DTE Energy

DTE Energy Appoints David Ruud as Chief Financial Officer

Retrieved on: 
Tuesday, March 24, 2020
DTE Energy, DTE, Economy of the United States, Energy in the United States, Energy

Detroit, March 24, 2020 (GLOBE NEWSWIRE) -- DETROIT, March 24, 2020 DTE Energy (NYSE: DTE) today announced the appointment of David Ruud as Senior Vice President and Chief Financial Officer, effective May 4.

Key Points: 
  • Detroit, March 24, 2020 (GLOBE NEWSWIRE) -- DETROIT, March 24, 2020 DTE Energy (NYSE: DTE) today announced the appointment of David Ruud as Senior Vice President and Chief Financial Officer, effective May 4.
  • Ruud, who currently serves as Senior Vice President, Corporate Strategy & Development at DTE, will succeed Peter Oleksiak, who will be retiring from his role as Chief Financial Officer.
  • Oleksiak will remain with DTE through the end of the year as a special advisor to DTE President and Chief Executive Officer Jerry Norcia, and will work closely with Ruud to ensure a seamless transition.
  • DTE Energy (NYSE: DTE) is aDetroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.

DTE Energy places health and safety of employees, customers and communities first and suspends non-critical and maintenance work

Retrieved on: 
Monday, March 23, 2020
DTE Energy, DTE, Occupational safety and health, OMERS, ONTARIO, Human activities, Articles

"Today's decision to voluntarily suspend non-critical infrastructure and maintenance work will go a long way to support the health and safety of employees.

Key Points: 
  • "Today's decision to voluntarily suspend non-critical infrastructure and maintenance work will go a long way to support the health and safety of employees.
  • DTE is doing its part to mitigate further spread of COVID-19, which will help to protect our customers, communities and highly dedicated health care professionals.
  • DTE is taking additional health and safety precautions to protect those who continue to serve on the frontlines during this outbreak.
  • DTE Energy (NYSE: DTE) is aDetroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.

DTE Energy commits to customers: We’re prepared and will continue to provide safe and reliable service

Retrieved on: 
Thursday, March 12, 2020
Data terminal equipment, Energy in the United States, DTE, DTE Energy, Economy of the United States, Energy

Gretchen Whitmers emergency declaration and to safeguard the health and safety of DTE Energy employees, customers and communities, DTE Energy has activated company-wide plans to address the implications of a coronavirus outbreak in Michigan while ensuring reliable energy service.

Key Points: 
  • Gretchen Whitmers emergency declaration and to safeguard the health and safety of DTE Energy employees, customers and communities, DTE Energy has activated company-wide plans to address the implications of a coronavirus outbreak in Michigan while ensuring reliable energy service.
  • DTEs business continuity and pandemic plans are designed to protect people and ensure energy operations and infrastructure are supported properly.
  • DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.
  • The DTE portfolio includes energy businesses focused on power and industrial projects; renewable natural gas; natural gas pipelines, gathering and storage; and energy marketing and trading.

Seven Michigan Colleges to Face Off in Energy Efficiency Challenge

Retrieved on: 
Thursday, March 5, 2020
DTE Energy, DTE, Energy engineering, Data terminal equipment, Economy of the United States, Energy in the United States, Energy

Each team will be paired up with a DTE Energy Certified Energy Manager to provide mentoring and guidance as teams finalize their plans.

Key Points: 
  • Each team will be paired up with a DTE Energy Certified Energy Manager to provide mentoring and guidance as teams finalize their plans.
  • "DTE Energy and ESD partnered in this program to recognize and support continuous energy improvement and sustainability at Michigan colleges and universities, as well as support the creative minds of Michigan students in developing effective, successful energy management programs," said Patrick Ryan, Principal Supervisor at DTE Energy.
  • "The competition seeks innovative plans that utilize recognized energy management principles to reduce energy waste at colleges and universities in DTE's service territory."
  • DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.

EIA Expects Share of U.S. Total Utility-Scale Electricity Generation from Natural Gas Fired Power Plants to Rise to 37% in 2020

Retrieved on: 
Friday, February 28, 2020
Tenaska, DTE Energy, Energy in the United States, Economy of the United States, Energy

PITTSBURGH, Feb. 28, 2020 /PRNewswire-PRWeb/ --The Reuters Events 2020 Report: Successfully Engineering and Constructing a Gas Plant, pinpoints the key traits for a successful power project including data and technology and equipment organization.

Key Points: 
  • PITTSBURGH, Feb. 28, 2020 /PRNewswire-PRWeb/ --The Reuters Events 2020 Report: Successfully Engineering and Constructing a Gas Plant, pinpoints the key traits for a successful power project including data and technology and equipment organization.
  • It provides a critical analysis of major projects including DTE Energy's Blue Water Energy Center and Tennessee Valley Authority's Bellefonte Nuclear Generating Station and demonstrates how to overcome power project economic challenges.
  • In addition, there are communication strategies for a strong project value chain used by Tenaska VP of Engineering and Construction, Vasu Pinapati.
  • The 2020 Report, Successfully Engineering and Constructing a Gas Plant is being launched in the run-up to the Gas Power Plant Development 2020 Conference and Exhibition, which takes place on June 29 and 30, 2020, at the David L. Lawrence Convention Center, Pittsburgh.

