Portland General Electric 2025 All-Source RFP

Portland General Electric (PGE) is conducting an All-Source Request for Proposals to procure energy and capacity resources consistent with its 2023 Clean Energy Plan and Integrated Resource Plan (CEP/IRP) action plan. The RFP seeks approximately 1,004 MWa of renewable energy resources and additional non-emitting dispatchable capacity resources to meet PGE's long-term energy and capacity needs through 2030. PGE's goal is to reduce emissions by 80% by 2030 while maintaining customer affordability and reliable system operations.

PGE is seeking both renewable resources (RPS-eligible wind, solar, and hybrid renewable-plus-storage systems) and non-emitting dispatchable resources (battery storage, pumped hydro, geothermal) with minimum capacity thresholds of 3 MW for solar and 10 MW for other resources. All projects must be commercially online by December 31, 2030, with certain long lead-time resources allowed until December 31, 2031. PGE will consider various procurement structures including Power Purchase Agreements (PPAs), asset purchases, build-transfer agreements, joint ownership, and hybrid ownership-PPA combinations. PPA terms must be between 15 and 30 years. Bidders must pay a non-refundable bid fee of $10,000 per bid or base proposal with up to two alternatives.

The RFP evaluation process involves multiple stages: initial bid screening based on minimum requirements, scoring on economic competitiveness (90% price score, 10% non-price execution viability assessment), initial shortlist determination by November 13, 2025, best and final price updates by November 26, 2025, and final shortlist determination following portfolio analysis. PA Consulting has been approved by the Public Utility Commission of Oregon as the independent evaluator to ensure compliance with competitive bidding rules and impartial evaluation. All bids must meet technical specifications provided in Appendix M, with bidders required to submit redlines for any exceptions and associated cost estimates.

Key deadlines include: Notice of Intent to Bid due August 13, 2025; Benchmark bids due August 28, 2025; All remaining third-party bids due by 12:00 p.m. Pacific Prevailing Time on October 1, 2025; Initial shortlist notification November 13, 2025; Best and final price updates due November 26, 2025; Request for OPUC acknowledgment of final shortlist February 4, 2026; and final contract execution anticipated Q2/Q3 2026.