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Guess Who’s Investing in Renewables

Continuing with our infrastructure focus, it’s #TimetoBuild Michigan’s energy infrastructure. Today we’re taking a closer look at what that means for renewable energy in our state.

Did you know Michigan’s local energy providers are already making substantial investments in renewable energy, building a diverse energy mix perfectly calibrated to deliver a reliable, affordable flow of energy to Michigan families and businesses?

Harnessing the Power of the Sun

Local energy companies are the largest investors in renewable energy in Michigan. In the last decade, DTE Energy has spent $170 million in developing solar panels. Lapeer Solar Park features 200,000 panels and generates enough energy to power 11,000 homes. Consumers Energy has launched similar projects, opening “solar gardens” on college campuses in Michigan at Grand Valley State University and Western Michigan University. Since opening in 2016, those two solar parks have generated 12,090 MWh of energy!

Hydro Power Still Powers Michigan 

Roughly 100 dams statewide produce electricity to power Michigan homes and businesses.  The Ludington Pumped Storage Power Plant, jointly owned by Consumers Energy and DTE Energy, produces enough power by itself to serve a community of 1.4 million people.

Wind Keeps the Wheels of Michigan’s Local Economies Turning

On average, wind power costs between two and six cents per kilowatt-hour, making it one of the cheapest energy sources in the country. Michigan has more than 20 wind farms and wind projects and over 1,000 turbines. Wind accounts for about 4% of Michigan’s in-state energy production, and that percentage will continue to grow over the next several years because wind is another abundant resource due to our state’s geography and climate.

Large-Scale Investments in Wind, Sun, Water and More

Michigan’s bipartisan 2016 energy law requires Michigan to increase its renewable energy portfolio to 15% by 2021. But we’re not stopping there. Michigan energy companies are thinking much bigger—last year, DTE Energy announced a plan to reduce carbon emissions by 80 percent by 2050, and Consumers Energy has made a similar pledge, stating that more than 40 percent of the energy produced will come from renewable sources and energy storage by 2040.

Without the work of our local energy providers, renewable energy would be a luxury that most Michiganders simply couldn’t access. With strategic, large scale investments, renewable energy in Michigan is becoming a more reliable, affordable, and sustainable part of our overall energy picture.

Michigan’s future is bright for many reasons, not the least of which is our flexible, forward-looking approach to building out our energy supply.  Learn more.