Chris Ferrara

This strategic plan for Alameda Municipal Power establishes a long-term framework to guide the utility's priorities and investments, fostering a resilient energy future for Alameda. It is structured around four strategic focus areas: Customers, Reliability, Workforce, and Technology, supported by cross-cutting lenses of Equity, Affordability, Clean Power, and Financial Foundation. The plan aims to deliver safe, reliable, affordable, and sustainable power through exceptional service, resilient infrastructure, skilled personnel, and modernized systems.

The board meeting agenda includes the review of financial and treasurer reports, as well as the adoption of an investment policy and a capitalization policy for the utility. Key items involve authorizing renewals for information technology licensing and maintenance, accepting the 2025 Power Source Disclosure Program annual report, and finalizing amendments to service provider agreements. The board will also consider establishing revised rules and regulations for electric vehicle curbside charging dual-meter service, accepting a strategic plan for the utility's long-term framework, and establishing the fiscal year 2027 budget.

The Strategic Plan for Alameda Municipal Power outlines a long-term framework to guide the utility's priorities, investments, and organizational pathway. It focuses on four strategic areas: Customers, Reliability, Workforce, and Technology, supported by guiding lenses of Equity, Affordability, Clean Power, and Financial Foundation. The plan aims to empower Alameda with a resilient energy future by delivering safe, reliable, affordable, and sustainable power, strengthening the workforce, investing in a resilient electric system, and modernizing technology.

The board conducted a regular meeting to review energy risk quantification and discuss operational responses to unauthorized site access. Key topics included a triennial risk assessment, the impact of market volatility on energy procurement, and the potential effects of future energy market participation. The board also received a report regarding emergency equipment removal at a facility due to security concerns.

The board reviewed an overview of the Energy Risk Quantification Report, which assesses potential financial exposure to key energy risks for Alameda Municipal Power over the fiscal years 2027-2029. Key discussion topics included supply-side risks such as drought conditions and resource adequacy, transmission risks, customer load loss risks, and compliance with legislative and regulatory mandates. The report detailed risk mitigation strategies, including the maintenance of financial reserves, participation in risk management programs, and long-term power purchase agreements.