Silicon Valley Clean Energy
Executive Committee Meeting
Friday, June 28, 2024
1:00 p.m.
Silicon Valley Clean Energy Office
333 W El Camino Real, Suite 330
Sunnyvale, CA
MEETING MINUTES
Call to Order
Chair Klein called the meeting to order at 1:01 p.m.
Roll Call
Present:
Chair Larry Klein, City of Sunnyvale
Vice Chair Bryan Mekechuk, City of Monte Sereno
Director Sally Meadows, City of Los Altos
Director Tina Walia, City of Saratoga
Absent:
Director George Tyson, Town of Los Altos Hills
Director Yvonne Martinez Beltran, City of Morgan Hill
Public Comment on Matters Not Listed on the Agenda
No speakers.
Following Public Comment, Chair Klein announced Item 5) Authorize the Chief Executive Officer to Negotiate and Execute an Office Lease Agreement (Action) would be heard before Item 4) Workforce Strategy Update and Power Purchase Agreement Project Selection Standard (Action); there were no objections from committee members.
Consent Calendar
Chair Klein opened public comment.
No speakers.
Chair Klein closed public comment.
MOTION: Vice Chair Mekechuk moved and Director Walia seconded the motion to approve the Consent Calendar.
The motion carried with Directors Martinez Beltran and Tyson absent. 1) Approve Minutes of the May 24, 2024, Executive Committee Meeting Docusign Envelope ID: D99D95BF-6BDA-4FD7-8890-9565DB758659 Regular Calendar
2) CEO Update (Discussion)
CEO Monica Padilla provided an update, which included the following announcements:
• The CA Supreme Court removed the ballot initiative, Taxpayer Protection and Government Accountability Act;
• SVCE is awaiting a proposed decision from the California Public Utilities Commission (CPUC) that would deem the Department of Water Resources to be the central procurement entity to procure offshore wind;
• The Victory Pass project ribbon cutting event would occur in October 2024; and • CEO Padilla, who completed her first 90 days as CEO, would be taking time off in July and Amrit Singh, CFO and Director of Administration, would serve as Acting CEO in her absence.
Staff responded to committee member questions regarding the CPUC’s proposed decision.
Chair Klein opened public comment.
No speakers.
Chair Klein closed public comment.
3) Workforce Strategy Update and Power Purchase Agreement Project Selection Standard (Action) Bena Chang, Director of Government and Legislative Affairs, introduced the item and recommendation to the Executive Committee to support the proposed Power Purchase Agreement (PPA) Project Selection Standard, which included the following key elements: workforce development, technology diversification, location, and environmental stewardship. Dir. of Government and Legislative Affairs Chang reviewed SVCE’s vision and role, work done to date, and the key elements of the standard.
Staff responded to committee member questions on the elements of the standard, standards or criteria of other CCAs, the circumstances in which a standard could be waived for a project, and the process for project selection.
Chair Klein opened public comment.
No speakers.
Chair Klein closed public comment.
MOTION: Vice Chair Mekechuk moved and Director Meadows seconded the motion to recommend the SVCE Board of Directors direct staff to adopt the Power Purchase Agreement Project Selection Standard as proposed by staff.
The motion carried with Directors Martinez Beltran and Tyson absent.
Following the vote, the Executive Committee considered Item 5. 4) Recommend Accessible On-Bill Financing Pilot Contract for SVCE Board of Directors Approval (Action)
This item was considered following Item 5.
Docusign Envelope ID: D99D95BF-6BDA-4FD7-8890-9565DB758659 Jessamyn Allen, Program Lead, presented a request of the Executive Committee to recommend the SVCE Board of Directors approve two contracts to support an on-bill financing pilot: 1) a TECH contract with Energy Solutions for use of TECH funds for risk mitigations and operations, and 2) Franklin Energy to implement the project. Staff reviewed SVCE’s On-Bill Financing program, its importance, the pilot funding sources, risk considerations, and timeline.
Staff responded to committee member questions and comments on program costs, process of enrollment in the program and timing, how to handle when people move and the possibility of equipment liens, the target audience of single-family residential homeowners and if renters would be considered, equipment maintenance and warranty responsibilities, and the status of the tariffed on-bill financing program.
Chair Klein opened public comment.
No speakers.
Chair Klein closed public comment.
MOTION: Vice Chair Mekechuk moved and Director Meadows seconded the motion to recommend the Executive Committee recommend the SVCE Board of Directors approve the contracts to support SVCE’s On-Bill Financing Pilot.
The motion carried with Directors Martinez Beltran and Tyson absent. 5) Authorize the Chief Executive Officer to Negotiate and Execute an Office Lease Agreement (Action) This item was heard following Item 3.
CEO Padilla introduced the item, noting the request of the Executive Committee would be to approve parameters for leasing a new office space. Once a location is identified by staff that meets those parameters, staff would bring the agreement to the SVCE Board of Directors for approval in Closed Session.
Karen Chang, Manager of Finance, presented the request to the Executive Committee and reviewed the background and decision timeline, office space needs, analysis of leasing vs. purchasing, and a recommended strategy.
Staff responded to questions and comments regarding the current lease, building class types, the importance of public transportation options, intended use of the space, and location.
Chair Klein opened public comment.
No speakers.
Chair Klein closed public comment.
MOTION: Vice Chair Mekechuk moved and Director Walia seconded the motion to recommend the SVCE Board of Directors authorize the Chief Executive Officer to pursue an office space with the following parameters:
• 3-5 year lease with target start date of October 2025; • Seek 11,000 to 14,000 square feet of a Class A building; • Located within SVCE’s service territory; and
• If new lease is not able to start by October 2025, authorize extension of current lease for up to 6 months
The motion carried with Directors Martinez Beltran and Tyson absent.
Docusign Envelope ID: D99D95BF-6BDA-4FD7-8890-9565DB758659 Following Item 5, the Executive Committee considered Item 4. 6) Program Snapshot: Overview of SVCE’s Data Analytics Platform (Information Only) This item was heard following the vote on Item 4.
Rebecca Fang, Manager of Data Analytics, introduced the item and Sangeetha Kumar, Decarbonization Data Engineer, presented information on SVCE’s data analytics platform, DAISY.
Staff responded to committee member questions on the data samples provided in the presentation and data applications.
Chair Klein opened public comment.
No speakers.
Chair Klein closed public comment.
Committee/Staff Remarks
CEO Padilla reminded the committee SVCE would be taking a break from public meetings in July.
Chair Klein invited all to the City of Sunnyvale’s July 4, 2024 drone show at Baylands Park.
Director Mekechuk complimented staff on their meeting presentations.
Adjournment
Chair Klein adjourned the meeting at 2:54 p.m.
ATTEST:
_____________________________
Andrea Pizano, Board Secretary
Docusign Envelope ID: D99D95BF-6BDA-4FD7-8890-9565DB758659