DTE accelerates coal plant retirement, invests $11 billion in clean energy

DTE Energy, a Detroit-based utility company, has announced a clean energy plan that includes accelerating the retirement of its coal-fired Monroe Power Plant from 2035 to 2032, resulting in an 85% reduction in carbon emissions nine years earlier than planned. The plan involves investments in Michigan-made solar and wind energy, the development of energy storage, and the early retirement of coal plants. DTE expects to drive $11 billion of investments in the clean energy sector over the next decade. The plan will also reduce future costs for customers by $2.5 billion.