DTE Energy puts $1 billion bet on natural gas power

DTE Energy elp

DETROIT (AP) — DTE Energy says it will spend at least $1 billion on new power plants that use natural gas.

The utility says at least one of the gas-fired plants will be built in St. Clair County's China Township, near the site of a coal-fired plant that will be shut down.

In a statement, DTE says the gas-fired plants will provide 1,000 MW of electricity, enough for 850,000 homes. Chief Executive Gerry Anderson says they'll be the source of "cleaner" energy, replacing power plants that run on coal.

DTE in June said it would close three of five coal plants by 2023 and turn to gas, solar and wind.

St. Clair County leaders learned about DTE's local plans Thursday. County Board Chairman Jeff Bohm says it's great news for the economy.

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