Photo: RALF HIRSCHBERGER / AFP / Getty Images
Photo: Getty Images
Portland General Electric filed with the Oregon Public Utility Commission its final shortlist of recommended projects submitted in response to its 2023 All-Source Request for Proposal (RFP). This RFP, a competitive bidding process to obtain the lowest cost, least-risk clean energy projects, was the company’s largest open application process to date. The selections demonstrate a commitment to serving customers reliable, clean power, while working to keep customer prices as low as possible.
Projects on the final shortlist include renewable energy and capacity resources that offer the best value to customers, including solar, lithium-ion battery storage, and hybrid (solar + storage) projects, located within the state of Oregon. Shortlist selections represent approximately 1700 MW of nameplate resources.
“Customers are counting on PGE to decarbonize our energy portfolio and modernize the electric grid, all while maintaining safety, reliability, and working to keep prices as low as possible,” said Maria Pope, PGE President & CEO.
PGE declined to proceed with projects from the pool of bids that were not mature enough in development to be cost-effective, which together represented an additional 1000 MW of resources. Following the completion of this RFP, PGE will initiate its next procurement process on an accelerated timeline, seeking additional clean energy resources from the market that offer reliability and efficiency at the lowest cost to customers. In this subsequent RFP, PGE will seek bids for renewable and capacity projects that are reasonably and appropriately priced.
PGE’s All-Source Request for Proposal is an open and competitive process that aligns with Oregon’s competitive bidding rules and the OPUC-approved scoring and evaluation method. As the company reduces emissions, PGE is pursuing a number of actions in addition to the RFP process, including community-based renewable energy projects, transmission solutions, energy efficiency, flex load and customer demand-response programs. Together, these actions are helping PGE decarbonize its power supply while adding reliable, clean energy resources to Oregon’s energy portfolio.
Source: Portland General Electric