<ARTICLE> UT

<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS FILED  ON FORM 10-K FOR THE TWELVE MONTHS
ENDED  DECEMBER  31,  1997  FOR  PORTLAND  GENERAL   ELECTRIC  COMPANY  AND
SUBSIDIARIES (PGE) AND IS QUALIFIED IN ITS ENTIRETY BY  REFERENCE  TO  SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000,000
<CIK> 0000784977
<NAME> PORTLAND GENERAL ELECTRIC COMPANY
       


                                                                 
<PERIOD-TYPE>                                                       12-MOS
<FISCAL-YEAR-END>                                                   DEC-31-1997
<PERIOD-END>                                                        DEC-31-1997
<BOOK-VALUE>                                                        PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                           1,818
<OTHER-PROPERTY-AND-INVEST>                                           369
<TOTAL-CURRENT-ASSETS>                                                225
<TOTAL-DEFERRED-CHARGES>                                              844
<OTHER-ASSETS>                                                          0
<TOTAL-ASSETS>                                                      3,256
<COMMON>                                                              160
<CAPITAL-SURPLUS-PAID-IN>                                             480
<RETAINED-EARNINGS>                                                   270
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                        910
<PREFERRED-MANDATORY>                                                  30
<PREFERRED>                                                             0
<LONG-TERM-DEBT-NET>                                                  837
<SHORT-TERM-NOTES>                                                      0
<LONG-TERM-NOTES-PAYABLE>                                               0
<COMMERCIAL-PAPER-OBLIGATIONS>                                        100
<LONG-TERM-DEBT-CURRENT-PORT>                                          67
<PREFERRED-STOCK-CURRENT>                                               0
<CAPITAL-LEASE-OBLIGATIONS>                                             1
<LEASES-CURRENT>                                                        3
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                      1,308
<TOT-CAPITALIZATION-AND-LIAB>                                       3,256
<GROSS-OPERATING-REVENUE>                                           1,416
<INCOME-TAX-EXPENSE>                                                   83
<OTHER-OPERATING-EXPENSES>                                          1,125
<TOTAL-OPERATING-EXPENSES>                                          1,208
<OPERATING-INCOME-LOSS>                                               208
<OTHER-INCOME-NET>                                                     (8)
<INCOME-BEFORE-INTEREST-EXPEN>                                        200
<TOTAL-INTEREST-EXPENSE>                                               74
<NET-INCOME>                                                          126
<PREFERRED-STOCK-DIVIDENDS>                                             2
<EARNINGS-AVAILABLE-FOR-COMM>                                         124
<COMMON-STOCK-DIVIDENDS>                                              144
<TOTAL-INTEREST-ON-BONDS>                                              63
<CASH-FLOW-OPERATIONS>                                                359
<EPS-PRIMARY>                                                           0
<EPS-DILUTED>                                                           0

<FN>
<F1>Represents  the  12  month-to-date  figure  ending December 31,
1997.
</FN>