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DTE Energy seeks proposals for capacity and energy

DETROIT – As part of its commitment to ensure long-term power reliability and produce cleaner energy for its 2.2 million customers, DTE Energy has issued a Request for Proposal (RFP) to solicit bids to potentially acquire a natural gas-fired power plant. 

DTE is seeking up to 1,200 MW of energy to replace a portion of the capacity from three coal-fired power plants that are scheduled for retirement by 2023 with cleaner, reliable and affordable energy sources.

Power plants associated with the RFP must be located within the Midcontinent Independent System Operator (MISO) Zone 7, which covers the majority of Michigan’s Lower Peninsula. Proposals submitted will be evaluated in conjunction with DTE’s recently announced plans to build a state-of-the-art natural gas turbine plant, expected to be located on existing DTE property adjacent to the Belle River power plant in China Township, Mich.

“While we have announced plans to build a new natural gas plant, DTE is assessing all options for new power capacity, including the purchase of a natural gas plant to produce electricity,” said DTE Electric President Trevor Lauer. “It is DTE’s responsibility to ensure our investment decisions meet our customers’ energy needs – with affordability and reliability among our top priorities. These important decisions will play a significant role in shaping DTE’s future power capacity.”

This new generation will provide long-term reliability and will add to DTE’s recent acquisitions of natural gas generating capacity. In 2015, the company acquired the 732 megawatt Renaissance Power Plant in Carson City and the 350 megawatt Dean Peaker Plant in East China Township to assure adequate generating capacity for DTE customers during periods of high demand for power.

Notices of Intent to Bid are due by March 17, 2017 and bids are due at 5 p.m. (EST) April 14, 2017. Companies interested in participating in the RFP process must register with the Power Advocate bid event platform at www.poweradvocate.com. The event number is 67418. Contact support@poweradvocate.com for questions about accessing the Power Advocate website.

 

About DTE Energy

DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dteenergy and facebook.com.

For further information, members of the media may call:
Brian Corbett, DTE Energy, 313.235.5555