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National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks, and in the Northeastern United States, where as well as operating transmission networks, the company produces and supplies electricity and gas ...
A bill was introduced in 2016 that would enhance rate setting abilities by the New York State Public Service Commission. It would have also lifted a provision from state law that disallows LIPA from buying cheap hydroelectric energy directly from the New York Power Authority - see the Green Island Power Authority for comparison. A news article ...
Niagara Mohawk Power Corporation was a New York State utility company, which was acquired in 2000 by National Grid plc. [1] The Niagara Mohawk Power Corporation designation was retired, using variations of NationalGridUS (such as National Grid Buffalo), [2] though its official designation on annual reports is still Niagara Mohawk Power Corporation.
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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]