11.07.05

11.7.2005: Meldung: Calpine Corp.: 79.9-Megawatt Bethpage 3 Power Plant Enters Operation - 500 Megawatts of Power Supply in Time for California"s Peak Summer Demand

Calpine"s 79.9-Megawatt Bethpage 3 Power Plant Enters Operation
Friday July 8, 3:10 pm ET
Long Island"s Cleanest and Most Fuel-Efficient Power Plant to Serve LIPA Under a 20-Year Contract

SAN JOSE, Calif., July 8 / Calpine Corporation"s (NYSE: CPN - News) Bethpage 3 power plant is generating electricity -- just in time for Long Island"s peak summer demand period. Bethpage 3 is the region"s first modern, combined-cycle power plant and is the cleanest fossil-fueled power generator on Long Island. Calpine"s new plant provides up to 79.9 megawatts of electricity to Long Island Power Authority (LIPA) customers under a 20-year contract for capacity, energy and other energy-related services. Located adjacent to existing Calpine plants in Hicksville, N.Y., Bethpage 3 is Calpine"s fifth power plant operating in the Long Island/New York City power market.

"New York energy officials have identified an urgent and continuing need for new generating resources to serve the state"s growing demand for electricity, and Bethpage 3 is a timely addition to Long Island"s electric powermarket," said Calpine Vice President Paul Barnett. "We appreciate LIPA"s continued confidence in our ability to develop successful projects that enhance the reliability of the region"s power grid and provide Long Island consumers with clean and competitively-priced electric power supplies."

Calpine"s Bethpage 3 power plant is the result of a LIPA competitive solicitation for new energy resources. Calpine initiated construction of Bethpage 3 in July 2004 and was able to begin operations in less than one year. The plant was built under the Calpine Construct Plus model, where Calpine serves as general contractor for the facility -- again demonstrating Calpine"s ability to provide value to its customers by integrating all aspects of power plant development, including engineering, construction, commissioning, operations and maintenance.

Bethpage 3 turbine components include a 47-megawatt GE LM6000PC combustion turbine operating in a combined-cycle configuration with a 33-megawatt Siemens-Westinghouse steam turbine to maximize fuel efficiency. The project also uses a once through steam generator manufactured by IST and is equipped with selective catalytic reduction technology and an oxidation catalyst to reduce air emissions in accordance with stringent state and federal limits. The facility interconnects with Keyspan for natural gas deliveries to the site and with LIPA"s 69.9kV transmission system. To ensure maximum seasonal flexibility, the plant is capable of providing electricity around-the-clock and can be called upon to quickly power up to provide additional capacity during peak demand periods.

About Calpine

A major power company, Calpine Corporation supplies customers and communities with electricity from clean, efficient, natural gas-fired and geothermal power plants. Calpine owns, leases and operates integrated systems of plants in 21 U.S. states, three Canadian provinces and in the United Kingdom. Its customized products and services include wholesale and retail electricity, natural gas, gas turbine components and services, energy management, and a wide range of power plant engineering, construction and operations services. Calpine was founded in 1984. It is included in the S&P 500 Index and is publicly traded on the New York Stock Exchange under the symbol CPN. For more information, visit http://www.calpine.com .

Source: Calpine Corporation


[f}Calpine Adds Another 500 Megawatts of Power Supply in Time for California"s Peak Summer Demand
Friday July 8, 2:54 pm ET
Pastoria Energy Center Is Now Fully Operational and Producing 750 Megawatts

SAN JOSE, Calif., July 8 / The 500-megawatt Phase II of Calpine Corporation"s (NYSE: CPN - News) Pastoria Energy Center has begun operation, bringing the plant"s total output to 750 megawatts. Pastoria, which is capable of providing enough power to satisfy the needs of 750,000 households, is the single-largest capacity addition that will occur in California before this year"s peak summer power demand.

The Pastoria Energy Center is achieving full output at a time when California, especially southern California, is once again facing electricity supply challenges. In a report issued this spring, the California Independent System Operator forecasts record power demand will occur this July and August, eclipsing last year"s demand record by more than 1,000 megawatts. The California Energy Commission (CEC) has issued similar projections and expressed concerns about adequate power supplies as well as transmission constraints.

"At a time when California"s energy agencies are warning of possible energy shortages, once again Calpine is coming through with much needed new energy supplies in time for the hot summer months," said Calpine"s Vice President of Marketing & Sales David Lewis. "Calpine has been widely acknowledged for its role in helping keep California"s lights on. With the Pastoria Energy Center, Calpine continues to deliver competitive solutions to meet the state"s growing energy needs."

The Pastoria Energy Center has been built in two stages with the 250-megawatt Phase I beginning operation in May. In June, Calpine"s 600-megawatt Metcalf Energy Center in San Jose began operation. With the completion of Pastoria, these projects increase Calpine"s California project portfolio to 41 power plants totaling more than 5,250 megawatts of capacity, enough electricity to satisfy the power needs of more than five million households.

"Calpine is a California-based company and over the years we"ve made an unprecedented $5 billion investment in California"s energy future," added Calpine"s Lewis. "This year alone Calpine is adding 1,350 megawatts of the most advanced, efficient, and environmentally accountable generation to ever be built in the state."

Located thirty miles south of Bakersfield, Pastoria occupies property leased from the Tejon Ranch Corporation and interconnects to the Southern California Edison transmission system. The facility operates in a "combined-cycle" configuration allowing Pastoria to consume up to 30 percent less natural gas as compared to older power plants in the state. This improvement in operating efficiency means that less fuel is burned and less greenhouse gas is emitted per megawatt of power generated when compared to coal-fired or older gas-fired power plants.

Calpine is currently evaluating the possible addition of another unit at Pastoria. If this project were to proceed, the Pastoria build-out would include the installation of an additional 160-megawatt combustion turbine as a simple cycle peaking facility. The addition is currently pending approval before the CEC and will proceed if Calpine is successful in securing a long- term power purchase agreement for the unit"s output.

About Calpine

A major power company, Calpine Corporation supplies customers and communities with electricity from clean, efficient, natural gas-fired and geothermal power plants. Calpine owns, leases and operates integrated systems of plants in 21 U.S. states, three Canadian provinces and in the United Kingdom. Its customized products and services include wholesale and retail electricity, natural gas, gas turbine components and services, energy management, and a wide range of power plant engineering, construction, operations and maintenance services. Calpine was founded in 1984. It is included in the S&P 500 Index and is publicly traded on the New York Stock Exchange under the symbol CPN. For more information, visit http://www.calpine.com .

Source: Calpine Corporation
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