Entergy Says New York's Nuclear-Rescue Plan Comes Too Late
- FitzPatrick nuclear plant remains on schedule to close
- Exelon said New York plan may sustain its nuclear plants
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Entergy Corp., the nuclear plant owner that’s already closed one money-losing reactor, said a proposal from New York regulators to save the James A. FitzPatrick station comes too late.
Under a rescue plan from staff of the New York Public Service Commission unveiled Jan. 25, nuclear plants deemed in financial difficulty by the state may receive credits for generating zero-emission power that utilities would be required to buy. The plan doesn’t mention Indian Point, an Entergy reactor Governor Andrew Cuomowants closed, arguing it’s too close to New York City.