Michigan’s largest utility company has announced that it is eliminating coal entirely from its fleet as part of a plan to reduce its carbon emissions by 80 percent. DTE said the plan would cut emissions 30 percent below 2005 level by the early 2020s, 45 percent by 2030, and and 75 percent by 2040 on its way to meeting the final target by 2050. The reductions are more aggressive than what would have been required by the Clean Power Plan. The majority of the emissions cuts will come from shuttering coal plants as they age. In 2040, arond the time when DTE phases out its last operational coal plant, the company’s expected mix of energy will be 20 percent nuclear energy, 40 percent renewable and 40 percent natural gas. The plan will require about $15 billion in investment over that timeframe, and will include the construction of 6,000 megawatts of renewable energy capacity, the addition of 3,500 megawatts of natural-gas fired energy capacity, and a $5 billion investment over the next five years to upgrade the electric grid and as infrastructure.
– via MLive