DTE CEO's concern: Energy reserve margin

DTE CEO's concern: Energy reserve margin - Crain's Detroit Business
"Gerry Anderson believes Michigan's electric industry is at the start of a fundamental shift in the way power is produced and delivered.
Anderson, chairman and CEO of Detroit-based DTE Energy Co., and other Michigan utility executives are warning policymakers of an approaching problem:
That the number of aging coal-fired power plants going offline within the next decade could leave the state short of the necessary electricity reserves to power all of their customers’ needs.
...He referred to a recent projection by the Midwest's grid operator, called the Midcontinent Independent System Operator, or MISO, that predicts the region's electricity reserves could fall short of a recommended 15 percent by 2018 and continue sliding through 2026.
Yet MISO's projection does not include plans for any new power plants.
...Anderson's point, though, is that it takes utilities at least four years — if not longer — to plan for a new power plant..."