Consumers Energy Announces Next Major Step To Build New Clean-Burning Natural
Gas Power Plant In Genesee County
ECONOMIC STUDY: 600 CONSTRUCTION JOBS, BENEFITS FOR MICHIGAN
JACKSON, Mich., July 12, 2013
JACKSON, Mich., July 12, 2013 /PRNewswire/ --Consumers Energy has taken the
next major step for itsnew natural gas plant in Genesee County, filing today
for approval of a certificate of necessity with the Michigan Public Service
"Our filing today establishesthat this new natural gas plantis in the best
long-term interests of Michigan and our 1.8 million electric customers,"
saidJohn Russell, Consumers Energy's chief executive officer."This $750
million project will create 600 construction jobs,about 30operating and
support jobs,and ongoing economic benefits for the regional I-75 corridor and
The certificate of necessity filing, allowed forunder Michigan's energy
reform law,provides Consumers Energy's comprehensive analysis for the 700
megawatt natural gas plant planned for Thetford Township,about 20 miles
northeast of Flint. The review process for the filing is expected to take
Tim Sparks, Consumers Energy's vice president of energy supply operations,
said the new facility will be one of the most economical and efficient power
plants in operation, using advancedcombined cycle technology.
Sparksnoted that the plant's700 megawatts areneeded due to the scheduled
suspension of operation of Consumers Energy's seven smallest and oldest coal
plants, which have a total capacity of about950 megawatts.The company's
customers set an all-time peak demand record in 2012, as electric sales
rebound with Michigan's improving economy.
"When operational in 2017, this plant will produce about 50 percent less
carbon emissions than the coal plants it will replace. This switch in
generation will help us reach our greenhouse gas reduction target of 20
percent by 2025," said Sparks.
An economic impact study released today for the Thetford project cited
numerous benefits for Michigan, theregional I-75 corridor and Genesee
County. The studycited increased construction and spin-off jobs, local
economic investment, and increased annual property taxes benefiting Genesee
County, Thetford Township and its libraries, parks, health services, local
schools and other special districts.
Consumers Energy owns the 230-acre Thetford Township site, which features
access to high-volume natural gas delivery and high-voltage power transmission
lines. The site already is home to nine smaller natural gas fired combustion
The current project schedule calls for construction to begin in 2014 and for
the new combined cycle power plant to begin serving Consumers Energy's
electric customers in 2017. At 700 megawatts, the plant would be able to serve
a community of about 445,000.
Development of the power plant is tied to Consumers Energy obtaining an air
permit from the Michigan Department of Environmental Quality (MDEQ), a
certificate of necessity from the MPSC, and suitable financing. Consumers
Energy is awaiting an air permit from the MDEQ, having completed the
application process. Its air permit application covered two combined cycle
units at the Thetford site, supporting the company's option to develop a
second unit at a later date.
Sparks said development of a major new natural gas fueled power plant is part
of the company's Balanced Energy Initiative, a comprehensive plan that
includes renewable energy and energy efficiency programs to meet the energy
needs of Consumers Energy's customers through 2040.
"This plant will use state-of-the-art technology to help meet the future needs
of our 1.8 million electric customers in an environmentally responsible
manner. We selected natural gas as the fuel source for this new power plant
because we project it will be the most economical way to serve our customers
in the future and continue to bring them value," Sparks said.
Consumers Energy, Michigan's largest utility, is the principal subsidiary of
CMS Energy (NYSE: CMS), providing natural gas and electricity to 6.6 million
of the state's 10 million residents in all 68 Lower Peninsula counties.
This news release contains "forward-looking statements" as defined in Rule
3b-6 of the Securities Exchange Act of 1934, as amended, Rule 175 of the
Securities Act of 1933, as amended, and relevant legal decisions. The
forward-looking statements are subject to risks and uncertainties. They should
be read in conjunction with "FORWARD-LOOKING STATEMENTS AND INFORMATION" and
"RISK FACTORS" sections of CMS Energy's Form 10-K and Consumers Energy's Form
10-K each for the Year Ended December 31, 2012 and as updated in CMS Energy's
and Consumers Energy's Forms 10-Q for the Quarter Ended March 31, 2013.CMS
Energy's and Consumers Energy's "FORWARD-LOOKING STATEMENTS AND INFORMATION"
and "RISK FACTORS" sections are incorporated herein by reference and discuss
important factors that could cause CMS Energy's and Consumers Energy's results
to differ materially from those anticipated in such statements.
For more information regarding Consumers Energy, visit us
at:www.consumersenergy.com or join us onFacebook at:
SOURCE Consumers Energy
Contact: Media Contacts: Dan Bishop, 517/788-2395 or Dennis Marvin,
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