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Portland General Electric's Remarkable Progress in Clean Energy

Portland General Electric (PGE) has recently unveiled its 2024 Environmental, Social and Governance (ESG) Report, titled "Advancing Toward a Clean Energy Future." The report reveals that the company has achieved a groundbreaking 45% of its total energy generation from non-carbon-emitting resources, marking a significant milestone in its commitment to sustainability.

Growth Trajectory in Clean Energy Resources

In the past four years, PGE has realized a compound growth rate of 7% in its non-carbon energy resource mix since 2020. This achievement reflects the company's ongoing dedication to its net-zero goal by 2040. The increase in clean energy resources has largely been attributed to the operationalization of state-of-the-art renewable energy facilities, such as the Clearwater Wind Energy Center and advanced battery storage systems.

These facilities not only enhance the availability of clean energy but also ensure reliability during periods when natural energy sources like wind and sun are less plentiful. This innovation is a pivotal part of PGE's strategy to meet Oregon's ambitious clean energy targets while simultaneously providing safe, reliable power to its customers at affordable rates.

Community Engagement and Customer Participation

The role of PGE's customers has also evolved, with a notable increase in participation in voluntary clean energy programs. In 2024, 24% of residential customers actively engaged in initiatives aimed at shifting energy usage patterns. This resulted in a remarkable reduction of over 100 megawatts in energy demand during a critical heatwave, equivalent to the consumption of approximately 90,000 homes over four hours. This collaboration emphasizes the importance of a modern and adaptable energy grid, demonstrating how consumers can play a crucial role in energy management.

PGE's dedication to customer involvement has earned it the top ranking in the customer participation metrics among U.S. electric utilities for the 15th consecutive year, as recognized by the U.S. Department of Energy's National Renewable Energy Laboratory. This status solidifies PGE's reputation as a leader in renewable energy initiatives and highlights its positive impact on the community.

Environmental Stewardship and Community Support

Beyond energy generation and customer programs, PGE has made significant strides in environmental stewardship. The company has reported record fish returns in waterways impacted by its hydroelectric facilities, including unprecedented steelhead migrations in the Clackamas and Deschutes Rivers. Such ecological successes are a testament to PGE's commitment to maintaining biodiversity while enhancing its energy infrastructure.

Furthermore, PGE's commitment to giving back to the community has seen corporate and employee charitable contributions rise to $5.5 million in 2024. This includes awarding 55 scholarships aimed at supporting higher education for underrepresented groups and financially challenged students. Volunteer hours provided by employees and retirees were nearly 23,000, with about 66% of PGE's workforce actively participating in charitable initiatives.

Looking Ahead

The 2024 ESG report not only outlines PGE's current achievements but serves as a blueprint for its future direction as it continues striving towards a more sustainable energy landscape. As they continue to innovate and engage with the community, PGE sets a high standard for corporate responsibility and environmental leadership in the energy sector.

To explore the full details of the 2024 Environmental, Social and Governance Report, visit Portland General's Sustainability Page.

With its robust record of clean energy advancements and community contributions, PGE stands as a beacon of sustainable practices in the energy industry, reaffirming its role in propelling Oregon towards a greener future.