Michigan Association of Mayors August 1, Michael Sage, regional manager, DTE Stephanie Beres, regional manager, DTE

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1 Michigan Association of Mayors August 1, 2019 Michael Sage, regional manager, DTE Stephanie Beres, regional manager, DTE

2 Agenda 1. Introduction 2. Integrated Resource Plan (IRP) 3. Renewable Energy 4. Blue Water Energy Center 5. EV Program

3 DTE Energy aspires to be the best-operated energy company in North America DTE Energy Fortune 300 company headquartered in Detroit, MI Market cap ~$20 billion Approximately 10,000 employees Industry leader in controlling operational costs 1 Two regulated utilities serving Michigan DTE Electric: founded in 1886 and currently serving 2.2 million electric customers DTE Gas: founded in 1849 and currently serving 1.3 million gas customers Non-utility businesses with operations in 20 states: Gas Storage & Pipeline (Midstream) Power & Industrial Energy Trading 3

4 and a force for growth and prosperity in the communities where we live and serve Environmental Leadership Reduce carbon and methane emissions by 80% Achieve 50% clean energy by 2030, through renewables, energy waste reduction, and demand response Powering a Brighter Tomorrow Advance job and business creation by spending over $2 billion with Michigan suppliers annually Scale regional impact in economic development, youth employment, and workforce development Transforming Places Catalyze economic development throughout Michigan communities by executing neighborhood and property redevelopment projects and undertaking placemaking initiatives Impacting Michigan s Future Deliver impact and drive economic progress across Michigan s communities through: Community grants Large grant support to nonprofits Improving Lives and Creating Opportunity Reach 50% employee volunteerism by 2020 Increase employment opportunities at DTE for youth from disadvantaged backgrounds and adults with barriers to employment To learn more, visit DTEImpact.com 4

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6 Agenda Introduction DTE Energy is a Michigan-based energy company with roots extending 170 years. We are committed to being the best operated energy company in North America and a force for growth in the communities where we live and serve. 2. Integrated Resource Plan (IRP) 3. Renewable Energy 4. Blue Water Energy Center 5. EV Program

7 DTE s Integrated Resource Plan details our strategy that provides reliable, affordable energy and meets our carbon reduction goals 7

8 In the next 5 years, DTE will retire 3 coal-fired power plants, double its renewable capacity, and add a critical 24/7 power source 8

9 In the next 5 years, DTE will retire 3 coal-fired power plants, double its renewable capacity, and add a critical 24/7 power source 9

10 DTE s proposed course of action continues down the path to a cleaner resource mix, with built-in flexibility to adapt in the future 10

11 Agenda Introduction DTE Energy is a Michigan-based energy company with roots extending 170 years. We are committed to being the best operated energy company in North America and a force for growth in the communities where we live and serve. 2. Integrated Resource Plan (IRP) 3. Renewable Energy 4. Blue Water Energy Center 5. EV Program

12 DTE s Newest Solar Projects Lapeer Solar Park O Shea Solar Park Largest solar array in Michigan 200,000 solar panels 48 MW on 250 acres Produces enough clean energy to power 11,000 homes One of the largest urban arrays in the Midwest 7,400 solar panels 2 MW on 10 acres Produces enough clean energy to power 450 homes 12

13 DTE s Newest Wind Projects Pine River Wind Park Commissioned March 2019 Located in Isabella & Gratiot Counties 65 wind turbines, 161 MW Is DTE s largest wind park to date Polaris Wind Park Contract approved April 2018 Commissioning expected March 2020 Located in mid-michigan 168 MW and 68 turbines will surpass Pine River as DTE s largest wind park when completed. 13

14 Agenda Introduction DTE Energy is a Michigan-based energy company with roots extending 170 years. We are committed to being the best operated energy company in North America and a force for growth in the communities where we live and serve. 2. Integrated Resource Plan (IRP) 3. Renewable Energy 4. Blue Water Energy Center 5. EV Program

15 DTE received approval from the MPSC to build a new combine cycle gas plant Provides 1,100 MW of critical, ondemand 24/7 power Approximately $1 billion investment in Michigan Creates 500 construction jobs and 35 permanent jobs at the plant upon completion Expected to be operational in 2022 in East China Township Will be the most efficient power plant in Michigan Represents a 70% decrease in CO 2 emissions when compared with neighboring St. Clair coalfired plant Blue Water Energy Center 15

16 Agenda Introduction DTE Energy is a Michigan-based energy company with roots extending 170 years. We are committed to being the best operated energy company in North America and a force for growth in the communities where we live and serve. 2. Integrated Resource Plan (IRP) 3. Renewable Energy 4. Blue Water Energy Center 5. EV Program

17 DTE s Charging Forward offers a make-ready model and provides incentives for you to deploy Electric Vehicle (EV) charging stations. Service Connection Supply Infrastructure Charging Stations DTE Funded DTE fully funds the EV Service Connection all the work up to and including the meter. Rebates Offered DTE offers rebates that fully or partially fund the EV Supply Infrastructure. Level 2 stations receive $2,500 per port DC Fast Chargers receive $20,000 per charger Customer Funded Charging stations are funded by you, the customer. For more information, qualified charger models, and to apply visit