CNL-17-031, Annual Insurance Status Report
| ML17090A191 | |
| Person / Time | |
|---|---|
| Site: | Browns Ferry, Watts Bar, Sequoyah  |
| Issue date: | 03/30/2017 |
| From: | James Shea Tennessee Valley Authority |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| CNL-17-031 | |
| Download: ML17090A191 (3) | |
Text
Tennessee Valley Authority, 1101 Market Street, Chattanooga, Tennessee 37 402 CNL-17-031 March 30, 2017 ATTN : Document Control Desk U.S. Nuclear Regulatory Commission Washington, D.C. 20555-0001 Browns Ferry Nuclear Plant, Units 1, 2, and 3 10 CFR 50.54(w)
Renewed Facility Operating License Nos. DPR-33, DPR-52, and DPR-68 NRC Docket Nos. 50-259, 50-260, and 50-296
Subject:
Sequoyah Nuclear Plant, Units 1 and 2 Renewed Facility Operating License Nos. DPR-77 and DPR-79 NRC Docket Nos. 50-327 and 50-328 Watts Bar Nuclear Plant, Units 1 and 2 Facility Operating License Nos. NPF-90 and NPF-96 NRC Docket No. 50-390 and 50-391 Annual Insurance Status Report Title 10, Code of Federal Regulations, Section 50.54(w) (10 CFR 50.54(w)) requires power reactor licensees for production facilities to take reasonable steps to obtain insurance, at a minimum coverage limit for each licensed reactor station site of either $1.06 billion or whatever amount of insurance is generally available from private sources, whichever is less.
Also, 10 CFR 50.54(w)(3) requires that each licensee report on April 1 of each year the current levels and sources of this insurance.
In accordance with 10 CFR 50.54(w), Tennessee Valley Authority (TVA) has purchased onsite property damage insurance for Browns Ferry Nuclear Plant (BFN), Sequoyah Nuclear Plant (SQN), and Watts Bar Nuclear Plant (WBN). Enclosed is the required information on source and level of coverage for TVA's facilities.
There are no new regulatory commitments contained in this letter. If you have any questions regarding this matter, please contact Edward D. Schrull at (423) 751-3850.
Enclosure:
Nuclear Property and Decontamination Liability Insurance Annual Report cc: see Page 2
U.S. Nuclear Regulatory Commission CNL-17-031 Page 2 March 30, 2017 cc:(Enclosure)
NRC Regional Administrator - Region II NRC Senior Resident Inspector - Browns Ferry Nuclear Plant NRC Senior Resident Inspector - Sequoyah Nuclear Plant NRC Senior Resident Inspector - Watts Bar Nuclear Plant
ENCLOSURE Nuclear Property and Decontamination Liability Insurance Annual Report Insurance Carrier Coverage Limit Policy Number Browns Ferry Nuclear Plant (BFN)
Nuclear Electric Insurance Ltd.
$1.5 billion P17-033 NEIL
$560 million in excess of $1.5 billion BX17-009*
Sequoyah Nuclear Plant (SQN)
Nuclear Electric Insurance Ltd.
$1.5 billion P17-043 NEIL
$560 million in excess of $1.5 billion BX17-009*
Watts Bar Nuclear Plant (WBN)
Nuclear Electric Insurance Ltd.
$1.5 billion P17-060 NEIL
$560 million in excess of $1.5 billion BX17-009*
- NEIL Policy BX17-009 is a Blanket Excess, Decontamination Liability, Decommissioning Liability and Excess Property Insurance Policy which is applicable to all three sites (BFN, SQN, and WBN) that provides a maximum Limit of Liability resulting from any one Accident that will not exceed $560 million.