DTE Energy, Michigan’s largest electric utility, is close to finalizing a deal to power another significant data center, following a “hyperscale” project for OpenAI and Oracle already under construction. This new agreement is part of a larger pipeline of data center demands, totaling 3 to 4 gigawatts, which presents a financial opportunity for utilities but also raises concerns among communities about increased power bills and environmental impact. DTE maintains that new contracts will ensure existing customers are not burdened with costs, and the utility is preparing for infrastructure updates, including potential new power plants and grid-sized batteries, to meet this growing demand.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
DTE nears deal to serve second major Michigan data center, with more in line
DTE Energy, Michigan’s largest electric utility, is close to finalizing a deal to power another significant data center, following a “hyperscale” project for OpenAI and Oracle already under construction. This new agreement is part of a larger pipeline of data center demands, totaling 3 to 4 gigawatts, which presents a financial opportunity for utilities but also raises concerns among communities about increased power bills and environmental impact. DTE maintains that new contracts will ensure existing customers are not burdened with costs, and the utility is preparing for infrastructure updates, including potential new power plants and grid-sized batteries, to meet this growing demand.