DTE Energy announces electric reliability progress: Customers experienced a 70% improvement in time spent without power in 2024
DTE Energy reported significant improvements in electric reliability for 2024, with customers experiencing a 70% reduction in power outage duration compared to 2023. This improvement stems from a $1.5 billion investment in grid infrastructure and less extreme weather conditions.
The company's progress follows a four-point plan focusing on smart grid transition, infrastructure updates, grid rebuilding, and tree management. Key achievements include:
- Installation of 450+ new circuit automation devices, preventing nearly 10,000 outages and 4 million minutes of power interruption
- Construction progress on 12 new substations
- Upgrades along 850+ miles of electric lines and replacement of 3,400 power poles
- Tree management across 4,300 miles of infrastructure
DTE Energy ha riportato significativi miglioramenti nell'affidabilità elettrica per il 2024, con i clienti che hanno sperimentato una riduzione del 70% della durata delle interruzioni di corrente rispetto al 2023. Questo miglioramento deriva da un investimento di 1,5 miliardi di dollari nelle infrastrutture della rete e condizioni meteorologiche meno estreme.
I progressi dell'azienda seguono un piano in quattro punti incentrato sulla transizione verso una rete intelligente, aggiornamenti infrastrutturali, ricostruzione della rete e gestione degli alberi. I principali risultati includono:
- Installazione di oltre 450 nuovi dispositivi di automazione dei circuiti, prevenendo quasi 10.000 interruzioni e 4 milioni di minuti di interruzione di corrente
- Avanzamento della costruzione di 12 nuove sottostazioni
- Aggiornamenti su oltre 850 miglia di linee elettriche e sostituzione di 3.400 pali della corrente
- Gestione degli alberi su 4.300 miglia di infrastruttura
DTE Energy ha informado mejoras significativas en la confiabilidad eléctrica para 2024, con los clientes experimentando una reducción del 70% en la duración de las interrupciones de energía en comparación con 2023. Esta mejora proviene de una inversión de 1.5 mil millones de dólares en infraestructura de red y condiciones meteorológicas menos extremas.
El progreso de la empresa sigue un plan de cuatro puntos centrado en la transición hacia redes inteligentes, actualizaciones de infraestructura, reconstrucción de la red y manejo de árboles. Los logros clave incluyen:
- Instalación de más de 450 nuevos dispositivos de automatización de circuitos, previniendo casi 10,000 interrupciones y 4 millones de minutos de interrupción de energía
- Avance en la construcción de 12 nuevas subestaciones
- Mejoras en más de 850 millas de líneas eléctricas y reemplazo de 3,400 postes de energía
- Manejo de árboles en 4,300 millas de infraestructura
DTE 에너지는 2024년 전기 신뢰성에서 상당한 개선을 보고하며, 고객들은 2023년 대비 70%의 정전 지속시간 단축을 경험했습니다. 이러한 개선은 15억 달러의 투자와 덜 극단적인 기후 조건 덕분입니다.
회사의 발전은 스마트 그리드 전환, 인프라 업데이트, 그리드 재건 및 나무 관리에 중점을 둔 4단계 계획을 따릅니다. 주요 성과는 다음과 같습니다:
- 자체 회로 자동화 장치 450개 이상 설치, 10,000건의 정전을 예방하고 400만 분의 전력 중단 방지
- 12개 새로운 변전소 건축 진행
- 850마일 이상의 전선 업그레이드 및 3,400개의 전력 봉 교체
- 4,300마일의 인프라에 걸친 나무 관리
DTE Energy a rapporté des améliorations significatives de la fiabilité électrique pour 2024, les clients ayant connu une réduction de 70% de la durée des pannes de courant par rapport à 2023. Cette amélioration résulte d'un investissement de 1,5 milliard de dollars dans l'infrastructure du réseau et de conditions météorologiques moins extrêmes.
Les progrès de l'entreprise suivent un plan en quatre points axé sur la transition vers un réseau intelligent, les mises à jour d'infrastructure, la reconstruction du réseau et la gestion des arbres. Les principales réalisations comprennent :
- Installation de plus de 450 nouveaux dispositifs d'automatisation des circuits, prévenant près de 10 000 pannes et 4 millions de minutes d'interruption d'alimentation
- Avancement de la construction de 12 nouvelles sous-stations
- Mises à niveau sur plus de 850 miles de lignes électriques et remplacement de 3 400 poteaux électriques
- Gestion des arbres sur 4 300 miles d'infrastructure
DTE Energy hat bedeutende Verbesserungen bei der elektrischen Zuverlässigkeit für 2024 gemeldet, wobei die Kunden eine Reduzierung der Dauer von Stromausfällen um 70% im Vergleich zu 2023 erfahren haben. Diese Verbesserung resultiert aus einer Investition von 1,5 Milliarden Dollar in die Netzinfrastruktur und weniger extremen Wetterbedingungen.
