Yes, there will be hundreds of construction jobs created for approximately two years while the facility is being built. There will also be several permanent positions to operate and maintain the facility. The expectation is that many of these positions will be filled by skilled labor in the community and surrounding areas. The positions and socioeconomic impacts to the community are quantified in the DEIS.

Yes, the Project will add incremental capacity to the existing operations. This will be accomplished while reducing environmental effects due to the removal of certain existing units and displacement of operation for other existing units.

The Project will produce electricity at lower cost than the existing operations. However, relative to the total size of the New York City electric generation system, the Luyster Creek Energy Project is small. Therefore, the impact on the overall price is difficult to quantify and may not be noticeable on the average customer’s bill. For a city the size of New York, it may take several higher efficiency projects, such as this one, to have a noticeable impact on reducing electric rates.

It is USPowerGen’s goal to finance and build the Project after obtaining a long-term contract for the sale of its output.

USPowerGen has started with preliminary meetings with stakeholders in the community. An Environmental Assessment Form (EAF) describing the project was submitted to the New York State Department of Environmental Conservation on January 26, 2010. The Draft Environmental Impact Statement (DEIS) was provided to the NYSDEC and together with the Air Permit application deemed complete for public comment in June 2010 . The Final Environmental Impact Statement (FEIS) and air permit is anticipated to be completed in 2011. Should the necessary approvals be obtained, construction would begin in the 2013 time frame with commercial operations beginning in 2015. Updates on the schedule, the environmental and public review process, and availability of project documents will be regularly posted on the website (www.uspowergen.com).

The new unit will primarily burn natural gas and be permitted to use ultra low sulfur diesel on a limited basis as a backup for system reliability. This back-up fuel is important for times in which natural gas is unavailable.

The Project will include the installation a state-of-the-art combined cycle unit utilizing one Siemens H class combustion turbine. The facility will also have modern emissions control and monitoring systems.

Like much of the rest of New York City, the Queens and Astoria area population is growing.  According to NYC-DCP census information the population of Astoria grew by 12% from 1990 to 2000 and the population of Queens grew by 14.2% over the same period and by 2.9% from 2000 to 2008. These developments represent significant net new power requirements.

The Luyster Creek Energy Project is unique because it will be the most efficient unit operating in New York City. When operating, it will displace emissions from existing older, less efficient units. The new project will also allow USPowerGen to retire its oldest unit.

Eastern Generation LLC recognizes that its existing facility is getting older and modern equipment will allow for continuing the business into the future. The existing facility location has available many attributes that make siting a new facility in this location practical and effective.