GO2-09-059, Decommissioning Fund Status Report

Decommissioning Fund Status Report

ML091040201
Person / Time
Site:	Columbia
Issue date:	03/31/2009
From:	Cullen G Energy Northwest
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
GO2-09-059
Download: ML091040201 (2)

Text

ENERGY Gregory V. Cullen Regulatory Programs P.O. Box 968, Mail Drop PE20 NORTH W EST Richland, WA 99352-0968 Ph. 509-377-6105 F. 509-377-4317 gvcullen@energy-northwest.com March 31, 2009 G02-09-059 10 CFR 50.75(f)(1)

U.S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, D.C. 20555-0001

Subject:

COLUMBIA GENERATING STATION, DOCKET NO. 50-397 DECOMMISSIONING FUND STATUS REPORT

Dear Sir or Madam:

In accordance with the requirements of 10 CFR 50.75(f)(1), Energy Northwest hereby reports the status of the Columbia Generating Station decommissioning funding:

0 Estimated Decommissioning Cost - $872.7 Million*

0 Fund Balance as of December 31, 2008 - $114.3 Million

• Schedule of Payments - Attached 0 Assumed Cost Escalation Rate - 4%

e Assumed Interest Rate - 6%

0 10 CFR 50.75(e)(1)(v) Customer Contracts - Not Applicable 0 Changes in Financial Assurance Method - None

• Material Changes to Trust Agreement -None

• The value for the estimated decommissioning cost does not include state costs or spent fuel management costs.

There are no commitments being made to the NRC by this letter. Should you have any questions or desire additional information regarding this matter, please contact MC Humphreys at (509) 377-4025.

Respectfully, Manager, Regulatory Programs

Attachment:

Funding Schedule cc: EE Collins - NRC RIV RN Sherman - BPA/1 399 CF Lyon - NRC NRR WA Horin - Winston & Strawn NRC Sr. Resident Inspector- 988C

01* (I DECOMMISSIONING FUND STATUS REPORT Attachment Page 1 of I Funding Schedule Revised Exhibit D Rev 3 March 25, 2009 Contract No. 96MS95254 Columbia Decommissioning2 (in thousands of dollars)

Interest Account Fiscal Year1 Payment Earned Balance FY 2008 Actuals - - 121,605 FY 2009 6,992 7,296 135,893 FY 2010 7,866 8,154 151,912 FY 2011 8,849 9,115 169,876 FY 2012 9,956 10,193 190,025 FY 2013 12,331 11,401 213,757 FY 2014 15,271 12,825 241,854 FY 2015 18,914 14,511 275,279 FY 2016 23,424 16,517 315,220 FY 2017 29,011 18,913 363,144 FY 2018 35,930 21,789 420,862 FY 2019 44,500 25,252 490,614 FY 2020 55,113 29,437 575,164 FY 2021 68,257 34,510 677,931 FY 2022 84,537 40,676 803,144 FY 2023 104,699 48,189 956,031 FY2024 129,669 57,362 1,143,062 Notes:

1. The funding schedule is based on fiscal year (FY) payments and earnings. The Columbia fiscal year begins in July of the preceding year. For example, FY 2008 began July 1, 2007.

2. The Columbia Decommissioning account only reflects the funding schedule associated with radiological decommissioning required to be reported by 10 CFR 50.75. These funds are not associated with the funds set aside for addressing state costs or spent fuel management costs.