All large energy consumers face the same basic risk management issue; extreme price volatility that can batter budgets and even threaten earnings targets. An astoundingly high number of energy managers deal with volatility by simply running a bid process periodically that requests a fixed price for their full volumetric requirements. While this transactional approach might assure that they see the best price on a given day, it completely ignores the fact that they may have picked a high-priced day to buy all their energy, and that risk presents itself in both detrimental and beneficial forms.
At Calpine Energy Solutions, we work primarily with clients who want to transform their approach to energy risk management by helping them construct and follow a disciplined process. We believe that energy risk management must begin with the quantification of risk in both its detrimental and beneficial forms. Only then can we have clear-eyed discussions that help clients define risk tolerance levels and establish policies that will drive results while also honoring established risk boundaries.
Our PowerFolio3D™ suite of web-based analytical tools enables us to run simulations that measure the expected impacts of various risk mitigation actions to a client’s cost, risk and carbon objectives. Having the ability to test strategies shines light on where risks reside which enables us to more precisely constrain detrimental risks and preserve beneficial risks consistent with each client’s tolerance level. To learn more about our approach to risk management please explore the stages of the process wheel below.
Terms of Service.
Welcome to the Calpine Energy Solutions website. The Terms of Service (TOS) below apply to your use of any and all internet sites operated by Calpine Corporation and any if its subsidiaries or affiliates ("Calpine", "we", "our" and "us"). The term "you" or "your" includes any of your subsidiaries, affiliates, and employees.
Your use of this Site in any form, you agree that you have read, understand and agree to be bound by these terms, and you agree to abide by any rules, policies, and guidelines in connection with such use.
IF YOU DO NOT AGREE TO ANY OF THESE TERMS, PLEASE DO NOT USE THIS SITE AND LEAVE THE SITE IMMEDITELY.
Calpine may modify these TOS from time to time without prior notice. Modifications shall be effective immediately upon being posted on the Site. You are responsible for reviewing the TOS on this website. Your use of the Site after modifications have been posted constitutes your agreement to be bound by the TOS as modified. If you disagree with the TOS modifications, please discontinue use of the site. Calpine reserves the right to change, modify or discontinue, temporarily or permanently, the Site (or any portion thereof), including any and all content contained on the Site, at any time without notice. Calpine shall not be liable to you or to any third party for any modification, suspension or discontinuance of the Site (or any portion thereof).
Only individuals (and not legal entities) who (a) have reached the age of majority (eighteen in most states), (b) have legal capacity to enter into contracts and (c) are citizens of or residents living in the continental United States of America, Alaska, Hawaii or the District of Columbia may buy, manage and pay for products and services through this Site. If you are under the age of majority or otherwise cannot lawfully enter into a contract, you must have your parent or guardian place an order on your behalf and thereby assent to these Conditions of Sale. Any orders placed in contravention to this provision shall be null and void.
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We use reasonable security measures that are designed to protect personal information from accidental loss, disclosure, misuse, and destruction. These measures may include regular review of our data collection and storage processes, data encryption, and security software on our networks and servers. Please be aware, however, that no data security measures can be completely effective. Consequently, you understand and agree that such steps do not guarantee that use of the Site is invulnerable to all security breaches, and that Calpine makes no warranty or representation nor can it ensure that use of any of our Site is protected from viruses, security threats or other vulnerabilities. You transmit information to us at your own risk.
While every effort will be made to ensure that the descriptions, information, and service descriptions or other content of the Sites is accurate, complete, reliable, updated, current, or error-free, Calpine does not warrant that the Site is error free. In the event Calpine determines that a service contains an inaccurate price or description, Calpine reserves the right to take any action it deems reasonable and necessary, in its sole discretion, to rectify the error, unless prohibited by law. Calpine may make improvements or changes to any of its content, information or services described on the Sites at any time without notice. You agree to notify Calpine immediately if you become aware of any pricing or descriptive errors or inconsistencies with any services you order through the Sites and to comply with any corrective action.
