CNL-20-020, Annual Insurance Status Report

Annual Insurance Status Report

ML20083E241
Person / Time
Site:	Browns Ferry, Watts Bar, Sequoyah
Issue date:	03/20/2020
From:	Polickoski J Tennessee Valley Authority
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
CNL-20-020
Download: ML20083E241 (3)

Text

Tennessee Valley Authority, 1101 Market Street, Chattanooga, Tennessee 37402 CNL-20-020 March 20, 2020 10 CFR 50.54(w)

ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, D.C. 20555-0001 Browns Ferry Nuclear Plant, Units 1, 2, and 3 Renewed Facility Operating License Nos. DPR-33, DPR-52, and DPR-68 NRC Docket Nos. 50-259, 50-260, and 50-296 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

Subject:

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 TVAs facilities.

There are no new regulatory commitments in this letter. Please address any questions regarding this submittal to Kimberly D. Hulvey, Fleet Licensing Manager, at (423) 751-3275.

Respectfully, for James T. Polickoski Director, Nuclear Regulatory Affairs

Enclosure:

Nuclear Property and Decontamination Liability Insurance Annual Report cc: see Page 2

U.S. Nuclear Regulatory Commission CNL-20-020 Page 2 March 20, 2020 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. (NEIL) $1.5 billion P20-033 NEIL $560 million in excess of $1.5 billion BX20-009*

Sequoyah Nuclear Plant (SQN)

NEIL $1.5 billion P20-043 NEIL $560 million in excess of $1.5 billion BX20-009*

Watts Bar Nuclear Plant (WBN)

NEIL $1.5 billion P20-060 NEIL $1.25 billion in excess of $1.5 billion X20-085**

• NEIL Policy BX20-009 is a Blanket Excess, Decontamination Liability, Decommissioning Liability and Excess Property Insurance Policy which is applicable to BFN and SQN that provides a maximum Limit of Liability resulting from any one Accident that will not exceed $560 million.

• • NEIL Policy X20-085 is a Blanket Excess, Decontamination Liability, Decommissioning Liability and Excess Property Insurance Policy which is applicable to WBN that provides a maximum Limit of Liability resulting from any one Accident that will not exceed $1.25 billion.