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DTE Energy
State, Federal Initiatives Top Priority for DTE Energy
June 1st, 2008
DTE Energy officials told the company's shareholders today that energy policy initiatives, including Michigan's energy reform legislation, will shape the state's and the nation's energy and environmental agenda for decades to come. A growing demand for electricity, combined with an aging energy infrastructure, will lead to a need for new baseload power plant construction at a cost of more than $400 billion nationally, said Anthony F. Earley Jr., DTE Energy chairman and CEO. In Michigan, at least one new baseload plant will be needed by 2015 and up to nine new plants by 2025, according to the Michigan 21st Century Energy Plan. Nationally, Earley cited...
Source: Pharma Investments, Ventures & Law Weekly (2008-06-01)
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