Michigan Report for Friday, March 6, 2015

Newsmaker Friday: Energy Competition Backers Say No Capacity Crisis

Supporters of returning Michigan to a fully competitive market for electricity say the claims from the majority utilities that the state faces a coming crisis in energy capacity are overblown.

As the Legislature continues to ramp up its efforts on energy legislation, and as Governor Rick Snyder prepares to unveil his proposal later this month, Consumers Energy and DTE Energy have said that in 2016, there will be a shortfall in energy capacity. And they have blamed that shortfall on the competing companies having relied on purchasing surplus power on the open market that will no longer be available.

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