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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.

Power Quality Portal Project

Why This Matters

Power quality and reliability are critical for commercial customers, especially those in high-technology industries. Even sub-second voltage dips, swells or outages can shut down essential equipment, and interrupt product development and production processes. At the same time, power quality and reliability are becoming more difficult to manage. Variable renewable resources such as solar and wind are expanding on the grid, as are large and intermittent loads such as electric vehicle charging.

What is a power quality event? waveforms graphic

Historically, power reliability has been measured in terms of the frequency of power outages lasting longer than 5 minutes. Utilities metrics such SAEDI [System Average Interruption Duration Index] and SAIFI [System Average Interruption Frequency Index] define and track reliability. Momentary outages and power quality are related, but involve a much finer level of resolution.

Momentary outages, defined as zero voltage events lasting for less than five minutes, are measured via MAIFI [Momentary Average Interruption Frequency Index]. Even momentary outages can represent a material business issue, as an EPRI study found the average impact of a one-second outage for a commercial facility was 21 minutes in downtime.

Disturbances 1996 Duration of facility outage

Yet sustained and momentary outage metrics don’t reflect the full range of power disturbances that result in customer impacts. Power quality is further defined as ‘any occurrence manifested in voltage, current or frequency deviations which results in failure or mis-operation of end use equipment.'

Sub-second voltage dips or swells greater than 30% of nominal often also result in customer impacts, as defined by indices such as the CBEMA-ITIC curve. And typical of many commercial and industrial zones with older utility infrastructure, such power quality disturbances in the SEEDZ area occur regularly.

Ways To Address Power Quality And Reliability

Metrics such as SAEFI and SAIDI broadly define grid reliability, yet data and metrics for measuring power quality on the grid are currently limited and not well understood. A grid-level view of detailed data on power quality events - date, time, magnitude, duration, impact – is essential to addressing and improving power quality. This detailed data pinpoints power quality issues over time, and aids in assessing and deploying the most cost-effective fixes.

A recent EPRI study of power quality revealed that voltage sags and interruptions averaged 18 a year across the U.S. Where incident rates are high and/or where customer impacts are most material, improvements in utility grid infrastructure are necessary to reduce the number and severity of power quality issues. Furthermore, resiliency improvements can be made at customers’ facilities - to better ‘ride through’ such disturbances on the grid, and in turn, reduce impacts these same facilities may have on grid power quality. As summarized in the table below, power quality monitoring, mitigation, and improvements can be made at customer locations, and in grid infrastructure and services.

PQ Important results: Avg voltage sags and interruptions

Establishing A SEEDZ Power Quality Monitoring ‘Portal’

Within the SEEDZ area, several major customers have implemented detailed power quality meters at their facilities’ utility service entries. These meters are providing important benefits, helping customers to pinpoint power quality events, correlate events with equipment malfunctions, optimize equipment placement, and provide a quantified basis for investment in power quality mitigation equipment.

Yet currently, utilities do not generally have visibility to this detailed level of power quality data across their distribution grids. For a customer experiencing an outage or a power quality event, it is difficult to quickly determine if the event was specific to their circuit, substation, or area-wide transmission. And for the utility, it is difficult to quickly assess to what degree a given event was ‘felt’ across the network. When events occur in the SEEDZ area, neighboring customers often engage in social networking and email each other to determine the extent of the problem - in parallel with contacting the utility.

SEEDZ is now in the process of establishing an area-wide power quality monitoring system that will aggregate detailed data from customer meters in the area. The system will collect event data from instrumentation at customers, as well as qualitative input on events and customer impacts. Log in access to the SEEDZ Power Quality Monitoring ‘Portal’ will provide users with an immediate view of recent incidents in the area. It will also provide plots of incidents over time versus various power quality standards such as CBEMA-ITIC or P1668, and on a geographic overlay. And it will provide access to root cause information when determined.

The business case for PQ monitoring Justification for PQ data aquisition

The system aims to facilitate improved power quality and resiliency in the area, incorporate leading smart grid power quality standards, and enable the zone to serve as a model and test bed for grid integration of distributed generation, electric vehicles, and advanced industrial uses.

References

  • Understanding the Power Quality Environment: Bill Howe, EPRI (slides)
  • Power Quality and the PG&E System: Jerry Hutchison and Frank Arroyo, PG&E (slides)
  • EPRI’s Power Quality Research Program: Bill Howe, EPRI (slides)
  • Local Power Quality Issues and Monitoring Capabilities: Ralph Renne, NetApp/ Paul Niemann, NetApp (slides)
  • Power Quality Metering: Andy Taylor, Applied Power Technologies (slides)
  • Power Quality Economics: Bill Howe, EPRI (slides)
  • Business Case for Measuring Power Quality: Ralphe Renne, NetApp (slides)
  • Managing Power Quality in Data Center Environments: Dennis Symanski, EPRI (slides)
  • Understanding Equipment Sensitivities: Mark Stephens, EPRI (slides)
  • Power Quality Standards, SEMI F47, IEC 61000-4-34: Mark Stephens, EPRI (slides)
  • Embedded Solutions for Improving End-Use System Performance: Mark Stephens (slides)
  • Mult-Level Approaches for Mitigating Power Quality Issues: Bill Howe, EPRI (slides)
  • High-Definition Power Network Simulation and Visualization: Peter Evans, New Power Technologies (slides)
  • Power Quality Impacts and Mitigation: Larry Owens, Silicon Valley Power (slides)

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