Day: May 17, 2026
Port Sheldon and Olive Townships Beware: Is Consumers Energy Being Forthright Regarding their Planned Future Use of the Campbell Location?Port Sheldon and Olive Townships Beware: Is Consumers Energy Being Forthright Regarding their Planned Future Use of the Campbell Location?
Consumers Energy plans to demolish the Campbell, but then what? There are rumors that Consumers Energy may work with an AI data center to locate such a center at the Campbell site. This would be in addition to a lithium ion battery plant which has already been mentioned. Consumers Energy has already published its intention […]
Estimated Values Relevant to Acquisition by Electric Cooperative of Certain Assets of Consumers Energy in Ottawa CountyEstimated Values Relevant to Acquisition by Electric Cooperative of Certain Assets of Consumers Energy in Ottawa County
The overall financial picture Assets: Campbell property (excluding liabilities and assuming the coal generating plant demolished) $60,000,000Distribution grid $700,000,000 Total of these assets $760,000,000 Liabilities: Coal ash remediation $150,000,000Waste water remediation $70,000,000Groundwater cleanup $150,000,000Demolition of Campbell plant $175,000,000 Total of these liabilities $545,000,000 Net value $215,000,000 Even though the electric cooperative does not plan to […]