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Calpine Natural Gas Trust News Releases
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- Founded in 1984
- Headquartered in San Jose, Calif.
- Publicly traded (NYSE: CPN) since 1996
- Listed on the S&P 500
- Has 88 facilities in operation with a total capacity of about 22,000
megawatts
- Has over 10 more facilities under construction that will provide more than
7,000 additional megawatts of capacity
- Owns 1.0 trillion cubic feet of proved natural gas reserves
- Uses clean, proven technologies: natural gas combined-cycle and geothermal energy
- Is the world's leading geothermal power producer. At The Geysers in northern California, Calpine harnesses naturally heated steam from the earth to create renewable "green" electric power.
- Since 1997, Calpine has had a 67% compound annual growth rate in
generating capacity
- Has a safety record much better than the industry average
- According to a survey reported in 2002 in the New York Times, Calpine ranked as the second-lowest emissions-producer of the 100 largest U.S. power companies. (The leader was later sold, moving Calpine to No. 1.)
- Calpine’s natural gas-fired plants produce 95% less nitrogen oxide, 99% less sulfur dioxide, 64% less carbon dioxide, 98% less mercury and 83% less particulate matter than the average U.S. fossil-fuel plant
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