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Michigan Renewable Energy Companies – A state report released Wednesday said all Michigan energy providers met or exceeded the requirement to source 10% of their energy from renewable sources in 2015.
The Michigan Civil Service Commission wrote the report based on a law dating back to 2008, which also calls for a 12.5% standard by 2019 and a 15% standard by 2021.
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Most of the energy came from supplier investments, and a small part from bank-sourced energy loans purchased from consumers with energy surpluses.
Corporate Demand For Renewable Energy To Drive New Projects In Michigan
Judy Palnau is the commission’s media director. He says that while many people understand the environmental benefits of cleaner energy, many are unaware of the low costs.
“The costs have surprised even the most ardent supporters of renewable energy. Even they were shocked by how much costs have dropped since 2009,” he said, “cheaper than the cost of producing enough new fossil fuels.”
He says the low costs enable most energy companies to reach the standard step-by-step, and he fully expects the next targets to be met.
Other supporters of the report highlight how more renewable energy will benefit the consumer. John Freeman is the executive director of the Great Lakes Renewable Energy Association (GLREA), a large nonprofit dedicated to clean energy advocacy in the state. He says more renewable energy will bring competition to the market and put more control in the hands of consumers.
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“We need more competition in the market. Public services should not make all decisions about energy production,” he said. “People now have the capacity to generate their own energy. A farmer can invest in a solar power system, save money in the long run, and is now responsible for one of the most costly aspects of a farm business or business.
Nearly $3.3 billion has been invested in renewable energy by 2016, which Freeman says will stay in the state if it continues to work for better energy practices.
“This is a great trend because we create jobs, stimulate the economy and help clean the air.”
Mateus DeFaria is a senior in political science at the University of Michigan. Born and raised just outside of Los Angeles, she came to school in the Midwest to broaden her horizons and tackle new challenges away from home (including once learning how to wash clothes). Ford and DTE Energy are taking a big step forward in the fight against climate change. Automaker and Detroit-based energy company DTE Energy today announced a new clean energy deal, the largest of its kind.
Ford Motor Co. Executive Chairman Bill Ford Jr. Addresses The Media During A News Conference Announcing The Redevelopment Of The Idled Wixom Assembly Plant Into A Renewable Energy Manufacturing Facility In Wixom,
As part of its plans to achieve carbon neutrality, Ford announced today that it will be able to source all of its electricity in Michigan from clean energy sources.
DTE Energy will add 650 megawatts of solar capacity to Ford by 2025. The acquisition is the largest in US history through DTE’s MIGreenPower program.
By 2025, all Ford vehicles assembled in Michigan, including the Ford F-150 Lightning assembled at the Rouge Electric Vehicle Center, will be assembled with 100% carbon-free electricity.
Additionally, solar panels will increase the amount of solar power in Michigan by about 70% once installed, according to data from the Solar Energy Industries Association. Ford CEO Jim Farley says:
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This unprecedented deal is about a greener and brighter future for Ford and Michigan. Today is an example of what this will lead to… turning talk into action.
Meanwhile, DTE suggests the project will create 250 temporary and ten permanent jobs while benefiting the local economy. DTE is the largest renewable energy provider in Michigan and plans to expand its clean energy initiatives through the MIGreenPower program.
For those unable to attend Ford’s Michigan Assembly Plant in Wayne, Michigan in person, the event will be streamed live at forddteenergyannouncement.com and will also be available on Switch – NY Pool Feed 1.
Ford was one of the first former automakers to join the Paris Agreement to limit the effects of climate change. Michigan Governor Gretchen Whitmer applauded the effort, saying:
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I would like to congratulate DTE Energy and Ford Motor Company for taking this important step to increase the state’s solar production and put Michigan at the forefront of climate action.
Efforts like these are why Michigan had the best job growth for energy sector jobs in the nation last year; this will help advance government decarbonisation goals, create well-paid jobs and strengthen our economy.
Ford has so far been successful in transitioning to electric vehicles. The Ford F-150 Lightning had its best month since its July launch, selling 2,173 units, and the company has reopened orders for the EV truck on demand. Ford’s Mustang Mach-e sales are up 74.1%, with E-transit holding 95% market share.
Ford is making rapid progress in its clean energy goals. The automaker, like many companies, plans to be carbon neutral by 2050. With this in mind, Ford plans to invest over $50 billion by 2026 to scale EV production and transform the business.
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But unlike most companies, Ford does exactly what it says. Electric car sales are increasing and the company is adding significant renewable energy capacity.
Overall, I appreciate Ford’s efforts here and look forward to what the company can achieve in the future. I suspect the deal with DTE Energy is the first of a far-reaching change at Ford.
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Peter Johnson discusses the automotive industry’s step-by-step transformation into electric vehicles. An experienced investor, finance writer and electric car enthusiast. His passion for electric vehicles, especially Tesla, is an important reason for his career in investment. If he isn’t telling you about his latest 10K discoveries, you can find him out having fun or exercising.
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Tesla is the best-selling car in the German auto market A turbine prototype sets 24-hour wind power record 2023 Kia Niro EV first drive Tesla soon leaked Supercharger locations Shemika Winston is working on the Ford F-150 Lightning at Rouge Electric Center. Image courtesy of Ford.
Ford has made the nation’s largest purchase of renewable energy from a company, putting it 10 years ahead of schedule in its carbon neutral target.
In partnership with automaker Detroit, DTE will add 650 megawatts of new solar capacity to the state by 2025.
According to the Solar Energy Industries Association, once installed, the acquisition will increase the total amount of solar installed in Michigan by approximately 70%. Based on the Bloomberg NEF New Energy Outlook, this marks the largest purchase of renewable energy by a utility in US history.
Efforts Would Drastically Overhaul State Energy Policy
“Just because I’ve heard that nothing has been done in the history of the country means it hasn’t been done in Michigan yet,” said Lt. government Garlin Gilchrist II.
Ford has set a global carbon neutrality target for 2050. One of the sub-goals in this plan was to have all Ford manufacturing facilities run on 100% locally sourced renewable energy by 2035.
The DTE partnership gives the automaker a 10-year advantage over the target. By 2025, every Ford vehicle manufactured in Michigan will be installed with 100% carbon-free electric equivalent.
“A goal really isn’t anything if it’s not a plan. It’s just a desire. It’s an example of what it looks like to really step up and do something about it today and take action,” said Jim Farley, president and CEO of the company. ford
Ford To Use Renewable Energy Sources To Manufacture Vehicles
Ford purchases carbon-free electricity through DTE’s MIGreenPower program, which is among the largest voluntary renewable energy programs in the country. DTE electricity customers receive a daily fuel mix for power generation with 15% renewable energy.
To date, more than 600 companies are enrolled in the program, along with more than 62,000 private customers. According to DTE, MIGreenPower customers have registered 2.8 million megawatt-hours of clean energy annually into the program.
The MIGreenPower program has an environmental benefit equivalent to preventing 2.2 million tons of carbon dioxide emissions, according to Environmental Protection Agency calculations.
Dan Scripps, chairman of the Michigan Public Service Commission, said Michigan will “be a leader in the clean energy economy and show the world how it’s done.” Scripps sees this as a precedent for partnerships between utilities, corporations and government.
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