DTE Energy Makes $100M Investment in Michigan

Dow Jones11-18
 

By Chris Wack

 

DTE Energy said it will build three new electric substations in Michigan as part of its ongoing commitment to reducing power outage frequency by 30% while cutting outage time in half by 2029.

The new substations will be in Northville Township, Pontiac and Shelby Township, and represent a total investment of more than $100 million.

Substations adjust voltage levels coming from power plants to distribute electricity safely and efficiently to homes and businesses.

The substation construction is part of DTE's broader grid investment strategy that includes transitioning to a smart grid, upgrading existing infrastructure, rebuilding significant portions of the grid and trimming trees. Each new substation will be equipped with smart grid technology that will reduce the number and duration of outages.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

November 18, 2024 10:26 ET (15:26 GMT)

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