521 0 Kommentare Michigan Public Service Commission approves DTE’s landmark clean energy plan

Plan expedites end of coal while building enough Michigan-made renewables to power ~4 million homes

Detroit, July 26, 2023 (GLOBE NEWSWIRE) --

Achieves 85% CO₂ emission reductions in nine years for DTE Electric with a goal of net zero carbon emissions by 2050(1).

Directs an additional $110 million to support the Company’s most vulnerable customers through the clean energy transition.

DTE Energy (NYSE:DTE) today received approval from the Michigan Public Service Commission (MPSC) on the Company’s landmark CleanVision Integrated Resource Plan (IRP). This approval comes just 14 days after a historic settlement agreement was reached between DTE and nearly two dozen organizations on the Company’s 20-year plan that dramatically transforms how DTE generates electricity as part of its mission to invest in the future of Michigan. Developed over the past two years with the input of DTE’s customers and other key stakeholders from across Michigan, this proposal accelerates DTE’s clean energy transition increasing investments in Michigan-made solar and wind energy, speeding up the retirement of coal plants, and developing new energy storage – all reinforcing DTE’s commitment to cleaner energy generated reliably and affordably.

“We want to thank the Michigan Public Service Commission for approving our CleanVision Plan. This has been a collaborative process, with input from key stakeholders, to ensure we have the best plan possible for our 2.3 million customers and the state of Michigan,” said Jerry Norcia, chairman and chief executive officer, DTE Energy. “We are transforming how we generate electricity – with the goal of getting as clean as we can as fast as we can – while ensuring we continue to produce energy that is reliable and affordable.”

DTE Electric will surpass its previously announced carbon emission reduction goals – targeting 65% in five years (2028), 85% in nine years (2032), 90% by 2040 and net zero carbon emissions by 2050.

Key details of the CleanVision Integrated Resource Plan include:

Investing in clean and reliable energy by:

Developing more than 15,000 megawatts of Michigan-made renewable energy by 2042. This carbon-free generation is the equivalent to powering approximately 4 million homes.

Accelerating the development of energy storage, targeting 780 megawatts through 2030 with a goal of more than 1,800 megawatts of storage by 2042 – reinforcing DTE’s commitment to clean and reliable energy and more than doubling current storage capacity.

Ending DTE’s use of coal in 2032 with a responsible, phased retirement schedule of the Belle River and Monroe coal power plants – dramatically reducing the Company’s use of coal from 77% in 2005 to 0% in less than three decades. The Company has further accelerated the retirement of the Monroe Power Plant – with half of the plant retiring in 2028 and full retirement in 2032. The Company will provide re-training for employees impacted by the coal plant retirements and will continue to partner with the local communities, who for years have hosted these coal-fired plants, on new economic development opportunities.