05000458/FIN-2010004-03
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Finding | |
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Title | Use of a decommissioning funding mechanism that did not meet the requirements of 10 CFR 50.75(e)(1)(v) |
Description | Third, 10 CFR 50.75(e)(1) requires, in part, that each power reactor licensee provide decommissioning funding assurance using one of the methods allowed by the NRC. 10 CFR 50.75(e)(1)(v) requires, in part, that if a contract is used for decommissioning funding, the contract must provide that the electricity buyer will pay the decommissioning obligations specified in the contract, notwithstanding the operational status of the reactor or force majeure provisions, and that all proceeds from the contract for decommissioning funding will be deposited into an external sinking fund. Contrary to this requirement, a contract relied upon to provide decommissioning funding assurance for River Bend Station was not acceptable. Specifically, since January 1, 2008, Entergy used a purchase power agreement (ie., a contract) that did not provide that the buyer will pay notwithstanding the operational status of the reactor or force majeure provisions and did not provide adequate assurance that all proceeds from the contract for decommissioning funding would be deposited to an external sinking fund |
Site: | River Bend |
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Report | IR 05000458/2010004 Section 4OA5 |
Date counted | Sep 30, 2010 (2010Q3) |
Type: | AV: |
cornerstone | Mitigating Systems |
Identified by: | NRC identified |
Inspection Procedure: | |
Inspectors (proximate) | P Elkmann C Osterholtz R Hagar G Larkin V Gaddy C Norton D Strickland R Kumana C Stancil G Guerra |
INPO aspect | |
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Finding - River Bend - IR 05000458/2010004 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Finding List (River Bend) @ 2010Q3
Self-Identified List (River Bend)
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