{"slug":"dte-energy","name":"DTE 에너지","name_en":"DTE Energy","ticker":"DTE","updated_at":"2026-09-24T03:46:31.644522+00:00","canonical":"https://valuechain.wiki/dte-energy","citable":"밸류체인 그래프 기준 DTE 에너지의 직접 연결 기업은 3곳(관계 기준 공급 1·매출 1·투자 1)이고, 사슬을 2차까지 넓히면 26곳에 닿는다. 링크의 근거 출처는 5건이며 그중 1차공시가 3건이다 (valuechain.wiki, 2026-09-24 기준).","citable_en":"Per the valuechain.wiki graph, DTE Energy is directly linked to 3 companies (1 supply, 1 revenue, 1 investment relationships) and reaches 26 companies within two hops; the links are backed by 5 dated sources, 3 of them primary filings (as of 2026-09-24).","kicker":"미시간 전력·가스 유틸리티","kicker_en":"Michigan electric and gas utility","lead":"DTE 에너지는 미시간 남동부에서 전력과 천연가스를 판매하고, MISO 시장에도 잉여 전력을 판매한다. 발전 연료와 시장 전력, 전력망 설비, 에너지저장장치에 비용을 쓰며 데이터센터 같은 대형 부하 계약을 성장축으로 삼고 있다.","lead_en":"DTE Energy sells electricity and natural gas in southeastern Michigan and also sells excess generation into the MISO market. Its operating and capital spending covers generation fuel, market power, grid infrastructure and energy storage, while large-load contracts such as data centers provide a new source of growth.","categories":[{"key":"regulated-grid-utilities","ko":"규제 유틸리티·전력망 운영","en":"Regulated Utilities & Grid Operators","theme":"power-grid","theme_ko":"전력·그리드","theme_en":"Power & Grid","theme_kind":"chain","primary":true}],"segments":{"parts":[{"name":"DTE Electric","note":"발전, 송배전, 전력 판매"},{"name":"DTE Gas","note":"천연가스 구매, 저장, 운송, 배급"},{"name":"DTE Vantage","note":"재생에너지와 산업용 에너지 솔루션"},{"name":"Energy Trading","note":"전력·가스·환경상품 마케팅과 거래"}],"total":"FY2025 총매출 158억1,400만달러","track":"C"},"segments_en":{"parts":[{"name":"DTE Electric","note":"Electric generation, transmission, distribution and sales"},{"name":"DTE Gas","note":"Natural gas purchasing, storage, transportation and distribution"},{"name":"DTE Vantage","note":"Renewable energy and industrial energy solutions"},{"name":"Energy Trading","note":"Power, gas and environmental commodity marketing and trading"}],"total":"FY2025 total revenue of US$15.814 billion"},"returns_yearly":{"2021":19.4,"2022":1.2,"2023":-2.8,"2024":13.5,"2025":10.4,"2026":7.2},"return_asof":"2026-09-04","value_chain":{"leading":[{"slug":"satellogic","name":"새틀로직","name_en":"Satellogic","tier":3,"returns_yearly":{"2022":-68.6,"2023":-42.6,"2024":62.9,"2025":-34.4,"2026":175.4}},{"slug":"jpmorgan-chase","name":"JPMorgan Chase","name_en":"JPMorgan Chase","tier":3,"returns_yearly":{"2021":27.7,"2022":-12.6,"2023":30.6,"2024":44.3,"2025":37.3,"2026":12.9}},{"slug":"voyager-technologies","name":"보이저 테크놀로지스","name_en":"Voyager Technologies","tier":3,"returns_yearly":{"2026":4.3}},{"slug":"yum-brands","name":"얌! 