Silicon Valley Clean Energy
Executive Committee Meeting
Friday, October 25, 2024
10:00 a.m.
Silicon Valley Clean Energy Office
333 W El Camino Real, Suite 330
Sunnyvale, CA
Morgan Hill City Hall
17575 Peak Ave.
Morgan Hill, CA 95037
MEETING MINUTES
Call to Order
Chair Klein called the meeting to order at 10:04 a.m.
Prior to Roll Call, Director Meadows announced she would be participating remotely pursuant to AB 2449 due to a physical disability qualifying under the Americans with Disabilities Act, and did not have anyone present in the room with her.
Chair Klein announced that due to a lack of physical quorum present, Director Meadows would participate as a member of the public until an additional committee member arrived in person to reach the four-person physical quorum needed for AB 2449.
Roll Call
Present:
Chair Larry Klein, City of Sunnyvale
Vice Chair Bryan Mekechuk, City of Monte Sereno (arrived at 10:26 a.m.) Director Sally Meadows, City of Los Altos (participated remotely) Director George Tyson, Town of Los Altos Hills
Director Yvonne Martinez Beltran, City of Morgan Hill (participated remotely) Director Tina Walia, City of Saratoga
Absent:
None.
Public Comment on Matters Not Listed on the Agenda
Bruce Karney commented on his membership in the California Alliance for Community Energy (CACE), the leading statewide interest group for friends of CCAs and also friends of local energy, noting their stance on Net Energy Metering 3.0 rules.
Docusign Envelope ID: F5DA97F6-0698-45F9-8AD2-17605E42F21E Consent Calendar
Chair Klein opened public comment.
No speakers.
Chair Klein closed public comment.
MOTION: Director Tyson moved and Director Walia seconded the motion to approve the Consent Calendar.
The motion carried by verbal roll call vote with Vice Chair Mekechuk and Director Meadows absent. 1) Approve Minutes of the August 23, 2024, Executive Committee Meeting Regular Calendar
2) CEO Update (Discussion)
Vice Chair Mekechuk arrived during Item 2, which completed the in-person quorum needed for Director Meadows’ participation using AB 2449.
CEO Monica Padilla provided an update, which included the following announcements:
Her participation in a tour of the SunZia Wind and Transmission Project on October 8-9, 2024, in New Mexico;
Ribbon cutting event attendance on October 10, 2024, for the Victory Pass solar plus storage project; IEPA Conference attendance on September 23, 2024, CalCCA BOD Retreat participation on October 1-2, 2024, and the Berkeley Research Briefing on October 22, 2024; Planned attendance for upcoming events, which included: CC Power BOD/Member Forum on October 28, 2024, Cal/CCA/CMUA Joint Meeting on October 29, 2024, CAISO Symposium on October 29-30, 2024, and the CCCFA Board of Directors Meeting and Strategic Planning Session on November 14, 2024;
An update from Zoe Elizabeth, Deputy Director of Decarbonization Programs and Policy, regarding the California 2025 Energy Code updates for new construction; and An update from Jessica Cornejo, Senior Programs Specialist, regarding Federal grant activities relating to the Bipartisan Infrastructure Law and the Inflation Reduction Act; and support services provided by SVCE to member agencies relating to Federal and State grant opportunities.
Staff responded to committee member questions and comments regarding grant application strategies. Chair Klein requested staff provide updates to board members relating to pending grant applications by jurisdiction.
Chair Klein opened public comment.
No speakers.
Chair Klein closed public comment.
Following Item 2, the Committee considered Item 5.
5) GreenPrime Product and Rate Methodology Approval (Action) Taken out of order after Item No. 2.
Docusign Envelope ID: F5DA97F6-0698-45F9-8AD2-17605E42F21E Zak Liske, Deputy Director of Power Resources, and Don Bray, Director of Strategic Development, presented a request to the Executive Committee to recommend the SVCE Board of Directors consider approving the GreenPrime Product and Rate Methodology. The presentation included information on the following:
2025 product repricing of GreenPrime premium over GreenStart to be based on updated methodology, balancing portfolio renewable energy credit (REC) value with marginal REC cost; and Capping participation at 200 gigawatt hours per year and 20 GWh per customer per year Staff responded to committee member questions and comments regarding customer demand for GreenPrime and the annual per customer allocation of 20 GWh.
Chair Klein opened public comment.
Bruce Karney requested information regarding non-C&I customer accommodation and percentage of resource supply from the current portfolio of energy providers.
Deputy Director of Power Resources Liske stated he would provide a written response to Mr. Karney’s inquiry.
Chair Klein closed public comment.
MOTION: Vice Chair Mekechuk moved and Director Walia seconded the motion to recommend the SVCE Board of Directors Approve the GreenPrime Product and Rate Methodology on the Board of Directors November 2024 Meeting Consent Calendar.
The motion carried unanimously by verbal roll call vote. 6) Recommend the SVCE Board of Directors Approve a Delegation of Authority Allowing the Chief Executive Officer to Purchase Carbon-Free Nuclear Energy for 2025-2027 (Action) CEO Padilla provided information regarding sourcing Carbon-Free nuclear energy for 2025-2027.
