June 3, 2014
DTE Energy subsidiary DTE Electric (DTE) issued a Request for Proposal ("RFP") to solicit bids for the company to acquire an operational natural gas simple and/or combined cycle generating plant.
DTE would purchase, own and operate the facility, which must have Unforced Capacity, as defined by MISO, of at least 50 megawatts. DTE is pursuing this RFP process as an approach to meeting its future MISO resource adequacy requirements. MISO is a regional electric transmission organization that provides grid management and access to transmission facilities.
Notices of Intent to Bid are due by June 9, 2014 and bids are due at 5 p.m. EDT July 11, 2014. More information about the RFP can be obtained at www.dte-rfp.com. Charles River Associates is hosting this site and monitoring the RFP process on behalf of DTE.
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 utility serving 2.1 million customers in Southeastern Michigan and a natural gas utility serving 1.2 million customers in Michigan. The DTE Energy portfolio also includes non-utility energy businesses focused on power and industrial projects, midstream services and energy trading. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com/dteenergy.
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