July 23 (Renewables Now) - Portland General Electric Co (NYSE:POR), or PGE, is seeking regulatory clearance to add 150 average megawatts (MW) of new renewable power capacity by 2023 under its new integrated resource plan.
The utility has submitted the plan for approval to the Oregon Public Utility Commission (PSC), it said on Monday. Apart from renewables, the proposal includes measures to enhance energy efficiency, steps to meet capacity needs and increase reliance on demand response in order to address climate change issues.
The integrated resource plan will now undergo a public review process before the PSC decides whether the utility has identified “an appropriate least-cost, least-risk plan to reliably serve customers.” PGE noted that the plan does not envisage installing any greenhouse gas-emitting power capacity.
A decision on the proposal is expected to be issued by the first quarter of next year.