브랜즈","name_en":"Yum! Brands","tier":3,"returns_yearly":{"2021":30.1,"2022":-6,"2023":3.9,"2024":4.7,"2025":14.9,"2026":0.6}},{"slug":"pultegroup","name":"풀트그룹","name_en":"PulteGroup","tier":3,"returns_yearly":{"2021":34,"2022":-19.2,"2023":128.8,"2024":6.2,"2025":8.5,"2026":-3.8}},{"slug":"kroger","name":"크로거","name_en":"The Kroger Co.","tier":3,"returns_yearly":{"2021":45.4,"2022":0.4,"2023":5,"2024":36.9,"2025":4.3,"2026":-4.6}},{"slug":"lowes","name":"로우스","name_en":"Lowe's Companies, Inc.","tier":3,"returns_yearly":{"2021":63.3,"2022":-21.5,"2023":14,"2024":13,"2025":-0.3,"2026":-13.9}},{"slug":"american-express","name":"아메리칸 익스프레스","name_en":"American Express","tier":3,"returns_yearly":{"2021":36.9,"2022":-8.5,"2023":28.7,"2024":60.3,"2025":26,"2026":-15.8}},{"slug":"accenture","name":"액센츄어","name_en":"Accenture plc","tier":3,"returns_yearly":{"2021":60.7,"2022":-34.8,"2023":33.6,"2024":1.9,"2025":-22.6,"2026":-20.5}},{"slug":"las-vegas-sands","name":"라스베이거스 샌즈","name_en":"Las Vegas Sands Corp.","tier":3,"returns_yearly":{"2021":-36.8,"2022":27.7,"2023":3.1,"2024":6.2,"2025":29.5,"2026":-30.6}},{"slug":"intuit","name":"인튜이트","name_en":"Intuit Inc.","tier":3,"returns_yearly":{"2021":70.3,"2022":-39.1,"2023":61.8,"2024":1.2,"2025":6.1,"2026":-53.7}},{"slug":"consolidated-edison","name":"콘솔리데이티드 에디슨","name_en":"Consolidated Edison, Inc.","tier":2,"returns_yearly":{"2021":23,"2022":15.7,"2023":-1.1,"2024":1.5,"2025":15.1,"2026":9.5}},{"slug":"marriott-international","name":"메리어트 인터내셔널","name_en":"Marriott International, Inc.","tier":2,"returns_yearly":{"2021":25.3,"2022":-9.3,"2023":53.1,"2024":24.9,"2025":12.3,"2026":9.1}},{"slug":"sherwin-williams","name":"셔윈-윌리엄스","name_en":"The Sherwin-Williams Company","tier":2,"returns_yearly":{"2021":44.9,"2022":-32,"2023":32.7,"2024":9.9,"2025":-3.8,"2026":-0.7}},{"slug":"palantir","name":"Palantir","name_en":"Palantir Technologies","tier":2,"returns_yearly":{"2021":-22.7,"2022":-64.7,"2023":167.4,"2024":340.5,"2025":135,"2026":-1.9}},{"slug":"uber","name":"Uber","name_en":"Uber","tier":2,"returns_yearly":{"2021":-17.8,"2022":-41,"2023":149,"2024":-2,"2025":35.5,"2026":-7.3}},{"slug":"openai","name":"OpenAI","name_en":"OpenAI","tier":2,"returns_yearly":null},{"slug":"oracle","name":"Oracle","name_en":"Oracle","tier":1,"returns_yearly":{"2021":36.9,"2022":-4.6,"2023":30.9,"2024":60,"2025":18.1,"2026":-26.5}}],"benefiting":[{"slug":"lg-energy-solution","name":"LG에너지솔루션","name_en":"LG Energy Solution","tier":1,"returns_yearly":{"2023":-26.9,"2024":-7.6,"2025":13.1,"2026":0.8}},{"slug":"osaka-gas","name":"오사카가스","name_en":"Osaka Gas","tier":1,"returns_yearly":{"2021":3.5,"2022":10.3,"2023":52.6,"2024":1.1,"2025":94.9,"2026":-2.2}},{"slug":"ls-electric","name":"LS일렉트릭","name_en":"LS ELECTRIC","tier":2,"returns_yearly":{"2021":-19.2,"2022":11.4,"2023":37.4,"2024":234.2,"2025":145,"2026":73.2}},{"slug":"lotte-energy-materials","name":"롯데에너지머티리얼즈","name_en":"Lotte Energy Materials","tier":2,"returns_yearly":{"2021":31.5,"2022":-32.9,"2023":-49.3,"2024":-30,"2025":75.8,"2026":42.1}},{"slug":"umicore","name":"유미코아","name_en":"Umicore","tier":2,"returns_yearly":{"2021":-27.5,"2022":5.9,"2023":-37.1,"2024":-51.4,"2025":111.6,"2026":17}},{"slug":"sqm","name":"SQM","name_en":"Sociedad