California utilities ordered to negotiate energy contracts with gas-fired Sutter plant

Source: Calpine Corporation 

Located near Yuba City, Sutter is one of the state’s newest and cleanest natural gas-fired power plants. This modern, efficient, ultra-low water consumption, combined-cycle power generation facility has the capacity to produce up to 578 megawatts of electricity. The California Public Utilities Commission (CPUC) has approved a resolution ordering California’s three investor-owned utilities to negotiate to enter a contract with Calpine Corporation's (NYSE:CPN) Sutter Energy Center (Sutter) within the next 30 days. In taking this action, the CPUC acknowledged that Sutter’s capacity and operational flexibility will be needed for system reliability in coming years. 

Located near Yuba City, Sutter is one of the state’s newest and cleanest natural gas-fired power plants. This modern, efficient, ultra-low water consumption, combined-cycle power generation facility has the capacity to produce up to 578 megawatts of electricity. It commenced commercial operation in 2001 and is a vital contributor to the local Sacramento Valley economy, generating more than $2.6 million in annual property tax revenue and employing 26 local residents with an annual payroll of approximately $3 million.

Calpine Corporation is the largest independent power producer in the U.S., with a fleet of 93 power generation plants representing more than 28,000 megawatts of generation capacity.



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