Consumers Energy plans to add 19 GW of solar, wind and battery storage by 2040
CMS•Expected local economic impact
The investment is expected to add thousands of construction jobs and hundreds of permanent roles, while boosting local tax bases by billions of dollars.
More than 19 GW of clean resources planned by 2040
The buildout calls for more than 19 GW of solar, wind and battery storage by 2040 to meet demand and Michigan clean energy targets.
New natural gas plants and power contracts to support reliability
Two fast-start natural gas plants totaling 1.4 GW are planned for Bay County and Genesee County to support reliability during peak demand.
The company also added a long-term power purchase agreement with Midland Cogeneration Venture, alongside a third-party clean resource contract.
20-year energy supply plan targets lower cost growth
Consumers Energy unveiled a 20-year energy supply plan that targets cost growth below 3% while expanding generation and storage.
Related News
Nuveen Quality Municipal Income Fund portfolio manager Kristen Dejong files initial beneficial ownership statement
NAD•
Tradeweb: Global 10-year government bond yields rise again in August sell-off
TW•
