Monroe Power Plant

DTE Energy reports second quarter earnings

Retrieved on: 
Thursday, July 27, 2023
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Operating earnings for the second quarter 2023 were $206 million, or $0.99 per diluted share, compared with 2022 operating earnings of $171 million, or $0.88 per diluted share.

Key Points: 
  • Operating earnings for the second quarter 2023 were $206 million, or $0.99 per diluted share, compared with 2022 operating earnings of $171 million, or $0.88 per diluted share.
  • Reconciliations of reported earnings to operating earnings are included at the end of this news release.
  • DTE Energy recently reached a historic clean energy settlement agreement with stakeholders to transform energy generation and dramatically reduce carbon emissions.
  • "From ending the use of coal in 2032, to reducing future costs of our clean energy transformation by $2.5 billion, this plan is a roadmap to cleaner, more reliable and affordable energy for our customers."

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

Retrieved on: 
Wednesday, July 26, 2023
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DTE Energy (NYSE: DTE ) today received approval from the Michigan Public Service Commission (MPSC) on the Company’s landmark CleanVision Integrated Resource Plan (IRP).

Key Points: 
  • DTE Energy (NYSE: DTE ) today received approval from the Michigan Public Service Commission (MPSC) on the Company’s landmark CleanVision Integrated Resource Plan (IRP).
  • “We want to thank the Michigan Public Service Commission for approving our CleanVision Plan.
  • 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.
  • Directing an additional $110 million to support income-qualified home energy efficiency programs, customer affordability programs and access to clean energy resources for the Company’s most vulnerable customers.

DTE Energy and Michigan stakeholders reach historic clean energy settlement agreement

Retrieved on: 
Wednesday, July 12, 2023
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DETROIT, July 12, 2023 – DTE Energy (NYSE: DTE ) today announced a historic settlement agreement with nearly two dozen organizations from across Michigan on the Company’s transformational CleanVision Integrated Resource Plan.

Key Points: 
  • DETROIT, July 12, 2023 – DTE Energy (NYSE: DTE ) today announced a historic settlement agreement with nearly two dozen organizations from across Michigan on the Company’s transformational CleanVision Integrated Resource Plan.
  • Reaching a settlement agreement highlights the constructive, collaborative nature with the Company’s stakeholders as it begins implementation of this transformational plan.
  • Key details of this settlement agreement include:
    Investing in clean and reliable energy by:
    Developing more than 15,000 megawatts of Michigan-made renewable energy by 2042.
  • “This plan will make Michigan a national leader in renewable energy by accelerating the Company’s move to carbon-free energy,” said Norcia.

DTE Energy proposes transformational investment in Michigan-made renewable energy and accelerates emission reductions

Retrieved on: 
Thursday, November 3, 2022
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The proposed plan increases investment in solar and wind energy, accelerates the retirement of coal plants, and includes the development of new energy storage all reinforcing DTEs commitment to cleaner energy.

Key Points: 
  • The proposed plan increases investment in solar and wind energy, accelerates the retirement of coal plants, and includes the development of new energy storage all reinforcing DTEs commitment to cleaner energy.
  • Across the country, and here in Michigan, the energy landscape is changing rapidly and fundamentally, said Jerry Norcia, chairman and chief executive officer, DTE Energy.
  • We are excited to drive this transformation by powering the grid with Michigan-made renewable energy, existing nuclear and natural gas.
  • DTE Energy (NYSE: DTE )isa Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.