Calpine CEO Jack Fusco to Present at NARUC Annual Meeting on the Critical Role of Natural Gas-Fired Generation to a Clean, Re...
November 15 2010 - 7:00AM
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.
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