Exhibit
23.2



CONSENT OF INDEPENDENT ACCOUNTANTS


We consent to the inclusion in this Registration Statement of California Energy
Company, Inc. on Form S-4 of our report dated March 18, 1994, on our audits  of
the consolidated financial statement schedules of Magma Power Company and
subsidiaries as of December 31, 1993 and 1992 and for each of the three years
in
the period ended December31, 1993 and to the inclusion of our report dated May
6, 1993 on our audits of the Statement of Net Assets Acquired as of March 31,
1993 and Historical Summaries of Gross Revenues and Direct Operating Expenses
for each of the three years in the period ended December 31, 1992 of the
Imperial Valley Geothermal Interests (acquired by Magma Power Company from
Union
Oil Company of California).  We also consent to the reference to our Firm under
the captions "Experts" and "Selected Historical Consolidated Financial and
Operating Data of Magma".



         



/s/ COOPERS & LYBRAND L.L.P.

COOPERS & LYBRAND L.L.P.

San Diego, California
January 27, 1995