JACKSON, Mich., April 20, 2022 /PRNewswire/ — Consumers Energy and key stakeholders across Michigan agreed to a settlement tied to the company’s clean energy plan, a sweeping proposal to stop using coal as a fuel source for power generation by 2025, making the company the one of the first in the country to go without coal.
The agreement, which requires regulatory approval, includes a broad coalition of customer groups, environmental organizations, Michigan Public Service Commission (MPSC) staff, energy industry representatives and of Michigan Attorney General and provides a 20-year plan to respond from michigan energy needs while protecting the environment for future generations.
“This is a historic commitment to lead the clean energy transformation and create a better future for our state,” said Garrick Rochow, President and CEO of Consumers Energy. “A diverse set of stakeholders have come together to endorse a clean energy plan that will provide reliable, affordable power to customers for decades to come while protecting the environment.”
Consumers Energy has updated its original 2018 Clean Energy Plan by including a commitment to accelerate the phase-out of coal through 2025, among other customer and environmental benefits, in its Clean Energy Plan 2021, filed with the MPSC last June. The settlement agreement supporting Consumers Energy’s plan comes after more than a year of listening to ideas and feedback from key stakeholders. The next step in the process is for the MPSC to review the Settlement Agreement.
The settlement includes:
- COAL POWER PLANT SHUTDOWNS BY 2025: closes the three units of the JH Campbell coal-fired power plant West Olive, Michigan in 2025 in addition to two units at the DE Karn coal plant in 2023 (in line with the 2018 Clean Energy Plan) and will be among the first utilities in the country to go coal-free by 2025.
- SOLAR RISE: continues the rapid transition to clean, renewable sources by adding nearly 8,000 megawatts (MW) of solar power by 2040, ensuring that 60% of our capacity comes from clean sources.
- BATTERY DEPLOYMENT: accelerates energy storage from 2030 to 2024 with a total of 75 MW of energy storage by 2027, reaching 550 MW by 2040.
- SYSTEM RELIABILITY: ensures reliability of supply through the purchase of the Covert power station in Van Buren Countya natural gas power plant.
- AFFORDABLE ENERGY: creates price stability and helps customers save an estimate $600 million through 2040 against the 2018 clean energy plan. Consumers Energy would also continue its successful energy waste reduction programs that have saved customers more than $4 billion since 2009. In addition, the company has pledged to continue funding utility bill assistance programs for low-income customers.
“Reaching consensus on this clean energy plan Michigan towards a cleaner, more reliable energy future while caring for our colleagues and affected communities,” said Rochow. “We are grateful for the thoughtful and positive contributions from all stakeholders throughout this process and look forward to the MPSC’s decision on our plan. .”
energy consumers, from michigan primary energy supplier, is the principal subsidiary of CMS Energy (NYSE: CMS), supplying natural gas and/or electricity to 6.8 million of the state’s 10 million people in the 68 counties of the lower peninsula.
For more information on consumer energy, go to www.ConsumersEnergy.com.
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