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ATTACHMENT 2 <br /> ESACommunity 550 Keamy Street <br /> Development Suite 800 <br /> San Francisco,CA 94108 <br /> 415.896.5900 <br /> 415.896.0332 <br /> Memo <br /> date June 13,2016 <br /> to Kathleen Yurchak,City of Pleasanton Director of Operations and Water Utilities <br /> from Jeff Caton, ESA <br /> subject Review of the Draft Technical Study for Community Choice Aggregation Program in Alameda County <br /> (MRW,June 2016) <br /> Introduction and Summary <br /> On behalf of the City of Pleasanton (City),ESA reviewed the June 2016 Draft Technical Study for <br /> Community Choice Aggregation Program in Alameda County(Study)by MRW&Associates,and <br /> supporting documentation including comments provided by the East Bay Clean Power Alliance,the <br /> City of San Leandro,the IBEW Chapter 1245,as well as comments from individuals,such as Mr. <br /> Chuck Rosselle.This Memo presents a summary of our findings and observations regarding the <br /> risks identified in the Study and their potential impacts to the City;areas not addressed or <br /> thoroughly vetted by the Study;alignment of the CCA with the City's energy and climate goals and <br /> objectives1,and the Study's methodologies,underlying assumptions,and conclusions. <br /> Review of the Joint Powers Agreement()PA) is considered outside the scope of this review. <br /> Accordingly,absent our understanding of the underlying terms and conditions of the JPA,we have <br /> focused our comments on the overall risks and opportunities of the Community Choice Aggregation <br /> (CCA)initiative,and have not assessed the specific risks to the City of Pleasanton in joining the CCA. <br /> We assume that the Alameda CCA will be structured via a similar"lockbox"approach used by both <br /> Marin Clean Energy(MCE) and Peninsula Clean Energy that,in combination with specific terms and <br /> conditions of the power purchase agreements,is used to limit the financial exposure of the public <br /> entities participating in those CCA structures.We also assume that the risks are proportionate with <br /> the City's share of energy load,which is approximately 530,000 Megawatt hours (Mwh) out of the <br /> total of 8.07 million Mwh for the County. <br /> i As described in the City of Pleasanton Climate Action Plan (2012)and the City's Energy Efficiency Conservation <br /> Strategy(2010). <br />