State of Michigan Approves Air Permit for Consumers Energy's Natural Gas Power
Plant in Genesee County
JACKSON, Mich., July 26, 2013
JACKSON, Mich., July 26, 2013 /PRNewswire/ --The Michigan Department of
Environmental Quality (MDEQ) has approved an air permit for a natural gas
power plant planned by Consumers Energy in Thetford Township in northern
"We appreciate the Michigan Department of Environmental Quality's thorough
review and timely approval of this air permit request," said Tim Sparks,
Consumers Energy's vice president for energy supply operations.
Approval of the air permit accomplishes the first major step before Consumers
Energy proceeds with the $750 million project. Additional steps include
approval of a certificate of necessity filed July 12 with the Michigan Public
Service Commission, and suitable financing.
The Thetford project is expected to create 600 construction jobs,about
30operating and support jobs,and ongoing economic benefits for the regional
I-75 corridor and Genesee County. Total direct and indirect benefits tied to
the Thetford project is estimated at $320 million for the state and greater
Genesee County, according to an independent, third-party economic impact
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. The review process for the filing is expected to
take nine months.
When operational in 2017, the Thetford plant will produce about 50 percent
less carbon emissions than seven older coal plants it will replace. This
switch in generation will help Consumers Energy reach its greenhouse gas
reduction target of 20 percent by 2025.
Consumers Energy owns the 230-acre Thetford Township site, which features
access to high-volume natural gas delivery and high-voltage power transmission
lines. Together, these favorable characteristics make the Thetford site the
most valuable low cost option to meet Consumers Energy customers' future
energy needs affordably and reliably.
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.
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, Rule 175 of the Securities Act of
1933, and relevant legal decisions. The forward-looking statements are subject
to risks and uncertainties. All forward-looking statements should be
considered in the context of the risk and other factors detailed from time to
time in CMS Energy's and Consumers Energy's Securities and Exchange Commission
filings. Forward-looking statements 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
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
For more information regarding Consumers Energy, visit us
at:www.consumersenergy.com or join us onFacebook at:
SOURCE Consumers Energy
Contact: Dan Bishop, 517/788-2395 or Dennis Marvin, 517/788-0318
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