Michigan PSC Rejects Early Termination of Two Consumers Energy Contracts for Output Biomass Plants
March 16, 2024
March 16, 2024
LANSING, Michigan, March 16 -- The Michigan Public Service Commission issued the following news release on March 15, 2024:
The Michigan Public Service Commission today rejected applications by Consumers Energy Co. for early termination of power purchase agreements (PPAs) with biomass plant operators, finding that ending the contracts prematurely was not holistically considered in the state's electric capacity needs, posing a potential risk, and that calculated savings may be overest . . .
The Michigan Public Service Commission today rejected applications by Consumers Energy Co. for early termination of power purchase agreements (PPAs) with biomass plant operators, finding that ending the contracts prematurely was not holistically considered in the state's electric capacity needs, posing a potential risk, and that calculated savings may be overest . . .