These power agreements provide the flexibility and reliability Reliant demands to meet their customers’ energy needs. Calpine will serve Reliant’s load from its Electric Reliability Council of Texas (ERCOT) system of modern, natural gas-fired power plants totaling approximately 2,700 megawatts of capacity. Calpine’s unique systems approach to generation allows it to serve its customers from a variety of generation sources to best match its customers’ energy profiles.
ALBUQUERQUE, N.M., July 17, 2001 – Public Service Company of New Mexico (PNM) reported its second quarter 2001 earnings were nearly three times the earnings for the same quarter last year, despite a loss from reduced value of trading contracts and a charge for the proposed transaction with Western Resources.
