Fixed-Income Investor Presentation
26
GROUNDBREAKING RNG BILL
Oregon law (SB 98) supports gas utilities purchasing renewable natural gas (RNG). Passed in 2019 and
rulemaking completed in July 2020
Creates another path for RNG to become an increasing part of Oregon's energy supply
Allows natural gas utilities to acquire RNG and hydrogen.
Sets voluntary RNG portfolio targets for Oregon's natural gas utilities
Allows up to 5% of a utility's annual revenue requirement to be used to cover the incremental cost of RNG
Allows for investments related to RNG infrastructure, including production facilities, cleaning and
conditioning equipment, and pipeline interconnections
Potential revenue source for communities to turn their waste into energy
Oregon Senate Bill 98
2025
supports voluntary
volumetric
RNG targets:
2030
2035
2040
2045
10% 15% 20% 25% 30%
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