BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Coal

DTE Electric plans to keep Belle River, Monroe coal plants running: official

Steel

An atypical year for Brazilian steel: Price hikes, slow recovery and presidential elections

Coal

Platts Global Coal Alert

Commodities | Electric Power | Electric Power Risk | Renewables | Natural Gas | LNG | Natural Gas (North American) | Refined Products | Fuel Oil | International Public Finance

Caribbean Energy Conference

Coal

Mission's US Pinnacle low-vol coal mine stops production

DTE Electric plans to keep Belle River, Monroe coal plants running: official

Highlights

Make better informed business decisions

Keep up with daily price fluctuations and market moves

Find out what trades are occurring and the price and quantity

Hedge better with NYMEX prices and financial settlements

Learn more what affects the market, and find details about mergers, acquisitions, and new players

and more.

Louisville, Kentucky — Even though it is retiring three of its coal plants by 2023, DTE Electric intends to keep running its 1,395-MW Belle River and 3,000-MW Monroe coal plants until around 2030 and 2040, respectively, Trevor Lauer, DTE president and chief operating officer, said Friday in an interview.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Lauer's comments came after Michigan's largest utility received final approval from the state's Public Service Commission to build a 1,100-MW, $951.8 million natural gas-fired plant at the utility's Belle River plant in St. Clair County.

Environmentalists opposed the gas-fired plant, urging DTE to replace the coal units with more renewable resources.

DTE plans to retire about 2,100 MW of older coal capacity by 2023, using the new gas-fired plant as a partial replacement once it goes into commercial operation in second-quarter 2022.



Lauer said River Rouge Unit 3 will be retired in 2020, to be followed by Trenton Channel Unit 9 and St. Clair Units 1-3 and 6-7 in 2023.

The utility plans to continue operating Belle River and Monroe, one of the largest coal plants in the Midwest, for many more years, he said, adding "they are low-cost, highly efficient plants."

DTE has invested more than $2 billion in pollution controls at Monroe, located on Lake Erie's western shore.

In the PSC order, chairwoman Sally Talberg said the new gas plant "has the best combination of operational, reliability and economic attributes to fill this need for power and will help position Michigan for a successful transition to a cleaner energy future."

The PSC ordered DTE to provide it with an analysis of how customer electric rates are expected to change over the next 10 years based on coal plant retirements and the addition of the combined-cycle gas facility.

--Bob Matyi, newsdesk@spglobal.com

--Edited by Valarie Jackson, valarie.jackson@spglobal.com