DTE Energy Company (DTE) has revealed that it is set to construct a 220-megawatt (MW) battery energy storage complex at the site of its former coal power plant in Trenton Channel, MI. This should expand DTE’s footprint in the rapidly expanding energy storage market.Once completed, which is projected in 2026, the energy storage center is anticipated to be the largest stand-alone battery energy storage project in the Great Lakes region of Michigan.Benefits of the ProjectThe new storage plant will stock excess ...

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 transformatio ...

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 transformation ...

Detroit, May 20, 2024 (GLOBE NEWSWIRE) -- For Demetria Tucker, transitioning into the clean energy career field was a leap of faith. She hoped to secure a better-paying job to support herself and her family, with future growth opportunities and advanced training, so she joined DTE's Energy Efficiency Academy. In June of last year, Demetria graduated from the Academy and moved into a career earning wages that double the state's average.  "The first day of the program was the most memorable for me, I was nerv ...

Detroit, May 20, 2024 (GLOBE NEWSWIRE) -- For Demetria Tucker, transitioning into the clean energy career field was a leap of faith. She hoped to secure a better-paying job to support herself and her family, with future growth opportunities and advanced training, so she joined DTE’s Energy Efficiency Academy. In June of last year, Demetria graduated from the Academy and moved into a career earning wages that double the state’s average.  “The first day of the program was the most memorable for me, I was nerv ...

Investors looking for stocks in the Utility - Electric Power sector might want to consider either DTE Energy (DTE) or Southern Co. (SO) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our S ...

1xpert/iStock via Getty Images DTE Energy (NYSE:DTE) is the largest utility in the State of Michigan, incorporated in 1995. Its four wholly-owned subsidiaries are DTE Electric (founded in 1903 as the Detroit Edison Company), DTE Gas (founded in 1849 as City of Detroit Gas), DTE Vantage, and DTE Energy Trading (started in 1998). Vantage operates renewable natural gas projects and provides energy consulting services. DTE Electric has 2.3 million customers in southeast Michigan, which includes the City of ...

Exhibit 99.1 DTE Energy reports first quarter earnings and accomplishments • Continued significant investments to improve reliability and transition to cleaner generation; on track to invest more than $4 billion into our utilities in 2024 • Earned the ENERGY STAR Partner of the Year award for sustained excellence in energy efficiency • Celebrated 175 years of service at DTE Gas • Grew MIGreenPower voluntary renewables program by enrolling Taubman Realty Group and other customers • Recognized as a Gallup Exc ...

Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and WEC Energy Group (WEC) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and ou ...

财务数据和关键指标变化 - 公司第一季度营业收益为3.46亿美元,每股收益为1.67美元 [1] - DTE Electric第一季度收益为1.94亿美元,同比增加9300万美元,主要由于减少了暴风雨成本和费率实施 [1] - DTE Gas第一季度收益为1.6亿美元,同比下降1100万美元,主要由于天气较暖以及费率基础成本上升 [1] - DTE Vantage第一季度收益为800万美元,同比下降1900万美元,主要由于一家可再生能源电厂发生故障以及RNG项目收益时间性 [1] - 能源交易业务第一季度收益为500万美元,同比有所改善,主要由于天然气实物组合表现较好以及电力实物组合利润率提高 [1] 各条业务线数据和关键指标变化 - DTE Electric计划在未来5年内将停电次数减少30%,停电时间减半 [3] - DTE Gas计划在2024年完成超过200英里的管线更新,以继续现代化天然气输送系统 [2] - DTE Vantage继续推进定制能源解决方案项目、RNG项目和碳捕集与封存项目,其中包括与福特汽车公司的定制能源解决方案项目 [2] 各个市场数据和关键指标变化 - 公司正在密切关注密歇根州数据中心市场的发展,认为这将有助于提高客户电费的可负担性 [12] - 公司正在与密歇根州政府合作,希望通过取消销售和使用税来吸引更多数据中心投资 [12] 公司战略和发展方向及行业竞争 - 公司未来5年计划投资250亿美元,其中95%用于公用事业部门,主要用于建设未来电网、提高可靠性和向清洁能源过渡 [3] - 公司计划在2026年停止贝尔河电厂的煤炭使用,并将其改造为1300兆瓦的天然气调峰电厂 [3] - 公司正在研究蒙罗电厂2个机组的替代技术,计划在2028年和2032年分阶段停止该电厂的煤炭使用 [3] - 公司获批在前特伦顿通道电厂建设220兆瓦的电池储能系统,这将是大湖区最大的独立电池储能项目 [2] 管理层对经营环境和未来前景的评论 - 公司对2024年的表现充满信心,有望实现7%的每股收益增长目标,并保持6%-8%的长期每股收益增长目标 [10] - 公司将继续保持强劲的现金流和资产负债表,支持未来的大规模资本投资计划 [9] - 公司认为数据中心等新增负荷将有助于提高客户电费的可负担性 [12] 问答环节重要的提问和回答 问题1 **Shar Pourreza 提问** 公司是否会根据新的能源立法调整未来几年的发电厂资本支出计划 [6] **Gerardo Norcia 和 David Ruud 回答** 公司已经在5年计划中反映了最新的综合资源规划和新的能源立法,未来可能会有额外的投资机会 [6] 问题2 **Nick Campanella 提问** DTE Vantage业务的税收抵免和现金回报强劲是否会推动公司超出6%-8%的长期每股收益增长目标 [7] **David Ruud 回答** DTE Vantage的税收抵免和现金回报确实为公司提供了更多灵活性和信心,可以支持6%-8%的长期每股收益增长目标 [7] 问题3 **Durgesh Chopra 提问** 公司在2024年财务指引中是否保留了一定的缓冲空间 [9] **David Ruud 回答** 公司在进入2024年时确实保留了一定的天气等方面的缓冲空间,并正在采取措施来重建这些缓冲 [9]