Portland General Electric Investor Presentation — October 2022

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EARNINGS CONFERENCE CALL

THIRD QUARTER 2022Exhibit 99.2Cautionary statement

Information Current as of October 25, 2022

Except as expressly noted, the information in this presentation is current as of October 25, 2022 — the date on which PGE filed its Quarterly Report on Form 10 -Q for the quarter ended

September 30, 2022 —and should not be relied upon as being current as of any subsequent date. PGE undertakes no duty to update this presentation, except as may be required by law.

Forward -Looking Statements

Statements in this press release that relate to future plans , objectives, expectations, performance, events and the like may constitute "forward-looking statements" within the meaning of the

Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-

looking statements represent our estimates and assumptions as of the date of this report. The Company assumes no obligation to u pdate or revise any forward-looking statement as a result of

new information, future events or other factors.

Forward -looking statements include statements regarding the Company's full -year earnings guidance (including expectations regarding annual retail deliveries, average hydro conditions,

wind generation, normal thermal plant operations, operating and maintenance expense and depreciation and amortization expense ) as well as other statements containing words such as

"anticipates," “based on,” "believes," "conditioned upon," “considers,” "estimates," "expects," “forecast,” “goals,” “intends ,” “needs,” “plans,” “predicts,” “promises,“ “seeks,” "should," “subject

to,” “targets,” or similar expressions. Investors are cautioned that any such forward-looking statements are subject to risks and uncertainties, including, without limitation: the timing or outcome of various legal and regulatory

actions; demand for electricity; the sale of excess energy during periods of low demand or low wholesale market prices; opera tional risks relating to the Company's generation and battery

storage facilities, including hydro conditions, wind conditions, disruption of transmission and distribution, disruption of f uelsupply, and unscheduled plant outages, which may result in

unanticipated operating, maintenance and repair costs, as well as replacement power costs; delays in the supply chain and inc reased supply costs (including application of tariffs impacting

solar module imports), failure to complete capital projects on schedule or within budget, failure of counterparties to perfor m under agreement, or the abandonment of capital projects, which