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Michael STAVY, Energy Economist
  HOME, BACKGROUND AND CONTACT INFORMATION Home Page--Michael STAVY, Energy Economist Michael STAVY'S Background, CV and Abstract List Michael STAVY'S Contact Information Michael STAVY's "Official" Office Song Michael's Picture Gallery-1 Inside Marina City American Economics Association Meeting 6-8 January 2012, Chicago SPECIALIZATIONS Buying Electricity and Natural Gas in Illinois' Competitive Energy Market Buying Electricity and Natural Gas in Massachusetts' Competitive Energy Market Developing Large (> 1 MW) Wind Projects Developing Small Wind (< 1 MW) Projects GHG Emissions Papers Will Help You Understand Climate ChangeDesigning a COP 17 Kyoto Protocol Climate Change Mitigation TreatyConsulting on Climate Change Mitigation, the COP 17 Kyoto Protocol, Carbon Trading and the Carbon Tax Developing Solar Thermal Projects Developing PV (Photovoltaic) Projects Purchasing Hybrid, Electric, Natural Gas, Hydrogen and Alternative Fuel Vehicles Developing Microturbine & Distributed Generation ProjectsABSTRACTS FOR ALL PUBLISHED PAPERS & PRESENTATIONS Abstracts of Michael STAVY'S Published Papers and PresentationsPAPERS AND PRESENTATIONS PRESENTATION at the EWEC 2010, Warsaw, Poland, 20-23 April CHICAGO EDITION of my 2009 EWEC Paper. EWEC Marseille, France 16 - 19 March 2009PRESENTATION at the EWEC 2009 Marseille, France 16 - 19 March 2009 Paper at the 2009 Michigan Wind Conference 3-4 March 2009, Cobo Hall, Detroit, MIPRESENTATION at the 2008 Latin American Wind Energy Conference, November 5-7, Guadalajara, MXPRESENTATION at WINDPOWER 2008, June 1-4, Houston, TXPRESENTATION at the 2008 European Wind Energy Conference, 31 March-3 April, Brussels. BelgiumPAPER, "The Economics of Storing Wind Electricity as Hydrogen" at WindPower 2007 June 3-6 Los Angeles, CA USAQUOTED in the Northwestern Alumni Magazine, Winter, 2007PAPER "The Technology of Storing Wind Electrcity as Hydrogen" at the European Wind Energy Conference, 7-10 May, 2007, Milan, ItalyPAPER at the POWER GEN Renewable Energy and Fuels Conference, March 6-8, 2007, Las Vegas, NVPRESENTATION "Reporting the Wind Story" At the Seminar "Reporting Energy Issues in the Midwest", Sponsored by the Foundation for American Communications, Urbana, IL September 14, 2006  Letter to the Editor of SPARK, November, 2005 "US Energy Sources and Uses" October 29, 2005 Interview on KYGT, Clear Creek County, CO Public Radio2005 COMMENTS to Illinois Commerce Commision Concerning lllinois' Renewable Portfolio Standard (RPS) My ANSWERS to Certain Questions Concerning Illinois' 2005 Renewable Portfolio Standard (RPS)My 4 October 2005 Speech to the Sierra Club, Chicago Group, North Shore Program COMMENTS Quoted in Newspapers or Magazines PUBLISHED "January 3, 2005 Letter to the Editor" in Crain's Chicago BusinessPAPER "Carbon Content of Hydrogen Vehicle Fuel" in the February, 2005 Journal of Solar Energy EngineeringPAPER "Worksheet to Compute the Cost Wind Electricity", World Renewable Energy Conference-VIII, Denver, CO USA, August 29-September 3, 2004PAPER California Climate Change Center's First Annual Conference on Climate Change, June 9-10, 2004, Sacramento, CAPAPER, National Hydrogen Association 20O4 Convention, April 26-30, 2004, Los Angeles, CAPAPER-Global WINDPOWER 2004 Conference, Chicago, IL USA, 28-31 March 2004PAPER-United States Association for Energy Economics-NCAC-Washington, DC, Friday, December 19, 2003PAPER-Illinois Economics Association's 33rd Annual Meeting, October 17-18, 2003, Chicago, ILPAPER-American Wind Energy Association, WIND 2003 Conference, May 18-21, 2003, Austin, TXPAPER-American Solar Energy Society's SOLAR 2003 Conference, June 21-23, 2003, Austin,TXPAPER-International Solar Energy Society-SOLAR WORLD CONFERENCE 2003-14-19 June 2003,Goteborg, Sweden PAPER-European Wind Energy Association-2003 EUROPEAN WIND ENERGY CONFERENCE 16-20 June 2003-Madrid,SpainPAPER-National Hydrogen Association's 14th Annual Meeting, March 4-6, 2003, Washington, DC PAPER, Global Windpower 2002 Conference, Paris, France, April 2-5, 2002 PAPER "Worksheet to compute the Cost of PV electricity" in the August, 2002 Journal of Solar Energy Engineering Sitemap Home Page--Michael STAVY, Energy EconomistMichael STAVY Energy Economist 312-321-1733 300 N STATE ST APT 4434 Chicago, Illinois USA 60654 michael@michaelstavy.com  A Modern 5 MW European Wind PlantIndependent Energy Economist----Strategic Advisor on Renewable Energy Economics and Climate Change Mitigation---Help US Utility Customers Buy Electricity and Natural Gas---Advising Clients Since 1990
Learn how I help Illinois utility customers: Buying Electricity and Natural Gas in Illinois' Competitive Energy Market
ENERGY-THE FOURTH FACTOR OF PRODUCTION
Burning 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 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 2002, Paris, France
RECENTLY FROM THE PRESS: I am quoted in this 05/25/11 Chicago Daily Herald Business Ledger article, Pump Prices are only Half the Pain by John T. Slania Go to: http://twitthis.com/tgaxla
RECENTLY PUT ON EXHIBITION: A photograph of my Marina City Condo (Chicago, IL USA) with me reading, French in Three Months, is on exhibition until 15 Jan 12 at the Art Institute of Chicago. First go to: http://twitthis.com/7n4xog and then to my new OFFICE SONG: http://twitthis.com/ebfvku
Strategic consulting in renewable energy (wind, solar thermal, PV) economics.
