GO2-18-050, Plant Decommissioning Fund Status Report

Plant Decommissioning Fund Status Report

ML18081B326
Person / Time
Site:	Columbia
Issue date:	03/22/2018
From:	Gregoire D Energy Northwest
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
GO2-18-050
Download: ML18081B326 (3)

Text

Donald W. Gregoire Columbia Generating Station P.O. Box 968, PE20 Richland, WA 99352-0968 Ph. 509-377-8616 l F. 509-377-4674 dwgregoire@energy-northwest.com March 22, 2018 GO2-18-050 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 PLANT 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:

2017 Estimated Radiological Decommissioning Cost: $490.2 Million After-Tax Fund Balance as of December 31, 2017: $284.0 Million Decommissioning Funding Schedule: included as Attachment 1 Assumed Cost Escalation Rate: 4% I year Assumed Interest Rate: 6% I year 10 CFR 50.75(e)(1)(v) Customer Contracts: Not Applicable Changes in Financial Assurance Method: None Material Changes to Trust Agreement: None.

The following conditions are reflected in the 2017 Estimated Radiological Decommissioning Cost:

(1) The value for the estimated radiological decommissioning cost of $490.2 Million does not include state costs or Independent Spent Fuel Storage Installation (ISFSI) decommissioning costs. Decommissioning costs for the ISFSI are submitted separately in conformance with 10 CFR 72.30 requirements.

G02-18-050 Page 2 of 2 There are no commitments being made to the NRC by this letter. Should you have any questions or require additional information pertaining to this report, please contact D.M. Wolfgramm at (509) 377-4792.

Executed on the~ day of Ma.rc..,h ,2018.

~y, D.W. Gregoire Manager, Regulatory Affairs and Performance Improvement Attachment 1: Columbia Generating Station - Decommissioning Funding Schedule cc: NRC Region IV Administrator NRC NRR Project Manager NRC Sr. Resident Inspector - 988C C.D. Sonoda - BPA/1399 W .A. Horin - Winston & Strawn

GO2-18-050 Page 1 of 1 Columbia Generating Station - Decommissioning Funding Schedule Sub-Account Fiscal Year* Payment Interest Earned Balance FY 2018 $ 3,597,315 $ 15,683,049 $ 280,614,512 FY 2019 $ 3,741,208 $ 16,836,871 $ 300,742,590 FY 2020 $ 3,890,856 $ 18,044,555 $ 322,678,002 FY 2021 $ 4,046,490 $ 19,360,680 $ 346,085,172 FY 2022 $ 4,208,350 $ 20,765,110 $ 371,058,632 FY 2023 $ 4,376,684 $ 22,263,518 $ 397,698,834 FY 2024 $ 4,551,751 $ 23,861,930 $ 426,112,515 FY 2025 $ 4,733,821 $ 25,566,751 $ 456,413,087 FY 2026 $ 4,923,174 $ 27,384,785 $ 488,721,046 FY 2027 $ 5,120,101 $ 29,323,263 $ 523,164,410 FY 2028 $ 5,324,905 $ 31,389,865 $ 559,879,180 FY 2029 $ 5,537,901 $ 33,592,751 $ 599,009,831 FY 2030 $ 5,759,417 $ 35,940,590 $ 640,709,838 FY 2031 $ 5,989,794 $ 38,442,590 $ 685,142,223 FY 2032 $ 6,229,386 $ 41,108,533 $ 732,480,142 FY 2033 $ 6,478,561 $ 43,948,809 $ 782,907,512 FY 2034 $ 6,737,704 $ 46,974,451 $ 836,619,666 FY 2035 $ 7,007,212 $ 50,197,180 $ 893,824,058 FY 2036 $ 7,287,500 $ 53,629,443 $ 954,741,002 FY 2037 $ 7,579,000 $ 57,284,460 $ 1,019,604,462 FY 2038 $ 7,882,160 $ 61,176,268 $ 1,088,662,890 FY 2039 $ 8,197,447 $ 65,319,773 $ 1,162,180,110 FY 2040 $ 8,525,345 $ 69,730,807 $ 1,240,436,261 FY 2041 $ 8,866,358 $ 74,426,176 $ 1,323,728,795 FY 2042 $ 9,221,013 $ 79,423,728 $ 1,412,373,536 FY 2043 $ 9,589,853 $ 84,742,412 $ 1,506,705,801 FY 2044 $ 9,973,447 $ 90,402,348 $ 1,607,081,596

• Energy Northwests Fiscal Year ends June 30.