DTE Energy Company (DTE) has revealed that it is set to construct a 220-megawatt (MW) battery energy storage complex at the site of its former coal power plant in Trenton Channel, MI. This should expand DTE's footprint in the rapidly expanding energy storage market. Benefits of the Project Almost 40,000 houses will be powered by 880 megawatt-hours of electricity that the new Trenton Channel Energy Center is expected to store. This, in turn, will put DTE a step ahead of achieving its target of more than doub ...

Detroit, June 10, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE), Michigan's largest producer of renewable energy, will also become a leader in battery storage as it converts a portion of its retired Trenton Channel coal power plant site to house a 220-megawatt battery energy storage center. When complete in 2026, the energy storage center is expected to be the largest standalone battery energy storage project in the Great Lakes region. "Today, roughly one-third of all electricity generated by DTE comes fro ...

Detroit, June 10, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE), Michigan's largest producer of renewable energy, will also become a leader in battery storage as it converts a portion of its retired Trenton Channel coal power plant site to house a 220-megawatt battery energy storage center. When complete in 2026, the energy storage center is expected to be the largest standalone battery energy storage project in the Great Lakes region. The new Trenton Channel Energy Center will support DTE's transformation ...

For more information about the Energy Efficiency Academy, visit empoweringmichigan.com/EEAcademy. To learn more about DTE's energy-saving programs, visit dteeenrgy.com/saveenergy. About DTE Energy Detroit, May 20, 2024 (GLOBE NEWSWIRE) -- For Demetria Tucker, transitioning into the clean energy career field was a leap of faith. She hoped to secure a better-paying job to support herself and her family, with future growth opportunities and advanced training, so she joined DTE's Energy Efficiency Academy. In J ...

Detroit, May 20, 2024 (GLOBE NEWSWIRE) -- For Demetria Tucker, transitioning into the clean energy career field was a leap of faith. She hoped to secure a better-paying job to support herself and her family, with future growth opportunities and advanced training, so she joined DTE's Energy Efficiency Academy. In June of last year, Demetria graduated from the Academy and moved into a career earning wages that double the state's average. DTE was ranked a Top 5 Utility by the American Counsel for an Energy-Eff ...

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. DTE currently has a forward P/E ratio of 17.44, while SO has a forward P/E of 19.87. We also note that DTE has a PEG ratio of 2.91. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio ...

1xpert/iStock via Getty Images DTE Energy (NYSE:DTE) is the largest utility in the State of Michigan, incorporated in 1995. Its four wholly-owned subsidiaries are DTE Electric (founded in 1903 as the Detroit Edison Company), DTE Gas (founded in 1849 as City of Detroit Gas), DTE Vantage, and DTE Energy Trading (started in 1998). Vantage operates renewable natural gas projects and provides energy consulting services. DTE Electric has 2.3 million customers in southeast Michigan, which includes the City of ...

Exhibit 99.1 DTE Energy reports first quarter earnings and accomplishments • Continued significant investments to improve reliability and transition to cleaner generation; on track to invest more than $4 billion into our utilities in 2024 • Earned the ENERGY STAR Partner of the Year award for sustained excellence in energy efficiency • Celebrated 175 years of service at DTE Gas • Grew MIGreenPower voluntary renewables program by enrolling Taubman Realty Group and other customers • Recognized as a Gallup Exc ...

Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and WEC Energy Group (WEC) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and ou ...

Call Start: 08:30 January 1, 0000 9:24 AM ET DTE Energy Company (NYSE:DTE) Q1 2024 Earnings Conference Call April 25, 2024 08:30 ET Company Participants Barbara Tuckfield - Director of Investor Relations Gerardo Norcia - Chairman & Chief Executive Officer Joi Harris - President & Chief Executive Officer David Ruud - Executive Vice President & Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays Jeremy Tonet - JPMorgan David Arcaro - Morgan Stanl ...