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San Jose Clean Energy to amend battery-storage contract after transmission delays; price reduced, dates moved

2497472 · March 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

San Jose Clean Energy won council approval to amend its contract with NextEra’s Yellow Pine Solar 3 battery project after transmission upgrades delayed commercial operation dates; the amendment reduces price and extends commercial online dates to meet CPUC resource adequacy deadlines.

The San Jose City Council on March 4 authorized staff to amend an existing power purchase and storage services agreement with Yellow Pine Solar 3, a battery storage project developed by NextEra Energy Resources, to reflect multi-year transmission delays and a reduced fixed price over the contract term.

City energy staff said the amendment responds to transmission upgrades outside the developer’s control. The contract originally assumed commercial operation of the storage and tolling product in June 2025, but the upgrades pushed the tolling (charge/discharge) date…

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