<ARTICLE>UT
<LEGEND>
THIS   SCHEDULE  CONTAINS  SUMMARY  FINANCIAL  INFORMATION
EXTRACTED
FROM THE  CONSOLIDATED  FINANCIAL STATEMENTS FILED ON FORM
10-Q
FOR  THE  SIX  MONTHS  ENDED  JUNE  30,  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>                                              6-MOS
<FISCAL-YEAR-END>                                          DEC-31-1997
<PERIOD-END>                                               JUN-30-1998
<BOOK-VALUE>                                               PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                  1,819
<OTHER-PROPERTY-AND-INVEST>                                  358
<TOTAL-CURRENT-ASSETS>                                       212
<TOTAL-DEFERRED-CHARGES>                                     815
<OTHER-ASSETS>                                                 0
<TOTAL-ASSETS>                                             3,204
<COMMON>                                                     160
<CAPITAL-SURPLUS-PAID-IN>                                    480
<RETAINED-EARNINGS>                                          314
<TOTAL-COMMON-STOCKHOLDERS-EQ>                               954
<PREFERRED-MANDATORY>                                         30
<PREFERRED>                                                    0
<LONG-TERM-DEBT-NET>                                       1,018
<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>                             1,197
<TOT-CAPITALIZATION-AND-LIAB>                              3,204
<GROSS-OPERATING-REVENUE>                                    574
<INCOME-TAX-EXPENSE>                                          43
<OTHER-OPERATING-EXPENSES>                                   438
<TOTAL-OPERATING-EXPENSES>                                   481
<OPERATING-INCOME-LOSS>                                       93
<OTHER-INCOME-NET>                                             4
<INCOME-BEFORE-INTEREST-EXPEN>                                97
<TOTAL-INTEREST-EXPENSE>                                      36
<NET-INCOME>                                                  61
<PREFERRED-STOCK-DIVIDENDS>                                    1
<EARNINGS-AVAILABLE-FOR-COMM>                                 60
<COMMON-STOCK-DIVIDENDS>                                       0
<TOTAL-INTEREST-ON-BONDS>                                     60
<CASH-FLOW-OPERATIONS>                                        88
<EPS-PRIMARY>                                                  0
<EPS-DILUTED>                                                  0

<FN>
<F1>Represents  the  12  month-to-date  figure ending June 30, 1998.
</FN>