Advertisement

July 25, 2014

Highlights of Michigan Public Service Commission Annual Report

The Michigan Public Service Commission files an annual renewable energy report with the Governor and the State Legislature regarding the implementation of 2008 PA 295, the Michigan Clean, Renewable and Efficient Energy Act.  The report for 2012 indicated:

  • The 2008 renewable energy standard has resulted in $1.79 billion in investment in Michigan through 2012;
  • 964 MW of new renewable energy projects have been constructed;
  • The weighted average cost of renewable energy contracts shows a downward trend, with new renewable energy contracts at $82.54 per MWh average;
  • New coal-fired generation is estimated to cost $133 per MWh;
  • A total incremental cost of $74 Million was spent on renewable energy through 2011; and
  • All electric providers except Detroit Public Lighting are on pace to meet the 10 percent renewable by 2015 targets.  
© 2014 Varnum LLP

About the Author

Bruce Goodman, Varnum Law Firm, Environmental Attorney
Partner

Bruce Goodman practices environmental law, energy law and construction law. His environmental expertise includes air quality permitting work, compliance counseling on air emissions, state and federal enforcement defense issues, and environmental management program development. His energy expertise includes negotiating numerous electric power sales agreements, both for wholesale sellers of energy and for retail consumers of energy, state rate cases, developing municipal energy tariffs, and energy project permitting....

616-336-6743

Boost: AJAX core statistics

Legal Disclaimer

You are responsible for reading, understanding and agreeing to the National Law Review's (NLR’s) and the National Law Forum LLC's  Terms of Use and Privacy Policy before using the National Law Review website. The National Law Review is a free to use, no-log in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only. Any legal analysis, legislative updates or other content and links should not be construed as legal or professional advice or a substitute for such advice. No attorney-client or confidential relationship is formed by the transmission of information between you and the National Law Review website or any of the law firms, attorneys or other professionals or organizations who include content on the National Law Review website. If you require legal or professional advice, kindly contact an attorney or other suitable professional advisor.  

Some states have laws and ethical rules regarding solicitation and advertisement practices by attorneys and/or other professionals. The National Law Review is not a law firm nor is www.NatLawReview.com  intended to be  a referral service for attorneys and/or other professionals. The NLR does not wish, nor does it intend, to solicit the business of anyone or to refer anyone to an attorney or other professional.  NLR does not answer legal questions nor will we