PGE bolsters reliability of clean energy transition with region's largest battery storage addition
PORTLAND, Ore., April 28, 2023 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today announced the procurement of 400 megawatts (MWAC) of new battery storage projects – a critical tool in Oregon's clean energy transition and the largest single procurement of standalone energy storage to date by a utility in the U.S. outside the state of California. These projects, located at substations close to electrical demand, will store enough electricity to power all PGE customer homes in a city the size of Portland for an entire evening on battery-delivered energy alone.
- PGE will purchase the output from a subsidiary of NextEra Energy Resources through a 20-year Storage Capacity Agreement.
- "Battery storage is an important component of the clean energy economy.
- As PGE integrates more intermittent clean energy resources, like wind and solar plants, battery storage systems provide consistency, facilitating the reduction of greenhouse gas emissions and making progress toward Oregon's 2030 clean energy target.
- "The Troutdale battery storage project, in addition to the Wheatridge Renewable Energy Facilities , the first utility-scale energy facilities in North America to co-locate wind, solar and battery storage, really demonstrate the tremendous results that great collaboration can achieve."