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Michigan Utility to Issue RFP to Identify Potential Buyers for Hydroelectric Dams

Consumers Energy, a Michigan investor-owned utility, announced on Feb. 2 that it will issue a request for proposals this month to identify potential buyers for its 13 Michigan hydroelectric dams.

Consumers Energy has retained the services of Clear Energy Brokerage & Consulting, LLC, a Grand Rapids-based firm, to design and manage the RFP process.

The RFP will open Feb. 15, with participants moving through a two-stage evaluation and bidding process that should finish by the end of 2024.

Federal operating licenses for the 13 dams, which sit on five rivers, will begin to expire in a decade. Potential options for each dam’s future include renewing operating licenses for 30 more years, transferring ownership, replacement or removal.

Entities interested in participating can immediately register their interest and submit initial bids by March 15.

For more information and to register, contact Ryan Cook of Clear Energy Brokerage & Consulting LLC at [email protected] or 616-528-4682.

For more information from Consumers Energy, visit ConsumersEnergy.com/hydrofuture.

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