Wikipedia
Calpine Corporation is America’s largest generator of electricity from natural gas and geothermal resources. A Fortune 500 company based in Houston, Texas, the company’s stock trades on the New York Stock Exchange under the symbol CPN. Its fleet of 84 power plants in operation or under construction represents more 27,000 megawatts of generation capacity. Through wholesale power operations and its retail business, Champion Energy, Calpine serves customers in 21 states and Canada.
The company specializes in developing, constructing, owning and operating natural gas-fired and renewable geothermal power plants. In 2014, while M.J. Bradley & Associates ranked Calpine as the nation’s eighth largest power producer, it ranked the company 77th, 79th and 70th with regard to emissions of SO, NO and CO, respectively, with no mercury emissions in its gas-fired fleet. These results reflect efficient operation of a modern fleet with no coal-fired generation.
Calpine’s predominantly gas-fired fleet also benefits from the nations’ abundant and affordable supply of natural gas and the increasing need for dispatchable power plants to successfully integrate intermittent renewables into the grid. The company advocates for responsible environmental regulation, competitive wholesale power markets and market-driven solutions that result in nondiscriminatory forward price signals for investors.