Puget Sound Energy plans to nearly double clean energy portfolio by 2025
According to the latest reports from Puget Sound Energy (PSE), the Washington-based company expects to nearly double its clean energy portfolio to more than 43 million MW hours of clean energy by 2025.
If accurate, that would mean power for the equivalent of more than 1 million homes – a significant gain on the company’s original forecasts from its Clean Energy Implementation Plan (CEIP). That plan was enacted in 2021 following creation of Washington’s Clean Energy Transformation Act (CETA), to bring the company in line with state goals. The gains were attributed to a mix of new utility-scale clean energy resource acquisitions and expansion of customer-side programs including energy efficiency, demand response and community/customer-owned resources.
At present, PSE expects customer demand response and customer-side solar and storage to bring in nearly 200 MW annually by the end of 2025.
The company cleared its clean energy goal last year and signaled hopes to build on that progress in the years ahead. So far, it said, it’s on track to meet or exceed obligations to achieve 80 percent clean or non-emitting energy by 2030 and to be fully clean-based by 2045, particularly through growth of wind energy.
In addition to adding more energy sources, the company is also modernizing its grid to accommodate the increased use of smaller, more localized resources. Previously, it developed a Virtual Power Plant platform to enable, control and monitor distributed energy resources (DER) and guarantee stable supply during peak hours.
