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SAN JOSE, Calif., June 5, 2002 -- Calpine Corp. announced its 830-MW Baytown Energy Center, built near the Bayer Corporation chemical facility in Baytown, Texas, has entered combined-cycle operations.
As a cogeneration facility, Baytown is supplying Bayer's chemical plant with all its electricity and steam needs per a 20-year contract. Sales to Bayer will generate approximately 50 percent of the Baytown facility's annual revenue.
The Baytown facility is generating up to 700 megawatts of electricity under base load conditions, with the ability to produce an additional 130 megawatts of "peaking" power during hot summer months, when the demand for electricity in Texas reaches record-highs. Calpine is marketing the remaining electric power into the Texas wholesale market under a variety of short-, mid- and long-term contracts.
"This is the fifth Calpine project to service the needs of a large industrial customer in the Texas market," said Calpine Senior Vice President Diana Knox. "We're providing our industrial and wholesale power customers with a more energy-efficient, environmentally sound product. In fact, the Baytown Energy Center will use up to 40 percent less fuel than the average older technology plants in Texas, generating the equivalent amount of electricity."
The Baytown Energy Center uses combined-cycle technology and advanced emissions controls resulting in 96 percent fewer nitrogen oxide, 99 percent fewer sulfur dioxide and 50 percent fewer carbon dioxide emissions than the Texas average for power plants. The Baytown facility will also contribute to the local economy, providing more than 25 full-time positions, generating state and local property tax revenue and supporting local charitable organizations.
Calpine developed and built the Baytown Power Plant using its Calpine-Construct approach. This is a unique construction management program whereby Calpine oversees every phase of a project's development -- including the design, engineering, procurement and construction of the plant -- to ensure quality and cost control, while providing maximum design flexibility. Siemens Westinghouse Power Corporation of Orlando, Fla. supplied three 501F combustion turbines. Toshiba International Corporation supplied the steam turbine.
About Calpine
Based in San Jose, Calif., Calpine Corporation is an independent power company that is dedicated to providing customers with clean, efficient, natural gas-fired and geothermal power generation. It generates and markets power, through plants it develops, owns and operates, in 21 states in the United States, three provinces in Canada and in the United Kingdom. The company was founded in 1984 and is publicly traded on the New York Stock Exchange under the symbol CPN. For more information about Calpine, visit its website at www.calpine.com.
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