Strategic consulting in climate change mitigation (cap and trade, carbon tax, RPS, RES, Kyoto Protocol [Versions 1.0 and 2.0], EV, public transportation, 385 ppm).
Advise clients on the subtle yet important complex details of renewable energy economics and climate change mitigation.
Facilitate investor efforts to finance renewable energy/distributed generation projects with equipment leases, debt and tax equity.
Help clients develop their renewable energy projects from concept through operations management.
Specialize in renewable energy projects from 1-50 MW.
Also help small business clients with renewable energy projects under 1 MW.
Work with clients in the US Midwest (IL, WI, IA, MI, MN, IN), nationally and internationally.
Help clients purchase electric, hybrid and alternative fuel vehicle fleets.
Help clients buy electricity in IL, MA and in other competitive state electric markets.
Help clients buy natural gas in IL, MA and in other competitive state natural gas markets
 The Icelandic Volcano did not stop me! I made a poster presentation of my paper, The Effect That a US Signature on a Kyoto-II Climate Change Mitigation Treaty (or an Equivalent US Domestic Change Mitigation Policy) Will Have on the US Wind Industry, at the 2010 European Wind Energy Conference, 20-23 April, Warsaw, Poland.
Since the United Nations Framework Convention on Climate Change (UNFCC) entered into force (21 March 1994), the parties to the UNFCC have been meeting annually in the Conference of the Parties (COP) to assess the progress in dealing with climate change. Beginning in the mid-1990's, the COP was used to negotiate the Kyoto Protocol. The Protocol was initially adopted on 11 Dec 1997 in Kyoto Japan (Kyoto-I), it entered into force on 16 Feb 2005 and, unless extended (Kyoto-II) at COP 17, it will end on 31 Dec 2012. COP 17 will be held 28 Nov-9 Dec 2011 in Durban, South Africa.
Because of COP 17, I am giving the public open access to my 2010 EWEC paper and poster. My poster will look good on your office wall and on the office wall of your US Congressional Representative, your US Senator or your US President. You can put my poster on your children's bedroom wall and can tell them that this is their future (hopefully).
I am also giving open access to my 2008 Latin American Wind Conference presentation, The Use of the Kyoto Protocol and its Clean Development Mechanism (CDM) to Help Finance Wind Plants in Latin American Countries, and to my 2009 Michigan Wind Energy Conference presentation, A Mandatory US Federal Carbon Emissions Program (Kyoto-II) Will Reduce the Cost Advantage that Michigan Fossil Electricity has over Michigan Wind Electricity.
GO TO: PRESENTATION at the EWEC 2010, Warsaw, Poland, 20-23 April GO TO: http://twitthis.com/r44ec4
Open access to these documents ends on 20 June 2012, the summer solstice in the northern hemisphere.
The annual Meeting of the American Economics Association (AEA) was held 6-8 Jan 2012 in Chicago. I live in Chicago. I attended the annual meetings. In addition to being a consulting energy economist, I am a retired (29 years full-time, tenured) Economics Professor. I only attend these meetings. I did not present any papers nor will I sit on any panels.
