TransGas Energy Systems’ proposed Cogeneration Facility will produce energy that is more efficient than the existing facilities in New York City.
This operation is estimated to bring an investment of over $1 billion of private sector funding to the East River waterfront. The plant will use natural gas to generate 1,100 megawatts of electricity and up to 2 million pounds per hour of steam.
Forty years ago, mainframe computers were very costly and very rare. The invention of the personal computer was still nearly two decades away.
Forty years ago, the Verrazzano Narrows Bridge hadn’t been built. Neither had Lincoln Center. Forty years ago the Boeing 747 didn’t exist and hadn’t even been conceived.
The older baseload plants employ the power generation technology of the 1940s. They were state-of-the-art for their day. But they were built without the benefit of modern combustion control technologies, without the benefit of computer aided design, and long before efficient combined-cycle generating
technology had been developed. It is past time for New York’s old plants to be replaced. TGE is proud to be developing the TransGas Energy Cogeneration Facility — which is much cleaner, more efficient, and more reliable than existing in-City plants.