PGE Suspends Development of Two Gas-Fired Units, Seeks Bilateral Deals with Existing Generators, an Industrial Info News Alert

SUGAR LAND, Texas, July 7, 2017 /PRNewswire/ -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Portland General Electric Company (PGE) (Portland, Oregon) has suspended plans to invest about $900 million to add two gas-fired units to its existing Carty Generating Station. The utility would have commenced construction of the new units at Carty, totaling 900 megawatts (MW), only if they were the lowest-cost, lowest-risk options in a competitive bidding process. Instead, the utility will seek to obtain generation from existing resources in the region.

Within this article: Details on PGE's canceled plans for construction of gas-fired units to invest in the existing station.

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