ENOC-08-00028, J.A. FitzPatrick, Palisades, and Big Rock Point, Decommissioning Fund Status Report

J.A. FitzPatrick, Palisades, and Big Rock Point, Decommissioning Fund Status Report

ML081420032
Person / Time
Site:	Palisades, Indian Point, Big Rock Point, FitzPatrick
Issue date:	05/08/2008
From:	Mccann J Entergy Nuclear Operations
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
ENOC-08-00028
Download: ML081420032 (14)

Text

Entergy Nuclear Operations, Inc.

440 Hamilton Avenue White Plains, NY 10601 SEntergy- Tel 914 2723370 John F. McCann Director Nuclear Safety and Licensing May 8, 2008 ENOC-08-00028 U.S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, DC 20555

SUBJECT:

Entergy Nuclear Operations, Inc.

Indian Point Nuclear Generating Units 1, 2, &3 Dockets50-003, 50-247, & 50-286 James A. FitzPatrick Nuclear Power Plant Docket 50-333 Palisades Nuclear Plant Docket 50-255 Big Rock Point Docket 50-155 Decommissioning Fund Status Report

Reference:

1. Entergy letter ENOC-08-00018 dated March 26, 2008; regarding Decommissioning Fund Status Report for Vermont Yankee and Pilgrim.

Dear Sir or Madam:

Entergy Nuclear Operations, Inc (Entergy) is providing the reports required by 10 CFR 50.75(f)(1) regarding the status of decommissioning funding for the above subject plants.

The reports, provided in Attachments I through VI for the six listed plants, were prepared in accordance with NUREG-1307, Revision 12 and RIS 2001-07. These reports are being provided as a result of a recent determination that Entergy's proposed indirect license transfer satisfies the "merger or acquisition" clause in 10 CFR 50.75(f)(1). Reports for Vermont Yankee and Pilgrim Nuclear Power Stations were previously transmitted in Reference 1.

ENOC-08-00028 Page 2 of 2 There are no new regulatory commitments identified in this letter. If you have any ýuestions or require additional information, please contact Ms. Charlene Faison at 914-272-3378.

Si cjely, JnF. McCann Director Nuclear Safety and Licensing Entergy Nuclear Operations cc:

M. Chawla NRC NRR Project Manager, Palisades J. Boska NRC NRR Project Manager, Indian Point A. Muniz NRC NRR Project Manager, J.A. FitzPatrick R. Hall NRC NMSS Project Manager, Big Rock Point S. Collins NRC Region I Regional Administrator J. Caldwell NRC Region III Regional Administrator NRC Senior Resident Inspector, Indian Point 2 NRC Senior Resident Inspector, Indian Point 3 NRC Senior Resident Inspector, FitzPatrick NRC Senior Resident Inspector, Palisades P. Eddy NY Department of Public Service Michigan Department of Environmental Quality

ATTACHMENT I TO ENOC-08-00028 DECOMMISSIONING FUND STATUS REPORT FOR INDIAN POINT NUCLEAR GENERATING UNIT NO. 1 ENTERGY NUCLEAR OPERATIONS, INC.

INDIAN POINT NUCLEAR GENERATING UNIT NO. 1 DOCKET NO.50-003

ENOC-08-00028; Attachment I Entergy Nuclear Operations, Inc.

Status of Decommissioning Funding - Indian Point I For Year Ending December 31, 2007 - 10 CFR 50.75(f)(1)

Plant Name: Indian Point Nuclear Generating Unit No. I

1. Amount of decommissioning funds estimated

$ 317.09 million [Note]

to be required pursuant to 10 CFR 50.75 (b) and (c).

Decommissioning cost estimate escalated at $ 413.72 million 3.0% per year to the midpoint of decommissioning (December 2016).

2. Amount accumulated to the end of the $ 271.19 million calendar year preceding the date of the report (December 31, 2007).

Fund balance with 5.0% annual growth to the $ 420.70 million midpoint of decommissioning (December 2016).

3. A schedule of the annual amounts remaining None to be collected.

4. Assumptions used in determining rates of Escalation rate: 3.0%

escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates Rate of earnings: 5.0%

of other factors used in funding projections.

