DTE Energy Increases 5-Year Spending Plan by 20% to $36.5 Billion for Data Center and Reliability Investments
DTE Energy's five-year spending plan has increased to $36.5 billion, up 20% from the previous plan, primarily to accommodate data center demand, particularly for Oracle's new facility in Saline Township, Michigan. The utility has secured contracts to supply 1.4 GW of load and has 3 GW in discussions.
The plan includes a $2 billion investment in energy storage. In 2025, DTE achieved over $4.3 billion in capital investments to enhance reliability and clean energy initiatives, resulting in improved outage duration by approximately 90%. DTE's fourth-quarter earnings of $1.65 per share surpassed expectations, and the company confirmed its 2026 earnings guidance range.
