The Michigan Senate approved legislation that would increase the renewable portfolio standard while maintaining the 10% cap on retail choice.

Concerned about the impact of nuclear plant retirements in the state, Michigan officials have asked MISO to conduct a reliability analysis that assumes simultaneous outages at the Palisades and Fermi 2 nuclear plants. 

DTE Energy said the addition of two new Southwestern Energy drilling rigs in the Utica Shale could boost profits in the future.

The MISO-OMS 2016 Survey found that plant retirements could cause a generation shortfall as early as 2018 in MISO, 2 years earlier than previously expected.

We are proud to announce the initiation of the RTO Insider Top 30, the first in what will be a quarterly review of the top publicly traded companies.

DTE Energy reported 2015 net income of $727 million, a 20% decline from 2014’s $905 million.

Several energy companies reported their second-quarter earnings results last week.

DTE Electric has won federal approval to acquire a 320-MW natural gas-fired peaking plant from its parent company to help it meet MISO Zone 7 resource adequacy requirements.

FERC declined to rehear DTE Electric’s contention that MISO rules put generation developers at a disadvantage in the competition for reliability projects.

Extreme cold helped drive first quarter earnings at two of Michigan’s utilities, though neither DTE Energy nor CMS Energy enjoyed quite the bump as during the polar vortex last year.