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Portland General Electric Powering Up with Procurement of $150M 75-MW Battery Storage Project
Portland General Electric Company (PGE) has finalized a $150-million ownership deal for a new 75-MW battery energy storage system known as Evergreen. The facility will be located at a soon-to-be-constructed substation in Hillsboro, Oregon.
The battery project, which is owned by PGE and will be built by Mortenson, is expected to begin service in 2024, adding critical non-emitting dispatchable capacity to the state’s clean energy transition. The Evergreen facility represents the final procurement from PGE’s 2021 RFP, which resulted in landmark projects, including the recent procurement of 400 MW of battery projects.
Battery systems offer a number of grid benefits, providing flexibility and stored energy which can be deployed within seconds during extreme weather events or times of high demand. The lithium-ion battery systems are expected to help maintain grid reliability during peak demand, reducing dependence on energy markets and fossil fuel generation.
- ◦Sale/Acquisition
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