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NEWS RELEASE DTE Energy reports strong second quarter 2021 results , raises guidance Completed DT Midstream spin - off Launched first - of - its - kind Tree Trim Academy ● ● Recognized as top corporate citizen in Michigan Retired River Rouge coal plant DETROIT , July 27 , 2021 - DTE Energy ( NYSE : DTE ) today reported second quarter 2021 earnings of $ 179 million , or $ 0.92 per diluted share , compared with $ 277 million , or $ 1.44 per diluted share in 2020 . Operating earnings for the second quarter 2021 were $ 329 million , or $ 1.70 per diluted share , compared with 2020 operating earnings of $ 295 million , or $ 1.53 per diluted share . Operating earnings exclude non recurring items , certain mark - to - market adjustments and discontinued operations . Reconciliations of reported earnings to operating earnings are included at the end of this news release . DTE " The first half of 2021 was very positive as our strong team continued to deliver for our customers , communities and investors . We also executed the successful -off of our midstream business , now called DT Midstream , " said Jerry Norcia , DTE Energy president and CEO . " With DTE as a predominantly pure - play utility , we will continue to deliver on our infrastructure and clean energy initiatives for our Michigan utility customers . " Norcia noted the following recent company accomplishments : ● ● ● Completed DT Midstream spin - off : DT Midstream , a premier natural gas pipeline , storage and gathering provider , debuted as an independent , publicly traded company after successfully completing its separation from DTE Energy on July 1 , 2021 . Launched first - of - its - kind Tree Trim Academy : In partnership with the International Brotherhood of Electrical Workers Local 17 , the City of Detroit , and Focus : HOPE , DTE's Tree Trim Academy will offer new jobs , paid training , and wraparound services - like childcare and transportation - for a diverse pool of talent . Academy graduates will help to ensure energy reliability by reducing outages due to fallen trees . This innovative initiative combines the needs of the community with the needs of the company . Ranked as one of the country's top corporate citizens by Points of Light : One of two Michigan companies named to the Civic 50- the top 50 companies nationwide in corporate citizenship - by Points of Light , the world's largest organization dedicated to volunteer service . DTE was also recognized as the leading energy company nationally . Retired River Rouge power plant : The closure of the River Rouge power plant is another milestone in DTE's clean energy transition that includes increased investments in wind and solar and utilizing cleaner natural gas . Enhanced MIGreen Power voluntary renewable energy program : The Michigan Public Service Commission's ( MPSC ) approval of DTE's renewable energy plan will enable the company to add a total of 1,000 megawatts of new voluntary wind and solar by the end of 2023. DTE also received MPSC approval to update this program resulting in making clean energy more accessible and affordable for all customers .