In 2024, PGE saw increases in clean energy
resources, large customer participation in voluntary clean energy
programs, record fish returns at hydro facilities and increases in
employee volunteerism.
PORTLAND, Ore., March 5,
2025 /PRNewswire/ -- Portland General Electric (PGE)
today reported a record 45% of the energy it generated and procured
came from non-carbon-emitting resources in 2024. This represents a
7% compounded growth rate in PGE's non-emitting resource mix since
2020, building on the company's commitment to reach net-zero by
2040.
The data was reported in the company's 2024 Environmental,
Social and Governance Report, "Advancing Toward a Clean Energy
Future," which details the company's progress in creating resilient
energy, thriving communities, and ethical governance.
The increase in clean energy is partly due to new renewable
resources including the Clearwater Wind Energy Center and battery
storage systems which brought increased availability and
reliability to PGE's energy mix. These systems, along with the rest
of PGE's technology and infrastructure, work together to provide
reliable, clean energy even when the wind doesn't blow and the sun
doesn't shine.
"While we work to meet the challenges of Oregon's ambitious clean energy targets, we
also remain firmly committed to providing safe, reliable power as
affordably as possible," said Kristen
Sheeran, PGE's Vice President of Policy and Resource
Planning.
The role of PGE customers in support of a modern, reliable grid
also increased in 2024. Twenty-four percent of PGE's residential
households participated in voluntary programs to shift energy use
and lend flexibility to the grid during times of peak demand. The
result, during a two-day heatwave in July, was a more than
100-megawatt reduction in demand, which PGE equated to the energy
used by 90,000 homes over a four-hour period.
2024 was also the 15th year in a row in which PGE has
achieved a Number One ranking from the U.S. Department of
Energy's National Renewable Energy Laboratory for the largest
customer participation in a renewable energy program among U.S.
electric utilities.
Additionally, strong environmental stewardship at PGE's hydro
facilities led to record-setting fish returns on the Clackamas and Deschutes Rivers. This includes
the highest steelhead return to Round Butte Dam since dams were
completed in the 1960s.
Employee and corporate giving also increased. The total company
charitable giving from corporate contributions, PGE Foundation,
current and retired employees and company match was $5.5 million in 2024. PGE awarded 55
scholarships, focused on higher education for underrepresented
students, women and students with demonstrated financial need.
Employees and retirees donated nearly 23,000 total volunteer hours,
and 66% of PGE employees participated in charitable giving and/or
volunteerism.
To read the full 2024 Environmental, Social and Governance
Report, "Advancing Toward a Clean Energy Future,"
visit portlandgeneral.com/sustainability.
About Portland General Electric Company
Portland
General Electric (NYSE: POR) is an integrated energy company that
generates, transmits and distributes electricity to over 950,000
customers serving an area of 1.9 million Oregonians. Since 1889,
Portland General Electric (PGE) has been powering social progress,
delivering safe, affordable, reliable and increasingly clean
electricity while working to transform energy systems to meet
evolving customer needs. PGE customers have set the standard for
prioritizing clean energy with the No. 1 voluntary renewable energy
program in the country. PGE was ranked the No. 1 utility in the
2024 Forrester U.S. Customer Experience Index and is committed to
reducing emissions from its retail power supply by 80% by 2030 and
100% by 2040. In 2024, PGE employees, retirees and the PGE
Foundation donated $5.5 million and
volunteered nearly 23,000 hours to more than 480 nonprofit
organizations. For more information visit
www.PortlandGeneral.com/news
Contact Info:
PGE Communications,
PGECommunications@pgn.com; 503-464-2067
Source: Portland General Company
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SOURCE Portland General Electric
