31 Oct '17, 9pm

Oregon Utility to Propose $50M-$100M in Energy Storage Projects

Oregon Utility to Propose $50M-$100M in Energy Storage Projects

Portland General Electric (PGE) will file an official energy storage proposal with the Oregon Public Utility Commission (OPUC) by mid-November, according to PGE President and incoming CEO Maria Pope. “We propose about 39 MW of energy storage to be developed over the next several years, which will include a number of projects in a variety of locations, including existing generation, distribution and customer sites,” Pope said on Oct. 27 during a 3Q17 earnings conference call. She added that the capital cost of the projects is estimated to be between $50 million and $100 million. The Oregon legislature in 2015 passed a law requiring Oregon’s utilities to acquire energy storage. At the end of last year, the OPUC issued an order that, among other things, adopted guidelines for utility energy storage proposals and set competitive bidding requirements for storage procurements. P...

Full article: http://www.renewableenergyworld.com/articles/2017/10/oreg...

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