Landmark Plan to Accelerate End of Coal Era, Provide Reliability and Protect Environment Earns Approval
A broad coalition of supporters for the plan includes customer groups, environmental organizations, MPSC staff, energy industry representatives and the
"This is a historic moment in
The updates to
COAL PLANT RETIREMENTS BY 2025:
closes all three units at the J.H.
Campbellcoal plant in West Olivein 2025 in addition to two units at the D.E. Karn coal plant in 2023 (as per the 2018 Clean Energy Plan) and will be among the first utilities in the nation to go coal-free by 2025.
ensures supply reliability through the purchase of the
Covert Generating Stationin Van Buren County, a natural gas-fired power plant. Additionally, we plan to purchase 700 megawatts of electric capacity — roughly the equivalent of a power plant — from a variety of sources through a one-time request for proposal (RFP).
- RISE OF SOLAR: continues the rapid transition to clean, renewable sources by adding nearly 8,000 megawatts (MW) of solar power by 2040 ensuring 90 percent of our capacity comes from clean sources. Learn more at ConsumersEnergy.com/MiSolar
- BATTERY DEPLOYMENT : accelerates energy storage with a total of 75 MW of energy storage by 2027, achieving 550 MW by 2040.
creates price stability and helps customers save an estimated
$600 million dollarsthrough 2040 compared to the current plan. Consumers Energywould also continue its successful energy waste reduction programs that have saved customers nearly $5 billionsince 2009. In addition, the company has committed to continue to fund utility bill assistance programs for low-income customers.
"Together, we've created the best Clean Energy Plan for
For more information about
View original content to download multimedia:https://www.prnewswire.com/news-releases/landmark-plan-to-accelerate-end-of-coal-era-provide-reliability-and-protect-environment-earns-approval-301574395.html