March 26, 2003—Calpine Corp., the world’s largest producer of renewable geothermal energy, has entered into a long-term power sales agreement with Southern California Edison (SCE) to deliver two hundred megawatts of baseload renewable energy.
The contract was approved by the California Public Utilities Commission on January 30, 2003 and has a minimum term of five years. Power will originate from Calpine’s system of geothermal power projects at The Geysers located in northern California.
Further, Calpine is expanding and extending its geothermal energy production through wastewater recharge projects whereby clean reclaimed wastewater from local municipalities is recycled into the geothermal reservoir, where it is converted into steam for electricity production. This provides an environmentally sound wastewater discharge solution for neighboring cities while increasing the productivity and extending the life of the geothermal resource.
