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Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What's Happening Now

Meet John Boland, KQED Public Media

John Boland speaking at graduationEvery leader aspires to leave a legacy of success. John Boland, a member of the board of directors at Joint Venture Silicon Valley, has done just that at KQED. At a time when most regional news entities are struggling, Boland catapulted KQED from a traditional public broadcast outlet into a multimedia stronghold. The eldest of 12 and a college dropout, Boland served as President and CEO of KQED through March 2019, and is now president emeritus. 

Read the profile

CBS News: San Jose has highest-paid workers

video image May 20, 2019 - Joint Venture CEO Russell Hancock says, "it's no surprise," when interviewed by CBS News on a new report that says the nation's highest paid workers are in San Jose. With an average annual median income of $117,000, “our numbers are skewed by people who are making obscene amounts of money. Silicon Valley is a place that has 50 billionaires,” Hancock said. “We’re spiraling upwards in terms of our costs, our housing, for everything,” Hancock said. “You see those costs rising faster than anywhere in the country. And it’s because the market can bear it.”

Watch the news clip

Russell Hancock on Tesla stock plunge

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May 20, 2019 - Russell Hancock, president and CEO of Joint Venture, was interviewed by CBS News when one Wall Street analyst issued a “code red” on Tesla for not meeting internal production goals and getting distracted in side ventures. Hancock says “I think shareholders are saying this product that is world changing, maybe now we need some adult supervision–doing the things that Detroit has done for a very long time.”

Watch the news clip

Institute Report: space under construction rivals dot com boom

black and white report cover May 3, 2019 – Joint Venture Silicon Valley’s Institute for Regional Studies has released its Q1 2019 report on Silicon Valley commercial space. The report shows that activity is brisk and demand is high, especially for commercial space located near public transit. Office vacancy rates – which were relatively high between Q4 2017 and Q4 2018 due – fell significantly in Q1 2019 to 13.4%.

Learn more | Read news release

Data Release: Silicon Valley sets pace for electric vehicle adoption 

Electric car May 15, 2019 - The Joint Venture Institute for Regional Studies today reported that Silicon Valley’s total number of registered electric vehicles (EVs) surpassed 80,000 in 2018, comprising nearly 20% of all such vehicles in California, and by far the highest numbers of any region per capita. Learn more

Joint Venture Food Rescue hits new milestone

150K pounds of food & 80K meals in 6 months

May 13, 2019 - Joint Venture’s food rescue initiative, A La Carte, has collected more than 150,000 pounds of prepared surplus food from universities and corporate food services...more than 80,000 meals for people who are food insecure. This spring A La Carte will purchase an additional truck. John A. Sobrato, Chairman Emeritus of Sobrato Development Companies, Sobrato Philanthropies, and a current member of Joint Venture’s board of directors, has donated $125,000 to the effort.

Learn more

Silicon Valley Indicators

indicators home page Did you know you can get comprehensive information and data about the economic and community health of Silicon Valley any time by visiting the online home of the Silicon Valley Index at www.siliconvalleyindicators.org?

The site is maintained and constantly updated by Joint Venture's Silicon Valley Institute for Regional Studies and is a robust collection of charts and information with links to local, regional and national data sources, and resources for additional information within each of the indicator categories: People, Economy, Society, Place and Governance.

Download the 2019 Silicon Valley Index.

Investors Council Spotlight

Joint Venture's Investors Council welcomes dozens of public and private organizations and foundations supporting our initiatives and programs. Here are just a few of our many investors:

Crew SV logo Eastdil Secured logo University of California - Santa Cruz logo

Joint Venture offers a variety of support and sponsorship opportunities for individuals, corporations, and public sector organizations. To inquire about becoming a member of our Investors Council, call (408) 298-9330 or visit our Become an Investor page. To see our current investors, visit our investors pages.

What is Joint Venture Silicon Valley?

Established in 1993, Joint Venture brings together Silicon Valley’s established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues and work toward innovative solutions. In this short video see what Silicon Valley leaders have to say about the organization.


A Newsletter for our SEEDZ Initiative

Welcome to our brand new newsletter for SEEDZ, Joint Venture’s Smart Energy Enterprise Development Zone Initiative.

