"Consumers Energy to Offload 13 Hydroelectric Dams in Sale Bid"

Consumers Energy, a subsidiary of CMS Energy Corp., plans to sell all 13 of its hydroelectric dams in Michigan. The company wants to exit the hydroelectric business due to the higher cost of producing hydroelectric energy compared to other sources. The dams, located in five rivers in the state, have licenses expiring in 2034. Consumers Energy has issued a request for proposals to identify potential buyers, considering community feedback that favors maintaining the dams for economic and recreational purposes. The utility is open to selling all 13 dams to one buyer or exploring alternative options.