Química y Minera de Chile S.A.","tier":2,"returns_yearly":{"2021":6.8,"2022":71.8,"2023":-18.3,"2024":-39.4,"2025":89.2,"2026":12.4}},{"slug":"daejoo-electronic","name":"대주전자재료","name_en":"Daejoo Electronic Materials","tier":2,"returns_yearly":{"2021":98.4,"2022":-2.3,"2023":-19.4,"2024":48.5,"2025":-25.9,"2026":11.6}},{"slug":"dai-nippon-printing","name":"다이닛폰인쇄","name_en":"Dai Nippon Printing","tier":2,"returns_yearly":{"2021":56.5,"2022":13.9,"2023":42.6,"2024":8.5,"2025":22.5,"2026":7.4}},{"slug":"yunnan-energy","name":"Yunnan Energy (Enjie)","name_en":"Yunnan Energy New Material (SEMCORP)","tier":2,"returns_yearly":{"2021":92.8,"2022":-38.6,"2023":-72.6,"2024":-29.2,"2025":76.4,"2026":-5.3}},{"slug":"landf","name":"엘앤에프","name_en":"L&F","tier":2,"returns_yearly":{"2021":139.2,"2022":22.4,"2023":-30.3,"2024":-38.6,"2025":43.4,"2026":-8}},{"slug":"advanced-nano-products","name":"나노신소재","name_en":"Advanced Nano Products","tier":2,"returns_yearly":{"2021":56.8,"2022":66.4,"2023":13.9,"2024":-30.9,"2025":5.5,"2026":-8.1}},{"slug":"lg-chem","name":"LG화학","name_en":"LG Chem","tier":2,"returns_yearly":{"2021":-29,"2022":9.7,"2023":-36.6,"2024":-45.3,"2025":31.2,"2026":-8.6}},{"slug":"posco-future-m","name":"포스코퓨처엠","name_en":"POSCO Future M","tier":2,"returns_yearly":{"2021":-17.7,"2022":97.6,"2023":16.3,"2024":-43.6,"2025":56.5,"2026":-17.8}},{"slug":"albemarle","name":"Albemarle","name_en":"Albemarle","tier":2,"returns_yearly":{"2021":59.8,"2022":-6.6,"2023":-32.8,"2024":-39.5,"2025":67.7,"2026":-27.8}},{"slug":"skc","name":"SKC","name_en":"SKC","tier":2,"returns_yearly":{"2021":18.1,"2022":-31.9,"2023":-19.7,"2024":104.3,"2025":-25.4,"2026":-28}},{"slug":"chunbo","name":"천보","name_en":"Chunbo","tier":2,"returns_yearly":{"2021":40.4,"2022":-7.3,"2023":-65,"2024":-55.6,"2025":59.1,"2026":-32.5}},{"slug":"ganfeng","name":"Ganfeng Lithium","name_en":"Ganfeng Lithium","tier":2,"returns_yearly":{"2021":12,"2022":-17.4,"2023":-56.1,"2024":0.1,"2025":108.3,"2026":-33.5}},{"slug":"pnt","name":"피엔티","name_en":"PNT (People & Technology)","tier":2,"returns_yearly":{"2021":62.2,"2022":11.6,"2023":-17.8,"2024":12.2,"2025":31.1,"2026":-44.3}},{"slug":"enchem","name":"엔켐","name_en":"Enchem","tier":2,"returns_yearly":{"2022":-37.4,"2023":173.9,"2024":-20.5,"2025":-26.1,"2026":-79}},{"slug":"toyota-tsusho","name":"도요타통상","name_en":"Toyota Tsusho","tier":3,"returns_yearly":{"2021":15.8,"2022":23.1,"2023":85.3,"2024":-16.3,"2025":119.8,"2026":36.7}},{"slug":"posco-holdings","name":"POSCO홀딩스","name_en":"POSCO Holdings","tier":3,"returns_yearly":{"2021":13.9,"2022":19.9,"2023":43,"2024":-37.3,"2025":38.3,"2026":-1.4}},{"slug":"hoya","name":"호야","name_en":"Hoya Corporation","tier":3,"returns_yearly":{"2021":10.8,"2022":-3,"2023":34.4,"2024":11.3,"2025":24.9,"2026":-2.5}},{"slug":"cosmo-advanced-materials-technology","name":"코스모신소재","name_en":"Cosmo Advanced Materials & Technology","tier":3,"returns_yearly":{"2021":121.4,"2022":48.7,"2023":128.9,"2024":-60.4,"2025":-3.4,"2026":-9.3}},{"slug":"lotte-chemical","name":"롯데케미칼","name_en":"Lotte Chemical","tier":3,"returns_yearly":{"2021":-22.5,"2022":-3.6,"2023":-24.4,"2024":-56.1,"2025":50.1,"2026":-27}}],"analysis":"미시간 전력·가스 유틸리티 기업. 2026년 +7.2%다. 