In Silicon Valley, leading energy customers, solution providers, municipalities, institutions and utility interests are working together to build the nation’s most advanced commercial power network, uniting the latest developments in performance and sustainability.

Conceived and launched in the second half of 2012, the SEEDZ Initiative is now advancing along several fronts. In response to growing external interest, we decided it was the right time to begin providing progress updates to the community in a quarterly newsletter.

As always, we welcome your questions and feedback about SEEDZ.

Thanks for your interest!

Don Bray,
SEEDZ Executive Director

What's New In This Issue:

• Power Quality Portal is Online
• Customer-Side Energy Storage Pilot Assessments Underway
• Electric Vehicle Charging Deployment Survey and EV Workshop
• SB 43: Green Tariff Shared Renewables Program Enacted

Power Quality Portal is Online

An area-wide power quality monitoring system that aggregates detailed data from customer meters in the area is up and running, with the support of six “charter subscribers” – PG&E, NetApp, Juniper Networks, Moffett Park Business Group, Silicon Valley Power and Accenture. The secure, remotely hosted web portal is being developed by Applied Power Technologies.

The private site collects, aggregates, and presents detailed power quality data from distributed power meters, and then charts and maps power quality “incidents.” Further, it will collect impact data, and provide feedback on incident root causes.

The longer-term goals of the Power Quality Portal are to facilitate improved power quality and resiliency, incorporate leading smart grid power quality standards, and enable the zone to serve as a model and test bed for grid integration of new smart energy solutions, including distributed generation and storage, electric vehicle infrastructure and advanced industrial applications.

More on the portal project.

Customer-Side Energy Storage Pilot Assessments Underway

SEEDZ has partnered with the Electric Power Research Institute (EPRI) and Strategen Consulting to provide resources, information and technical guidance to SEEDZ energy customers to help them evaluate new opportunities for deployment of large-scale on-site energy storage systems.

On-site meetings have been held with eight major energy customers in the SEEDZ area to conduct initial energy storage business case analyses and screenings. The Foothill–De Anza Community College District is moving forward and is now nearing completion of a detailed evaluation for on-site storage deployment. Additional detailed evaluations by other organization are in the pipeline.

If you are a major energy customer in Silicon Valley and would like to discuss a prospective business case assessment for on-site energy storage at your location, please contact Rachel Massaro at .

Electric Vehicle Charging Deployment Survey and EV Workshop

With electric vehicle (EV) infrastructure proliferating rapidly, companies have been on their own to share resources and best practices, so SEEDZ is conducting a survey on current EV usage and charging stations, future plans, operations, financial models and employee/driver engagement in the area.

In addition, the survey will begin to identify and address top needs and opportunities among building owners/operators related to EV energy use and related costs, integration and grid impacts.

To date, companies participating in the survey include Google, VMWare, SAP Labs, Facebook, Infinera, Cisco, Lockheed Martin, NetApp, Yahoo! and JSR Micro.

Results of the survey, and an in-depth discussion of energy management associated with EV infrastructure, will be presented in at the SEEDZ EV Infrastructure Workshop at Juniper Networks in Sunnyvale on November 6.

For more information or to register for the EV workshop, click here.

SB 43: Green Tariff Shared Renewables Program Enacted

Joint Venture is engaging with the rulemaking process for SB 43, the Green Tariff Shared Renewables Program recently enacted and signed by Governor Brown. The program enables millions of California energy customers who cannot install their own solar or other renewable energy system to purchase renewable energy through their utility, thereby reducing greenhouse gas emissions.

Ardently supported by Joint Venture across all of its climate initiatives, the comprehensive legislation allows customers of investor-owned utilities – including local governments, businesses, schools, homeowners, municipal customers and renters – to purchase up to 100 percent of their electricity from a renewable energy facility.

SEEDZ will be staying close to this and how the economics develop around the green tariff. If you are interested in learning more about how this critical legislation affects you, contact Don Bray at .

