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Board meetings and strategic plans from Bhakti Sheth's organization
The community meeting provided an overview of the Integrated Resource Plan (IRP) for long-term power supply planning, including strategies for resources, transmission, renewable energy compliance, and greenhouse gas reduction. Key discussion topics included an overview of regulatory mandates such as Senate Bills 350 and 100, the resource mix, and objectives for reliability, cost, and sustainability. Additionally, major updates for the 2024 IRP were presented, focusing on transportation electrification, demand response, stakeholder engagement, transmission constraints, and the renewal of the Intermountain Power Project with a transition to natural gas and green hydrogen.
This Integrated Resources Plan (IRP) outlines the strategic approach to power supply, evaluating multiple scenarios to meet stringent state compliance mandates for renewable portfolio standards. The plan addresses requirements from SB 100 and SB 1020, targeting 60% renewables by 2030, 90% zero-carbon resources by 2035, and 100% zero-carbon resources by 2045, with an aspirational goal of 2040. Key areas of focus include managing cost and ratepayer impacts, ensuring reliability, promoting environmental stewardship through greenhouse gas emissions reduction, and fostering resource diversity. The plan proposes preferred scenarios, including 'Basecase+New Transmission+PPAs' and 'SB 100+SB1020+SMR', to provide pathways for achieving these long-term energy planning goals.
The 2023 Integrated Resource Plan for the City of Burbank details the city's long-term energy strategy, outlining load forecasts, natural gas price assumptions, and base case results for achieving sustainability goals. Key focus areas include projecting future electricity demand across residential, commercial, electric vehicle, and new development sectors, alongside forecasting natural gas prices. The plan's core objectives involve attaining a 60% Renewable Portfolio Standard by 2030 and achieving zero carbon emissions by 2040. It further analyzes the projected generation mix, carbon intensity, and total energy supply costs, while also exploring various sensitivities to inform future resource decisions.
The community meeting addressed inquiries regarding energy delivery contracts, infrastructure development, and transmission challenges. Participants discussed lifecycle studies for renewable energy components, the role of hydrogen in planning, and the feasibility of small modular nuclear reactors. Additionally, the forecast for future electric usage was debated in the context of increasing electrification and the impact of distributed generation and energy efficiency measures.
The Burbank Water and Power (BWP) Board meeting discussed the proposed Fiscal Year 2025-26 and FY 2026-27 budgets for the Electric Fund, the Water Fund, the Magnolia Power Project (MPP) Operating Fund, the Tieton Operating Fund, the Street Lighting Fund, and the Communications Fund. The meeting addressed challenges such as inflation, supply chain issues, renewable energy sourcing, state mandates, infrastructure modernization, conservation, and drought. Rate increases are proposed over a five-year period to achieve full cost recovery, with specific increases for both the Electric and Water Funds in 2026 and 2027. The board also reviewed BWP's staffing plan, including requests for new positions and upgrades to existing roles across various departments to enhance customer service, sustainability efforts, security, and operational efficiency.
Extracted from official board minutes, strategic plans, and video transcripts.
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