December 1, 2022--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Portland General Electric Company (PGE) (NYSE:POR) (Portland, Oregon) has long been among the nation's greenest utilities. The National Renewable Energy Laboratory (NREL) (Golden, Colorado), a U.S. Department of Energy facility, has designated PGE as having the No. 1 renewable energy program in the U.S. for more than a decade.
PGE plans to add significant amounts of new renewable and non-emitting generation as it seeks to achieve net-zero carbon emissions by 2040. In an "About Us" brochure, the utility said it expects "to nearly triple our clean and renewable resources on our way to reducing by at least 80% greenhouse gas (GHG) emissions from power served to customers by 2030. We'll achieve a 90% GHG reduction by 2035 and a 100% reduction by 2040."
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