Kris Van Vactor, Director of Power Resources, presented a request to the Executive Committee to recommend to the SVCE Board of Directors to consider approving a delegation of authority to CEO Padilla to purchase Carbon-Free nuclear energy for 2025-2027 with the following conditions:
1. Delivery in calendar years 2025-2027;
2. Paid volume not to exceed 750,000 MWhs per year;
3. Executed with any counterparty via a WSPP agreement;
4. Expected dollar amount per year 10.8M
Staff responded to committee member questions and comments regarding CCA rate affordability, Fiscal Year 2024-2025 budget allocation for purchasing carbon-free nuclear energy and a potential budget amendment to procure nuclear energy from additional suppliers in 2025-2027.
Chair Klein opened public comment.
No speakers.
Chair Klein closed public comment.
MOTION: Vice Chair Mekechuk moved and Director Tyson seconded the motion to recommend the SVCE Board of Directors approve the Delegation of Authority Allowing the Chief Executive Officer to Purchase Carbon-Free Nuclear Energy for 2025-2027 as recommended by staff, and to add Item No.6 to the Board of Directors November Meeting Consent Calendar.
Docusign Envelope ID: F5DA97F6-0698-45F9-8AD2-17605E42F21E The motion carried unanimously by verbal roll call vote.
Following the vote on Item 6, the Committee considered Item 3. 3) Recommend the SVCE Board of Directors Adopt SVCE’s Long-term Clean Targets (Action) Taken out of order after Item No. 6.
CEO Padilla introduced the item and Maren Wenzel, Director of Regulatory, Policy and Planning, presented a request to the Executive Committee to recommend the SVCE Board of Directors consider adopting SVCE’s Long-term clean targets, which included the following:
Establish the following clean targets for SVCE (as a % of retail sales):
• 2030-2034: 75% RPS/ 106% Clean measured annually
• 2035-2045: New Target 100% RPS/106% Clean measured annually • Allow for 10% margin of error on targets to help manage risk. If expected short-fall exceeds 10% staff would return to the board for additional guidance.
Additionally:
• Direct staff to include GHG emissions impact as part of PPA evaluation process. • Direct staff to report on an annual basis the number of clean hours each year. • Define clean to align with state definition of clean under SB100 which as of now includes the following resources: RPS eligible resources*, nuclear and large hydro.
Staff responded to committee member questions and comments regarding the annual margin of error for reporting and clean target measurements and reporting timeframe.
Chair Klein opened public comment.
Bruce Karney requested staff consider including an additional metric to decarbonization reporting, and further recommended adding the GHG Emissions Impact to the SVCE Budget to highlight the social cost of carbon.
Chair Klein closed public comment.
MOTION: Vice Chair Mekechuk moved and Director Walia seconded the motion to recommend the SVCE Board of Directors approve the adoption of SVCE’s long-term Clean targets.
The motion carried unanimously by verbal roll call vote. 4) Recommend the SVCE Board of Directors Approve SVCE’s Participation in the California Public Utilities Commission Hourly Flex Pricing Pilots (Action) Citlalli Sandoval, Senior Regulatory Advisor, and Beth Trenchard, Communications Consultant, presented a request to the Executive Committee to recommend the SVCE Board of Directors consider approving SVCE’s participation in the California Public Utilities Commission Hourly Flex Pricing Pilot for eligible agricultural, residential, and commercial customers as aligned with PG&E’s offers and with delegation to staff to affect implementation; and included the following:
HFP pilot is CPUC-designed and PG&E-administered 3-year pilot Participation will benefit customers, help SVCE and regulators learn more about hourly rate implementation, and supports Load Management Standard (LMS) compliance Approval lets staff roll out HFP pilots, take any contracting/implementation actions needed If SVCE does not participate, then SVCE customers interested in enrolling in the CPUC pilot would need to opt-out of SVCE to participate
Docusign Envelope ID: F5DA97F6-0698-45F9-8AD2-17605E42F21E Staff responded to committee member questions and comments that included the following:
customer rate plans and data privacy
annual customer solar performance reconciliation
outreach and targeted marketing to customers
customer participation caps
Chair Klein opened public comment.
Bruce Karney requested information regarding the classes and enrollment in the pilot program, targeted marketing by customer segment, and incentives for enrollment.
Senior Regulatory Advisor Sandoval provided brief responses to Mr. Karney’s questions.
Chair Klein closed public comment.
MOTION: Director Tyson moved and Vice Chair Mekechuk seconded the motion to recommend the SVCE Board of Directors approve SVCE’s participation in the California Public Utilities Commission Hourly Flex Pricing Pilots.
The motion carried unanimously by verbal roll call vote. 7) Program Snapshot: Fleet Electrification Assistance Planning (Information Only) This item was not heard. CEO Padilla noted materials were provided in the agenda packet and committee members could reach out with any questions.
Committee/Staff Remarks
Director Walia thanked staff for planning the Victory Pass + Solar ribbon-cutting event.
Adjournment
Chair Klein adjourned the meeting at 12:05 p.m.
ATTEST:
_____________________________
Andrea Pizano, Board Secretary
Docusign Envelope ID: F5DA97F6-0698-45F9-8AD2-17605E42F21E