<ARTICLE>UT
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS FILED  ON  FORM 10-Q FOR THE THREE MONTHS
ENDED MARCH 31, 1998 FOR PORTLAND GENERAL ELECTRIC  (PGE)  AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>1,000,000
<CIK>0000784977
<NAME>PORTLAND-GENERAL-ELECTRIC

       

                                                                 
<PERIOD-TYPE>                                                       3-MOS
<FISCAL-YEAR-END>                                                   DEC-31-1997
<PERIOD-END>                                                        MAR-31-1998
<BOOK-VALUE>                                                        PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                           1,817
<OTHER-PROPERTY-AND-INVEST>                                           365
<TOTAL-CURRENT-ASSETS>                                                224
<TOTAL-DEFERRED-CHARGES>                                              833
<OTHER-ASSETS>                                                          0
<TOTAL-ASSETS>                                                      3,239
<COMMON>                                                              160
<CAPITAL-SURPLUS-PAID-IN>                                             480
<RETAINED-EARNINGS>                                                   306
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                        946
<PREFERRED-MANDATORY>                                                  30
<PREFERRED>                                                             0
<LONG-TERM-DEBT-NET>                                                1,000
<SHORT-TERM-NOTES>                                                      0
<LONG-TERM-NOTES-PAYABLE>                                               0
<COMMERCIAL-PAPER-OBLIGATIONS>                                          0
<LONG-TERM-DEBT-CURRENT-PORT>                                           0
<PREFERRED-STOCK-CURRENT>                                               0
<CAPITAL-LEASE-OBLIGATIONS>                                             3
<LEASES-CURRENT>                                                        2
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                      1,258
<TOT-CAPITALIZATION-AND-LIAB>                                       3,239
<GROSS-OPERATING-REVENUE>                                             314
<INCOME-TAX-EXPENSE>                                                   25
<OTHER-OPERATING-EXPENSES>                                            237
<TOTAL-OPERATING-EXPENSES>                                            262
<OPERATING-INCOME-LOSS>                                                52
<OTHER-INCOME-NET>                                                      3
<INCOME-BEFORE-INTEREST-EXPEN>                                         55
<TOTAL-INTEREST-EXPENSE>                                               18
<NET-INCOME>                                                           37
<PREFERRED-STOCK-DIVIDENDS>                                             1
<EARNINGS-AVAILABLE-FOR-COMM>                                          36
<COMMON-STOCK-DIVIDENDS>                                                0
<TOTAL-INTEREST-ON-BONDS>                                              62
<CASH-FLOW-OPERATIONS>                                                 39
<EPS-PRIMARY>                                                           0
<EPS-DILUTED>                                                           0
<FN>
<F1>Represents  the  12  month-to-date  figure  ending 
December 31, 1997.
</FN>