Sourcing Renewables - October 18, 2021
PGE to Triple RE Portfolio by 2030
Portland General Electric announced Oct. 15 its plan to nearly triple the amount of clean energy in its portfolio by 2030.
The energy company is pursuing a target to reduce emissions from the power it gives to customers by at least 80% by 2030, 90% by 2035 and reaching net zero emissions by 2040. PGE estimates that it will need 1,500-2,000 MW of renewable energy sources and 800 MW of non-emitting dispatchable capacity resources in its portfolio, in addition to removing coal, in order to reach these targets. The company plans to leave its affiliation with the coal-fired Colstrip plant by the end of 2025.
PGE also released its request for proposals for 1,000 MW of clean energy and filed its inaugural Distribution System Plan, which outlines a plan for including customers in their energy management decisions, at the Oregon Utilities Commission.
“We are taking action to reduce greenhouse gas emissions while maintaining an affordable, reliable energy future for everyone,” Brett Sims, PGE vice president of Strategy, Regulation and Energy Supply, said in a statement. “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.”
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