Valley Clean Energy Board of Directors Meeting – October 8, 2026 Item 8 – Legislative End of Session Update
1 yvonnehunterphotography.com
Public Comments
2 To Provide Public Comment on any agenda item please:
E-mail 300 words or less to: [email protected] OR
Join the Public Comment Queue by
“Raising Hand” on Zoom Meeting
OR
Press *9 if joining by phone
Emailed comments received before the item has concluded will be read into the record.
Emailed comments received after the item has concluded but before the end of the meeting will not be read but will be included in the meeting record.
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 3 Item 8 – Legislative End of Session Update
Gavin Newsom is reigniting a political
firestorm as his tenure draws to a closeGavin Newsom is reigniting a political firestorm as his tenure draws to a close
August 22, 2026
Gavin Newsom is reigniting a political
firestorm as his tenure draws to a close
What to know about Gov. Newsom's
plan to shield utilities from wildfire
costs
August 26, 2026
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 4 Item 8 – Legislative End of Session Update
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 5 Item 8 – Legislative End of Session Update
VS.
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 6 Item 8 – Legislative End of Session Update
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 7 Item 8 – Legislative End of Session Update
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 8 Item 8 – Legislative End of Session Update
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 9 Item 8 – Legislative End of Session Update Gavin Newsom is reigniting a political firestorm as his tenure draws to a close PG&E Sinks 18%, Edison International
Tumbles 23% as
California Wildfire Bill
Omits Liability Cap
August 31, 2026
Gavin Newsom is
reigniting a political
firestorm as his
tenure draws to a
close PG&E Corp (PCG) stock has
dropped 26% in the last 5
days, and the trigger was
clear: California lawmakers
failed to pass a wildfire
liability reform bill before
the legislative session
ended.
August 31, 2026
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 10 Item 8 – Legislative End of Session Update
Gavin Newsom is reigniting a political
firestorm as his tenure draws to a close
California wildfire deal collapses in
the Assembly
September 1, 2026
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 11 Item 8 – Legislative End of Session Update
August 29, 2026
California lawmakers reach deal in high-stakes
fight over regulating data centers
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 12 Item 8 – Legislative End of Session Update
Resource
Adequacy
SB 1138 (Padilla)
AB 1761 (Rogers)
PCIA Inputs
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 13 Item 8 – Legislative End of Session Update
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 14 Item 8 – Legislative End of Session Update
2024 2025 2026 2027
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 15 Item 8 – Legislative End of Session Update
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] 16 Item 8 – Legislative End of Session Update
EXTEND DIABLO CANYON
OPERATIONS BEYOND 2030
Valley Clean Energy Board of Directors Meeting – October 8, 2026 Item 9 – Draft Power Project Selection Criteria Guidelines 17 yvonnehunterphotography.com
Public Comments
18 To Provide Public Comment on any agenda item please:
E-mail 300 words or less to: [email protected] OR
Join the Public Comment Queue by
“Raising Hand” on Zoom Meeting
OR
Press *9 if joining by phone
Emailed comments received before the item has concluded will be read into the record.
Emailed comments received after the item has concluded but before the end of the meeting will not be read but will be included in the meeting record.
