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 in Michigan. The DTE portfolio also includes non-utility businesses focused on industrial energy services, renewable natural gas, and energy marketing and trading. As one of Michigan’s leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. DTE Energy has more than 10,000 employees in utility and non-utility subsidiaries involved in a wide range of energyrelated businesses. The company’s growing non-utility businesses are built around the strengths, skills and assets of DTE Energy’s electric and gas utilities. DTE Energy Utilities DTE Electric DTE Electric generates, transmits and distributes electricity to 2.3 million customers in southeastern Michigan. With an 11,084 megawatt system capacity, the company uses coal, nuclear fuel, natural gas, hydroelectric pumped storage and renewable sources to generate its electrical output. Founded in 1903, DTE Electric is the largest electric utility in Michigan and one of the largest in the nation. At 1.1 million kilowatts, the company’s Fermi 2 nuclear power plant represents 30% of Michigan’s total nuclear generation capacity. This single plant is capable of producing enough electricity to serve a city of about one million people. Fermi 2 has been providing reliable, cost-effective power to DTE Electric customers for more than 20 years. The plant also has been designated as one of the nation’s best-performing nuclear facilities. DTE Gas DTE Gas is engaged in the purchase, storage, transmission, distribution and sale of natural gas to approximately 1.3 million customers in Michigan. The company owns and operates 278 storage wells representing approximately 34 percent of the underground working capacity in Michigan. There is more gas storage capacity in Michigan than in any other state. Founded in 1849, DTE Gas is one of the nation’s largest natural gas utilities. FIRM PROFILE www.dteenergy.com Chairman & CEO of DTE Energy Norcia Jerry CEO Today USA Awards 2023 - MICHIGAN - - 54 -
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