5. Any contracts upon which the licensee is None relying pursuant to 10 CFR 50.75(e)(1)(v).

6. Modifications occurring to a licensee's current None method of providing financial assurance since the last submitted report.

7. Any material changes to trust agreements. None Note:

In accordance with 10 CFR 50.75(c)(1 )(i) PWR reactors below 1200 MWt are to use this minimum value. Indian Point 1 had a thermal power level of 615 MWt. (Refer to Attachment 3, pg. 15, of June 8, 2001 letter, M. R. Kansler to USNRC regarding "Response to June 5, 2001 Letter, Indian Point Nuclear Generating Unit Nos. 1 and 2, Transfer of Facility Operating License (TAC Nos. MB0743 and MB0744).")

ATTACHMENT II TO ENOC-08-00028 DECOMMISSIONING FUND STATUS REPORT FOR I

INDIAN. POINT NUCLEAR GENERATING UNIT NO. 2 ENTERGY NUCLEAR OPERATIONS, INC.

INDIAN POINT NUCLEAR GENERATING UNIT NO. 2 DOCKET NO. 50-247

ENOC-08-00028; Attachment II Entergy Nuclear Operations, Inc.

Status of Decommissioning Funding - Indian Point 2 For Year Ending December 31, 2007 - 10 CFR 50.75(f)(1)

Plant Name: Indian Point Nuclear Generating Unit No. 2

1. Amount of decommissioning funds estimated $ 382.83 million to be required pursuant to 10 CFR 50.75 (b) and (c).

Decommissioning cost estimate escalated at $ 499.51 million 3.0% per year to the midpoint of decommissioning (December 2016).

2. Amount accumulated to the end of the calendar year preceding the date of the report $ 347.20 million [Note]

(December 31, 2007).

Fund balance with 5.0% annual growth to the $ 538.62 million midpoint of decommissioning (December 2016).

3. A schedule of the annual amounts remaining None to be collected.

4. Assumptions used in determining rates of Escalation rate: 3.0%

escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates Rate of earnings: 5.0%

of other factors used in funding projections.

5. Any contracts upon which the licensee is None relying pursuant to 10 CFR 50.75(e)(1)(v).

6. Modifications occurring to a licensee's current None method of providing financial assurance since the last submitted report.

7. Any material changes to trust agreements. None Note:

Includes provisional fund balance of $29.2 million.

ATTACHMENT III TO ENOC-08-00028 DECOMMISSIONING FUND STATUS REPORT FOR INDIAN POINT NUCLEAR GENERATING UNIT NO. 3 ENTERGY NUCLEAR OPERATIONS, INC.

INDIAN POINT NUCLEAR GENERATING UNIT NO. 3 DOCKET NO. 50-286

ENOC-08,00028; Attachment III Entergy Nuclear Operations, Inc.

Status of Decommissioning Funding - Indian Point 3 For Year Ending December 31, 2007 - 10 CFR 50.75(f)(1)

Plant Name: Indian Point Nuclear Generating Unit No. 3

1. Amount of decommissioning funds estimated $ 382.83 million to be required pursuant to 10 CFR 50.75 (b) and (c).

Decommissioning cost estimate escalated at $ 529.93 million 3.0% per year to the midpoint of decommissioning (December 2018).

2. Amount accumulated to the end of the

$ 468.32 million calendar year preceding the date of the report (December 31, 2007).

Fund balance with 5.0% annual growth to the $ 800.98 million midpoint of decommissioning (December 2018).

3. A schedule of the annual amounts remaining None to be collected.

4. Assumptions used in determining rates of Escalation rate: 3.0%

escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates Rate of earnings: 5.0%

of other factors used in funding projections.

5. Any contracts upon which the licensee is None relying pursuant to 10 CFR 50.75(e)(1)(v).

6, Modifications occurring to a licensee's current None method of providing financial assurance since the last submitted report.

7, Any material changes to trust agreements. None

ATTACHMENT IV TO ENOC-08-00028 DECOMMISSIONING FUND STATUS REPORT FOR JAMES A. FITZPATRICK ENTERGY NUCLEAR OPERATIONS, INC.