수요단(평균 -17.8%)·본주(+7.2%)·공급단(평균 -9.9%)이 비슷한 보폭이다. 전파가 한 바퀴 돈 동조 국면이라, 다음 구간은 사슬 방향보다 개별 실적이 가른다. 연결 노드 중 가장 앞선 곳은 LG에너지솔루션(-9.9%), 가장 처진 곳은 오라클(-17.8%)다. 격차가 사슬 논리로 설명되면 후자가 다음 전파 후보이고, 설명되지 않으면 그 연결 자체를 다시 봐야 한다.","analysis_en":"DTE Energy operates across Michigan electric and gas utility. It is +7.2% in 2026. Demand side (avg -17.8%), the stock (+7.2%) and supply side (avg -9.9%) are moving in step. Propagation has completed a lap, so the next leg depends on individual results more than chain direction. Among connected nodes the furthest ahead is LG Energy Solution (-9.9%) and the furthest behind is Oracle (-17.8%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Its operating and capital spending covers generation fuel, market power, grid infrastructure and energy storage, while large-load contracts such as data centers provide a new source of growth.","analysis_asof":"2026-09-04"},"edges":[{"direction":"investment","counterparty":"오사카가스","counterparty_slug":"osaka-gas","confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2026-02-17","basis":"오사카가스 미국법인 소유 123MW 열병합발전 시설 인수 대가","value":216000000,"period":"acquisition closed 2025-08-14","basis_en":"Consideration for the 123 MW cogeneration facility acquired from Osaka Gas USA Corporation","qualifier":null},"note":"DTE Sustainable Generation은 오사카가스 미국법인에서 미시간의 123MW 열병합발전 시설을 인수했다. 운전자본 조정을 포함한 인수 대가는 약 2억1,600만달러였다.","note_en":"DTE Sustainable Generation acquired a 123 MW cogeneration facility in Michigan from Osaka Gas USA Corporation. Consideration was approximately $216 million, including working-capital adjustments.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-17","url":"https://www.sec.gov/Archives/edgar/data/936340/000093634026000054/dte-20251231.htm","title":"DTE Energy 2025 Form 10-K","title_en":"DTE Energy 2025 Form 10-K","excerpt":"DTE는 오사카가스 미국법인에서 123MW 열병합발전 시설을 인수했다고 공시했다.","excerpt_en":"purchase of a 123 MW cogeneration facility ... from Osaka Gas USA Corporation"}]},{"direction":"revenue","counterparty":"Midcontinent Independent System Operator","counterparty_slug":null,"confidence":"high","metric":{"type":"count","unit":"MWh","as_of":"2026-02-17","basis":"MISO 에너지시장에 판매한 interconnection sales 물량","value":11691000,"period":"FY2025","basis_en":"Interconnection sales volume sold into the MISO energy market","qualifier":null},"note":"DTE Electric은 자체 발전량이 고객 수요를 웃돌 때 MISO 시장에 전력을 판매한다. 2025년 공시된 interconnection sales는 1,169만1,000MWh였다.","note_en":"DTE Electric sells power into the MISO market when its generation exceeds customer demand. Reported interconnection sales were 11.691 million MWh in 2025.