DTE Energy’s critical infrastructure work means improved power reliability for hundreds of thousands of customers

Retrieved on: 
Monday, February 24, 2020
Michigan, Metro Detroit, DTE, Economy of the United States, Detroit, Data terminal equipment, DTE Energy

In 2019, DTE trimmed more than 4,000 miles of trees, the distance from Detroit to Las Vegas and back.

Key Points: 
  • In 2019, DTE trimmed more than 4,000 miles of trees, the distance from Detroit to Las Vegas and back.
  • Important infrastructure work also completed in 2019 includes:
    Upgraded nearly 130 miles of our oldest circuits to the latest construction standards, improving reliability for customers.
  • Made significant improvements on 230 circuits with some of the lowest reliability levels, improving system performance for approximately 150,000 customers.
  • DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.

DTE Energy Services, a non-utility business of DTE Energy, completes purchase of Marina Thermal Facility in Atlantic City

Retrieved on: 
Wednesday, February 19, 2020
DTE Energy, DTE, Data terminal equipment, Energy in the United States, Economy of the United States, Energy

Detroit, Feb. 19, 2020 (GLOBE NEWSWIRE) -- DETROIT, Feb. 19, 2020 DTE Energy Services, a non-utility business of DTE Energy (NYSE: DTE), today announced it completed the $100 million purchase of the Marina Thermal Facility from SJI, an energy services holding company based in Folsom, New Jersey.

Key Points: 
  • Detroit, Feb. 19, 2020 (GLOBE NEWSWIRE) -- DETROIT, Feb. 19, 2020 DTE Energy Services, a non-utility business of DTE Energy (NYSE: DTE), today announced it completed the $100 million purchase of the Marina Thermal Facility from SJI, an energy services holding company based in Folsom, New Jersey.
  • Located in Atlantic City, the Marina Thermal Facility is an eight-megawatt combined heat and power generation facility that provides electricity and hot and chilled water to MGMs Borgata Hotel Casino & Spa and The Water Club.
  • DTE Energy Services is part of DTEs non-utility Power and Industrial business unit.
  • DTE Energy (NYSE: DTE) is aDetroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.

DTE Energy issues dividend

Retrieved on: 
Thursday, January 30, 2020
DTE Energy, DTE, Corporate finance, Dividends, Economy of the United States, Energy in the United States, Corporate taxation

Detroit, Jan. 30, 2020 (GLOBE NEWSWIRE) -- DETROIT, Jan. 30, 2020 (NYSE: DTE) The DTE Energy Board of Directors declared a$1.0125per share dividend on its common stock payableApril 15, 2020 to shareholders of record at the close of businessMarch 16, 2020.

Key Points: 
  • Detroit, Jan. 30, 2020 (GLOBE NEWSWIRE) -- DETROIT, Jan. 30, 2020 (NYSE: DTE) The DTE Energy Board of Directors declared a$1.0125per share dividend on its common stock payableApril 15, 2020 to shareholders of record at the close of businessMarch 16, 2020.
  • This continues DTE Energy's consistent dividend history, having issued a cash dividend for more than 100 years.
  • "We know our shareholders place a high value on our dividend and the role it plays in delivering consistent above-average returns, said Jerry Norcia, DTE Energy president and CEO.
  • DTE Energy (NYSE: DTE) is aDetroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.

DTE Energy customers see natural gas prices fall for fourth consecutive month

Retrieved on: 
Thursday, January 30, 2020
Energy, DTE Energy, Natural gas, Renewable natural gas, Alternative energy, Southern Company, Southern Company Gas, Solar power in Michigan

DETROIT, Jan. 30, 2020 (GLOBE NEWSWIRE) -- DTE Energys natural gas customers are seeing milder heating bills this season as the cost of natural gas continues to fall.

Key Points: 
  • DETROIT, Jan. 30, 2020 (GLOBE NEWSWIRE) -- DTE Energys natural gas customers are seeing milder heating bills this season as the cost of natural gas continues to fall.
  • For the fourth consecutive month, DTE is passing those savings on to its customers through the monthly gas cost recovery (GCR) charge, to help customers better manage their budgets through the winter.
  • As a regulated energy company, DTE passes its cost for natural gas on to customers with zero markup, meaning customers benefit directly when the price of natural gas falls.
  • The DTE portfolio includes energy businesses focused on power and industrial projects; renewable natural gas; natural gas pipelines, gathering and storage; and energy marketing and trading.

DTE Energy Helps Customers in Need with $5 Million Donation to Outreach Agencies

Retrieved on: 
Wednesday, January 29, 2020
Regions of the United States, United States, DTE, DTE Energy, Michigan, Detroit, Solar power in Michigan

Detroit, Jan. 29, 2020 (GLOBE NEWSWIRE) -- DETROIT, Jan. 29, 2020 DTE Energy, Michigan largests energy company,today announced a donation of $5 million tofive outreach agencies to help Michigan residentsstay safe and warm this winter.

Key Points: 
  • Detroit, Jan. 29, 2020 (GLOBE NEWSWIRE) -- DETROIT, Jan. 29, 2020 DTE Energy, Michigan largests energy company,today announced a donation of $5 million tofive outreach agencies to help Michigan residentsstay safe and warm this winter.
  • With this donation to our agency partners, were working to make sure customers eligible for energy assistanceare able to receivethehelpthey need.
  • 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 2.2 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers in Michigan.