Calpine

The Public Utility Commission of Texas (PUCT) has executed its first agreement under the Texas Energy Fund (TxEF) Completion Bonus Grant (CBG) Program, awarding the Lower Colorado River Authority (LCRA) up to $22.56 million for its 188-MW Timmerman Power Plant Unit 1, a new natural gas–fired plant in Caldwell County, Texas. The agreement marks the operational launch of Texas’s performance-contingent funding mechanism, which is designed to accelerate […]

American Electric Power (AEP) and Calpine Corp. separately announced significant leadership reshuffles on Feb. 27, marking new chapters for the power giants. Investor-owned utility AEP, with immediate effectiveness, removed AEP Chair, President, and CEO Julie Sloat, appointing Benjamin G.S. Fowke III, an AEP Board of Directors member and the former chairman and CEO of Xcel Energy, […]

Two major U.S. gas power plants will be part of the Department of Energy’s (DOE’s) efforts to develop carbon capture technologies capable of capturing at least 95% of carbon dioxide.  The agency’s Office of Fossil Energy and Carbon Management (FECM) on Aug. 26 announced $31 million in funding for 10 projects. While many of the […]

GreenFire Energy Inc. to Partner with Calpine Corporation to Implement Its Steam Dominated GreenLoop Technology San Francisco, California – February 17, 2022, GreenFire Energy Inc. announced today that it was awarded more than $2.7 million by the California Energy Commission (CEC) to install its Steam Dominated GreenLoop (SDGL) technology at The Geysers geothermal field in […]

HOUSTON, Texas (August 18, 2021) – Calpine Corporation (Calpine), America’s premier privately held competitive power company, published its first-ever sustainability report today. The report highlights Calpine’s performance through an environmental, social and governance (ESG) lens, examining the company’s state-of-the-art portfolio of clean, flexible, and reliable power plants and renewable generation. Today, Calpine is the nation’s […]

HOUSTON, Texas (July 21, 2021) — Calpine and GE Renewable Energy announced today the completion of the Santa Ana Storage Project (SASP) in Southern California. The project contains a 20MW/80MWh (4hr) standalone battery energy storage system using GE’s Reservoir energy storage technology. The system, now in commercial operation, is supported by a 20-year Resource Adequacy […]

PJM Interconnection will not run a base residual auction (BRA) until the Federal Energy Regulatory Commission (FERC) approves recalculated Minimum Offer Price Rule (MOPR) floor prices for new and existing resources as directed by the federal entity’s ground-shaking Dec. 19 capacity market order. But when that will occur is still highly uncertain. In a presentation […]

The U.S. Supreme Court’s refusal to reconsider industry-led challenges to state nuclear subsidy programs in New York and Illinois leaves the contentious matter to the Federal Energy Regulatory Commission (FERC).  The high court on April 15 declined to accept petitions for review of decisions by the Second Circuit and Seventh Circuit, dealing a major blow […]

Facility has been turned over to the customer, Calpine Mid-Merit Combined-Cycle Power Station has begun commercial operations New facility will provide power to nearly 800,000 customers HOUSTON, March 18, 2019 – McDermott International, Inc. (NYSE: MDR) announced today it successfully achieved substantial completion at Calpine’s York 2 Energy Center, a combined-cycle gas power station in […]

Grappling with a historically low planning reserve margin of 7.4%, owing to a mass of coal plant closures, the Electric Reliability Council of Texas (ERCOT) is forecasting record electric use this summer and warns it could issue energy alerts at “various times.”  ERCOT said its March 5–released final Seasonal Assessment of Resource Adequacy (SARA) for […]