who owns dte energy

We require that our suppliers have this same commitment, specifically in their use of materials and services from their own base of diverse suppliers and contractors. Shareholders View our renewable energy project map here >. We own storage properties relating to four underground natural gas storage fields with an aggregate working gas storage capacity of 141 billion cubic feet. The Regional Relations team represents DTE through membership and interaction with 45 Chambers of Commerce across Michigan. By the turn of the century, the Edison Illuminating Co. and the Peninsular Electric Light Co. (which owned the electric distribution franchise in the area) provided all commercial electric lighting and power in the city of Detroit. We expect our suppliers to equally support an environment that fosters diversity based on any personal traits or beliefs, not just those protected under the law. The email or password you entered is incorrect. NYSE:DTE Ownership Summary, June 14th 2019 What Does The Institutional Ownership Tell Us About DTE Energy? The company also founded what is now. We hold annual director elections where a majority vote is required for uncontested appointments. We operate approximately 30,218 miles of overhead distribution lines and 15,814 miles of underground distribution lines. The environmental services business uses a proprietary process to treat coal resulting in reduced environmental emissions when combusted. Please try again. DTE Energy Co. will spin off its gas pipeline business into a publicly-traded company, the Michigan utility said on Oct. 27, a move that will increase its focus on providing power to consumers. In 1956, Detroit Edison broke ground for the Enrico Fermi atomic power plant and also began work on the River Rouge power plant. Please try again. The pipeline, pending approval by the Federal Energy Regulatory Commission, is expected to be operational by the end of 2017. You have not verified your email yet. In January 1903, Detroit Edison purchased securities of the two companies and incorporated on January 17, 1903. Our values have real power because we routinely live them, act on them — and do so with conviction. Focusing on safety priorities, DTE Gas scheduled monthly contractor partnership meetings to discuss safety and quality audit results. To meet the increasing demand for natural gas, the Michigan-Wisconsin Pipeline was completed in 1945. In 2007, DTE Energy began acquiring wind development rights on more than 100,000 acres of land in the Thumb area. Please use a valid email address for your User ID (ex: name@email.com). Our Power and Industrial business provides energy-related products and services nationwide to energy-intensive industrial, commercial and institutional customers. Today, DTE Energy’s natural gas utility is one of the nation’s largest, safely delivering natural gas to 1.2 million Michigan families and businesses in over 500 communities. During 2015, we launched our Ethics Ambassadors Program to assist in promoting a culture of integrity and to help drive supporting behaviors. Facility Neighbors 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. Please provide correct email and password. DTE Gas provides physical operations, maintenance and technical support for the storage facilities and for the in-state gathering systems. The first DTE Energy-owned and constructed wind parks were commissioned (connected to the grid and generating power) in December 2012. Would you like us to send another online account confirmation. Our Board is comprised of 11 independent directors plus our chairman and CEO, the only management director. DTE Energy Company, a diversified energy company, develops and manages energy-related businesses and services nationwide. DTE Energy Trading conducts energy marketing and trading operations, serving primarily utilities, local distribution companies and other marketers. Because of Michigan’s unique geology, DTE Energy is able to store up to 130 billion cubic feet of gas in naturally occurring underground rock formations. Based in Charlotte, North Carolina, Duke Energy owns 58,200 megawatts of base-load and peak generation in the United States, which it distributes to its 7.2 million customers. In addition, DTE Energy has a Supplier Code of Conduct to ensure that our business partners adhere to the same standards and align with DTE Energy’s values. Michigan-based DTE Energy announced Tuesday that it intends to spin off its DTE Midstream business, Kallanish Energy reports. ... and put the needs of our enterprise first. In 1937, a plan was developed to merge the Detroit City Gas Co., the Grand Rapids Gas Light Co., the Washtenaw Gas Co. and the Ann Arbor Gas Co. On May 31, 2001 DTE Energy and MCN Energy Group completed a merger which created Michigan’s largest energy company and a premier regional energy provider. In 1905, a majority of the Detroit City Gas Co. was acquired by the American Light & Traction Co., a holding company that controlled utility and transportation interests stretching from Grand Rapids