<TABLE> <S> <C>

<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, 1997 FOR PORTLAND
GENERAL
ELECTRIC  (PGE)  AND  IS  QUALIFIED  IN ITS ENTIRETY BY
REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CIK> 0000784977
<NAME> PORTLAND GENERAL ELECTRIC
       
<CAPTION>
<S>                                                                 <C>
<PERIOD-TYPE>                                                       6-MOS
<FISCAL-YEAR-END>                                                   DEC-31-1997
<PERIOD-END>                                                        JUN-30-1997
<BOOK-VALUE>                                                        PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                           1,792,153
<OTHER-PROPERTY-AND-INVEST>                                           269,661
<TOTAL-CURRENT-ASSETS>                                                235,610
<TOTAL-DEFERRED-CHARGES>                                            1,046,519
<OTHER-ASSETS>                                                              0
<TOTAL-ASSETS>                                                      3,343,943
<COMMON>                                                              160,346
<CAPITAL-SURPLUS-PAID-IN>                                             477,981
<RETAINED-EARNINGS>                                                   335,947
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                        974,274
<PREFERRED-MANDATORY>                                                  30,000
<PREFERRED>                                                                 0
<LONG-TERM-DEBT-NET>                                                  871,303
<SHORT-TERM-NOTES>                                                          0
<LONG-TERM-NOTES-PAYABLE>                                                   0
<COMMERCIAL-PAPER-OBLIGATIONS>                                        111,087
<LONG-TERM-DEBT-CURRENT-PORT>                                          93,142
<PREFERRED-STOCK-CURRENT>                                                   0
<CAPITAL-LEASE-OBLIGATIONS>                                             5,438
<LEASES-CURRENT>                                                        2,684
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                      1,256,015
<TOT-CAPITALIZATION-AND-LIAB>                                       3,343,943
<GROSS-OPERATING-REVENUE>                                             675,277
<INCOME-TAX-EXPENSE>                                                   60,198
<OTHER-OPERATING-EXPENSES>                                            504,080
<TOTAL-OPERATING-EXPENSES>                                            564,278
<OPERATING-INCOME-LOSS>                                               110,999
<OTHER-INCOME-NET>                                                      2,787
<INCOME-BEFORE-INTEREST-EXPEN>                                        113,786
<TOTAL-INTEREST-EXPENSE>                                               37,596
<NET-INCOME>                                                           76,190
<PREFERRED-STOCK-DIVIDENDS>                                             1,163
<EARNINGS-AVAILABLE-FOR-COMM>                                          75,027
<COMMON-STOCK-DIVIDENDS>                                               30,145
<TOTAL-INTEREST-ON-BONDS>                                              65,398
<CASH-FLOW-OPERATIONS>                                                164,786
<EPS-PRIMARY>                                                               0
<EPS-DILUTED>                                                               0
<FN>
<F1>Represents   the  12  month-to-date  figure  ending
June 30, 1997 as applies to total interest on bonds.
</FN>
        

                                  <PAGE>


</TABLE>