CNRO-2005-00028, Entergy Operations, Inc., Status of Decommissioning Funding Report Refilling

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Entergy Operations, Inc., Status of Decommissioning Funding Report Refilling
ML051290092
Person / Time
Site: Grand Gulf, Arkansas Nuclear, River Bend, Waterford  Entergy icon.png
Issue date: 05/05/2005
From: Burford F
Entergy Operations
To:
Document Control Desk, Office of Nuclear Reactor Regulation
References
CNRO-2005-00028
Download: ML051290092 (10)


Text

e

-- ntemgv Entergy Operations, Inc.

1340 Echelon Parkway Jackson. Mississippi 39213.8298 Tel 601-368-5758 F. G. Burford Acting Director Nuclear Safety & Licensing CNRO-2005-00028 May 5, 2005 U.S. Nuclear Regulatory Commission Attn: Document Control Desk 11555 Rockville Pike Rockville, MD 20852-2738 (301) 415-7000

SUBJECT:

Entergy Operations, Inc Status of Decommissioning Funding Report Refiling River Bend Station Unit 1 Docket No. 50-458 License No. NPF-47 Arkansas Nuclear One Units 1 & 2 Docket Nos. 50-313 & 50-368 License Nos. DPR-51 & NPF-6 Grand Gulf Nuclear Station Docket No. 50-416 License No. NPF-29 Waterford 3 Steam Electric Station Docket No. 50-382 License No. NPF-38

Dear Sir or Madam:

On behalf of the captioned reactor licensees, Entergy Operations, Inc. (uEO1"), is withdrawing our submittal dated March 31, 2005 (our letter CNRO 2005-00022) and resubmitting documentation in accordance with the biennial reporting requirements contained in 10 CFR Section 50.75(f)(1) in a more simplified format. In accordance with these requirements, EOI provides reports on the status of its decommissioning funding at least once every two years.

Since EOI's last biennial report, the Louisiana Public Service Commission has ordered that the decommissioning collections for River Bend be based on an assumption that the operating license and the useful life of River Bend will be extended. This results in a collection rate of zero dollars per year for decommissioning for the Louisiana regulated share of River Bend. As EOI noted in its last biennial report, the Arkansas Public Service Commission took a similar action for the Arkansas Nuclear One plant.

This submittal contains no new commitments.

-r--)

CNRO-2005-00028 Page 2 of 2 Please address any comments or questions regarding this matter to Mr. L. A. England at 601 -368-5766.

Sincerely, FGB/LAE/baa Attachments:

1. ANO Report
2. GGNS Report
3. RBS Report - 70% Regulated; 30% Non-Regulated
4. WF3 Report cc:

(All Below with Attachments)

Mr. T. A. Burke (ECH)

Mr. W. R. Campbell (ECH)

Mr. J. P. DeRoy (ECH)

Mr. W. A. Eaton (ECH)

Mr. J. S. Forbes (ANO)

Mr. P. D. Hinnenkamp (RBS)

Mr. J. R. McGaha (ECH)

Mr. N. S. Reynolds (W&S)

Mr. L. Jager Smith (Wise, Carter)

Mr. G. J. Taylor (ECH)

Mr. J. E. Venable (WF3)

Mr. G. A. Williams (GGNS)

Mr. T. W. Alexion, Project Manager, ANO-1 Mr. D. G. Holland, Project Manager, ANO-2 Mr. N. Kalyanam, Project Manager, W-3 Dr. B. S. Mallett, Regional Administrator, Region IV Mr. B. K. Vaidya, Project Manager, GGNS Mr. M. K. Webb, Project Manager, RBS to CNRO 2005-00028 Page 1 of 2 Report of ENTERGY ARKANSAS, INC. on Status of Decommissioning Funding Pursuant to 10 CFR 50.75(f)(1)

ANO 1 Date: March 31, 2005 Reactor: Arkansas Nuclear One Unit 1 Required Decommissioning Funds Estimated per 10 CFR 50.75(b) and (c) (2004$):

Decommissioning Fund Total As of 12/31/04:

Annual amounts remaining to be collected:

Rate of Escalation of Decommissioning Costs:

Rate of Earnings on Decommissioning Funds:

Authority for use of Real Earnings Over 2%:

Contracts upon which licensee is relying For Decommissioning Funding:

Modifications to Method of Financial Assurance since Last Report:

Material Changes to Trust Agreements:

$542.5 million'

$214.6 million Approx. 2.6%

Approx. 6.3%

APSC Order3 None None None 1

Without waste vendor disposal factor. This figure is $343.6 million when the waste vendor disposal factor is used.

