Silicon Valley Clean Energy

Silicon Valley Clean Energy (SVCE), located in Sunnyvale, California, is a community-owned electricity provider for the majority of Silicon Valley communities, including Campbell, Cupertino, Gilroy, Los Altos, Los Altos Hills, Los Gatos, Milpitas, Monte Sereno, Morgan Hill, Mountain View, Saratoga, Sunnyvale, and unincorporated Santa Clara County. SVCE provides residential and commercial electricity customers with clean, carbon-free electricity options at competitive prices, from sources like solar, wind, and hydropower. SVCE sources the electricity, and the local utility provider Pacific Gas and Electric (PG&E) delivers it over existing utility lines. PG&E continues to provide maintenance, billing, and customer service. This type of model is known as Community Choice Aggregation (CCA) or Community Choice Energy (CCE).

Project Location: Sunnyvale, California

Project Type: Portfolio Management

Peak Load: 750 MW ZG Service: Operate – Asset Management Services

ZGlobal provides SVCE collateral for CAISO market participation and manages the dollar flow between CAISO and SVCE. ZGlobal also provides scheduling coordinator services for contracts and load, which include: load forecasting, submittal of day-ahead, 15-minute, and real-time schedules and bids per forecasts, weekly invoices, shadow settlements, and settlement statement reconciliation and reporting. Lastly, ZGlobal develops and implements strategies for CRR acquisition and monitors results, providing risk management analysis, and reporting to the SVCE risk committee.