...Title
Actions Related to Power Procurement, Carbon-Free Allocations, and Integrated Resource Plan Time Change.
...Recommendations
Adopt a resolution:
(a) Increasing the authority granted to the Director of Community Energy or her designee for the procurement of power supply products, other than Resource Adequacy products, by $393,300,000, from $690,000,000 to an amount not to exceed $1,083,300,000 in aggregate, in Calendar Years 2020 through 2026, subject to the Energy Risk Management Policy, the appropriation of funds, and Risk Oversight Committee approval of all contracts with a duration of ten years or more;
(b) Increasing the authority granted to the Director of Community Energy or her designee for the procurement of Resource Adequacy products by $76,200,000, from $461,800,000 to $538,000,000 in aggregate, in calendar years 2021 through 2043, subject to the Energy Risk Management Policy, the appropriation of funds, and Risk Oversight Committee approval of all contracts with a duration of ten years or more;
(c) Approving the acceptance of low carbon power products from Pacific Gas & Electric’s hydroelectric and nuclear generating plants; and
(d) Amending Subsection B of Resolution No. 78711 to modify the timing for the Community Energy Department to present San José Clean Energy’s Integrated Resource Plan for City Council approval prior to submitting the Integrated Resource Plan to the California Public Utilities Commission.
CEQA: Not a Project, File No. PP17-003, Agreements/Contracts (New or Amended) resulting in no physical changes to the environment. (Community Energy)