Thursday, July 12, 2007

PGE's new plan

PGE yesterday released its new integrated resource plan, which lays out how it plans to invest in renewable energy projects over the next eight years.
When I interviewed Peggy Fowler earlier this year, she wouldn't talk about the renewable portfolio standard because the company had not yet finished the IRP but assured me that the IRP would go above and beyond what state standards require. Now the standard has passed and I wonder how the IRP measures up.
Among other things the plan calls for
- expansion of the Biglow Canyon wind farm
- an additional 218 MW of renewable power each year
- expansion of efficiency programs in partnership with Energy Trust
- longer purchase power agreements to even out price volatility when they purchase from the open market

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