Michigan regulators on Friday approved Consumers Energy’s latest integrated resource plan, which will shutter its Karn coal-fired plant by 2023, setting the utility on a course to eliminate coal entirely and by 2040 reduce emissions from power plants by 90%.

The IRP is the first long-term utility strategy the Michigan Public Service Commission (PSC) has acted on since the state’s energy laws were changed in 2016 to require that the commission develop modeling parameters and assumptions for utility IRPs.

Consumers says it will add 5 GW of solar energy through competitive bidding by 2030. The utility will conduct annual auctions, to be administered by an independent third party, for adding future power generation capacity.

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