Jan. 18, 2021 By Allie Griffin
A New York-based power company is rebranding its Long Island City subsidiary–Ravenswood Generating–as it looks to convey its commitment to clean energy production.
LS Power is renaming Ravenswood Generating — which operates New York City’s largest power generator, Ravenswood Generating Station — to Rise Light & Power.
Ravenswood Generating was acquired by LS Power in 2017. LS Power has renamed it to reflect its effort to integrate more clean energy practices into the subsidiary.
Rise Light & Power will continue to operate the 28-acre waterfront power facility in Long Island City, which provides more than 20 percent of the city’s generation capacity.
But it will also focus on large-scale clean energy projects.
LS Power has invested more than $160 million in modernization and resiliency upgrades at the Long Island City power generating station since 2017. It removed more than 300MW of fossil-fired peakers from service to make way for new clean energy infrastructure.
“LS Power is proud to be a part of New York’s transition to clean energy,” said Paul Segal, CEO of LS Power, owner of Rise Light & Power. “By launching Rise Light & Power, our goal is to reassert our commitment to directing our efforts and capital toward enabling an affordable energy transition while maintaining essential reliable electric service.”
The company will also create a large-scale battery energy storage facility and is working on a project to supply 15 percent of New York City’s electricity needs with new wind and solar energy from upstate New York.
Living across from Ravenswood, on Roosevelt Island, I’ll believe that they are trying to do better when I no longer see the Yellow smoke or the horrible smell of the oil burning from the smoke stacks