Midwest energy analysts say Michigan could leverage a $105 million public investment into roughly $3 billion in private clean energy development under what’s known as a “green bank.”
JACKSON — Michigan’s second-largest electric utility says it is developing a program to meet the needs of large energy users who want more of their electricity to come from renewable sources
State lawmakers remain focused on passing energy policy this year that preserves Michigan’s limited electric choice market and abandons renewable energy standards in favor of comprehensive planning requirements.
Advocates in West Michigan have spent nearly two years pitching Property Assessed Clean Energy financing to Kent County officials as one more tool in the Grand Rapids region’s economic development toolbox.
While a competitive tax structure was important, Las Vegas-based Switch Communications Group LLC had a different prerequisite before even considering opening a cloud-based data center in Michigan: reliable, renewable energy.
As the price of wind and solar energy declines and even falls in line with fossil fuels, some policymakers have started to wonder if it’s time to expand Michigan’s renewable energy mandates.
Amid tax law challenges, another potential complication with Switch Communications Inc.’s proposed move to Michigan is how the energy-intensive company would secure a reliable electricity supply. That’s particularly the case if Switch wants to power its data center with renewable sources, as it does with its Nevada operations.
ov. Rick Snyder is playing it safe while Michigan Attorney General Bill Schuette is doing his job. That appears to be the consensus among business groups and conservatives in Michigan responding to the two elected officials’ disparate approaches to address President Obama’s Clean Power Plan.
For every dollar spent on energy efficiency last year as part of a 2008 state mandate, Michigan ratepayers realized benefits of $4.38, according to a new report from the Michigan Public Service Commission.
Business interests around the state are finding reasons to dislike energy policy reforms proposed recently by Senate Republicans, whether because they seek to tighten the electric choice market or because they eliminate renewable energy and efficiency mandates.
Leaders in state government may be united under the Republican Party banner, but when it comes to revamping Michigan’s comprehensive energy policy, differences in vision have emerged over the past month.
With Governor Rick Snyder pushing hard for clean energy, MiBiz sat down with energy analyst Sam Gomberg to talk about what it means for Michigan’s energy businesses and the business sector as a whole.
New reports show Michigan’s 2008 renewable energy mandate has worked as intended, but lawmakers must now decide what to do next when the policy sunsets at the end of this year.
The City of Holland and its municipal power utility think that the city’s position on Lake Macatawa makes it special, and they don’t want to continue to operate a power plant on its shores.
Arn Boezaart is retiring from the Michigan Alternative and Renewable Energy Center on June 30, where he’s served as director for the last five years. Grand Valley State University’s MAREC struggled at its inception, but has since gained footing through its research partnerships and economic development activities as a business incubator. Boezaart sat down with MiBiz to discuss the center’s next chapter.
Michigan’s energy sector is at a crossroads. While a chorus of experts and energy firms advocate for higher state mandates and the development of more renewable energy projects, many industry professionals face a period of uncertainty.