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Funding Resources
Funding Resources
| MI Renewable Energy Standard | |
|---|---|
| Type of Incentive | Environmental Regulations |
| Eligible States | MI |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | # 2 Fuel Oil, # 6 Fuel Oil, Biogas, Biomass, Coal, Hydrogen, LFG, Municipal Solid Waste, Natural Gas, Other, Waste heat Recovery |
| Eligible Project Size | All (MW) |
| Number of Awards | |
| Size of Award | In October 2008, Michigan enacted Public Act 295, requiring the state's investor-owned utilities, alternative retail suppliers, electric cooperatives and municipal electric utilities to generate 10 percent of their retail electricity sales from renewable energy resources by 2015. The standard allows utilities to use energy optimization and advanced cleaner energy systems to meet a limited portion of the requirement. Energy optimization is also subject to a separate requirement, but credits achieved under one standard may be exchanged for credits under the other standard subject to certain limitations. The compliance period for the standard begins in 2012. Each utility has a unique annual obligation based on its existing renewable energy portfolio, the amount of energy that would be required to meet the ultimate 10 percent target during a compliance year, and the applicable percentage obligation for that year. The annual benchmarks are as follows: 20 percent of total 2015 obligation in 2012; 33 percent of total 2015 obligation in 2013; 50 percent of total 2015 obligation in 2014; and 100 percent of total obligation in 2015. In effect, a utility's existing renewable energy baseline does not change from year to year, but it is obligated to meet an increasing percentage (e.g., 20 percent in 2012) of the ultimate 10 percent goal each year from 2012-2015. |
| Start Date | 10/6/2008 |
| End Date |
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| Minimum Efficiency(%) |
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| Additional Information | In addition to the percentage-based energy requirements, a utility with more than 1 million retail customers as of January 1, 2008, (i.e., Consumers Energy) must meet a renewable energy capacity standard of 200 MW by December 31, 2013, and 500 MW by December 31, 2015. A utility with more than 2 million retail customers as of January 1, 2008, (i.e., Detroit Edison) must meet a renewable energy capacity standard of 300 MW by December 31, 2013, and 600 MW by December 31, 2015. The standard also contains a series of bonus credits, termed Michigan incentive renewable energy credits, for each megawatt-hour (MWh) of electricity generated by certain types of systems, which can act in addition to the single credit that a facility receives for producing 1 MWh of electricity from a qualified resource. |
| Web Site |
http://www.legislature.mi.gov/documents/2007-2008/publicact/pdf/2008-PA-0295.pdf  |
| Additional Web Site |
http://www.dsireusa.org/library/includes/ incentive2.cfm?Incentive_Code=MI16R&state=MI&CurrentPageID=1&RE=1&EE=1 |
| Primary Contact |
Julie Baldwin P.O. Box 30221 Lansing, MI 48909 U.S.A. Julie Baldwin (baldwinj2@michigan.gov) (517) 241-6115 |
| Additional Contact Name |
Tom Stanton P.O. Box 30221 Lansing, MI 48909 U.S.A. Tom Stanton (tstanton@michigan.gov) (517) 241-6086 (517) 373-3113 |