Without Help From NYS, Exelon Says It’ll Close NiMi Point 1
In a recent filing with the NYS Public Service Commission, Exelon said it would close Nine Mile Point 1 if it doesn’t get a guarantee from the state for a financial lifeline by September. New York’s proposed Clean Energy Standard includes a mechanism to compensate nuclear plants through zero emissions credits. However, the company said it couldn’t count on a CES that is “merely speculative.”