INDEPENDENT AUDITORS' CONSENT




We consent to the incorporation by reference in this Registration Statement of
CalEnergy Company, Inc., CalEnergy Capital Trust III, CalEnergy Capital Trust
IV and CalEnergy Capital Trust V on Form S-3 of our reports dated January 31,
1997 (February 27, 1997 as to Notes 6 and 20 to the consolidated financial
statements), appearing in and incorporated by reference in the Annual Report on
Form 10-K of CalEnergy Company, Inc. for the year ended December 31, 1996, and
to the reference to us under the heading "Experts" in the Prospectus, which is
a part of this Registration Statement.




DELOITTE & TOUCHE LLP

Omaha, Nebraska
August 4, 1977