US utility PGE buys 75-MW battery storage scheme in Oregon
An aerial photograph of Eolian LP's Madero & Ignacio battery energy storage facility in Texas. Image by: Portland General Electric.
US utility Portland General Electric (NYSE:POR), or PGE, has acquired a 75-MW battery energy storage project in Oregon and is getting ready to enter construction soon.
The Portland-based company said last week that it expects the facility to enter commercial operations in 2024.
To be installed in Hillsboro, the Evergreen battery will be owned by PGE and Minnesota-based construction engineering company Mortenson. According to PGE, the system will provide essential non-emitting dispatchable capacity and thus contribute significantly to Oregon’s clean energy transition.
The acquisition, the value of which was not disclosed, comes on the heels of PGE’s procurement of 400 MW of battery projects in April. A month later, the utility filed a draft request for proposals (RfP) with the Oregon Public Utility Commission, seeking to integrate more clean energy resources into its portfolio. Under the plan, it will target bids for additional non-emitting dispatchable capacity resources, such as batteries, and renewable power generation.
PGE aims to achieve at least an 80% reduction in greenhouse gas emissions from power served to customers by 2030 and 100% by 2040.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.