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Statement from DTE Electric President on MPSC Certificate of Need order

DETROIT, April 27, 2018 — Trevor Lauer, president and chief operating officer, DTE Electric, made the following public statement at today’s Michigan Public Service Commission meeting regarding the MPSC order approving the company’s three Certificates of Need.

“On behalf of DTE Energy, I’d like to thank the Michigan Public Service Commissioners, MPSC Staff, and the many stakeholders who provided perspective throughout this transparent and inclusive process.

“Today’s decision to approve our three Certificates of Necessity was made through thoughtful deliberation and consideration of what was best for Michigan businesses and families.

“Over a decade ago, DTE Energy began to explore what Michigan’s energy future could look like, as we were approaching a time when major generation decisions needed to be made.  The legislature recognized this, and took the opportunity to establish a framework for the most significant transition of the state’s energy infrastructure in decades and took action by passing a bi-partisan law that moves Michigan in the right direction.

“In May of 2017, we deepened our intentions and announced our commitment to reduce carbon emissions more than 80 percent, taking an environmental leadership role in the state and the energy industry. Milestones like today are an important step toward achieving this goal. In just a year, industry peer companies have moved forward with their own sustainability commitments, including CMS Energy, which is great for our state.

“To date, we’ve driven more than $2 billion in renewable energy investments, operate 13 utility-scale wind farms and 31 solar parks, and recently submitted a plan to the MPSC to double our renewable energy capacity within the next five years. This year, we’ll commission our largest wind park to date, which will also be the largest wind park in the state.  We’ve worked closely with the MPSC and Commissioners on energy waste reduction, with more than four million customers participating in these programs, saving, an average of $5 for every $1 invested.

“We are extremely proud of our efforts – and we’re just getting started. Today’s decision is one aspect of the bigger picture, as you pointed out, serving as a critical piece to the success of providing reliable, affordable, cleaner energy to all our customers in Michigan.

“Our decision to complement our substantial investments in renewables with this natural gas plant allows us to take a big step toward reducing our carbon emissions while also keeping costs affordable and continuing to deliver 24/7 energy for our customers.

“We do not have to make a choice between what’s best for the environment and what’s best for the economy in the state of Michigan. With planning and collaboration, we can do both, and we heard your points around collaboration and it’s something we’ll work closely on.

“Today, we continue our path forward –  we will continue retiring aging coal plants and investing in renewable energy and natural gas to ensure Michigan’s energy is always on. Thank you.”

 

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, empoweringmichigan.com, twitter.com/dte_energy and facebook.com/dteenergy.

For further information: Stephanie Beres, 313.235.5555