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Michigan's requirement for 10 percent renewable energy by 2015 has led to increased alternative development in the state since this law was passed in 2008. A ballot initiative requiring 25% by 2025 failed in 2012. [5] The development of alternative energy sources has stimulated new businesses and employment.
Michigan imports all coal and nuclear fuel (uranium), and 82% of natural gas. A goal to produce over 10% of electricity from in-state renewable sources was set in 2015. Major electric companies in Michigan include DTE Electric Company (11,000 MW) and Consumers Energy (9,000 MW). [3]
This is a list of U.S. states by total electricity generation, percent of generation that is renewable, total renewable generation, percent of total domestic renewable generation, [1] and carbon intensity in 2022. [2] The largest renewable electricity source was wind, which has exceeded hydro since 2019. [3]
In 2021, the renewable energy space remained resilient. For example, according to consulting juggernaut Deloitte: “Wind and 7 of the Best Clean Energy Stocks for 2022 to Buy Now
Here's an in-depth look at the biggest companies that have significant exposure to the renewable energy sector.
Based in Ahmedabad, India, and part of the Adani Group, Adani Green Energy Limited is a leading renewable power company in India with a portfolio of 20.4 GW of renewable energy projects including ...
Pattern Energy was organized in 2009 by Riverstone Holdings to acquire assets from Babcock & Brown's North American wind energy group. [1] In 2013 the company sold operating assets to Pattern Energy Group Inc. following that company's initial public offering (IPO). [2] The development assets of Pattern Energy were retained by a privately held ...
Archaea Energy, which was acquired by energy giant bp in December 2022 for $4 billion, announced plans to develop a similar plant at the site in 2020, but it’s unclear whether it was ever ...