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PGE Aims for Companywide Net-Zero Greenhouse Gas Emissions by 2040

Nov. 20, 2020
Goal to address climate change, continue building Oregon's clean energy future.

Portland General Electric (PGE) recently announced a new companywide goal of achieving net-zero greenhouse gas emissions by 2040, recognizing the urgent need to address climate change. The PGE also announced a new goal to meet customer expectations for clean energy, pledging to reduce greenhouse gas emissions associated with the power served to customers by 80% by 2030, and setting an aspirational goal for zero greenhouse gas emissions associated with the power served to customers by 2040.

"Our future depends on taking immediate action to address climate change by reducing greenhouse gas emissions," said Maria Pope, president and CEO of the PGE. "We placed a new milestone — aiming to achieve companywide net-zero greenhouse gas emissions by 2040. To meet this goal, we will touch every part of our business — from the power we supply to our customers, to the vehicles we drive, to how we operate our buildings. Along the way, we will continue to keep electricity reliable and affordable. We're confident that, working with our customers and communities, we will reduce emissions and continue building Oregon's clean energy future."

To reach the goal of companywide net-zero greenhouse gas emissions by 2040, the PGE will focus on three areas:

  • Reducing emissions associated with the power serving customers: Oregonians want to use clean energy, which is why the PGE is setting a new, accelerated goal to reduce greenhouse gas emissions associated with the power supplied to customers by at least 80% by 2030 (from 2010 levels). Ending operations at coal plants, like the one the PGE recently closed in Boardman, Oregon, and adding more renewable generating facilities through wind and solar, as well as battery storage, like the new Wheatridge facility, will help reach that goal. The PGE is also setting an aspirational goal of zero greenhouse emissions associated with the electricity served to customers by 2040. Reaching that goal will require policy, regulatory, and technology advancements to fully eliminate emissions from the power supply.
  • Reducing emissions in operations: The companywide net-zero greenhouse gas goal means finding ways to reduce emissions in every part of the business. With transportation accounting for 40% of Oregon's greenhouse gas emissions, one way to make progress is through electrifying more than 60% of the PGE's fleet by 2030, including 100% of Class 1 vehicles like sedans, SUVs, and small pickups, as well as forklifts, by 2025.
  • Reducing emissions through evolving customers' energy choices: PGE customers are already choosing the PGE's current renewable energy programs, but many customers want to move further, faster. The PGE will continue to create new programs like its Green Future products that offer a variety of choices to customers looking for clean, green energy options to power their homes and businesses.

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