WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<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, 1999, FOR PORTLAND GENERAL ELECTRIC COMPANY AND SUBSIDIARIES
(PGE) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK> 0000784977
<NAME> PORTLAND GENERAL ELECTRIC COMPANY
<MULTIPLIER> 1,000,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-1999
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                  1,807,000,000
<OTHER-PROPERTY-AND-INVEST>                354,000,000
<TOTAL-CURRENT-ASSETS>                     221,000,000
<TOTAL-DEFERRED-CHARGES>                   735,000,000
<OTHER-ASSETS>                             0
<TOTAL-ASSETS>                             3,117,000,000
<COMMON>                                   160,000,000
<CAPITAL-SURPLUS-PAID-IN>                  480,000,000
<RETAINED-EARNINGS>                        385,000,000
<TOTAL-COMMON-STOCKHOLDERS-EQ>             1,025,000,000
<PREFERRED-MANDATORY>                      30,000,000
<PREFERRED>                                0
<LONG-TERM-DEBT-NET>                       817,000,000
<SHORT-TERM-NOTES>                         0
<LONG-TERM-NOTES-PAYABLE>                  0
<COMMERCIAL-PAPER-OBLIGATIONS>             157,000,000
<LONG-TERM-DEBT-CURRENT-PORT>              0
<PREFERRED-STOCK-CURRENT>                  0
<CAPITAL-LEASE-OBLIGATIONS>                0
<LEASES-CURRENT>                           0
<OTHER-ITEMS-CAPITAL-AND-LIAB>             1,088,000,000
<TOT-CAPITALIZATION-AND-LIAB>              3,117,000,000
<GROSS-OPERATING-REVENUE>                  593,000,000
<INCOME-TAX-EXPENSE>                       48,000,000
<OTHER-OPERATING-EXPENSES>                 447,000,000
<TOTAL-OPERATING-EXPENSES>                 495,000,000
<OPERATING-INCOME-LOSS>                    98,000,000
<OTHER-INCOME-NET>                         8,000,000
<INCOME-BEFORE-INTEREST-EXPEN>             106,000,000
<TOTAL-INTEREST-EXPENSE>                   35,000,000
<NET-INCOME>                               71,000,000
<PREFERRED-STOCK-DIVIDENDS>                2,000,000
<EARNINGS-AVAILABLE-FOR-COMM>              69,000,000
<COMMON-STOCK-DIVIDENDS>                   40,000,000
<TOTAL-INTEREST-ON-BONDS>                  28,000,000
<CASH-FLOW-OPERATIONS>                     114,000,000
<EPS-BASIC>                                0
<EPS-DILUTED>                              0