The company is opening a competitive bidding process for new standalone energy storage projects in Michigan

DETROIT, May 13, 2024 - DTE Energy (NYSE:DTE) today announced the company is issuing a Request for Proposal (RFP) for new standalone energy storage projects totaling approximately 120 megawatts. These projects will support DTE Electric'sCleanVision Integrated Resource PlanandMichigan's new standardof 60% renewable energy by 2030, both of which contribute to DTE'soverarching carbon reduction goals.

The RFP requires the standalone energy storage projects to achieve commercial operation by March 31, 2027. Projects must belocated in Michigan and interconnected to the Midcontinent Independent System Operator or distribution-level transmission. Interested bidders should register their company information on the PowerAdvocate website and, once registered, can attend a virtual pre-RFP conference on May 23, 2024. Bids are due by August 2, 2024, and DTE expects to execute contracts by Q1 2025.

"Energy storage facilities are imperative to Michigan's clean energy transformation and a great complement to DTE's growing renewable energy generation fleet," said Chuck Conlen, vice president, Clean Energy and Acquisitions, DTE Energy. "DTE is proud to be a leader in the energy storage space as we continue developing a balanced energy fuel mix that delivers cleaner, reliable and affordable energy to our customers."

DTE currently owns and operates three energy storage facilities in Michigan, including the Ludington Pumped Storage Plant, a hydroelectric plant and long-duration storage facility on the shores of Lake Michigan co-owned with Consumers Energy; and two battery storage facilities located at solar energy sites. Additionally, DTE's Slocum Battery Energy Storage System, a 14-megawatt lithium-ion battery facility pilot in Trenton, Michigan, is expected to be operational in January 2025. The Michigan Public Service Commission also recently approved DTE's plans for a 220-megawatt energy storage project at the site of the former Trenton Channel Power Plant.

By 2042, DTE plans to have 2,950 megawatts of energy storage capacity in its portfolio, more than doubling the amount the company has today. To learn more about energy storage and DTE's plans for a cleaner energy future, visitdtecleanenergy.com.

About DTE Energy

DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers across Michigan. The DTE portfolio also includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. DTE has continued to accelerate its carbon reduction goals to meet aggressive targets and is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy, emission reductions and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, twitter.com/dte_energy and facebook.com/dteenergy.

For further information, members of the media may contact:

Lauren Owings, DTE Energy, 313.235.5555

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DTE Energy Company published this content on 13 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2024 13:26:03 UTC.