Provisions include: Converting the Belle River coal generation facility to natural gas by 2026. Retiring two coal-units at the Monroe generating facility by 2028, with the remaining two units retired by 2032. Developing 6,500 megawatts (MW) of solar power and 8,900 MW of wind power by 2042. Accelerating the development of energy storge, with a target of 780 MW through 2030 and 1,830 through 2042. We think MPSC?s approval is constructive because it indicates a possible path for DTE to transition away from coal-fired generation in a manner that supports credit quality. Key reasons include pre-approval of $125 million of capital to convert the Belle River coal generation facility to gas, and favorable regulatory treatment for the remaining net-book value
