Consumers Energy and DTE Energy said they are accelerating plans to produce cleaner energy in Michigan, targeting at least a 50% of the state’s Clean Energy Goal by 2030. The aim is to achieve this target through a combination of renewable investments (of at least 25%) and energy efficiency.
In the past year, DTE Energy and Consumers have announced plans to reduce carbon emissions by more than 80% in the coming decades. Leveraging the already aggressive framework established in Michigan’s 2016 bipartisan energy law, the state’s two largest energy companies are advancing their plans to invest in Michigan.
This is in conjunction with an agreement by Clean Energy, Healthy Michigan (CEHM) to place aside a ballot proposal to increase the state’s renewable portfolio standard.
Michigan’s two energy companies have been cited as industry leaders in their commitment to transform the way they produce energy: retiring coal plants and increasing wind and solar generation.
DTE Energy Chairman and CEO Gerry Anderson and Consumers Energy CEO Patti Poppe released the following statement:
“We appreciate that Tom Steyer and the sponsors of Clean Energy, Healthy Michigan have taken the time to understand our commitment to carbon reduction and how Michigan’s energy plan puts the tools in place to achieve this goal in a thoughtful and affordable manner. Our two companies are overwhelmingly in favor of renewable energy and are focused on bringing additional energy efficiency opportunities to our customers. We will continue to work within the framework put forward by our legislature and regulators to build on our environmental initiatives to benefit all residents of the state.”
Filed Under: News, Policy