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The next commentary was written by Laura Sherman. Sherman is president of the Michigan Energy Innovation Enterprise Council, a commerce group of greater than 140 superior energy firms centered on bettering the coverage panorama for the superior energy business in Michigan. See our commentary guidelines for extra info.


Michigan’s recently finalized plan to achieve carbon neutrality by 2050 is an formidable technique that may remake the state’s financial system. Beneath the plan, transportation would change into electrified, and our energy would more and more come from renewable sources backed by storage, amongst different daring insurance policies.

Whereas it may be daunting, large change is usually good. The shift envisioned by the plan pays dividends to Michiganders from all walks of life by rising job progress, boosting revenue and elevating the state’s general financial output.

The superior energy sector is likely one of the fastest-growing elements of Michigan’s financial system, because the members of the Michigan Energy Innovation Enterprise Council (Michigan EIBC) have seen firsthand. Michigan EIBC represents roughly 140 firms that work in Michigan in renewable energy challenge improvement, superior mobility, energy storage, energy effectivity, manufacturing of batteries and different parts utilized in clear energy, and extra.

The MI Wholesome Local weather Plan, as unveiled by Governor Whitmer, will construct upon this progress. Not solely will prioritizing clear energy and transportation result in financial savings for shoppers, but additionally, the state’s financial system can leverage a number of components of the plan to draw companies and personal funding.

Clear energy and transportation are a foundational a part of the state’s financial system. According to E2’s 2021 Clean Jobs America Report, Michigan’s clear energy employment share of the statewide workforce is larger than the nationwide common and the state ranks sixth within the nation in whole clear energy jobs. Michigan additionally has the second highest variety of clear energy jobs when in comparison with different states within the Midwest. Michigan ranks second within the nation, behind solely California, for the variety of jobs within the “clear automobile” sector, together with electric, hybrid, and hydrogen gas cell autos. Moreover, regardless of an unstable financial system for a lot of the pandemic, the clear energy sector grew at a better price than the state’s general financial system.

State and native governments have helped make these jobs doable by way of coverage. One in every of these insurance policies is the renewable portfolio customary (RPS), handed in 2008, that required that 10% of the state’s energy come from renewable sources by 2015. As of early 2022, the Michigan Public Service Fee’s study on the effects of the RPS discovered that it had led to a complete of two,828 megawatts of renewable energy deployment in Michigan and over $5.1 billion value of funding.

The MI Wholesome Local weather Plan recommends taking the RPS to the following degree, rising it to 50% by 2030.

One other necessary current coverage is the financial improvement package deal (Public Acts 134, 136, and 137 of 2021) and funding for the Michigan Strategic Fund which have invigorated the electrical automobile market in Michigan. The bipartisan deal secured transformational investments from a number of world firms, together with Michigan EIBC member firm Basic Motors and LG Energy Options, who selected Michigan over different competing areas.

To help further electric automobile deployment in Michigan, the MI Wholesome Local weather Plan recommends deploying infrastructure to help 2 million electric autos on Michigan roads by 2030.

We have to implement the insurance policies proposed by the plan so Michigan can totally notice the potential advantages of superior energy. An October 2021 report revealed by Greenlinks Analytics analyzed the shifts in employment, revenue, and Michigan’s financial output associated to investments in energy effectivity, {solar}, demand response, and different renewable energy applied sciences related to state local weather objectives. Utilizing an built-in modeling platform, the report discovered that funding in clear and renewable energy over the following a number of a long time would result in the creation of 96,000 jobs, a $2 billion enhance in residential family revenue and an extra $3.9 billion to the state’s GDP.

The suggestions within the MI Wholesome Local weather Plan will help Michigan seize these financial advantages, however we must always not overlook that it’s only a plan. Michigan lawmakers and officers might want to do the arduous work of enacting the planks of the plan. Decarbonizing Michigan’s financial system over the following 30 years will probably be a problem, however the state’s historical past of progress and power within the superior energy business reveals it’s a problem value enterprise.



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DOE launches $500 million effort to turn mines into clean energy hubs

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DOE launches $500 million effort to turn mines into clean energy hubs




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DOE amends criteria for program to preserve nation’s nuclear fleet

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