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-17","url":"https://www.sec.gov/Archives/edgar/data/936340/000093634026000054/dte-20251231.htm","title":"DTE Energy 2025 Form 10-K","title_en":"DTE Energy 2025 Form 10-K","excerpt":"2025년 interconnection sales는 1,169만1,000MWh로 공시됐다.","excerpt_en":"Interconnection sales 11,691"}]},{"direction":"revenue","counterparty":"Oracle","counterparty_slug":"oracle","confidence":"high","metric":{"type":"capacity","unit":"GW","as_of":"2026-04-16","basis":"Oracle 자회사 Green Chile Ventures 데이터센터의 계약 전력 부하","value":1.383,"period":"contract through 2045-02-28","basis_en":"Contracted electric load for the Green Chile Ventures data center, an Oracle subsidiary","qualifier":null},"note":"DTE Electric은 Oracle 자회사 Green Chile Ventures의 미시간주 살린 데이터센터에 전력을 공급하는 장기 계약을 체결했다. 미시간 공공서비스위원회는 계약 대상 부하를 1.383GW로 확인했고, SEC 계약서는 Oracle의 모회사 지급보증을 요구한다.","note_en":"DTE Electric signed a long-term agreement to supply electricity to Green Chile Ventures, an Oracle subsidiary operating a data center in Saline Township, Michigan. The Michigan Public Service Commission identified 1.383 GW of load, while the SEC-filed contract requires an Oracle parent guaranty.","sources":[{"stance":"mentions","publisher":"삼성증권 리서치센터","publisher_en":"Samsung Securities Research Center","kind":"research","lang":"ko","published_at":"2026-05-28","url":"https://www.samsungpop.com/common.do?cmd=down&contentType=application/pdf&fileName=2020/2026052808584804K_02_01.pdf&inlineYn=Y&saveKey=research.pdf","title":"(ESS Pulse) AI DC향 ESS 수주 본격화","title_en":"ESS Pulse: AI Data Center ESS Orders Take Off","excerpt":"그 중 하나가 오라클 및 Open AI가 주도하는 Stargate AI 데이터센터(1.4GW 규모 데이터센터로 올해 3월 착공).","excerpt_en":"One project is the 1.4 GW Stargate AI data center led by Oracle and OpenAI, which broke ground in March."},{"stance":"confirms","publisher":"미시간 공공서비스위원회","publisher_en":"Michigan Public Service Commission","kind":"filing","lang":"en","published_at":"2026-04-16","url":"https://openmpsc.com/api/v1/cases/U-21990/filings/U-21990-0046/download","title":"DTE Electric 특별계약 사건 U-21990 최종명령 및 재심명령","title_en":"DTE Electric Special Contracts Case U-21990 Final and Rehearing Orders","excerpt":"위원회 문서는 Green Chile Ventures를 Oracle 자회사로 밝히고 데이터센터 부하를 1.383GW로 적었다.","excerpt_en":"GCV, a subsidiary of Oracle Corporation ... a 1.383 gigawatt data center facility"},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-17","url":"https://www.sec.gov/Archives/edgar/data/28385/000093634026000054/a20251231exhibit101.htm","title":"DTE Electric과 Green Chile Ventures 간 D11 전력공급계약","title_en":"Schedule Designation D11 Primary Supply Agreement between DTE Electric and Green Chile Ventures","excerpt":"계약은 Oracle Corporation의 모회사 지급보증을 고객 신용지원으로 요구한다.","excerpt_en":"a guaranty ... from Oracle Corporation ... the Customer Parent Guarantor"}]},{"direction":"cost","counterparty":"Midcontinent Independent System Operator","counterparty_slug":null,"confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2026-02-17","basis":"MISO 시장 전력 순매수액","value":null,"period":"FY2025","basis_en":"Net power purchases from the MISO market","qualifier":"confirmed_no_disclosed_value"},"note":"DTE Electric은 수요 정점과 대형 발전소 정지 때 자체 발전을 보완하기 위해 MISO 시장에서 전력을 산다. 