Michael’s Background


ENERGY-THE FOURTH FACTOR OF PRODUCTIONBurning fossil fuels (coal, natural gas, oil) supplies most of the energy in the industrial economies. The use of this chemical energy in economic production is one of the key characteristics of the industrial nations. The use of non-human and non-animal energy is so important to industrial societies that energy, itself, is now an additional factor of production. This was not explicitly observed in the pre-industrial era. Energy must now be added as a fourth factor to the three classical factors of economic production; land, labor and capital. Because energy is a factor of production in industrial society, its production and its use is complicated.

Source: Stavy, Michael, The Effect That the Kyoto Protocol Will Have on the Cost of Wind Power in the Signatory Countries, Global WindPower 2002 Conference, 2-5 April, Paris, France 

  • Senior advisor (29 years) on renewable energy finance
  • Michael can advise you on the finances of your wind power, solar energy, energy storage, and hydrogen projects
  • Michael can advise you on the finances of carbon mitigation credits and taxes
  • BA–University of Illinois at Chicago (1967). Michael took math through differential equations and one year of both physics and chemistry.
  • MBA–Kellogg (Northwestern) Graduate School of Management, Day Program, (1969) 
  • CPA–Illinois (1979–inactive)
  • CPA–Registered Illinois (1980-1986)
  • Michael’s Private Résumé (CV) is available to members of the public if they are considering Michael for a work assignment. Email Michael ( michael@michaelstavy.com ) with your proposed work assignment and he will decide whether to email you a copy of his Private Résumé (CV)
  • Michael was quoted in the 25 April 2013 New York Times article, “Power Grids Iffy, Populous Areas Go for Generators”  http://nyti.ms/10CnQ8T
  • Alternatively, members of the public can read his Open Access Résumé (CV) that is posted on this website.
  • Google Scholar has reported (2018) that Michael’s 37 papers/presentations have been cited 18 times http://goo.gl/ZZirpy 
  • The abstracts for Michael’s 37 papers/presentations are at https://michaelstavy.wordpress.com/category/michaels-37-abstracts/
  • Michael does Financial Reviews for the 2015 Paris Climate Accord, for the 2017 Chicago Climate Charter and for the Kyoto Protocol
  • Michael can advise you on the finances of your climate mitigation strategy in Salt Lake City, Paris, Chicago, Kyoto, Bilbao or at your office.
  • For some climate fun, Michael recommends that potential clients go to https://tinyurl.com/y7p9z2ty  Michael plans to add to his just plain renewable energy finance fun section in the near future. Now he has to go out and have some fun. 
  • For some serious global warming analysis, Michael recommends that potential clients visit the U-Tube  video on why the Kyoto Protocol failed @  https://www.youtube.com/watch?v=bcxL7jN4akw
  • Michael’s paper, Is Hydrogen Energy Storage Ready for Prime Time on the European Grid?, was presented at Wind Europe 2019,  2-4 April, Bilbao, Spain. Download the paper’s LCOS Financial Algorithm Workbook at   https://tinyurl.com/y6uptvrd
  • Download Michael’s Wind Europe 2019  Paper and his 75th Birthday Edition of Michael’s Wind Europe 2019 Poster. The paper is good reading. The poster colors are great and the data is accurate.  The poster will look good on your grandchildren’s (children’s) bedroom wall or on your office wall. Go to https://tinyurl.com/y6uptvrd
  • Michael’s paper, Is Hydrogen Energy Storage Ready for Prime Time on the North American Grid was presented at Solar Power International 2019 (SPI-19), 23-26 September, Salt Lake City UT. Thanks for stopping by Michael’s Poster and saying hello.   https://tinyurl.com/y6uptvrd%C2%A0
  • You can discuss the finances of hydrogen energy storage with Michael in Bilbao, Barcelona, at your office, in Salt Lake City, at his office in Chicago or at his Georgetown, CO mountain cabin.  See his Georgetown, CO mountain cabin below.   
  • Michael can also meet with you in Georgetown, DC or TX (not CO).                                                                                   
You can still Michael meet at the Guggenheim
You can also meet Michael at WindEurope 2020 in Hamburg
You can still Michael meet in Houston
You can also meet Michael ar Wind Power 2020 in Denver.
You can still meet Michael in Salt Lake City

French Route N-7 in Provence  

The image at the top of this page is a foot bridge over the  North Branch (at Monticello Ave–Albany Park) of the Chicago River.  Michael has lived along the Chicago River for 54 years. The first 12 of these 54 years he lived with his parents long the North Branch of the Chicago River in Albany Park.

For your children and grandchildren, below is a picture of one of Michael’ s childhood friends. This picture was taken by Michael’s father.

When he was a child, Michael swam in the Chicago River with this friend.

A Happy Chicago River Fish
!884 Mountain Cabin

Above is Michael’s mountain cabin in Georgetown, Colorado. Michael meets with clients at their office, at Michael’s Chicago office or in his Georgetown mountain cabin.

In a case study for his WindEurope 2018 paper, Michael used the Cabin Creek Pumped Hydro Storage Plant, a utility-scale [324 MW | 1,496 MWh] Pumped Storage Plant located in Clear Creek County, CO. Georgetown, CO is the county seat of Clear Creek County. 

My New Business Card
Back of my New Business Card