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Calpine CEO Jack Fusco to Present at NARUC Annual Meeting on the Critical Role of Natural Gas-Fired Generation to a Clean, Reliable and Cost-Effective Energy Future

11/15/2010

HOUSTON, Nov 15, 2010 (BUSINESS WIRE) -- Jack Fusco, President and Chief Executive Officer of Calpine Corporation (NYSE:CPN), is scheduled to attend the National Association of Regulatory Utility Commissioners (NARUC) Annual Meeting in Atlanta, Georgia, today, where he will deliver a brief company presentation as part of a panel discussion titled "Say Hello to an Old Friend: The Future Role of Natural Gas in the Electrical Sector."

Mr. Fusco will address the vital role natural gas-fired power plants could play in immediately reducing our nation's greenhouse gas (GHG) and other air emissions like mercury and acid gases compared to older coal plants. For example, simply substituting unutilized existing gas-fired capacity for dirtier generation sources could immediately reduce power sector CO2 GHG emissions by up to 20%. He will also discuss how abundant shale gas supplies in the United States will make it a cost-effective fuel source for electric generation.

The panel discussion will take place at 10:30 a.m. EST/9:30 a.m. CST, during a joint session of NARUC's Committee on Electricity and Committee on Gas.

About Calpine

Founded in 1984, Calpine Corporation is a major U.S. power company, currently capable of delivering nearly 29,000 megawatts of clean, cost-effective, reliable and fuel-efficient power from its 93 operating plants to customers and communities in 21 U.S. states and Canada. Calpine Corporation is committed to helping meet the needs of an economy that demands more and cleaner sources of electricity. Calpine owns, leases and operates low-carbon, natural gas-fired and renewable geothermal power plants. Using advanced technologies, Calpine generates power in a reliable and environmentally responsible manner for the customers and communities it serves. Please visit our website at www.calpine.com for more information.

Forward-Looking Information

In addition to historical information, this release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "believe," "intend," "expect," "anticipate," "plan," "may," "will" and similar expressions identify forward-looking statements. Such statements include, among others, those concerning expected financial performance and strategic and operational plans, as well as assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results to differ materially from those anticipated in the forward-looking statements. Please see the risks identified in this release or in Calpine's reports and registration statements filed with the Securities and Exchange Commission, including, without limitation, the risk factors identified in its Annual Report on Form 10-K for the year ended Dec. 31, 2009, and its Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2010. These filings are available by visiting the Securities and Exchange Commission's website at www.sec.gov or Calpine's website at www.calpine.com. Actual results or developments may differ materially from the expectations expressed or implied in the forward-looking statements, and Calpine undertakes no obligation to update any such statements.

SOURCE: Calpine Corporation

Calpine Corporation
Norma F. Dunn, 713-830-8883 (Media Relations)
norma.dunn@calpine.com
or
Andre Walker, 713-830-8775 (Investor Relations)
andrew@calpine.com