Commitments and Guarantees (Tables)

12 Months Ended

Dec. 31, 2024

Long-term Purchase Commitment [Line Items]

Unrecorded Unconditional Purchase Obligations Disclosure [Table Text Block]

As of December 31, 2024, PGE’s estimated future minimum payments pursuant to purchase obligations for the following five years and thereafter are as follows (in millions):

	Payments Due
	2025		2026		2027		2028		2029		Thereafter		Total
Capital and other purchase commitments	$	564	$	147	$	82	$	12	$	2	$	40	$	847
Purchased power and fuel:
Electricity purchases	560		458		347		351		343		3,009		5,068
Capacity contracts	186		218		128		129		130		271		1,062
Public utility districts	11		10		9		7		1		14		52
Natural gas	109		89		45		44		30		177		494
Coal and transportation	27		—		—		—		—		—		27
Total	$	1,457	$	922	$	611	$	543	$	506	$	3,511	$	7,550

Schedule of Long-term Contracts for Purchase of Electric Power [Table Text Block]

PGE has long-term PPAs with certain public utility districts (PUDs) in the state of Washington:

•Grant County PUD for the Priest Rapids and Wanapum Hydroelectric Projects, and

•Douglas County PUD for the Wells Hydroelectric Project.

Under one of the Grant County agreements, the Company is required to pay its proportionate share of the operating and debt service costs of the hydroelectric projects whether they are operable or not. Under one of the Douglas

County agreement, the Company is required to make monthly payments for capacity that will not vary with annual project generation provided to PGE. The Company has estimated the capacity payments, which are subject to annual adjustments based on Douglas County’s loads, and included the estimated amounts in the table above. The future minimum payments for the PUDs in the preceding table reflect the principal and capacity payments only and do not include interest, operation, or maintenance expenses.

Selected information regarding these projects is summarized as follows (dollars in millions):

	Capacity Charges and Revenue Bonds as of December 31, 2024		PGE’s Average Share as of December 31, 2024			Contract Expiration	Total PGE Contract Costs
			Output		Capacity		2024		2023		2022
					(in MW)
Priest Rapids and Wanapum	$	1,673	8.6	%	163	2052	$	75	$	77	$	45
Wells	273		9.0		29	2028	11		11		12