PGE Polska Grupa Energetyczna S.A. PGE

Oregon's POWER Act forces AI data centers to cover their own grid costs, cutting household electric bills after years of unfair rate subsidies.

Oregon approves the 29.7% price hike that Portland General Electric (PGE), the state's largest power provider, will impose on users that consume 20MW or more. This move is backed by Oregon's POWER Act, which helps ensure that data centers in PGE's coverage area pay their fair share.

The Oregon Public Utility Commission approved the new rates under the state's POWER Act, affecting 963,000 customers

Electric rates will go down for most Portland General Electric customers starting July 8 while data centers will pay significantly more.

The Oregon utility filed for regulatory approval on new rates tied to the state's POWER Act, which requires large energy users to cover their share of infrastructure costs

The 166MWdc Tower Solar project, which features more than 250,000 US-assembled panels, will supply power to PGE and support QTS.

BOARDMAN, Ore., June 02, 2026--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it has completed construction of its Tower Solar project in Morrow County, Oregon and connected it to the regional electric grid. Avangrid expects to achieve commercial operation this summer.

Earlier this month, Portland General Electric filed a supplemental Recreation Resources Management Plan with federal regulators for its Clackamas River Hydroelectric Project, detailing how it meets long-standing license requirements on recreation facilities, data collection, and future user needs. Separately, Oregon regulators approved a new large-load tariff framework for data centers above 20 MW in PGE’s territory, tying interconnection to long-term contracts and customer-funded upgrades,...

The order shifts more infrastructure costs and interconnection obligations to hyperscale customers while positioning Oregon’s 2025 POWER Act as an early test of how states manage AI-driven load growth.

Polska Grupa Energetyczna SA (PGPKY) reports strategic advancements in offshore projects while grappling with coal sector hurdles and market uncertainties.

Ørsted and PGE have installed the first foundations of the Baltica 2 project in the Polish part of the Baltic Sea.

Van Oord is carrying out the installation programme, which involves placing 111 monopiles.

Portland General Electric has received a green light from regulators to begin charging data centers higher rates, with the goal of making sure heavy power users are shouldering the cost of expanding the grid to serve them, and that those costs aren't being shunted onto smaller or household ratepayers. The change comes as Oregon ratepayers have been hit with six consecutive years of rate increases amid what PGE says is an unprecedented rise in demand for electricity, of which data centers are a major driver. The Oregon Public Utility Commission published the new rules in an order on Thursday,