Der Fortschritt des Unternehmens folgt einem vier Punkte umfassenden Plan, der sich auf den Übergang zu einem intelligenten Stromnetz, Infrastruktur-Updates, Netzsanierung und Baumpflege konzentriert. Zu den wichtigsten Erfolgen gehören:
- Installation von über 450 neuen Gerätetechniken, die nahezu 10.000 Ausfälle und 4 Millionen Minuten Stromunterbrechungen verhinderten
- Baufortschritte bei 12 neuen Umspannwerken
- Upgrade von über 850 Meilen elektrischer Leitungen und Ersatz von 3.400 Strommasten
- Baumpflege über 4.300 Meilen Infrastruktur
- 70% improvement in customer power outage duration year-over-year
- $1.5 billion investment in electric grid infrastructure
- Smart grid devices prevented 10,000 outages and 4 million minutes of power interruption
- 12 new substations under development
- Upgraded 850+ miles of electric lines and replaced 3,400 power poles
- None.
Insights
DTE Energy's remarkable 70% improvement in power reliability metrics, supported by a substantial
The comprehensive grid modernization strategy is particularly noteworthy from an investment perspective for several reasons:
- Operational Efficiency: The deployment of 450 smart grid devices has already prevented 10,000 outages and 4 million minutes of interruption, which translates to reduced maintenance costs and improved customer satisfaction scores - important metrics for regulatory rate case success.
- Infrastructure Modernization: The extensive infrastructure upgrades, including 12 new substations and 850 miles of electric line improvements, position DTE favorably for future rate base growth, as these capital investments typically earn regulated returns.
- Cost Management: The preventive approach through smart technology implementation and systematic tree trimming (4,300 miles in 2024) should lead to lower emergency repair costs and improved operational margins over time.
From a regulatory perspective, these demonstrable reliability improvements strengthen DTE's position in future rate cases, potentially supporting favorable regulatory outcomes. The company's proactive infrastructure investment approach aligns well with regulatory preferences for grid resilience and modernization, which typically results in stable returns for utility investors.
For investors, this progress indicates strong execution of capital deployment plans and suggests potential for sustained rate base growth. The focus on smart grid technologies particularly points to long-term cost efficiency benefits that could support margin expansion over time, while the comprehensive nature of the improvements provides a solid foundation for future regulatory support.
Detroit, Jan. 22, 2025 (GLOBE NEWSWIRE) -- DTE Energy today reported the progress it made in 2024 in building a smarter, stronger, and more resilient electric grid for its customers. Due to the impact of enhanced work and increased investment in the electric grid, coupled with less extreme weather, DTE customers experienced a nearly
“When we invest, it works. Thanks to the combination of
To make these improvements possible, DTE is focused on executing the company’s four-point plan to build the grid of the future that includes transitioning to a smart grid, updating existing infrastructure, rebuilding significant portions of the grid and trimming and removing trees away from our lines. In 2024 the company made significant progress including:
- DTE accelerated its transition to smart grid technology with more than 450 new circuit automation devices commissioned in 2024. These devices, combined with a state-of-the-art operations center and additional investments in the field communications system, help to isolate outages and alert DTE’s operations center when wires are down, so that crews can restore power more quickly. In 2024 alone, these smart grid devices helped customers avoid nearly 10,000 outages and 4 million minutes of power interruption and smart grid technologies, like automatic pole top switches, have already helped avoid more than 50,000 customer outages. Every year, these upgrades will continue to help us save money by reducing the frequency of outages and the costs of repairs even more.
- The company continued rebuilding significant sections of the grid, including the construction of new, modern substations and entirely upgraded circuits. DTE currently has 12 new substations in various levels of commissioning, including three that began construction late in 2024
- DTE upgraded and improved existing infrastructure. In 2024, field crews inspected and made upgrades along more than 850 miles of electric lines (longer than the distance between New York City and Chicago) and replaced nearly 3,400 power poles.
- Trees and branches contacting electric equipment account for half the time customers spend without power, and in 2024 DTE trimmed or removed more than 4,300 miles of trees (the distance between Miami and Anchorage) across the many communities the company serves. By the end of this year, DTE will have trimmed or removed trees from over 31,000 miles of overhead infrastructure over the last five years.
To stay informed about ongoing projects you can explore DTE Energy’s Power Improvements Map or visit empoweringmichigan.com
About DTE Energy
DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers across Michigan. The DTE portfolio also includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. DTE has continued to accelerate its carbon reduction goals to meet aggressive targets and is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy, emission reductions and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, x.com/dte_energy and facebook.com/dteenergy.
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