Power And Water Resources Pooling Authority

The Operations Manager's Report for the February meeting covered the operations workplan, including policy updates for ERP and ASA, and 2026 Budget implementation. A recap of January activities was provided. Key financial discussions included a review of the 2025 Cash Flow Summary and 2025 Cost of Service data, noting issues like CWD underfunding and power invoice exclusions. Load scheduling indicated an average load of 10MW, 3MW lower than the previous month. Detailed generator reports were presented for Astoria, Whitney Point, Slate, Clearway - Luna, and Lodi Energy Center, including generation statistics and net cost/credit per MWh. Power Planning & Regulatory focused on the Power Net Short forecast, recommending a supplemental purchase for July through October, and updates on Resource Adequacy and Renewable Portfolio Standard compliance efforts.

The Regular Meeting agenda covered several key areas. Under Finance, the Board was set to approve ordering payments of accounts and claims, and accept the Treasurer's Report for the months ending November 30 and December 31, 2025. Administrative items included discussions on changes to the General Manager's Office Hours, the 2026 board meeting schedule, and updates regarding BROC members, AI integration, and the website status. Compliance discussions focused on the ARB Cap-and-Invest proposed rulemaking. Operations items involved operational highlights, resource loading orders, and revisions to the Resource Adequacy Policy. Project Development included updates on the project list, status, and the Auxiliary Load Task Team. The Legal portion included closed session discussions regarding existing litigation concerning PG&E rate cases (WDT3 and WDT4). The Special Meeting on December 19, 2025, focused on amending the Operating Rules and Regulations and updating banking signature authority following the election of a new Vice Chair.

The Regular Meeting of the Board of Directors is scheduled to cover several operational and administrative items. Key discussions include the Treasurer's Report and approval of ordering payments for the months ending November 30 and December 31, 2025. Administrative items involve changes to the General Manager's Office Hour, the 2026 board meeting schedule, updates regarding the BROC members, AI integration and implementation status, the Minutes Workflow Assistant, and the status update for the WWW.PWRPA.ORG website. Compliance matters will address the ARB Cap-and-Invest proposed rulemaking. Operations topics include operational highlights, an ASA review, and status updates on the Resource Adequacy Policy revision. Project Development will cover the project list status and an update from the Auxiliary Load Task Team. A closed session is scheduled to discuss existing litigation related to PG&E rate cases (WDT3 and WDT4).

The Information Packet for the meeting included General Manager (GM) Comments with an infographic, the Treasurer's Report, and the Operations Report. The GM Comments covered updates on strategic initiatives, the board meeting rotation plan, AI implementation primers, and included short-form minutes from the December 8, 2025, Regular Meeting and the December 19, 2025, Special Meeting. Key actions from the December 8th meeting included approving the Treasurer's Report for September and October 2025, approving the Letter of Engagement for the FYE 2025 audit, approving the 2026 Legal Services Budget, and adopting the 2026 Annual Budget and Rate Schedule. The Administrative Unit reported officer appointments for 2026. Other agenda items involved updates on compliance processes, the operations report highlighting resource allocations and transmission cost savings, solar project status updates, and discussions regarding auxiliary load opportunities like micro-data centers. The Legal Unit participated in closed session discussions regarding PG&E rate cases. The December 19th teleconference meeting included resolutions to update financial signature authority. The Operations Report detailed cost of service metrics, load scheduling, pricing, and generation reports for solar assets (Astoria, Whitney Point, Slate, Clearway - Luna) and the Lodi Energy Center, noting lower solar output due to Tule Fog. Regulatory compliance updates involved Resource Adequacy and Renewable Portfolio Standard tracking.

The meeting included discussions and possible actions on various topics, including a hybrid Slate cost allocation percentage, updates on the Risk Management Plan (RMP) and planning for 2022, and the Operations Manager's report. The board also considered and possibly approved Resolution 21-11-14 regarding the ARB allowance value methodology. The Treasurer's Report was presented, covering the approval of ordering payments of accounts and claims, acceptance of the Treasurer's Report, and other items related to Treasurer's duties.