Wolverine Power Cooperative is slated to buy over half the power generated at the plant. It says the reopening could help rural electric cooperatives reach the state’s climate goals a decade ahead of time and keep prices steady.
Business Watch
Covering the intersection of business and policy, and informing Michigan employers and workers on the long road back from coronavirus. Our Michigan Economic Dashboard shows key metrics that show how the state is performing.
Posted inBusiness Watch
RenCen seeks rebirth, visitors seek directions: A day inside Detroit landmark
As Detroit’s most iconic skyscraper complex seeks a $1.6 billion rebirth, 24 hours in the Renaissance Center underscore what many have learned the hard way: It’s impossible to navigate. If you go, bring snacks and patience.
Posted inBusiness Watch
Renaissance Center looks to future. Should taxpayers help pay the bill?
A familiar debate is brewing in Lansing and Detroit, as plans to transform the 5.5 million square-foot site hinge on money from taxpayers. Developers say the RenCen will molder and rot without support.
Posted inBusiness Watch
Michigan wants to become a hub for hydrogen production, fueling stations
The state needs to build fueling stations and higher-capacity production facilities to support hydrogen-fueled trucks.
Posted inBusiness Watch
Q&A: ‘Grand Rapids is going to be the benchmark’ for Michigan growth
West Michigan’s success is poised to be a national example, economic developer Randy Thelen says.
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Consumers Energy seeking a nearly 11% increase in residential gas bills
Michigan’s largest utility company, Consumers Energy, is seeking a $248 million rate increase. If it’s approved, customers’ bills would increase in late 2025.
Posted inBusiness Watch
Report: Michigan mobility jobs grow as traditional auto employment falls
As transportation evolves, job growth needs to focus on the full range of mobility employment, a new report from MichAuto says.
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Michigan’s $1B bet on EVs has produced few jobs. Should lawmakers double down?
Gov. Gretchen Whitmer wants to increase funding to lure big projects to Michigan, but EV battery plants heavily subsidized by Michigan so far have created far fewer than the 11,000 jobs they promised.
Posted inBusiness Watch
Michigan ski resorts see surge in reservations after two years of little snow
After two years of drought-like conditions in Northern Michigan and the Upper Peninsula, ski resorts are starting to see things turn around.
Posted inBusiness Watch
Michigan farms must provide milk samples on request to test for bird flu virus
The US Department of Agriculture has ordered dairy farms, milk transporters and processors to submit raw milk samples on request to test for the H5N1 bird flu virus.