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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 ...
In 1998, as part of a state-brokered deal, LILCO's power generation facilities, including E. F. Barrett, were absorbed into KeySpan Energy, with the public Long Island Power Authority (LIPA) taking over transmission and delivery functions. [16] [17] KeySpan was acquired by National Grid in 2007. [18]
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 ]
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 ...
Long Island Lighting Company. The Long Island Lighting Company, or LILCO ("lil-co"), was an electrical power company and natural gas utility for Long Island, New York, serving 2.7 million people in Nassau, Suffolk and Queens counties, [1] from 1911 until 1998.
On 26 July 2005, National Grid Company was renamed National Grid Electricity Transmission plc, and on 10 October 2005, Transco was renamed National Grid Gas plc. [ 16 ] In February 2006, National Grid announced that it had agreed to buy KeySpan Corporation, [ 17 ] a gas distributor and electricity producer in the United States, for $7.3bn (£4 ...
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 ...
In 2004, KeySpan constructed a new unit, Ravenswood 40, using combined cycle technology with generating capacity of 250 megawatts. 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