To show my current energy economic work to my AEA peers, I have prepared two analyses, The Cost of Solar Electricity from Abengoa's Arizona CSP Plant with Storage, based on the WSJ article, Rebecca Smith, Solar Plant to Generate Power After Sundown, 12/31/10 and Why Rising Rood and Energy Prices are a Big Worry in response to Lawrence Meyer's 3/24/11 NYT Op/Ed, Why Rising Food and Energy Prices are not a Big Worry. Meyer is a former member of the Fed Board of Governors
This offer ends on Earth Day, 22 April 2012. For my analysis go to: http://www.nvo.com/stavy/aea
Go to Abstracts of My Published Papers and Presentations to read the abstracts of my 30 published papers/presentations. To save a tree, my documents are only available from me in electronic form. P Think Green To save the financial integrity of my consulting practice, my published documents are only available to clients and friends of the practice. Visitors can order copies by going to their library, to the publisher of the paper or by contacting me. My Contact Information
My article, A Financial Worksheet for Computing the Cost (¢/kWh) of Solar Electricity Generated at Grid Connected Photovoltaic (PV) Generating Plants, was published in the Journal of Solar Energy Engineering, August, 2002, Vol. 124, Page 319. This article was one of the top 10 articles downloaded from the Journal of Solar Energy Engineering in the following months: November, 2006; December, 2007; February, 2008; October, 2008. For more information on my paper go to: PAPER "Worksheet to Compute the Cost of PV Electricity" in the August, 2002 Journal of Solar Energy Engineering The worksheet in this paper was used by Chi-Jen Yang in his article, Reconsidering Solar Grid Parity, Energy Policy 38 (3) pages 3270-3273 (July 2010)
For a worksheet to compute the cost of wind electricity (US$/MWh; €/MWh) go to: PAPER "Worksheet to Compute the Cost of Wind Electricity" World Renewable Energy Conference-VIII, Denver, CO USA, August 29-September 3, 2004
Current Carbon Emissions Fact
“Viewed another way, last year’s [2007] carbon dioxide increase means 2.4 molecules of the gas were added to every million molecules of air, boosting the global concentration to nearly 385 parts per million (ppm). Pre-industrial carbon dioxide levels hovered around 280 ppm until 1850. Human activities pushed those levels up to 380 ppm by early 2006.”
US National Oceanic and Atmospheric Administration Website, Carbon Dioxide, Methane Rise Sharply in 2007, http://www.noaanews.noaa.gov/stories2008/20080423_methane.html Dated: April 23, 2008; Accessed: April 24, 2008
 To show a major European Climate Change mitigation technology that could be used in the US, I have put my videos of this technology on my U-Tube Channel @ http://www.youtube.com/user/MchaelStavy
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Disclaimer
The photographs of PV, solar thermal, wind and other renewable energy projects shown on this web site are for illustrative purposes only. Except where noted, I have neither consulted nor developed the projects shown. While I believe that this web site contains correct information, I am not making any warranty, express or implied, not do I assume any legal responsibility for the accuracy, completeness or usefulness of any information, apparatus, product, process or service disclosed. The information contained herein, and/or the products or services described, are subject to change without notice.
I am not responsible for the content of the external internet web sites that I have linked to.
17 November 2008
An Older Spanish Wind Plant (MW capacity unknown)
Photo: Michael Kemma, Quixote's Giants, Study 8, Consuegra Spain, 1996
Source: Michael Kenna, A 30 Year Retrospective, June 23-August 26, 2005, Robert Mann Gallery http://www.robertmann.com/
Monet's Zaan River at Zaandam (1871) [capacity factor unknown]
Horizontal axis Dutch wind mills (turbines) which have "sails" (blades) that use the lift principle to convert wind energy into mechanical energy
Source: Illustrated History of Wind Power Development by Darrell M. Dodge, Littleton, CO, 2002 web address: http://telosnet.com/wind/index.html
750 kW NEG/Micon Turbine, Moorhead MN
US EIA Photo
Fall 2006 Chicago, Illinois (Bio energy [Btu/lb] unknown)
Photographer: Christine BOIRY
Fall 2006 at dusk, walking along the Illinois and Michigan Canal (solar energy [KWh/m^2] unknown)
Former Land of Lincoln Resident and Advocate for a US Signature on the Kyoto Protocol (Version 2.0). Expected to be a US delegate to the COP 17 in Durban, South Africa
Political Science Department Art Collection, College of Liberal Arts and Sciences (LAS), University of Illinois at Chicago. Gift of Michael Stavy (LAS Class of 1967)
Image Source: Jan E Zechman, Zechman & Associates Advertising
 has been kind enough to assemble a group of photos from my website. To view the photo collection, go to the Google site @ http://twitthis.com/mb2uee
Page Revised: 29 June 2011
    Number of visitors since 1 Nov 1998. 13 years of exceptional consulting! On Fri, 14 Oct 2011, visitor 121K looked at this website. On Fri, 21 Jan 2012, visitor 124K stopped by. I have enjoyed your visits! I look forward to visitor 125K. Call for an appointment.Michael STAVY, Your Kind of Energy Economist for Your Kind of Planet
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