<PAGE> 1
EXHIBIT 23.1
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the incorporation by
reference in this Amendment No. 1 to the Registration Statement on Form S-3 (5%
Convertible Preferred Securities of Calpine Capital Trust III ("HIGH TIDES"), 5%
Convertible Subordinated Debentures due August 1, 2030 of Calpine Corporation,
the Common Stock of Calpine Corporation and the Guarantee of the HIGH TIDES
issued by Calpine Corporation) of our report dated January 31, 2000 included in
Calpine Corporation's Form 10-K for the year ended December 31, 1999 and to all
references to our Firm included in this Amendment No. 1 to the Registration
Statement.
San Francisco, California
November 10, 2000
