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Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What's Happening Now

Catch Joint Venture's YouTube Channel!

YouTube pageMarch 18, 2019 - Did you know that Joint Venture has a YouTube channel? Watch presentations you may have missed or revisit your favorite speeches. Can't quite remember the story Jon Meacham told about President George H. W. Bush? What was it that Eric Garcetti said about making transit work in LA? You can go back and listen to it again. What’s your favorite video? Share it with us on Twitter!

SVEDA Broker Breakfast in Newark

Join us for a breakfast briefing for commercial real estate brokers and development professionals.March 15, 2019 - Join the Silicon Valley Economic Development Alliance in Newark on Thursday, April 4 for a free and interactive breakfast briefing for commercial real estate brokers and development professionals to learn about the latest development opportunities.

Panelists from Fremont, Hayward, Newark, Milpitas, and Union City will discuss opportunities in their cities. The event takes place from 9:00 a.m. to 10:30 a.m. at the Pacific Research Center, 7777 Gateway Boulevard, Newark. Continental breakfast is included and panelists will be available for networking after the presentation. RSVP today! Deadline: Tuesday, April 2 • 5:00 p.m. 

Video Overview of 2019 State of the Valley

Watch a recap of the 2019 State of the Valley conferenceMarch 1, 2019 - We are pleased to share this video overview created by our friends at PRx Digital. It provides a succinct summary of the proceedings and snapshot interviews with keynote speakers including Jon Meacham, Los Angeles Mayor Eric Garcetti, and Joint Venture CEO Russell Hancock. If you missed the conference or would like to revisit any of the presentations, complete videos of every segment are available on our Youtube channel.

2019 Index: Investment pouring in to megadeals, yet fewer early-stage deals for startups; commercial space booming

2019 Index coverFeb. 13, 2019 – Silicon Valley’s economy has reached new levels of employment, income, innovation, and investments as major companies are fundamentally altering the character and evolution of innovation in the region, reports the 2019 Silicon Valley Index released today by Joint Venture Silicon Valley’s Institute for Regional Studies.

Larger companies are behind much of the explosive growth that is lifting the region but straining our capacity to accommodate it all amid rising income disparity, housing costs, and transportation burdens.

Read the news release | Download the 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:

Siliconsage Builders logo AECOM logo IBEW Local Union 332 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.

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.

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.

Community Renewables Development Project

Why This Matters

Ensuring access to renewable energy is a key part of promoting climate prosperity in the Silicon Valley region. Until recently, consumers interested in renewable energy had only one option: they had to finance and maintain their own energy generation system. But community-owned renewable energy makes it possible for utilities to provide renewable energy from a single generation site to a multitude of customers in a community.

In addition to expanding access to renewable energy and thereby reducing greenhouse gas emissions in Silicon Valley, community solar would also increase supply by facilitating local generation. Although remote generation still provides broad environmental benefits, local generation supports local jobs, fosters community engagement and identity, and results in an energy procurement program tailored to the region.

How It Works

Community renewable energy ensures that both commercial and residential energy customers can purchase energy that would best meet their needs, as interested customers would be able to non-participating customers could rest assured that hidden costs would not drive up their energy bill.

flow chart showing how community renewable energy works

While the specifics of community renewable procurement could take many different forms, generally a plant owner sells energy via a power purchase agreement (PPA) to an energy offtaker, usually a utility such as Pacific Gas and Electric (PG&E). The utility would then offer renewable energy produced by the plant to residential and commercial customers under a subscription program. Customers in the program would agree to pay a specified rate for renewable energy, called a Green Tariff. Although high customer affinity generally increases participation in green tariff programs, as residents are more likely to pay more for energy that has a greater visibility and positive impact on their community, remote generation of renewable energy is also possible under this structure. Community renewables grant local leaders the ability to customize a renewable energy procurement program that best fits the needs of their constituency.

SEEDZ Involvement

SEEDZ is currently tracking the California Public Utilities Commission’s rulemaking process for SB 43 “Green Tariff/Shared Renewables Program,” which represents the first opportunity for shared renewable energy development. By allowing customers to buy 100% renewable energy, procured within the territory, directly from the energy offtaker. SEEDZ continues to follow the debate over ratepayer indifference while promoting customer affinity and local generation by meeting with selected parties.

Prior to the passage of SB 43, SEEDZ collaborated with the City of Sunnyvale to produce the Sunnyvale Community Solar Array Development, a study analyzing the feasibility of implementing a 3 MW shared array within city limits. City staff identified either a landfill site or a wastewater treatment pond as potential locations for a mid-sized solar plant. The City Council reviewed the study in late November, and referred the project for further analysis, which will be heavily influenced by the ongoing SB 43 rulemaking process.

In The News

March 17, 2019 - (Mercury News) -As Bay Area moves left, these conservative voters move out: About 64,300 residents exited the region, many for other states, between 2015 and 2018, according to a recent survey by Joint Venture Silicon Valley. More

March 14, 2019 - (Smart Cities Dive) - County of San Mateo, CA innovation center to run on UrbanLeap platform: The county notably launched a public wireless internet project in 2014 to try to close the region’s digital divide, and partnered with the Joint Venture Silicon Valley to form a smart region initiative. More

March 5, 2019 - (Cision) - Telewave Joins WiMAX Forum, Affirming Support for Advanced Telecom Compatibility: "The company offers valuable depth and breadth for end-to-end applications related to public safety, utility, and transportation,” said Dr. Mohammad Shakouri, Chairman of the Board of Directors at WiMAX Forum, and Director of Community Broadband at Joint Venture Silicon Valley. More

March 5, 2019 - (Watchdog) - More than half of Californians say they plan to leave as state leads U.S. in outmigration: Joint Venture Silicon Valley, which also studied the Bay Area’s outmigration patterns, found that workers are moving to Sacramento, Los Angeles, Seattle, Austin, and Portland for several reasons.

March 5, 2019 - (Silicon Valley Business Journal) - The $200K Club: Broadcom joins these Bay Area tech companies paying a typical employee top dollar: The Bay Area’s median household (not individual) income rose to an all-time high of $118,400 last year, Joint Venture Silicon Valley noted in its annual State of the Valley report. More

March 4, 2019 - (Silicon Valley Business Journal) These Silicon Valley professionals set to receive Latino Leadership awards: Latinos and Hispanics make up 25 percent of the Silicon Valley population, according to the latest report from Joint Venture Silicon Valley. More