DTE Energy Co (DTE.N) Company Profile | Reuters.com
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Profile: DTE Energy Co (DTE.N)

DTE.N on New York Stock Exchange

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DTE Energy Company (DTE Energy), incorporated on January 26, 1995, is a diversified energy company. The Company's segments are Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. DTE Energy's utility operations consist primarily of DTE Electric Company (DTE Electric) and DTE Gas Company (DTE Gas).

Electric

The Company's Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to approximately 2.2 million residential, commercial and industrial customers in southeastern Michigan. The electricity is sold, or distributed through the retail access program, to three classes of customers, including residential, commercial and industrial, throughout southeastern Michigan. DTE Electric owns and operates approximately 680 distribution substations with a capacity of approximately 33,729,000 kilovolt-amperes and over 432,500 line transformers with a capacity of approximately 23,472,000 kilovolt-amperes.

Gas

DTE Energy's Gas segment consists principally of DTE Gas, a natural gas utility engaged in the purchase, storage, transportation, distribution and sale of natural gas to approximately 1.2 million residential, commercial and industrial customers throughout Michigan, and the sale of storage and transportation capacity. DTE Gas' gas distribution system has a daily send-out capacity of approximately 2.4 billion cubic feet. DTE Gas is directly connected to interstate pipelines, providing access to natural gas supply producing regions in the Gulf Coast, Mid-Continent and Canadian regions. DTE Gas owns distribution, storage and transportation properties that are located in the State of Michigan. Its distribution system includes approximately 19,000 miles of distribution mains, approximately 1,165,000 service pipelines, approximately 1,314,000 active meters, and DTE Gas owns approximately 2,000 miles of transmission pipelines that deliver natural gas to the distribution districts and interconnect DTE Gas storage fields with the sources of supply and the market areas. DTE Gas owns storage properties relating to approximately four underground natural gas storage fields with an aggregate working gas storage capacity of approximately 140 billion cubic feet. In addition, DTE Gas sells storage services to third parties.

Gas Storage and Pipelines

The Company's Gas Storage and Pipelines segment controls natural gas storage fields, intrastate lateral and intrastate gathering pipeline systems, and has ownership interests in interstate pipelines serving the Midwest, Ontario and Northeast markets. DTE Gas provides physical operations, maintenance and technical support for the Washington 10 and 28 storage facilities, and for the Michigan gathering systems. In addition, DTE Energy owns an interest in the NEXUS Pipeline, an approximately 255-mile pipeline to transport Utica and Marcellus shale gas to Ohio, Michigan and Ontario market centers. The Gas Storage and Pipelines segment consists of the non-utility gas pipelines and storage businesses.

Power and Industrial Projects

The Company's Power and Industrial Projects segment includes projects that deliver energy and utility-type products and services to industrial, commercial and institutional customers. The Power and Industrial Projects segment produces reduced emissions fuel (REF), and sells electricity from renewable energy projects. It provides services using project assets located on or near the customers' premises in the steel, automotive, pulp and paper, airport, chemical and other industries. The Power and Industrial Projects segment produces metallurgical coke from one coke battery with a capacity of approximately 1.0 million tons per year and has an investment in a second coke battery with a capacity of over 1.2 million tons per year. Power and Industrial Projects segment also provides pulverized coal and petroleum coke to the steel, pulp and paper, and other industries.

The Company's Power and Industrial Projects segment provides power generation, steam production, chilled water production, wastewater treatment and compressed air supply to industrial customers. The Power and Industrial Projects segment holds ownership interests in, and operates, approximately four renewable generating plants with a capacity of over 190 megawatts.

Energy Trading

The Company's Energy Trading segment consists of energy marketing and trading operations. The Energy Trading segment focuses on physical and financial power, and gas marketing and trading, structured transactions, and optimization of contracted natural gas pipeline transportation, and storage positions. It also provides natural gas, power and related services, which include the management of associated storage and transportation contracts on the customers' behalf and the supply or purchase of renewable energy credits to various customers. Its customers include utilities, local distribution companies, pipelines, producers and generators, and other marketing and trading companies. Energy Trading also provides commodity risk management services to the other businesses within DTE Energy.

Corporate and Other

The Company's Corporate and Other segment includes various holding company activities. The Corporate and Other segment holds certain non-utility debt and energy-related investments.

Company Address

DTE Energy Co

1 Energy Plz
DETROIT   MI   48226-1221
P: +1313.2354000
F: +1313.2356743

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