Integrated Resource Planning and Clean Energy Planning

• PGE has made significant progress since 2021. PGE has added and contracted for over 3 gigawatts of utility-scale clean energy to the system and has reduced emissions associated with retail service by 25% compared to the baseline established in HB 2021.

• The planning environment has changed, creating significant headwinds for PGE’s decarbonization journey. Changing federal policy, increased competition for resources, transmission constraints, and unresolved exposure to wildfire risks have impacted PGE’s path forward. These dynamics increase the importance of PGE's access to financing options that secure the capital needed for customer investments at the lowest possible cost. Finance constraints could affect the pace and sequencing of actions needed to maintain reliability, manage affordability and continue progress towards clean energy targets.

• PGE is introducing two distinct planning portfolios that inform the near-term Action Plan. PGE has identified a HB 2021 Preferred Portfolio that achieves the emissions reduction targets as stated in HB 2021, and has also identified a Continued Progress portfolio, which better balances decarbonization progress with affordability.

• PGE’s customers and stakeholders have been clear that affordability is a primary priority. PGE’s near-term Action Plan seeks demand-side, supply-side, and transmission portfolio additions with prioritization of the most cost-competitive opportunities with flexibility to adjust as the planning environment evolves. This plan focuses on flexibility, allowing PGE to act quickly and secure the lowest costs possible for customers.

• Transmission plays an essential role in decarbonization. Access to diverse resources and geographic locations becomes increasingly important as PGE continues to procure the clean energy resources needed to serve customers and increases participation in regional markets.

• The clean energy transition must remain adaptable. Oregon’s statutory decarbonization requirements remain an important planning driver, while changes in federal policy, technology costs, resource availability, and customer affordability require flexibility in how PGE achieves continued emissions reductions.

• Clean energy remains central to near- and long-term strategies. Continued deployment of current generation technologies delivered to PGE using near-term transmission service plans can meet reliability needs over the upcoming five years.

• Achievement of 80% emissions reductions come at a significant cost. Near-term clean energy deployment enables emissions reductions, but costs and challenges of incremental reductions increase beyond 60% by 2030. This indicates concerning customer affordability impacts from the remaining 20% of reductions.

2026 CEP & IRP full document

Executive Summary

• Chapter 1. Clean Energy Plan

• Chapter 2. Near Term Action Plan

• Chapter 3. Planning Environment

• Chapter 4. Modeling and Process Overview

• Chapter 5. Transmission Requirements

• Chapter 6. General Requirements

• Chapter 7. Portfolio Analysis

• Appendix A. Acronyms

• Appendix B. Compliance Summary

• Appendix C. Community Engagement—2026 Clean Energy Plan and Integrated Resource Plan

• Appendix D. Community Benefits Indicators

• Appendix E. DEQ Emissions

• Appendix F. Existing PGE Systems and Contracts

• Appendix G. Resource Options

• Appendix H. IRP Modeling Details

• Appendix I. Scenario Descriptions

• Appendix J. PGE Grid Enhancing Technologies (GETs) Strategy—2026 IRP

• Appendix K. Long Term Transmission Options

• Appendix L. Short Term Transmission Options

• Appendix M. Renewable Portfolio Standard (RPS) Implementation Plan (RPIP)

• Appendix N. Renewable Energy Certificates Discussion

• Appendix O. Grants

• Appendix P. Energy Trust of Oregon Methodology

• Appendix Q. Sylvan Energy Analytics Flexibility Study

• Appendix R. Energy Strategies Analysis