Investment plan

DTE Energy publishes $ 7 billion investment plan for electric vehicles and infrastructure modernization


Posted on 08 November 2021 by Chris Galford

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Southeast Michigan’s power landscape could be headed for a major shift, with DTE Energy announcing last week of a planned $ 7 billion investment over the next five years to rebuild old infrastructure, strengthen against bad weather and prepare electric vehicles.

These efforts to create a smarter, more reliable grid have been officially filed with the Michigan Public Service Commission (MPSC) and complement an existing DTE plan to modernize its grid over the next 10 to 15 years. Specifically, the $ 7 billion investment will manifest itself in increased automation, self-healing circuits, pole maintenance, tree pruning, and projects that modernize the oldest network infrastructure.

“This visionary plan recognizes that our customers’ homes and businesses are interacting with the electrical grid in ways we could not imagine just 20 years ago, and the future of mobility is being revolutionized again in the Michigan through electrification, which means the grid we share must be fit for the 21st century, ”said Jerry Norcia, President and CEO of DTE Energy. “Much of our network was designed and built over a century ago, providing customers with the energy they need for much simpler daily life. “

DTE believed that these investments should minimize even higher costs of outages while building an overall cleaner, more affordable and reliable network. Additional substations will be built to support these efforts and others upgraded. New technologies will be integrated to further facilitate the adoption of private solar generation and storage capacities.

While the MPSC reviews this request, DTE has announced that it will also study the costs and benefits of wireless alternatives for its infrastructure in upcoming pilot projects. This includes items such as energy storage and would complement the planned burial of overhead power lines in residential areas across the state.