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KeySpan Corporation. Natural gas utility on Long Island and in Brooklyn and Queens Counties; parts of Massachusetts and New Hampshire. KeySpan Corporation was the fifth largest distributor of natural gas in the United States. KeySpan was formed in 1998 as a result of the merger of Brooklyn Union Gas Company (founded 1895 by merging several ...
[16] [17] KeySpan was acquired by National Grid in 2007. [18] National Grid applied in 2013 to re-power the plant and increase its capacity. [5] The proposal was to replace the current units with one or two combined cycle power plants and potentially additional simple cycle peaking plants.
KeySpan merged with National Grid USA in 2007, and National Grid began operating the electric infrastructure portion of LIPA business until 2013. Since January 1, 2014, LIPA has contracted with New Jersey-based Public Service Enterprise Group to operate LIPA's electric infrastructure on LIPA's behalf for a period of 12 years. [3]
National Grid plc acquired KeySpan in 2007 [4] but due to its involvement in electrical transmission the New York Public Service Commission required National Grid to sell Ravenswood to ensure competition in the market. On August 26, 2008, Ravenswood was sold by National Grid to TransCanada Corporation for $2.9 billion. [5]
August 20, 2024 at 8:49 AM. NEW YORK CITY - The power company Con Edison is accused of overcharging customers to the tune of 100% higher than National Grid. "It began with complaints from ...
Glenwood Generating Station in 1936. It was founded by Ellis Laurimore Phillips, an engineer, and a group of New York City investors, including George W. Olmsted. [2] At the time, Long Island had multiple small power utilities that served individual villages; their business plan was to acquire these and interconnect them into an island-wide grid.
The Northport Power Station, known as “The Stacks” by locals, is the largest power generation facility on Long Island. It is a natural gas and conventional oil electric power generating station located on the North Shore of Long Island in Fort Salonga, New York. [1] The facility was built by the Long Island Lighting Company (LILCO) in ...
[26] [27] The site's municipal and school payments in lieu of taxes fell from $23.2 million in 2012 to $16.6 million in 2015. [28] Station 3 was demolished in November 2013, and demolition of Station 2 was completed in 2015. National Grid opted for a controlled deconstruction rather than an implosion or using a wrecking ball. [14]
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