to Milwaukee. The Community Advisory Council is a partnership that allows us to gain insight into local perceptions of DTE Energy and provides us an opportunity to improve our relationship with the community and develop programs that better serve the needs of our customers. A new gas plant was built and Davis became president of the City of Detroit Gas Co., which was later renamed the Detroit Gas Light Co. Our natural gas utility business serves approximately 1.2 million residential, commercial and industrial customers throughout Michigan (service territory covers 14,700 square miles). We uphold policies applicable to all company directors, officers and employees that ensure that their economic interests are aligned with those of the shareholders. DTE Energy is committed to using a diverse supplier base, including businesses that are majority-owned and operated by women and minorities. We own distribution, storage and transportation facilities, approximately 2,000 miles of large gas transmission pipelines, and 19,000 miles of smaller distribution mains. You cannot access your DTE Energy account from the page you requested. You are not authorized to access this page. The first DTE Energy-owned and constructed wind parks were commissioned (connected to the grid and generating power) in December 2012. Would you like us to send another online account confirmation. The company has approximately 29,000 employees. We have more than 80 supplier scorecards in place, measuring performance and developing corrective actions when necessary. In 1983, Detroit Edison sought to sell its engineering expertise through the creation of Utility Technical Services, later called SYNDECO — Detroit Edison’s first subsidiary business. The midstream business owns 2,300 miles of pipelines and storage facilities in the Midwest, the Northeast, Canada and Louisiana. That includes a major stake in the Nexus natural gas pipeline across northern Ohio. The company is working hard to create a diverse energy infrastructure — including. ... and are fully engaged and accountable for results. We believe that a successful business is built on strong leadership and well-managed operations. ... and understand this defines our company’s character. It secured franchises for Highland Park and Hamtramck and increased its customer base to more than 67,000. We value an independent perspective on the management of our company. In 2015, we generated 40.6 gigawatt-hours (GWh) of electricity. Toward that goal, the Board performs a number of functions for the company following sound governance practices, including: > Setting direction and approving strategy for the company, > Regular oversight of the effectiveness of management policies and decisions, including management’s development and execution of the company’s strategies. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. This section of the DTE Corporate Citizenship Report describes our company’s business operations, our values and priorities, our commitment to ethical practices and our engagement with stakeholders. Visit our Governance web page for more information about Board oversight and committee structure. DTE’s Regional Relations team proactively manages relationships with elected and appointed officials, and in partnership with Public Affairs, works with key community stakeholder organizations and nonprofits. Yahoo is part of Verizon Media. > Women’s Business Enterprise National Council America’s Top Corporations Bronze. More information on Renewable Energy is included in the Environment section of this report. Our company has more than a century of history in powering Michigan homes and businesses. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. Our values shape the way we think about our company and the way that we work on a daily basis. Our Aspiration In 1879, Thomas Alva Edison invented the incandescent lamp, and in 1883, the incandescent light bulb made its first Detroit appearance at Metcalf Brothers dry goods store. Supporting the new marketing push and increasing customer demand were Belle River Units 1 and 2, which went online in 1984 and 1985. The Fermi 2 unit was licensed and went online in 1988. ... and know those we serve have the right to expect that from us. In 1913, Detroit City Gas acquired additional service territory that included the communities of River Rouge, Wyandotte, Dearborn, Ecorse and Trenton. Two of these wind parks are located in Huron County and one in Sanilac County. Non-governmental Organizations Please refer to the Policy Leadership section of the full report for a list of advocacy groups with whom DTE engages. There is more natural gas storage capacity in Michigan than in any other state. Duke Energy's service territory covers 104,000 square miles (270,000 km 2) with 250,200 miles (402,700 km) of distribution lines. /wps/wcm/connect/dte-web/home/about-dte/common/about-dte/dte-history, Leading the Way in Energy for More Than 150 Years, /dte-web-design/layouts/row-layout-type/wcm-row-type__r1a.

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