Michigan’s economy is ranked as the 14th largest state economy in the nation, in terms of 2024 gross domestic product (GDP), generating $706.6 billion annually. Michigan’s industrial sector is ranked 6th in the nation, with the industries generating a GDP of $115,210 million in 2024. However, Michigan also consumes four times more energy than it produces and ranks 11th in the nation in total energy consumption.
Twenty-five percent of the total energy consumed in the State in 2024 was consumed by its industrial sector. This means that Michigan’s industrial sector has a great opportunity to become more energy efficient and become more cost competitive. In 2008, the State passed the Clean, Renewable, and Efficient Energy Act, which sets forth the procedures and guidelines designed to optimize energy efficiency and renewable energy generation within the state. The MI Healthy Climate Plan published in 2020, by the Michigan Department of Environment, Great Lakes, and Energy (EGLE) set forth an action plan to make Michigan energy independent.
Several state, federal, utility and private resources are available to Michigan industries to assist them in their path to becoming more energy efficient, sustainable, and resilient. This webpage provides a comprehensive list of those resources.