Our Site includes a combination of content that we and other third parties create (collectively, the “Content”). All of the Content available through the Site, including, but not limited to, written content, interface design and layout, photographs, graphics, images, illustrations, marks, logos, sound or video clips, software code and animation, is trademarked or copyright protected. You may not use, store, display, modify, reproduce, publish, transmit, participate in the transfer or sale of, create derivative works of, distribute, publicly perform, publicly display, or in any way exploit any of the materials or Content on the Site in whole or in part. If you would like to request permission to use any of the Content on the Site, please contact us.
Calpine respects the copyright interests of others and, as such, requires our users to comply with these TOS and all applicable laws regarding copyrights. If you believe that any content shown on or transmitted through the Site violates these TOS or your copyright, please report the violation to: CorporateCommunications@calpine.com and provide the following information:
You may download one copy of the materials in this website for viewing [and printing a single copy of limited portions of the material] on a single computer [for personal use only or any other limitation]. Except as stated above, you may not download, upload, display, copy, reproduce, reprint, modify or distribute the material without the express prior written consent of Calpine.
All trademarks, service marks and trade names, including federal state and common law, are proprietary of Calpine unless otherwise indicated.
Calpine welcomes your comments. Unfortunately, however, Calpine’s long-standing company policy does not allow it to accept or consider creative ideas, suggestions or materials other than those it has specifically requested. Accordingly, we must ask that you not send us any original or creative ideas, suggestions or materials. While Calpine does value your feedback on our services and products, we request that you be specific in your comments on those services and products, and do not submit any creative ideas, suggestions or materials. If despite our requests that you do not send Calpine any such materials, you send Calpine creative suggestions, ideas, notes, drawings, concepts or other information (collectively, the "Contribution"), such Contribution shall be deemed, and shall remain, the exclusive property of Calpine, unless prohibited by law in which case you hereby grant Calpine a perpetual, worldwide, irrevocable, unrestricted, non-exclusive, royalty-free license to use the Contributions in any manner whatsoever without compensation or attribution to you. Use of the Contribution shall not require permission from or payment to you or to any other person or entity. No Contribution shall be subject to any obligation of confidentiality, express of implied, on the part of Calpine, and Calpine shall not be liable for any use or disclosure of the Contribution. You represent and warrant that you own or otherwise control all of the rights to the Contribution that you post, that the Contribution is accurate and, that use of the Contribution you supply does not violate these TOS and will not cause injury to any person or entity. Without limiting the foregoing, Calpine shall exclusively own all now known or hereafter existing rights to any Contribution.
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Some of the information on this website may contain projections or other forward-looking statements regarding future events or the future financial performance of Calpine. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We refer you to the documents that Calpine files from time to time with the United States Securities and Exchange Commission, including the company's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. These documents identify important factors that could cause Calpine's actual results to differ materially from those contained in any projections or forward-looking statements.
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CALPINE HEREBY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, STATUTORY, ORAL OR WRITTEN, INCLUDING, WITHOUT LIMITATION, ANY AND ALL IMPLIED WARRANTIES OF MERCHANTABILITY, REASONABLE CARE, ACCURACY, FITNESS FOR A PARTICULAR PURPOSE, AND ANY AND ALL WARRANTIES OF TITLE, ACCURACY OF DATE AND/OR NON-INFRINGEMENT, UNLESS OTHERWISE PROHIBITED BY LAW.
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If you breach any of the terms of these TOS, Calpine may terminate your right to use the Website. Upon such termination, you immediately shall delete or destroy any copies (electronic or otherwise) of the Content or any other materials or information you have obtained from the Website.
No delay or omission by Calpine to exercise any right or power occurring upon any breach of these TOS shall impair any such right or power or be construed to be a waiver thereof. A waiver by Calpine of any breach of these TOS shall not be construed to be a waiver of any subsequent breach.
The determination that any provision of these TOS is invalid or unenforceable will not affect the validity or enforceability of the remaining provisions or of that provision under other circumstances. Any invalid or unenforceable provision will be enforced to the maximum extent permitted by law.
If you have questions about these TOS, do not hesitate to contact us at firstname.lastname@example.org.