Power And Water Resources Pooling Authority

The document serves as an information packet regarding administrative business, financial status, and operations. It includes General Manager comments regarding virtual office hours, AI tool implementation, and administrative activities such as the transmission exchange agreement cost allocation and risk oversight. The Treasurer's report provides updates on financial status, and the Operations report covers workplans, budget progress, load scheduling, generator performance reports for Astoria, Whitney Point, and Slate solar projects, as well as updates on power net short, base resource usage, and regulatory compliance regarding resource adequacy and renewable portfolio standards.

The meeting agenda included general manager comments concerning the CVPIA Restoration Fund and notification about the upcoming Board Meeting scheduled for April 1, 2026, at Zone 7 Water Agency, which will feature an optional afternoon tour of the PFAS treatment facility. Key discussion points covered in the Financial Business Unit involved the Treasurer's Report, noting approximately $30 million in cash on hand as of December 31, 2025, and disbursement details. The Administrative Business Unit covered updates on office hours, BROC membership, and the trial of an AI-powered Minutes Workflow Assistant. The Compliance Business Unit detailed proposed CARB Cap-and-Invest rulemaking, projecting a significant decrease in free allowances starting in 2027. Operations focused on the December 2025 report, covering staffing for budget implementation, cash flow estimates, generation performance impacted by tule fog, and updates on RPS compliance estimates. A resolution to approve Amendment 3 to the Base Resource Contract with WAPA, estimated to save $3-5 million annually by implementing an exchange program, was adopted. Project Development updates included progress on solar installations at West Stanislaus and Banta-Carbona, and a presentation on Grid Wise AI data center opportunities utilizing excess solar generation. The Legal Business Unit involved a closed session to discuss ongoing litigation regarding PG&E rate cases.

The Operations Manager Report covered the March workplan, which included policy updates (ERP, ASA, GHG), 2025 Reconciliation invoice validation, NSP updates for summer power, and TEA Amendment 3 implementation. The February recap detailed Cap and Invest assistance, 2026 Budget implementation, and NSP updates for BTM projects. Operational reviews included pre-reconciliation status for 2025, load scheduling which showed an average load of 19MW, and an analysis of average monthly pricing for various resources. Detailed generator reports were provided for Astoria Solar, Whitney Point Solar, Slate Solar + Battery, Clearway - Luna, and Lodi Energy Center, noting lower overall solar output due to Tule Fog. Power Planning and Regulatory discussions focused on the Power Net Short forecast, recommendations for supplemental power purchases, Base Resource coverage percentages, and ongoing work on Resource Adequacy policy updates and Renewable Portfolio Standard compliance estimates.

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.