Portland General Electric

Portland General Electric
NIST Sector	Utility
GICS Industrial	Utilities
Smart Tag(s)
Business type	"Public Company" is not in the list (Sole proprietorship, Partnership, Nonprofit, Other, Federal Government, State Government, Local Government, Public, Employee Owned, Private, ...) of allowed values for the "Has biztype" property.
Year Founded	1888
Founder(s)	Parker F. Morey Edward L. Eastham
City, State	Portland
Country	Oregon
Region Served	Local
Executives	Maria Pope President
Revenue	$1,900,000,000€ 1,672,000,000 <br />£ 1,406,000,000 <br />CA$ 2,413,000,000 <br />CNY 12,027,000,000 <br />KRW 2,328,355,000 <br />
Number of employees	2,646
Sponsorship Level	Of Interest

Members

Portland General Electric is a Fortune 1000 public utility based in Portland, Oregon. It distributes electricity to customers in parts of Multnomah, Clackamas, Marion, Yamhill, Washington, and Polk counties - 44% of the inhabitants of Oregon.

Activities

		Beaverton Electric Bus Pilot
		TriMet purchased five electric buses thanks to a federal grant and support from Portland General Electric. These buses will operate on 62-Murray Blvd in Beaverton.
		Electric Island
		Electric Island is located across the street from DTNA headquarters, less than one mile from I-5, and represents the first location specifically designed for medium- and heavy-duty trucks aligned to the blueprint of the West Coast Clean Transit Corridor Initiative (WCCTCI). WCCTCI’s collaboration between nine electric utilities and two government agencies yielded a strategic plan in 2020 to electrify 1,300 miles of I-5 across the three West Coast states to provide publicly available charging for freight and delivery trucks.
		Electric Mobility Hub Demonstration
		An inviting & equitable community space that showcases electric mobility, integrates the street to the neighborhood, and serves as a model for future hubs.
		OMSI Development
		The OMSI Consortium is soliciting subject matter experts and qualified vendors to participate in a series of short virtual workshops during the months of October-December 2020, culminating in a Q1 2021 Request for Proposal (RFP) to build a showcase integrated district infrastructure solution to serve the Oregon Museum of Science and Industry’s 23-acre site with the potential to develop up to 3 million square feet of new, low-carbon, mixed-use construction in Portland’s Central City Plan District. Workshop details will be released to confirmed participants.
		PGE Renewable Development Fund
		The PGE Renewable Development Fund awards grants for clean energy projects in the community. These are funded by PGE customers who choose Green Future renewable energy programs.
		Portland Electric Avenue
		Electric Avenue officially opened at the World Trade Center Portland in 2016 and is located on the Northside of Southwest Salmon Street in downtown Portland. It offers street access charging stations to allow visitors to charge their personal electric vehicles while visiting the World Trade Center and neighboring offices.
		Portland General Electric’s 400 MW Battery Energy Storage Project
		Portland General Electric (PGE) has launched the largest battery storage project in Oregon, adding 400 MW of non-emitting capacity across two locations to bolster clean energy reliability and support the state’s transition to renewable power. These battery storage facilities, located in Seaside and Troutdale, will provide enough energy to power approximately 260,000 homes for up to four hours during peak demand, directly supporting PGE’s carbon reduction goals. The Seaside facility, developed by Eolian, and the Troutdale facility, owned by NextEra Energy Resources, are anticipated to go online by 2025 and 2024, respectively. This project enhances grid flexibility and resilience, positioning PGE to integrate more renewable sources like wind and solar into its portfolio while reducing greenhouse gas emissions in alignment with Oregon's clean energy targets.
		SmartGrid Advanced Load Management & Optimized Neighborhood
		Situated in Portland’s Overlook/Arbor Lodge neighborhood, this project is focused on a disadvantaged, low and moderate income community that is currently facing gentrification. This project represents a mix of retrofitted residential and commercial buildings that are currently part of a PGE SmartGrid TestBed site. Using DERs as resources in bulk capacity markets as a grid service is novel and will serve as a precedent for nearly 100 utilities in the region.
		West Coast Clean Transit Corridor
		The West Coast Clean Transit Corridor Initiative is an ongoing, collaborative effort among 16 utilities to support the development of electric vehicle charging facilities along I-5, from San Diego to British Columbia, for heavy- and medium-duty freight haulers and delivery trucks.
		Wilsonville Long-Duration Storage System Demonstration
		Build a 3 MWh Long-Duration Storage System to demonstrate multiple use cases, including frequency response, contingency reserve, voltage and VAR support, demand response and resource optimization. The project will be located on land adjacent to ESS’ factory headquarters in Wilsonville, Oregon.

