Released October 28, 2020 | SUGAR LAND
en
Researched by Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic has not slowed some of DTE Energy Company's (NYSE:DTE) (Detroit, Michigan) most ambitious plans, including a recently announced spin-off of its midstream business into an independent, publicly traded company, and $17 billion in capital-spending planned for the next five years, a 13% increase from DTE's previous estimate. It also is bolstering its use of renewable sources as it plans to be carbon-free by 2050. Industrial Info is tracking more than $3.2 billion in active projects from DTE, more than half of which is attributed to capital-spending projects under construction.
Click on the image at right for a graph detailing DTE's active projects, by fuel type.
When compared with other major energy providers, DTE has been fortunate amid the COVID-19 pandemic. Although the company was forced to hit the pause button on several major projects earlier in the year, most have resumed and few big-ticket items faced long-term delays. DTE has been at work since late 2018 on its estimated $989 million Blue Water Energy Center, a natural gas-fired, combined-cycle (NGCC) power station that will replace output lost from the coal-fired St. Clair Power Station in East China, Michigan. DTE halted work on Blue Water for a few weeks in March and April, but resumed work in early May, with no delay in the projected first-quarter 2022 completion date.
The Blue River plant will feature a pair of combustion turbines and a steam turbine from General Electric (NYSE:GE), with a total output of 1,100 megawatts (MW). Its construction runs parallel to the St. Clair plant's lengthy dismantlement and demolition, and precedes a pair of ash-pond closures. For more information, see Industrial Info's project reports on the Blue Energy plant and St. Clair's demolition and ash ponds.
Other major projects from DTE have avoided COVID-19-related delays entirely. The $640 million Isabella Windfarm in Weidman, which began construction in September 2019 and is set to wrap up at the end of this year, will generate 386 MW from 136 turbines. When completed, it will be one of the largest windfarms in Michigan. The Michigan Public Service Commission (MSPC) approved DTE's amended renewable energy plan for the project in mid-July. For more information, see Industrial Info's project report.
The MSPC also approved DTE's plan for the estimated $350 million Meridian Wind Farm in Midland, which is expected to generate 225 MW from 70 turbines. Both windfarm projects allow DTE to meet Michigan's renewable portfolio standard, which requires 15% of electricity to come from renewable energy sources by 2021. For more information, see Industrial Info's project report.
Like many other major energy providers across the U.S., DTE is trying to cut coal from its diet. As with the Isabella and Meridian windfarms, the company has committed itself to increasing the presence of renewable energy in its portfolio and plans to retire 11 of its 17 coal-fired units by 2023. In addition to the St. Clair plant, DTE is planning a series of ash pond closures in the coming years, including at its power plant in River Rouge, which began preparations this year, and at its power station in Monroe, set to begin next year. For more information, see Industrial Info's project reports on the River Rouge and Monroe projects.
DTE also is pursuing more specialized power-generation projects. A $37.7 million Central Utility Plant at Wayne County's criminal justice center, east of Detroit, will generate 1 MW of backup power and serve all the utility needs for the 11-acre complex. The project began construction in May and is set to wrap up at the end of 2022. For more information, see Industrial Info's project report.
The company also is seeking permits for an estimated $39.6 million solar project at a landfill in Ann Arbor. The facility, which would not begin construction until fourth-quarter 2021 at the earliest, would generate 24 MW from photovoltaic panels. Ann Arbor officials believe it could power nearly all of the city's municipal operations, according to Michigan news site m live. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
Click on the image at right for a graph detailing DTE's active projects, by fuel type.When compared with other major energy providers, DTE has been fortunate amid the COVID-19 pandemic. Although the company was forced to hit the pause button on several major projects earlier in the year, most have resumed and few big-ticket items faced long-term delays. DTE has been at work since late 2018 on its estimated $989 million Blue Water Energy Center, a natural gas-fired, combined-cycle (NGCC) power station that will replace output lost from the coal-fired St. Clair Power Station in East China, Michigan. DTE halted work on Blue Water for a few weeks in March and April, but resumed work in early May, with no delay in the projected first-quarter 2022 completion date.
The Blue River plant will feature a pair of combustion turbines and a steam turbine from General Electric (NYSE:GE), with a total output of 1,100 megawatts (MW). Its construction runs parallel to the St. Clair plant's lengthy dismantlement and demolition, and precedes a pair of ash-pond closures. For more information, see Industrial Info's project reports on the Blue Energy plant and St. Clair's demolition and ash ponds.
Other major projects from DTE have avoided COVID-19-related delays entirely. The $640 million Isabella Windfarm in Weidman, which began construction in September 2019 and is set to wrap up at the end of this year, will generate 386 MW from 136 turbines. When completed, it will be one of the largest windfarms in Michigan. The Michigan Public Service Commission (MSPC) approved DTE's amended renewable energy plan for the project in mid-July. For more information, see Industrial Info's project report.
The MSPC also approved DTE's plan for the estimated $350 million Meridian Wind Farm in Midland, which is expected to generate 225 MW from 70 turbines. Both windfarm projects allow DTE to meet Michigan's renewable portfolio standard, which requires 15% of electricity to come from renewable energy sources by 2021. For more information, see Industrial Info's project report.
Like many other major energy providers across the U.S., DTE is trying to cut coal from its diet. As with the Isabella and Meridian windfarms, the company has committed itself to increasing the presence of renewable energy in its portfolio and plans to retire 11 of its 17 coal-fired units by 2023. In addition to the St. Clair plant, DTE is planning a series of ash pond closures in the coming years, including at its power plant in River Rouge, which began preparations this year, and at its power station in Monroe, set to begin next year. For more information, see Industrial Info's project reports on the River Rouge and Monroe projects.
DTE also is pursuing more specialized power-generation projects. A $37.7 million Central Utility Plant at Wayne County's criminal justice center, east of Detroit, will generate 1 MW of backup power and serve all the utility needs for the 11-acre complex. The project began construction in May and is set to wrap up at the end of 2022. For more information, see Industrial Info's project report.
The company also is seeking permits for an estimated $39.6 million solar project at a landfill in Ann Arbor. The facility, which would not begin construction until fourth-quarter 2021 at the earliest, would generate 24 MW from photovoltaic panels. Ann Arbor officials believe it could power nearly all of the city's municipal operations, according to Michigan news site m live. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