JAMES A. FITZPATRICK NUCLEAR POWER PLANT DOCKET NO. 50-333

ENOC-08-00028; Attachment IV Entergy Nuclear Operations, Inc.

Status of Decommissioning Funding - James A. FitzPatrick For Year Ending December 31, 2007 - 10 CFR 50.75(f)(1)

Plant Name: James A. FitzPatrick

1. Amount of decommissioning funds estimated $ 513.64 million to be required pursuant to 10 CFR 50.75 (b) and (c).

Decommissioning cost estimate escalated at $ 690.29 million 3.0% per year to the midpoint of decommissioning (December 2017).

2. Amount accumulated to the end of the

$ 511.02 million calendar year preceding the date of the report (December 31, 2007).

Fund balance with 5.0% annual growth to the $ 832.40 million midpoint of decommissioning (December 2017).

3. A schedule of the annual amounts remaining None.

to be collected.

4. Assumptions used in determining rates of Escalation rate: 3.0%

escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates Rate of earnings: 5.0%

of other factors used in funding projections.

5. Any contracts upon which the licensee is None relying pursuant to 10 CFR 50.75(e)(1)(v).

6. Modifications occurring to a licensee's current None method of providing financial assurance since the last submitted report.

7. Any material changes to trust agreements. None

ATTACHMENT V TO ENOC-08-00028 DECOMMISSIONING FUND STATUS REPORT FOR PALISADES NUCLEAR PLANT ENTERGY NUCLEAR OPERATIONS, INC.

PALISADES NUCLEAR PLANT DOCKET NO. 50-255

ENOC-08-00028; Attachment V Entergy Nuclear Operations, Inc.

Status of Decommissioning Funding - Palisades Nuclear Plant For Year Ending December 31, 2007 - 10 CFR 50.75(f)(1)

Plant Name: Palisades Nuclear Plant

1. Amount of decommissioning funds estimated $ 354.19 million to be required pursuant to 10 CFR 50.75 (b) and (c).

Decommissioning cost estimate escalated at $ 786.75 million 3.0% per year to the midpoint of decommissioning (December 2034).

2. Amount accumulated to the end of the $ 257.91 million calendar year preceding the date of the report (December 31, 2007).

Fund balance with 5.0% annual growth to the $ 962.90 million midpoint of decommissioning (December 2034).

3. A schedule of the annual amounts remaining None.

to be collected.

4. Assumptions used in determining rates of Escalation rate: 3.0%

escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates Rate of earnings: 5.0%

of other factors used in funding projections.

5. Any contracts upon which the licensee is None relying pursuant to 10 CFR 50.75(e)(1)(v).

6. Modifications occurring to a licensee's current None method of. providing financial assurance since the last submitted report.

7. Any material changes to trust agreements. None

ATTACHMENT VI TO ENOC-08-00028 DECOMMISSIONING FUND-STATUS REPORT FOR BIG ROCK POINT ENTERGY NUCLEAR OPERATIONS, INC.

BIG ROCK POINT DOCKET NO. 50-155

ENOC-08-00028; Attachment VI Entergy Nuclear Operations, Inc.

Status of Decommissioning Funding - Big Rock Point For Year Ending December 31, 2007 - 10 CFR 50.75(f)(1)

Plant Name: Big Rock Point

1. Amount of decommissioning funds required $ 2.74 million from most recent estimate (2003 dollars)

Decommissioning cost estimate escalated at

$ 3.08 million 3% to 2007 dollars

2. Decommissioning Funding Assurance Method Parent Guarantee ($5 million)

3. A schedule of the annual amounts remaining None.

to be collected.

4. Assumptions used in determining rates of Escalation rate: 3.0%

escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates Rate of earnings: n/a of other factors used in funding projections.

5. Any contracts upon which the licensee is None relying pursuant to 10 CFR 50.75(e)(1)(v).

6. Modifications occurring to a licensee's current None method of providing financial assurance since the last submitted report.

7. Any material changes to trust agreements. None