DTE Energy to build region's largest battery energy storage center at site of retired Trenton Channel coal plant [Yahoo! Finance]
DTE Energy Company (DTE)
Last dte energy company earnings: 4/28 07:00 am
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Source: Yahoo! Finance
Detroit, June 10, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE ), Michigan's largest producer of renewable energy, will also become a leader in battery storage as it converts a portion of its retired Trenton Channel coal power plant site to house a 220-megawatt battery energy storage center. When complete in 2026, the energy storage center is expected to be the largest standalone battery energy storage project in the Great Lakes region. The new Trenton Channel Energy Center will support DTE's transformational CleanVision Integrated Resource Plan and Michigan's new statewide energy storage target, both of which align with DTE's net zero carbon reduction goals. The facility will store electricity during times of excess generation and distribute the power to customers when they need it. This will reduce strain on the grid, decrease the need to start and stop generation as demand fluctuates, and augment DTE's growing fleet of renewable generation – all of which benefit DTE customers.
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DTE
News
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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