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DTE Energy Headquarters in Detroit, Michigan
S&P 500 Component
|Industry||Electric and Gas Utilities|
|Headquarters||Detroit, Michigan, U.S.|
|Gerard M. Anderson (Chairman, Chief Executive Officer and President)|
|Products||Electricity Natural Gas|
Number of employees
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.
The name "DTE" is taken from the stock symbol for the former Detroit Edison, DTE.
Existing coal-fired power plants
As of 2005 DTE Energy has 22 coal-fired generating stations with 7,998 MW of capacity. Here is a list of DTE Energy's coal power plants with capacity over 100 MW:
|Plant Name||County||Year(s) Built||Capacity|
|St. Clair||St. Clair||1953–1954, 1961–1969||1928 MW|
|Belle River||St. Clair||1984–1985||1664 MW|
|Trenton Channel||Wayne||1949–1950, 1968||776 MW|
|River Rouge||Wayne||1957–1958||651 MW|
|Marysville||St Clair||1943–1947||150 MW|
|Harbor Beach||Huron||1968||121 MW|
In 2016, DTE Energy retired three coal-fired generating units among its plants. In June 2016, DTE Energy said that it would close eight additional coal-fired generators at three coal plants in Michigan by the year 2023. The plants are located in River Rouge, St. Clair in East China Township and Trenton. In sum, the plants power around 900,000 homes. DTE Energy plans to replace them with renewable energy. The Detroit Free Press wrote that employees at the closing plants will be able to transfer to other facilities and will not lose their jobs.
Many of DTE Energy's coal plants were built in the 1950s and 1960s and "are nearing retirement age."
Since 2009, DTE Energy has invested over $1 billion in renewable energy according to their 2015–2016 Corporate Citizenship Report.
As of June 2016, DTE Energy had plans to build a solar arrays in Lapeer, Michigan that will be one of the largest in the eastern United States. It will do so as it retires coal-fired generators at coal plants in Michigan. According to DTE Energy, it is the largest investor in renewable energy in Michigan. It has invested over $2 billion since 2008.
In May 2016, the company broke ground on a solar array project in Lapeer, Michigan touted as the largest utility-owned solar array east of the Mississippi River. When the project is completed, it is expected to generate enough electricity to power 9,000 homes. DTE Energy also broke ground on a 10-acre solar installation in Detroit on the site of the abandoned O'Shea Park.
Landfill-based gas-to-energy operations
In May 2017, DTE Energy announced it had acquired "two landfill-based gas-to-energy operations" in Texas. The company wants to expand its operations to alternative vehicle fuel. The operations it acquired were the Fort Bend Power Producers, LLC facility outside of Rosenberg, Texas and the Seabreaze landfill gas development in Angleton, Texas, which has yet to be developed.
After these projects are operational, the company will have five "landfill conversion facilities which capture and convert dangerous landfill gases to pipeline-quality renewable natural gas." The gases will go to fueling transit buses.
In December 2011, the non-partisan organization Public Campaign criticized DTE Energy for spending $4.37 million on lobbying and not paying any taxes during 2008-2010, instead getting $17 million in tax rebates, despite making a profit of $2.5 billion.
- Enrico Fermi Nuclear Generating Station
- Monroe Power Plant
- Marysville Power Plant
- St. Clair Power Plant
- Belle River Power Plant
- American Light and Traction
- DTE Energy Music Theatre
- "DTE ENERGY CO 2013 Q4 Quarterly Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. February 14, 2014.
- "DTE ENERGY CO 2014 Fiscal Year End Form 10K".
- "DTE ENERGY CO 2014 Q1 Quarterly Report Form (10-Q)" (XBRL). United States Securities and Exchange Commission. April 25, 2014.
- "Company Profile for DTE Energy Co (DTE)". Retrieved 2008-10-17.
- "Company History". DTE Energy. Retrieved 2015-03-20.
- "DTE Energy closing three coal plants, constructing large solar array - Daily Energy Insider". 2016-06-21. Retrieved 2016-07-20.
- Witsil, Frank (2016-06-08). "DTE to shut down three coal plants within 7 years". Detroit Free Press. Retrieved 2016-07-20.
- "New DTE Energy solar projects give Lapeer sunny outlook - thecountypress.mihomepaper.com - The County Press".
- Nocerini, Shianne (17 September 2016). "O'Shea Park Gets A Second Life, This Time With Solar Panels".
- Galford, Chris (2017-05-31). "In acquisition of Texas renewable gas facilities, DTE Biomass looks to expand landfill operations - Daily Energy Insider". Daily Energy Insider. Retrieved 2017-05-31.
- Portero, Ashley. "30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes, 2008-2010". International Business Times. Archived from the original on 26 December 2011. Retrieved 26 December 2011.