The state passed legislature to mandate 10% power generation from renewable sources by the year 2015. The report released today, detailing the power generation data from 2012, showed that 2012 was the first year where state utility companies were able to meet their interim targets and that the state was on track to meet its power mandate by 2015. 1,100 MW of renewable energy generation have been added since the legislation was passed and the standards came into effect.
Michigan’s governor, Rick Snyder, has made lowering electricity prices and increasing electrical efficiency a priority of his. He further has hinted at a possible 20% renewable energy mandate by the year 2025, although this proposal has not yet been introduced to the state legislature.
Further statistics of note from the report include the fact that the weighted average cost of producing renewable energy in Michigan is 30% less than the cost of producing energy through new coal-fired plants.
Growth in the wind energy generation industry seems to be driving the state towards meeting its goals. Michigan currently has 1,100 MW of wind energy generation capacity, and is on track to reach more than 1,400 MW of wind energy by the end of this year.