Country United States Commission date 1963 (1963) | Status Operational Primary fuel natural gas | |
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Location Long Island City, Queens, New York Owner(s) TransCanada Corporation | ||
Ravenswood Generating Station is a 2,480 megawatt power plant in Long Island City in Queens, New York. It is owned and operated by TransCanada Corporation. The plant uses natural gas, fuel oil and kerosene to power its boilers.
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History
Ravenswood was originally built and owned by Consolidated Edison of New York Inc. (Con Edison) in 1963. The first two units constructed in 1963 were Ravenswood 10 and 20, each having a generating capacity of approximately 385 megawatts. Then, in 1965, Ravenswood 30 (commonly called "Big Allis") was commissioned with a generating capacity of nearly 981 megawatts. In the 1970s, multiple combustion turbine units were installed in a simple cycle configuration to meet peak power demands.
Due to deregulation of the energy markets in New York State, Con Edison was required to sell all of its "in-city" generating stations in New York City including Ravenswood. In 1999, Con Edison transferred ownership of Ravenswood to KeySpan Energy (KeySpan) for $597 million. In 2004, KeySpan constructed a new unit, Ravenswood 40, using combined cycle technology with generating capacity of 250 megawats.
National Grid plc acquired KeySpan in 2007 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. So on August 26, 2008, Ravenswood was sold by National Grid to TransCanada Corporation for $2.9 Billion. Trans Canada has put Ravenswood up for sale.
Description
Ravenswood is located in Long Island City in Queens, New York. The facility borders Roosevelt Island. The site is connected to the New York City electrical system through the 138 kV Vernon substation and the 345 kV Rainey substation. It is capable of producing 2,480MW of energy.