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The Long Island Power Authority is the owner of the system and holder of its debt. On July 29, 2013 the state legislature passed a law implementing Governor Cuomo's plan. On January 1, 2014 PSEG rebranded the LIPA system "PSEG Long Island", effectively removing the LIPA name from the public eye. 2013 LIPA Reform Act
The Long Island Power Authority (LIPA), headed by Richard Kessel, was created in 1986 specifically to buy the plant from LILCO. In 1992, LIPA bought Shoreham from LILCO for the nominal sum of one dollar and closed it, making Shoreham the first commercial nuclear power plant in the US to be dismantled. The plant was fully decommissioned in 1994.
The project was funded by the United States Department of Energy, and operates as part of the Long Island Power Authority (LIPA) power grid. The project team comprised American Superconductor, Nexans, Air Liquide and LIPA. It broke ground on July 4, 2006, was first energized April 22, 2008, and was commissioned on June 25, 2008.
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.
Richard Kessel. Richard M. Kessel (born c. 1950) is a power industry executive who was formerly President and chief executive officer of the New York Power Authority, the largest state-owned public utility company in the United States. Kessel started as a consumer advocate who led the opposition to the construction and operation of the Shoreham ...
The Long Island Power Authority or LIPA ["lie-pah"], a municipal subdivision of the State of New York, was created under the Long Island Power Act of 1985 to acquire the Long Island Lighting Company (LILCO)'s assets and securities. A second Long Island Power Authority (LIPA), a wholly-owned subsidiary of the first, acquired LILCO's transmission ...
E. F. Barrett Power Station. / 40.61639°N 73.64750°W / 40.61639; -73.64750. The E. F. Barrett Power Station (also known as the Island Park Energy Center) is a power plant in Nassau County, New York, United States. The main plant is in Barnum Island, with outlying facilities in neighboring Island Park and Oceanside.
In 1998, as part of a state-brokered deal, LILCO's power generation facilities, including the Glenwood plant, were absorbed into KeySpan Energy, with the public Long Island Power Authority (LIPA) taking over transmission and delivery functions. KeySpan would be acquired by National Grid in 2007.