Portland General Electric (PGE) issued this All-Source Request for Proposals (RFP) to acquire energy and capacity resources aligned with the 2023 Clean Energy Plan (CEP) and Integrated Resource Plan (IRP) action plan. PGE seeks to reduce emissions by 80% by 2030 while maintaining customer affordability and reliable system operations. The RFP targets approximately 1,004 MWa of renewable resources for delivery between 2026 and 2029, plus remaining capacity resources estimated at 300-500 MW (summer and winter) to be online by December 31, 2030. Long lead time resources may come online by December 31, 2031.
Renewable resources must be Oregon RPS-eligible and include Renewable Energy Certificates (RECs) bundled with energy. Non-emitting dispatchable resources (battery storage, pumped hydro, geothermal) must be capable of dispatch at controlled times. Hybrid resources combining energy storage with renewable generation are treated as renewable resources. PGE will consider multiple acquisition structures: Power Purchase Agreements (PPAs) with 15-30 year terms, utility ownership, acquisition of development rights, joint ownership, and Build-Transfer Agreements (BTAs).
Key Dates and Milestones: Notice of Intent to Bid due August 13, 2025; Benchmark bids due August 28, 2025 by 12:00 p.m. Pacific Time; All remaining third-party bids due October 8, 2025 by 12:00 p.m. Pacific Prevailing Time; Initial shortlist identified November 13, 2025; Best and final price updates due November 26, 2025; Final shortlist submitted to OPUC for acknowledgment February 18, 2026; Final contracts executed Q2/Q3 2026. A post-issuance bidder conference was held August 7, 2025.
Bid Evaluation: Bids are evaluated on price (90% of evaluation criteria) and execution viability (10%). PA Consulting serves as the independent evaluator to ensure compliance with OPUC Competitive Bidding Rules. Minimum bidder requirements include site control, permitting, interconnection, transmission, and credit qualification at screening stages. Each bidder must pay a non-refundable $10,000 bid fee per bid submitted. Bids remain valid for at least 250 days after submission. All bids are non-binding until definitive agreements are executed following OPUC acknowledgment of the final shortlist.