공시는 DTE Electric을 순매수자로 규정하지만 상대별 연간 구매액은 공개하지 않았다.","note_en":"DTE Electric buys power in the MISO market to supplement its generation during peak demand and major plant outages. The filing describes DTE Electric as a net purchaser but does not disclose an annual counterparty-specific purchase amount.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-17","url":"https://www.sec.gov/Archives/edgar/data/936340/000093634026000054/dte-20251231.htm","title":"DTE Energy 2025 Form 10-K","title_en":"DTE Energy 2025 Form 10-K","excerpt":"DTE Electric은 고객 수요를 맞추기 위해 MISO에서 전력을 순매수한다.","excerpt_en":"DTE Electric is a net purchaser of power"}]},{"direction":"cost","counterparty":"LG에너지솔루션","counterparty_slug":"lg-energy-solution","confidence":"mid","metric":{"type":"contract_value","unit":"USD","as_of":"2026-05-28","basis":"LG에너지솔루션 ESS 배터리 6GWh 공급계약 총액","value":1600000000,"period":"approximately two years from 2026","basis_en":"Total value of the 6 GWh ESS battery supply contract with LG Energy Solution","qualifier":null},"note":"DTE 에너지는 LG에너지솔루션에서 2년 동안 6GWh 규모의 ESS 배터리를 공급받기로 했다. 공개된 계약 규모는 16억달러이며, 미시간 전력망과 Oracle 데이터센터 지원 프로젝트에 투입될 예정이다.","note_en":"DTE Energy agreed to buy 6 GWh of energy-storage batteries from LG Energy Solution over two years. The disclosed contract value is $1.6 billion, with deployment planned across Michigan grid projects including support for the Oracle data center.","sources":[{"stance":"confirms","publisher":"전자신문","publisher_en":"Electronic Times","kind":"news","lang":"ko","published_at":"2026-05-28","url":"https://www.etnews.com/20260528000145","title":"LG에너지솔루션, 美 DTE에너지와 2조4000억 규모 ESS 공급 계약","title_en":"LG Energy Solution Signs $1.6 Billion ESS Supply Contract with DTE Energy","excerpt":"DTE에너지와 총 6기가와트시 규모의 에너지저장장치 배터리 공급 계약을 체결했다고 27일 밝혔다.","excerpt_en":"LG Energy Solution said it signed a 6 GWh ESS battery supply contract with DTE Energy on May 27."},{"stance":"confirms","publisher":"삼성증권 리서치센터","publisher_en":"Samsung Securities Research Center","kind":"research","lang":"ko","published_at":"2026-05-28","url":"https://www.samsungpop.com/common.do?cmd=down&contentType=application/pdf&fileName=2020/2026052808584804K_02_01.pdf&inlineYn=Y&saveKey=research.pdf","title":"(ESS Pulse) AI DC향 ESS 수주 본격화","title_en":"ESS Pulse: AI Data Center ESS Orders Take Off","excerpt":"DTE Energy는 16억달러 규모의 ESS 공급계약을 체결. 향후 2년 내 1.5GW/6.0GWh의 배터리 ESS 공급 계획.","excerpt_en":"DTE Energy signed a $1.6 billion ESS contract for 1.5 GW and 6.0 GWh over the next two years."}]}]}