Texas Grid Proposals Spur Calpine to Build New Gas Plants

  • Officials proposing to bolster power grid with fossil fuels
  • Texas concerned about grid after 2021 deadly blackouts

Calpine's power plant in Deer Park, Texas, in 2004.

Photographer: F. Carter Smith/Bloomberg

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Calpine Corp. is planning new natural gas power plants in Texas as state officials move to bolster the grid with fossil-fuel generation.

Calpine’s initial project will be a 425-megawatt gas unit next to an existing facility in Freestone County, the Houston, Texas-based company said Wednesday. Other projects include additional gas plants and installing equipment to capture carbon dioxide emissions at some facilities.