DTE Energy (DTE) to Build 220MW Michigan Energy Storage Center [Yahoo! Finance]
DTE Energy Company (DTE)
Last dte energy company earnings: 4/28 07:00 am
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Source: Yahoo! Finance
This should expand DTE's footprint in the rapidly expanding energy storage market. Once completed, which is projected in 2026, the energy storage center is anticipated to be the largest stand-alone battery energy storage project in the Great Lakes region of Michigan. Benefits of the Project The new storage plant will stock excess electricity generation and deliver the same to DTE Energy's customers in times of increased electricity demand. This will bring down the grid's load, eliminate the need to start and stop generating in response to demand fluctuations, and extend DTE's fleet of renewable energy sources. Such acceleration in clean energy supply might attract more consumers to choose DTE Energy as their preferred utility provider, thereby boosting its top-line results. Almost 40,000 houses will be powered by 880 megawatt-hours of electricity that the new Trenton Channel Energy Center is expected to store. This, in turn, will put DTE a step ahead of achieving its target of
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DTE
News
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- DTE Energy (NYSE: DTE) had its price target lowered by analysts at Morgan Stanley from $116.00 to $111.00. They now have an "overweight" rating on the stock.MarketBeat
- Thousands of Michigan Residents Weather Days Without Power During Heat Wave [The New York Times]The New York Times
- Helicopters scramble to rescue people in flooded Iowa town while much of US toils again in heat [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Scorching temperatures persist as heat wave expands, with record-breaking temperatures expected across U.S. [CBS News]CBS News
DTE
Earnings
- 4/25/24 - Miss
DTE
Sec Filings
- 6/20/24 - Form 11-K
- 6/7/24 - Form 4
- 6/7/24 - Form 144
- DTE's page on the SEC website