other material
confidence high
sentiment positive
materiality 0.60
PGE finalizes 2023 RFP shortlist with 1.7 GW of renewable and battery capacity; seeks OPUC approval
PORTLAND GENERAL ELECTRIC CO /OR/
- Group A: four top-performing bids totaling 416 MW renewable (solar) and 400 MW battery storage.
- Group B: five battery-storage bids totaling 885 MW, providing capacity options for remaining need.
- PGE plans to submit final shortlist to OPUC on Sept 17, 2024; targets contract execution by Q1 2025.
- Resources include PPAs and Build Transfer Agreements for both company-owned and contracted capacity.