Calpine believes gas will remain primary fuel for US generation
Washington (Platts)--25May2005
Calpine Corp President and CEO Peter Cartwright on Wednesday said he believes the "vast majority" of US power plants built over the next 20 years will be fueled by natural gas, but acknowledged his company was looking at a range of alternative fuels, including petroleum coke for power plants located near oil refineries. Petroleum coke is a byproduct of the oil refining process. In remarks at the company's annual shareholders' meeting, Cartwright also said the company, which is the largest independent power producer in the US, supports increased liquefied natural gas imports into the US. Calpine operates roughly 27,000 MW of generating capacity in North America. The large majority of its generation is gas-fired. This story was originally published in Platts Natural Gas Alert http://www.naturalgasalert.platts.com
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