WINDPOWER Conference & Exhibition 2019

Michael STAVY
Senior Advisor
Senior Advisor on Renewable Energy Finance


Michael STAVY, MBA, CPA (inactive), is a Senior Advisor (29 yrs) on Renewable Energy (wind power, solar energy, energy storage) Finances. His advice is based on his comprehension of energy finance and the technologies involved. He had a very unusual military experience which got him to think of energy policy. Michael was a member (E-3) of a USAR Civil Affairs Group that continuously studied an assigned geographic area in order to set up a government after the front line moved forward. He has publically demonstrated his financial analysis (33 papers presented at wind and solar conferences; two papers published in the ASME Journal of Solar Energy Engineering). His 35 paper topics include the LCOE of wind and solar plants and the LCOS of energy storage systems. His paper, "A Financial Worksheet for Computing the Cost (US¢/kWh) of Solar Electricity Generated at Grid Connected Photovoltaic (PV) Generating Plants", Journal of Solar Energy Engineering, August, 2002, Vol. 124, Page 319, was one of the top 10 articles downloaded from the JSEE website in the following months: November, 2006; December, 2007; February, 2008; October, 2008. https://tinyurl.com/yatsour7 On 4 April 2012, Michael was quoted on electric grid (T & D) reliability in the New York Times. http://nyti.ms/10CnQ8T Preparing his NYT comments on grid stability lead Michael to work on energy storage finance. Michael’s academic credentials include a BA (1967) at the University of Illinois at Chicago [UIC], where he took math through differential equations and one year each of college physics and chemistry; an MBA (1969) at Northwestern University’s Kellogg Graduate School of Management-Day Program and an Illinois CPA (1979). Michael taught (10/2002) at the Ecole Supériere de Affairs (ESA), Université Pierre Mendès France, (Grenoble-II) and at UIC (1997-98). Michael was a tenured Economics Professor (1970-99) at the College of DuPage, Glen Ellyn, IL.

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