Exelon (NYSE:EXC) said it will close its Nine Mile Point 1 nuclear plant next spring if New York has not guaranteed it a financial lifeline by September.

New York regulators are proposing to accelerate financial incentives in a last-ditch effort the save the James A. FitzPatrick nuclear plant.

New York’s proposed incentives for three of the state’s four nuclear sites won't save the James A. FitzPatrick plant, Entergy said.

New York utilities would be required to procure more than 15% of their forecasted load in 2020 from struggling upstate nuclear power plants under a proposal now before the state’s PSC.

Upstate nuclear power plants would earn extra payments for emissions-free energy under a New York PSC staff proposal announced Thursday.