DTE Energy announces its plan to improve electric reliability by over 60% in the next five years
September 29 2023 - 9:00AM
As part of its five-year, $9 billion plan to build the grid of the
future, DTE Energy (NYSE:DTE) will today file its 2023 roadmap to
improved reliability (Distribution Grid Plan) with the Michigan
Public Service Commission (MPSC). The plan accelerates system
upgrades, with a goal of improving reliability for customers by
more than 60% over the next five years. As part of this
roadmap, DTE announced three customer-focused goals:
- Increase average reliability by over 60% within five years,
putting DTE on track to be in the top half of best performing
utilities nationwide for both the frequency and duration of
outages.
- Transition to a smart grid with full automation within five
years, resulting in smaller and shorter outages.
- Within three years, 90% of the circuits in Detroit will have
been updated, with the remaining 10% actively undergoing
upgrades.
“We are committed to
building the grid of the future,” said Matt Paul, president and
chief operating officer, DTE Electric. “Last year, our system
operated without incident 99.9% of the time, but we still have work
to do to create a more resilient power grid that provides customers
with the reliability they expect and deserve.” Highlights of
the reliability roadmap include:
- Trimming more than 30,000 miles of trees throughout DTE’s
service territory.
- Updating more than 10,000 miles of existing
infrastructure.
- Rebuilding some of the oldest sections of DTE’s grid to
increase capacity and reliability, including new substations in
Detroit, Ann Arbor, Port Huron, Almont Township, Lenox Township,
Van Buren Township, Plymouth Township and Lapeer. Where it makes
sense, overhead equipment will be relocated underground.
- Fully automating the grid within five years by installing
10,000 smart devices, allowing for faster identification of damaged
areas and rerouting of service for most customers during an
outage.
“More reliable. More
automated. More resilient. These are our key objectives for the
next five years,” said Paul. “For example, adding more automation
technology to our system will enable us to quickly isolate outages
and reroute power for many affected customers, so they will
continue to have service while our crews are making
repairs.”
Over the past five years,
DTE has invested more than $5 billion in its electric grid and the
company will invest an additional $9 billion over the next five
years as part of its plan to improve reliability. With this
investment, the Company will accelerate its four-point plan already
being executed, focusing on work that delivers the most reliability
improvements for customers: trimming trees, updating existing
infrastructure, rebuilding significant portions of the grid and
accelerating the transition to a smart grid. These investments will
not only harden the grid against more frequent and extreme weather
events but will also support Michigan’s energy transition,
including electrification and distributed
generation.
DTE’s Distribution Grid
Plan will be made available on the MPSC docket later
today.
About DTE
Energy DTE Energy (NYSE:DTE) is a Detroit-based
diversified energy Company involved in the development and
management of energy-related businesses and services nationwide.
Its operating units include an electric Company serving 2.3 million
customers in Southeast Michigan and a natural gas Company serving
1.3 million customers in Michigan. The DTE portfolio includes
energy businesses focused on custom energy solutions, renewable
energy generation and energy marketing and trading. Through our
commitment to cleaner energy, DTE Electric plans to reduce CO2
emissions by 90% and DTE Gas will plan to reduce methane emissions
80% by 2040 to produce cleaner energy while keeping it safe,
reliable and affordable. DTE Electric and Gas aspire to achieve net
zero carbon emissions by 2050. DTE is committed to serving with its
energy through volunteerism, education and employment initiatives,
philanthropy and economic progress. Information about DTE is
available at dteenergy.com, empoweringmichigan.com,
twitter.com/dte_energy and facebook.com/dteenergy.
Colleen Rosso
DTE Energy
313.235.5555
DTE Energy (NYSE:DTE)
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