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] Agenda:
• Overview
• Background
• Guidelines
• Recommendation and Next Steps
19 Item 9 – Draft Power Project Selection Criteria Guidelines Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] Overview
20 Item 9 – Draft Power Project Selection Criteria Guidelines • VCE is seeking Board adoption of draft power project selection criteria guidelines. • VCE seeks to memorialize guidelines for selection criteria for long-term power contracts that reflect: • VCE’s past procurement practices • VCE’s strategic plan goals
• The feedback and interests of VCE’s customers, service territory and stakeholders Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] Background
21 Item 9 – Draft Power Project Selection Criteria Guidelines • VCE is not currently holding or planning large-scale solicitations for long-term power contracts. Currently contracted to meet or exceed its strategic plan goals of serving its customers with 90% renewable and 100% carbon free energy • VCE achieved approx. 87% renewable and 96% carbon free energy in 2025 • Currently portfolio forecast to provide 98% renewable and 110% carbon free in 2030 (as of 9/30)
• May engage in bilateral negotiations or marginal procurement to meet regulatory requirements or strategic plan goals
2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
CF % 12% 17% 38% 80% 96% 104% 104% 108% 112% 110%
RPS % 13% 18% 56% 84% 87% 89% 91% 96% 100% 98%
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] Background
Other recent CCA actions:
• January 17, 2024 - Ava Community Energy’s Board adopted Workforce and Environmental Justice Project Selection Criteria
• April 3, 2025 - Sonoma Clean Power’s Board adopted Energy Project Selection Criteria • April 9, 2025 - Silicon Valley Clean Energy’s Board adopted a Power Purchase Agreement Project Selection Policy
• April 25, 2025 - San Jose Clean Energy approved its Workforce and Environmental Stewardship Project Selection Criteria
https://avaenergy.org/wp-content/uploads/2024/07/P-2024-20-Workforce-and-EJ-Project-Policy.pdf https://sonomacleanpower.org/uploads/documents/SCPA-BOD-2025.04.03-Meeting-Agenda-Packet-with-Teleconference-Instructions.pdf https://www.svcleanenergy.org/wp-content/uploads/2025-0409-SVCE-April-BOD-Agenda-Packet-scrubbed.pdf https://sanjose.legistar.com/View.ashx?M=F&ID=14145212&GUID=5C39D187-D67C-465B-A844-F1FF6ED29BD5 22 Item 9 – Draft Power Project Selection Criteria Guidelines Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] Background
• Guidelines presented to the CAC on 8/27/26
• Staff updated guidelines to address CAC and public feedback 23 Item 9 – Draft Power Project Selection Criteria Guidelines Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] The Guidelines
24 Item 9 – Draft Power Project Selection Criteria Guidelines • Comprehensive enough to consider a wide range of benefits • Flexible enough to accommodate marginal procurement requirements, managing dynamic regulatory requirements and managing costs • Apply to selection of unique long-term power contracts and VCE ownership while allowing for flexible procurement of standardized short-term products
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] The Guidelines
25 Item 9 – Draft Power Project Selection Criteria Guidelines • Regulatory Requirements
• Cost
• Development Risk
• Greenhouse Gas Emissions Impact
• Location
• Technology Diversity
• Environmental Responsibility
• Community Engagement
• Workforce Development
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] Highlights of Draft Selection Criteria:
26 Item 9 – Draft Power Project Selection Criteria Guidelines • Criteria for Regulatory Requirements, Cost, Development Risk, GHG Emissions Impact, and Technology Diversity ensure that VCE serves its customers with affordable, reliable, clean energy in compliance with its regulatory procurement obligations.
Item X – Short Title and Slide Description [Calibri (Body) 29 font (not bold)] Highlights of Draft Selection Criteria:
27 Item 9 – Draft Power Project Selection Criteria Guidelines • Location: Prioritizes projects in CAISO balancing area and/or distributed resources based on their proximity to VCE’s service territory
• Environmental Responsibility: Prioritizes projects on previously disturbed sites, and projects that have studied and committed to measures that reduce impacts to sensitive habitats and environmentally sensitive areas
• Community Engagement: Prioritizes projects that have committed to engagement with and benefits to the community local to the project • Workforce Development: Prioritizes projects that sign project labor agreements, pay a prevailing wage, hire locally, support apprenticeship programs, and support workforce pipeline programs
Item 9 – Draft Power Project Selection Criteria Guidelines 28 Staff Recommendation:
• Adopt Power Project Selection Criteria Guidelines
Next Steps:
• If approved by the Board, Staff will post the Power Project Selection Criteria Guidelines to VCE’s website and reference them in future solicitation materials