Utility Dive•about 1 month ago
Consumers Energy to invest more than $13B in renewables, distribution by 2029
Key Takeaway
Consumers Energy's $13 billion investment in renewables and grid upgrades, alongside regulatory action to extend a coal plant's life, signals a complex energy transition with significant cost and reliability implications for regional power markets and large consumers.
AI Summary
- •Consumers Energy plans a $13 billion investment in renewables and distribution infrastructure by 2029.
- •The U.S. Energy Department is expected to renew an emergency order to keep a coal plant online, with associated costs spread across the region.
- •This indicates ongoing grid reliability concerns and potential cost impacts for large power consumers and developers in the affected region.
Topics
capacity-marketemissionsfinancingpolicysolarstoragetransmissionwind