The SEEDZ stakeholders meet regularly under the auspices of Joint Venture’s Climate Prosperity Council, co-chaired by San Jose Mayor Chuck Reed and Accenture Institute Executive Research Fellow Chris DiGiorgio. The council includes representatives from Google, EPRI, NetApp, Optony, PG&E, NASA Ames Research Center, Integral Group, Juniper Networks, Accenture, McCalmont Engineering, Microsoft, the Cities of Mountain View and Sunnyvale, and other leading Silicon Valley organizations.

Visit www.jointventure.org/seedz for more information.

How are we defining Smart Energy?

An integrated portfolio of new practices, standards and technologies for improved performance and sustainability in the generation, distribution and use of energy throughout the community.

For more information about SEEDZ, please contact:

Don Bray

Executive Director, SEEDZ
(408) 298-9338


Or visit us on the web at www.jointventure.org/seedz

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Joint Venture Silicon Valley provides analysis and action on issues affecting our region's economy and quality of life.

© 2013 Joint Venture Silicon Valley | www.jointventure.org

100 West San Fernando Street | Suite 310 | San Jose, California 95113

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If you were forwarded this email and would like to subscribe to the SEEDZ newsletter, click the following link: Yes, I want to subscribe to the SEEDZ newsletter.

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In The News

May 23, 2019 - (Curbed San Francisco)Joint Venture Silicon Valley released its annual Silicon Valley Index and reported “for the third year in a row, people are moving out of Silicon Valley nearly as quickly as they are moving in.” More

May 20, 2019 - (CBS San Francisco) - Tesla Stock Plunges: for Russell Hancock, the president and CEO of Joint Venture Silicon Valley, the issue is the assembly line. More

May 20, 2019 - (CBS San Francisco) -New Report Shows San Jose Has Nation’s Highest-Paid Workers:“It’s no surprise,” said Russell Hancock, the CEO of Joint Venture Silicon Valley More

May 16, 2019 - (IWCE's Urgent Communications) -Jeff Lewis, director of the smart-region initiative for Joint Venture Silicon Valley, outlines the benefits that government entities can realize by coordinating communications initiatives More

May 16, 2019 - (Mercury News) - The Gary Dillabough Effect: Transforming downtown San Jose, 20 buildings at a time: Joint Venture board member Gary Dillabough profiled. More

May 10, 2019 - (Mercury News) - Bay Area wage growth slowing, but still among best in the nation: Russell Hancock, president of Joint Venture Silicon Valley, said he’s still bullish about the regional economy. More

May 8, 2019 - (San Jose Spotlight) - Tech leader Matt Mahan jumps into San Jose council race: serves as a board member of the Silicon Valley Leadership Group and Joint Venture Silicon Valley More

May 3, 2019 - (Silicon Valley Business Journal) -Silicon Valley real estate showed strength in the first quarter of the year with strong commercial demand, especially for space close to public transit, Joint Venture Silicon Valley reported... More

May 1, 2019 - (The Registry) - SiliconSage Homes CEO Sanjeev Acharya Joins the Joint Venture Silicon Valley Board of Directors More

April 25, 2019 - (Mercury News) - New Bay Area crown: Most expensive place in the world to build; “Another dubious award for the Bay Area,” said Russell Hancock, CEO of the non-partisan, regional think-tank Joint Venture Silicon Valley. More

April 22, 2019 - (Mercury News) - Bay Area paradox: We need housing, but we don’t want to build faster:  a recent study by Joint Venture Silicon Valley estimated the region is short as many as 108,000 homes and apartments. More

April 20, 2019 - (The Almanac) -Midpeninsula mayors, tech company transportation leaders convene to talk traffic: They were there to launch the "Manzanita Talks," a series of discussions convened by Joint Venture Silicon Valley More

April 16, 2019 - (KPIX 5) - Lawsuit Claims Apple Misled Hundreds Of Thousands Of Investors: “This is new territory for Apple,” said President and CEO of Joint Venture Silicon Valley Russ Hancock. More

April 12, 2019 - (Silicon Valley Business Journal) - Silicon Valley's 2019 Women of Influence award winners: Rachel Massaro, Vice President and Director of Research at Joint Venture Silicon Valley and Director of Research for the Silicon Valley Institute for Regional Studies. More

April 9, 2019 - (City Journal) - This year, Harris keynoted the Joint Venture Silicon Valley conference, and she is once again reaping large donations from tech and media giants. More