Over the next year, nine critical coal-fired power plants across Michigan will shut down because of environmental standards, regulations and old age. Coal plant retirements will begin to accelerate in some of your communities over the next 15 years in order to comply with the U.S Environmental Protection Agency’s Clean Power Plan. According to Midcontinent Independent System Operator (MISO), Michigan’s Lower Peninsula is projected to face an electric capacity shortfall; and if left unaddressed, Michigan will have to import electricity from other states to meet demand. Growing capacity shortfalls may lead to unpredictable electric rate spikes for residents and businesses in our communities; and federal government control of Michigan’s energy future.
In order to address this matter, an affordable, fair and clean energy policy is needed, putting Michigan first. Meaning…Michigan companies and Michigan workers generate the power we need for our homes and businesses…keeping residents and jobs in our communities.
As economic developers, you know that it is crucial that reliable and affordable electricity is essential to keep Michigan’s economic comeback moving in the right direction. Michigan residents and businesses deserve nothing less!
We need a policy creating the next generation of clean energy jobs right here in Michigan.
The Senate is getting ready to vote on this issue next month and if you feel as passionate about this as I do, contact your Senator today!
Authored by: Monique Holliday-Bettie, Economic Development Manager, DTE Energy. Monique serves as a Member at Large of the MEDA Board of Directors, Co-Chair of the MEDA Membership Committee, and a member of the MEDA Young Professionals Committee.