Oregon utility Portland General Electric Co (NYSE:POR), or PGE, plans to almost triple its clean energy resources by 2030 as it aims to reduce greenhouse gas (GHG) emissions from power served to customers by at least 80% by that year.
Along with exiting coal, the 2030 target will require about 1,500 MW-2,000 MW of clean and renewable resources and some 800 MW of non-emitting dispatchable capacity resources, it estimates.
The company today accordingly started a request for proposals (RFP) public process, seeking, together with customers, about 1,000 MW of resources. This includes bringing on 375 MW-500 MW of renewables for customers. PGE will also be looking for 375 MW of non-emitting dispatchable capacity resources and 100 MW for Green Tariff Phase 2 PSO option (PGE supply option).
The company also filed its inaugural Distribution System Plan (DSP) at the Oregon Public Utilities Commission. PGE expects that up to 25% of the power needed on the hottest and coldest days could come from customers and distributed energy resources like solar panels, batteries and electric vehicles.
"Working collaboratively with our stakeholders, we are advancing plans to add more renewables and non-emitting resources and partnering with our customers on building an equitable, two-way electric grid," said Brett Sims, PGE vice president of strategy, regulation and energy supply.
In addition, the firm filed an extension waiver for the next Integrated Resource Plan (IRP) in view of Oregon's new clean energy law, HB 2021.
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