2 Decommissioning funding has been suspended pursuant to order of the Arkansas Public Service Commission in Docket No. 87-166-TF.

3 See APSC Docket No. 87-166-TF, Order Nos. 27, 32 and 41.

to CNRO 2005-00028 Page 2 of 2 Report of ENTERGY ARKANSAS, INC. on Status of Decommissioning Funding Pursuant to 10 CFR 50.75(f)(1)

ANO 2 Date: March 31, 2005 Reactor: Arkansas Nuclear One Unit 2 Required Decommissioning Funds Estimated per 10 CFR 50.75(b) and (c) (2004$):

Decommissioning Fund Total As of 12/31/04:

Annual amounts remaining to be collected:

Rate of Escalation of Decommissioning Costs:

Rate of Earnings on Decommissioning Funds:

Authority for use of Real Earnings Over 2%:

Contracts upon which licensee is relying For Decommissioning Funding:

Modifications to Method of Financial Assurance since Last Report:

Material Changes to Trust Agreements:

$554.6 million'

$176.4 million

$W2 Approx. 2.6%

Approx. 6.4%

APSC Order3 None None None Notes:

Unless ANO 2 receives a renewed license, it will be placed into SAFSTOR condition until the end of ANO 1's extended license, at which time it will be DECONed.

I Without waste vendor disposal factor. This figure is $351.2 million when the waste vendor disposal factor is used.

2 Decommissioning funding has been suspended pursuant to order of the Arkansas Public Service Commission in Docket No. 87-166-TF.

3 See APSC Docket No. 87-166-TF, Order Nos. 27, 32 and 41.

to CNRO 2005-00028 Page 1 of 1 Report of SYSTEM ENERGY REOURCES. INC. and SOUTH MISSISSIPPI ELECTRIC POWER ASSOCIATION on Status of Decommissioning Funding Pursuant to 10 CFR 50.75(f)(1)

GRAND GULF NUCLEAR STATION Date: March 31, 2005 Reactor: Grand Gulf Nuclear Station (Owned 90% by System Energy Resources, Inc (SERI) and 10% by South Mississippi Electric Power Association (SMEPA))

Required Decommissioning Funds Estimated per 10 CFR 50.75(b) and (c) (2004$):

SERI (90% ownership share)

SMEPA (10% ownership share)

Decommissioning Fund Total As of 12/31/04:

SERI SMEPA Annual amounts remaining to be collected:

Rate of Escalation of Decommissioning Costs:

SERI SMEPA Rate of Earnings on Decommissioning Funds:

SERI SMEPA

$621.4 million'

$69.0 million2

$210.0 million

$15.1 million See Attachment 2-A 5.5%

4.0%

Approx. 6.7%

Approx. 10%

Authority for use of Real Earnings Over 2%:

SERI SMEPA Contracts upon which licensee is relying For Decommissioning Funding:

Modifications to Method of Financial Assurance since Last Report:

Material Changes to Trust Agreements:

N/A SMEPA Board None None None I

Without waste vendor disposal factor. This figure is $411.7 million when the waste vendor disposal factor is used.

2 Without waste vendor disposal factor. This figure is $45.7 million when the waste vendor disposal factor is used.

-A to CNRO 2005-00028 Page 1 of 1 Schedule of Remaining Principal PaVments into Grand Gulf Decommissioning Fund

($ Thousands) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 SERI Share

$16,055

$19,550

$19,550

$19,550

$19,550

$19,550

$23,785

$23,785

$23,785

$23,785

$22,285

$24,550

$24,550

$24,550

$24,550

$24,550

$29,878

$17,429

$0 Thereafter SMEPA Share

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$1,050

$0 Thereafter Total

$17,105

$20,600

$20,600

$20,600

$20,600

$20,600

$24,835

$24,835

$24,835

$24,835

$23,335

$25,600

$25,600

$25,600

$25,600

$25,600

$30,928

$18,479

$1,050

$1,050 to CNRO 2005-00028 Page 1 of 2 Report of ENTERGY GULF STATES, INC. on Status of Decommissioning Funding Pursuant to 10 CFR 50.75(f)(1)

RIVER BEND STATION (70% REGULATED INTEREST)

Date: March 31, 2005 Reactor: River Bend Station (70% Regulated Interest)

Required Decommissioning Funds Estimated per 10 CFR 50.75(b) and (c) (2004$):

$471.9 million1 Decommissioning Fund Total As of 12/31/04:

$124.1 million Annual amounts remaining to be collected: $8,551,000 per year through 2024, plus $5,701,000 in 2025; none scheduled thereafter; additional principal payments may be required if license not renewed Rate of Escalation of Decommissioning Costs:

Approx. 4%3 Rate of Earnings on Decommissioning Funds:

Approx. 6.40/%4 Authority for use of Real Earnings Over 2%:

LPSC, PUCT and FERC Orders5 Contracts upon which licensee is relying For Decommissioning Funding:

None Modifications to Method of Financial Assurance since Last Report:

None Material Changes to Trust Agreements:

None I

Without waste vendor disposal factor. This figure is $312.7 million when the waste vendor disposal factor is used.

2 Decommissioning funding for the Louisiana jurisdictional share has been suspended pursuant to order of the Louisiana Public Service Commission in Docket No. U-25687. Funding shown is by the Texas jurisdiction.

3 For this factor, the Louisiana Public Service Commission (LPSC) has approved approximately 2.5%; the Public Utility Commission of Texas (PUCT) has approved approximately 4.8%, and the FERC has approved approximately 4%. The cited rate is a weighted average based on each jurisdiction's current share of the decommissioning trust funds as of 12/31/04 (35%, 62% and 3%, respectively).

4 For this factor, the LPSC has approved approximately 5.7%; the PUCT has approved approximately 6.6%; and the FERC has approved 9%. The cited rate is a weighted average based on each jurisdiction's current share of the decommissioning trust funds as of 12/31/04 (35%, 62% and 3%, respectively).

5 See LPSC Consolidated Dockets Nos. U-22491, U-23358, U-24182, U-24993 and U-25687; PUCT Order in Docket No. 20150; FERC Order in Docket Nos. ER86-558-002, ER86-558-011 and ER86-558-013.

to CNRO 2005-00028 Page 2 of 2 Report of ENTERGY GULF STATES, INC. on Status of Decommissioning Funding Pursuant to 10 CFR 50.75(f)(1)

RIVER BEND STATION (30% NON-REGULATED INTEREST)

Date: March 31, 2005 Reactor: River Bend Station (30% Non-Regulated Interest)

Required Decommissioning Funds Estimated per 10 CFR 50.75(b) and (c) (2004$):

$202.3' Decommissioning Fund Total As of 12/31/04:

$173.2 million Annual amounts remaining to be collected:

$0 Rate of Escalation of Decommissioning Costs:

See next item Rate of Earnings on Decommissioning Funds:

Use allowed 2% real rate of retLurn Authority for use of Real Earnings Over 2%:

Contracts upon which licensee is relying For Decommissioning Funding:

Modifications to Method of Financial Assurance since Last Report:

Material Changes to Trust Agreements:

per 10 CFR 50.75(e)(1)(i)

N/A None None None I

Without waste vendor disposal factor. This figure is $134.0 million when the waste vendor disposal factor is used.

to CNRO 2005-00028 Page 1 of 1 Report of ENTERGY LOUISIANA, INC. on Status of Decommissioning Funding Pursuant to 10 CFR 50.75(f)(1)

WATERFORD 3 STEAM ELECTRIC STATION Date: March 31, 2005 Reactor: Waterford 3 Steam Electric Station Required Decommissioning Funds Estimated per 10 CFR 50.75(b) and (c) (2004$):

Decommissioning Fund Total As of 12/31/04:

Annual amounts remaining to be collected:

Rate of Escalation of Decommissioning Costs:

Rate of Earnings on Decommissioning Funds:

Authority for use of Real Earnings Over 2%:

Contracts upon which licensee is relying For Decommissioning Funding:

Modifications to Method of Financial Assurance since Last Report:

Material Changes to Trust Agreements:

$583.7 million'

$176.0 million See Attachment 4-A Approx. 5.5%

Approx. 7.4%

N/A None None None I

Without waste vendor disposal factor.

This figure is $369.6 million when the waste vendor disposal factor is used.

-A to CNRO 2005-00028 Page 1 of 1 Schedule of Remaining Principal Payments into Waterford 3 Decommissioning Fund

($ Thousands) 2005

$12,353 2006

$12,353 2007

$12,353 2008

$12,353 2009

$12,353 2010

$14,743 2011

$14,743 2012

$14,743 2013

$14,743 2014

$14,743 2015

$17,598 2016

$17,598 2017

$17,598 2018

$17,598 2019

$17,598 2020

$20,998 2021

$20,998 2022

$20,998 2023

$20,998 2024

$20,998 2025

$0 Thereafter