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DTE Electric Company (formerly The Detroit Edison Company) is an investor-owned electric utility founded in 1886 in Detroit, Michigan. As the largest electric utility in Michigan, it serves approximately 2.3 million customers in the southeastern portion of the state.
Coal use has decreased by half over the last decade, replaced by natural gas and renewables. 60% of renewable generation is wind energy. [1] Michigan imports all coal and nuclear fuel (uranium), and 82% of natural gas. A goal to produce over 10% of electricity from in-state renewable sources was set in 2015.
The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, energy marketing and trading. As of 2022, 54.16% of DTE's electricity was generated from coal, 18.16% from nuclear, 14.22% from natural gas and 13.11% from renewable energy including wind, solar and hydroelectric.
The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
Right now, DTE said about 80% of its renewable generation is from wind and the rest solar, but going forward, the company expects it to become about 50% for each in five years.
United States electricity production by type. The United States has the second largest electricity sector in the world, with 4,178 Terawatt-hours of generation in 2023. [2] In 2023 the industry earned $491b in revenue (1.8% of GDP) at an average price of $0.127/kWh.
St. Clair is a base load power plant, dispatched after DTE Energy's Fermi 2 nuclear unit and the neighboring Belle River coal-fired power plant. Between 1999 and 2003, St. Clair's capacity factor averaged 57%, plant heat rate averaged 10,449 British thermal units per kilowatt-hour (3.1 kWh/kWh), giving an plant efficiency of 32%, and the ...
Under DTE’s resource plan, the company has noted it has gone from generating 77% of its power with coal in 2005 to just 45% in 2023. By 2027, it aims to cut that further to 32%, by 2029 to 15% ...
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