Summary
DTE Energy is a Detroit-based diversified energy company with gas and electric operations with generation, transmission, and distribution operations. Its subsidiaries include Detroit Edison, an electric utility serving 2.3 million customers in Southeastern Michigan; MichCon, a natural gas utility serving 1.3 million customers in Michigan; and other nonutility energy trading businesses, fuel transportation, and marketing. The company currently has once nuclear generating facility. In 2021, DTE completed the spinoff of its midstream gas pipeline operations. Utility revenues accounted for about 65% of 2024 total revenue. Almost 80% of 2024 operating earnings were from DTE Electric, 18% from DTE Gas, and 7% from Energy Trading.
DTE’s fuel mix is approximately 40% coal, 20% nuclear, and 22% natural gas, with the remainder from other sources. The company is expanding its use of renewable fuels. It is more reliant on coal than some peers but is planning to stop using coal at its Belle River pl