		ULI Northwest: A Path to Net Zero Carbon
		Electrify Everything Panel
		PGE Drive Change Fund
		Drive Change Fund has awarded millions of dollars to projects, including new electric vehicles and chargers, to help electrify transportation in Oregon.
		First-of-its-kind Heavy-Duty Electric Truck Charging Site
		Daimler Trucks North America (DTNA) and Portland General Electric (PGE) opened to the public today the first-of-its-kind heavy-duty electric truck charging site, called “Electric Island.” Electric Island will help accelerate the development, testing and deployment of zero emissions (tank to wheel) commercial vehicles, like the ones manufactured by DTNA.
		PGE Integrated Resource Plan Update 2021
		The year since the Commission acknowledged our 2019 IRP has been extraordinarily challenging. Our customers, employees, regulators, and process participants have faced severe tragedies and daily stress due to the COVID-19 pandemic, economic hardship, the ongoing struggle against systemic racial injustice, the worsening climate crisis, and destructive wildfires. The energy industry, already undergoing profound change, is once again adapting to rapidly evolving needs, priorities, operating constraints, and possibilities.
		PGE Integrated Resource Plan
		This is the first plan developed since we made our commitment to cut PGE’s greenhouse gas emissions by more than 80% by 2050. It proposes measured steps we can take today to address the climate crisis, while allowing flexibility for adjustments as technology and policies continue to evolve.

		The Evolution of the Built Environment
		"At PGE, sustainability means business practices that support a vibrant economy, a healthy environment and strong communities today and into the future. It’s not a nice-to-have — it’s a must. As we make progress toward our environmental, social and governance goals, we’ll focus on how to become sustainable in everything we touch, including what we do for our customers." Maria M. Pope, President and CEO

Details

Portland General Electric (PGE) is a Fortune 1000 public utility based in Portland, Oregon. It distributes electricity to customers in parts of Multnomah, Clackamas, Marion, Yamhill, Washington, and Polk counties - 44% of the inhabitants of Oregon. Founded in 1888 as the Willamette Falls Electric Company, the company has been an independent company for most of its existence, though was briefly owned by the Houston-based Enron Corporation from 1997 until 2006 when Enron divested itself of PGE during its bankruptcy.

Notably, PGE does not serve all of Portland. Its service territory comprises most of Portland west of the Willamette River, sharing most of the city east of the river with Pacific Power.

PGE produces and purchases energy primarily from coal and natural gas plants, as well as hydroelectric power from dams on the Clackamas, Willamette and Deschutes rivers. Between 1976 and 1993, PGE operated Trojan, the only nuclear power plant in Oregon. Trojan was the subject of three Oregon initiatives to shut it down. The initiatives failed, but the company elected to close the plant twenty years early.

Projects

		[[Beaverton Electric Bus Pilot]]
		TriMet purchased five electric buses thanks to a federal grant and support from Portland General Electric. These buses will operate on 62-Murray Blvd in Beaverton.
		[[Electric Island]]
		Electric Island is located across the street from DTNA headquarters, less than one mile from I-5, and represents the first location specifically designed for medium- and heavy-duty trucks aligned to the blueprint of the West Coast Clean Transit Corridor Initiative (WCCTCI). WCCTCI’s collaboration between nine electric utilities and two government agencies yielded a strategic plan in 2020 to electrify 1,300 miles of I-5 across the three West Coast states to provide publicly available charging for freight and delivery trucks.
		[[Electric Mobility Hub Demonstration]]
		An inviting & equitable community space that showcases electric mobility, integrates the street to the neighborhood, and serves as a model for future hubs.
		[[OMSI Development]]
		The OMSI Consortium is soliciting subject matter experts and qualified vendors to participate in a series of short virtual workshops during the months of October-December 2020, culminating in a Q1 2021 Request for Proposal (RFP) to build a showcase integrated district infrastructure solution to serve the Oregon Museum of Science and Industry’s 23-acre site with the potential to develop up to 3 million square feet of new, low-carbon, mixed-use construction in Portland’s Central City Plan District. Workshop details will be released to confirmed participants.
		[[PGE Renewable Development Fund]]
		The PGE Renewable Development Fund awards grants for clean energy projects in the community. These are funded by PGE customers who choose Green Future renewable energy programs.
		[[Portland Electric Avenue]]
		Electric Avenue officially opened at the World Trade Center Portland in 2016 and is located on the Northside of Southwest Salmon Street in downtown Portland. It offers street access charging stations to allow visitors to charge their personal electric vehicles while visiting the World Trade Center and neighboring offices.
		[[SmartGrid Advanced Load Management & Optimized Neighborhood]]
		Situated in Portland’s Overlook/Arbor Lodge neighborhood, this project is focused on a disadvantaged, low and moderate income community that is currently facing gentrification. This project represents a mix of retrofitted residential and commercial buildings that are currently part of a PGE SmartGrid TestBed site. Using DERs as resources in bulk capacity markets as a grid service is novel and will serve as a precedent for nearly 100 utilities in the region.
		[[West Coast Clean Transit Corridor]]
		The West Coast Clean Transit Corridor Initiative is an ongoing, collaborative effort among 16 utilities to support the development of electric vehicle charging facilities along I-5, from San Diego to British Columbia, for heavy- and medium-duty freight haulers and delivery trucks.
		[[Wilsonville Long-Duration Storage System Demonstration]]
		Build a 3 MWh Long-Duration Storage System to demonstrate multiple use cases, including frequency response, contingency reserve, voltage and VAR support, demand response and resource optimization. The project will be located on land adjacent to ESS’ factory headquarters in Wilsonville, Oregon.