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LILCO

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AcronymDefinition
LILCOLong Island Lighting Company


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In those days the Atomic Energy Commission was encouraging utilities to build nuclear plants, and little did LILCO President John Touhy know he was signing his company's death warrant.
For Long Island Lighting Company (LILCO), senior executives linked the construction of a nuclear power plant, which was never put into operation, to the widely held value of LILCO being a modern supplier of energy in the future (Ross/Staw 1993).
After a 20-year struggle, a battle-weary LILCO threw in the towel last February, after spending more than $5 billion.
 
 
 
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