US ROUND-UP: DTE Energy proposes 420MW solar in Michigan, Duke publishes latest IRP

United States (Natural Energy News): A round-up of the latest news from the US, where DTE Energy is planning a major solar expansion, Duke publishes the latest IRP and a majority stake in 563MW in EDP Renov├íveis renewable projects.





DTE Energy plans 420MW new solar in Michigan


The Detroit-based energy company has updated its MIGreenPower Voluntary Renewal Plan with the Michigan Public Service Commission (MPSC). The program is available to all DTE Electric customers who wish to use a greater percentage of their energy for solar and wind operations.


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To date, 16,000 Michigan residential and commercial customers, including General Motors and Ford Motor Company, have enrolled at MIGreenPower. DTE Energy said that if MPSC approved the latest proposal, the company would "significantly increase" its generation capacity from renewable energy.


Trevor Lauer, president of the electric company at DTE Energy, said, "DTE is considering its commitment to reduce carbon emissions and meet customer demand for more renewable energy." "We appreciate the broad-based customer interest in our MIGreenPower voluntary renewable energy programs, which are on track to be one of the largest voluntary renewable energy programs in the country."


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With a current portfolio of 31 solar farms and 15 wind parks, DTE plans to invest US $ 2 billion in wind and solar assets by 2024.


 


Duke to 'aggressively forward' solar investment in latest IRP


1 September 2020: Duke Energy Progress says it will "aggressively pursue" additional solar in the Carolinas, two to four times the current capacity over the next 15 years.


Filing its 2020 Integrated Resource Plan, American Utilities presented six possible avenues that would allow it to meet its near-term carbon reduction target of at least 50% by 2030 and net-zero in the Carolinas by 2050 Allows to meet long term goals.


However, while the company explores a range of early coal retirements, along with solar and solar-plus-storage options, five of those routes include additional natural gas production and a sixth new small modular nuclear reactors. Duke said in a press release that the plans "demonstrate the valuable role nuclear and natural gas can play as part of a balanced portfolio".


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The company said it engaged stakeholders such as business customers and environmental groups over six months to inform the planning process.


Duke, which plans to reduce its CO2 emissions to 70% of 2005 levels by 2030, revealed in April to double its renewal capacity to 16GW over the next five years. The utility reduced its carbon emissions by 8% last year, adding a total reduction of 39% compared to 2005.


EDP   563MW sells stake in US renewable projects


2 September 2020: EDP Renováveis in a deal to sell a majority stake in five US renewable energy assets to Connor, Clarke & Lunn Infrastructure (CC & L Infrastructure) for the US $ 700 million.


The Portuguese renewable energy company is divesting four wind parks with an 80% stake in a solar facility and a total capacity of 563MW. It will maintain minority equity interest and continue to operate and manage the portfolio.


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The deal includes a 200MW Riverstart solar facility in Indiana, expected to be operational by the end of 2021.


EDP   said that with this transaction the company reached 55% of the US $ 4 billion asset division target announced in its 2014-2022 strategic update, along with earnings that allowed the firm to rebuild capital in new projects Is allowed.


For Canada-based CC&L Infrastructure, the deal brings its renewable portfolio to about 1.4GW capacity, with a capacity of over 1GW to operate.


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