DTE Energy Co. announced it will build several natural gas-fired power plants starting in 2021 to replace three aging coal-fired plants it will retire by 2023.
The $1 billion to $1.5 billion investment is part of DTE’s commitment to ensure electric reliability for its 2.2 million customers in Southeast Michigan that also will help Michigan achieve resource adequacy targets and cleaner air and water, said Gerry Anderson, DTE’s chairman and CEO.
“DTE Energy is committed to providing Michigan and our customers with reliable, cleaner sources of energy,” Anderson said in a statement. “These new energy generation investments will significantly reduce greenhouses gases by moving to cleaner technologies. Just as important, it will enable us to deliver safe, affordable and reliable energy for DTE’s 2.2 million customers.”