Our Company
A step ahead, every step of the way.
For the past 40 years, Calpine has been at the forefront of the power generation industry. Our operational and commercial expertise, our innovative approach to meeting customer needs and our commitment to sustainability make us America’s premier competitive power company.
Unmatched Expertise
Operational
With safety as our foremost priority, Calpine takes great pride in the operating performance of our fleet. Our power projects demonstrate our ongoing commitment to reliability.
Technological
Calpine has a well-established track record of successfully operating the nation’s largest fleet of F-frame combustion turbines and largest fleet of combined heat and power technology. We are a leader in the emerging carbon capture space. Our deep technological experience is an advantage that sets Calpine apart.
Commercial
Wholesale or retail, physical or financial: Our commercial teams are capable of meeting customer needs at all levels of complexity. Our diverse geographic footprint gives us extensive first-hand knowledge of key power and natural gas markets.
Customer-Centered
At Calpine, we’re focused on meeting our customers’ needs for clean and reliable power. That focus is found in the entire organization: From our residential and commercial retail customers that depend on our power for their homes and businesses every day; to our municipal and local utility customers that count on us for grid reliability; to the steam hosts at our cogeneration facilities whose industrial processes impact global supply networks – our customers are why we do what we do.
Sustainable Stewards
The U.S. is embarking upon a transition to lower-carbon sources of energy. Calpine was made for this moment. Leveraging our origins in a cleaner, natural gas and geothermal fleet, our emerging storage and carbon capture efforts are leading the way toward an even more sustainable footprint.
Learn more about our policy priorities for a sustainable future →
Our Story
In 1984, Calpine was formed with an investment in 1 MW of geothermal capacity in Northern California. Today, Calpine is powering approximately 27 million homes every year. We operate 78 facilities in 22 states and Canada. Since the beginning, we have been committed to delivering clean and reliable energy to our customers.
We are proud to lead the nation’s energy transition. While our role evolves with the times, it has featured clean, reliable energy since Day One.
Our Values
America’s energy demands are changing. The need for clean and reliable energy is growing.
Calpine continues to evolve along to meet these needs. The core of who we are – our values – will never change.
Experience
As America’s largest generator of electricity from natural gas and geothermal resources, Calpine is leveraging its deep expertise and geographic diversity to deliver clean, reliable power across the United States. Calpine operates one of the youngest, most efficient fleets of gas-fired power plants in the nation that are built to provide the reliability needed to support America’s energy grid. We proudly operate more highly efficient cogeneration plants than any other power generator in the nation and are leading the charge on cutting-edge carbon capture and energy storage projects. We also are investing in one of the world’s largest grid-connected battery systems to keep the power grid up and running during peak periods of use while integrating intermittent renewables into the grid.
Innovation
Calpine is investing in innovative technologies to help our customers achieve their clean energy goals. In addition to having emissions control technology on all of our gas-fired units, Calpine is leading the charge on cutting-edge carbon capture and storage technologies that will allow our plants to supply the electric grid with low-carbon power 24 hours a day, seven days a week. Calpine is also a top investor in energy storage and operates the biggest geothermal facility in the world — California’s largest single source of renewable power.
Growth
Calpine takes an intentional approach to growth, designed to support the needs of our customers for clean and reliable power now and into the future. We prioritize cost-effective pathways to decarbonization and continually optimize and modernize our assets to ensure our fleet remains one of the most efficient in the industry. Our flexible plants and battery storage systems also help stabilize the grid by integrating intermittent renewables.
Calpine has embarked on a new development program to grow its generation business where needed by local communities and to expand our renewable and zero-carbon efforts including expansion at The Geysers, our geothermal generation facilities, as well as large-scale battery storage, a new solar project and carbon capture and sequestration projects.
Safety
Safety is a core value at Calpine. It is ingrained in our culture, serving as the bedrock of our operational excellence.
The safety of our employees, communities, environment and assets is at the heart of what we do.
