Exelon Generation told the New York State Public Service Commission the company needs to know by September whether the regulator will approve a compensation plan for nuclear generators, otherwise Exelon will shut the Nine Mile Point-1 and Ginna reactors, according to a letter. The letter, filed Tuesday by the Harris Beach law firm of Albany, New York, on Exelon’s behalf, noted the company in May submitted comments on a proposal that would require all companies that sell electricity in the state to buy power from upstate nuclear plants at potentially above-market rates to help ensure the units’ continued operation. The proposal by the state Department of Public Service stipulates Exelon’s 597-MW Ginna reactor in Ontario, New York, and the 640-MW Nine Mile Point-1 and 1,205-MW Nine Mile Point-2 units in Oswego, as well as Entergy’s 849-MW FitzPatrick in Oswego, would be eligible to receive payments via a zero-emissions credit, […]