There could be several possible reasons and solutions for this error, basically what is happening is for some reason the CD/DVD burning software is unable to determine the Optimum Power Calibration rate (a small pre-burn test to determine optimal laser power for writing), resulting a disk burn failure. There is no easy way to pinpoint the exact reason, so try all the possible fixes from top to bottom (easy to hard) and see what works:
Try using different brands of quality blank media, most common reason for such error's is cheap blank media.
Try burning at lower speeds (Highly effective).
Disable IMAPI Service (Work's in most cases):
1. Launch Control Panel -> Administrative Tools -> Services .
2. Browse for "IMAPI CD-Burning COM Service", Right-click on it and select properties.
3. Change Startup Type to Disabled.
*www.megaleecher.net/uploads/disable_IMAPI.jpg
4. Click Apply and Reboot.
Try updating or changing your CD\DVD burning software to the latest version.
Try upgrading your writer's firmware.
If all the above fails the problem is definitely related to hardware and not software, Go ahead and get your burner laser lens cleaned by a professional.
If all the above fails the drive's laser might have died and you need to get it replaced.