LIC-22-0009, Annual Decommissioning Funding / Irradiated Fuel Management Status Report
| ML22090A078 | |
| Person / Time | |
|---|---|
| Site: | Fort Calhoun  |
| Issue date: | 03/30/2022 |
| From: | Uehling T Omaha Public Power District |
| To: | Document Control Desk, Office of Nuclear Material Safety and Safeguards, Office of Nuclear Reactor Regulation |
| References | |
| LIC-22-0009 | |
| Download: ML22090A078 (8) | |
Text
10 CFR 50.75 10 CFR 50.82 March 30, 2022 LIC-22-0009 U. S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, D.C. 20555 Fort Calhoun Station, Unit No. 1 Renewed Facility Operating License No. DPR-40 NRC Docket No. 50-285 Fort Calhoun Station Independent Spent Fuel Storage Installation NRC Docket No.72-054
Subject:
Fort Calhoun Station, Unit No. 1, 2021 Annual Decommissioning Funding / Irradiated Fuel Management Status Report
References:
- 1. Letter from OPPD (T. Burke) to USNRC (Document Control Desk), Certification of Permanent Cessation of Power Operations, dated August 25, 2016 (LIC-16-0067)
- 2. Letter from OPPD (T. Burke) to USNRC (Document Control Desk), Certification of Permanent Removal of Fuel from the Removal of Fuel from the Reactor Vessel, dated November 13, 2016 (LIC-16-0074) (ML16319A254)
- 3. Letter from OPPD (M. J. Fisher) to USNRC (Document Control Desk), Fort Calhoun Station, Unit No. 1, Post-Shutdown Decommissioning Activities Report, dated December 16, 2019 (LIC-19-0007)(ML19351E355)
In accordance with 10 CFR 50.75(f)(1), 10 CFR 50.82(a)(8)(v), 10 CFR 50.82(a)(8)(vi), and 10 CFR 50.82(a)(8)(vii), Omaha Public Power District (OPPD) is submitting the annual status of decommissioning funding, status of funding for managing irradiated fuel, and the financial assurance status report.
In References 1 and 2, OPPD certified permanent cessation of power operation and permanent removal of fuel from the reactor vessel for the Fort Calhoun Station, Unit 1, (FCS). In Reference 3, OPPD submitted its Post-Shutdown Decommissioning Activities Report (PSDAR) containing a site-specific Decommissioning Cost Estimate (DCE) pursuant to 10 CFR 50.82(a)(4)(i) and 10 CFR 50.82(a)(8)(iii)..
provides the 2021 Annual Decommissioning Funding / Irradiated Fuel Management Status Report.
No commitments to the NRC are made in this letter.
If you should have any questions about the enclosed reports, please contact Andrea K. Barker, Regulatory Assurance & Emergency Planning Manager, at 531-226-6051.
U.S. Nuclear Regulatory Commission LIC-22-0009 Page 2 Respectfully, Timothy Uehling Senior Director Decommissioning TSU/akb/cac
Enclosures:
- 1. 2021 Annual Decommissioning Funding / Irradiated Fuel Management Status Report c:
S. A. Morris, NRC Regional Administrator, Region IV J. D. Parrott, NRC Senior Project Manager S. Anderson, NRC Health Physicist, Region IV 3/30/2022 l 6:49 PM CDT
U.S. Nuclear Regulatory Commission LIC-22-0009 ENCLOSURE 1 OMAHA PUBLIC POWER DISTRICT FORT CALHOUN STATION UNIT NO.1 2022 ANNUAL DECOMMISSIONING FUNDING STATUS REPORT As of December 31, 2021
U.S. Nuclear Regulatory Commission LIC-22-0009, Attachment A Page 2 OMAHA PUBLIC POWER DISTRICT FORT CALHOUN STATION UNIT NO. 1 2021 ANNUAL DECOMMISSIONING FUNDING STATUS REPORT as of December 31, 2021 10 CFR 50.75 (f) and 50.82(8)
As required by 10 CFR 50.75 (f) and 50.82(8), OPPD reports the following information:
A. Current Decommissioning Cost Estimate As required by 10 CFR 50.82, OPPD completed a site-specific Decommissioning Cost Estimate (DCE),
contracting with Energy Solutions LLC for the preparation of the report. The study was performed under the DECON decommissioning alternative method. Based on the DCE (completed in 2022), the total estimated cost to decommission Fort Calhoun Station Unit No. 1 is $809,749,864 in 2021 dollars. Of that total cost estimate, the current site-specific cost estimate for license termination expenses (LTE) of Fort Calhoun Station Unit No. 1 is $494,390,034, the current separate estimate of site restoration is $34,295,183 and the current separate estimate of spent fuel management costs is $281,058,647.
The total cost estimate reported in 2018 dollars was $1,213,203,000 in the DCE, using the SAFSTOR decommissioning alternative method as required by 10 CFR 50.82(a)(8)(iii) (reference 1). The cost estimate included monies anticipated to be spent for operating license termination (radiological remediation), interim spent fuel storage and site restoration activities.
B. Current Decommissioning Fund Balance The total OPPD Decommissioning Fund(s) balance as of December 31, 2021 was $519,701,336. OPPD maintains two separate trust accounts, one for the NRC minimum decommissioning amount as outlined in 10 CFR 50.75 (c) and one for other costs including additional radiological, site restoration and spent fuel management as determined by the consultant cost study. As of December 31, 2021, the balance in the fund for the NRC minimum decommissioning amount was $265,007,627. As of December 31, 2021, the balance in the funds accumulated for other decommissioning costs was $254,693,709.
The two trust funds are not commingled and the funds accumulated for the additional decommissioning cost are not included as funds for the NRC minimum decommissioning amount. The funds accumulated for the additional decommissioning costs including additional radiological, site restoration and spent fuel management are available for radiological decommissioning without prior approval by a State regulatory authority and are not subject to disapproval for radiological decommissioning by a State regulatory authority.
C. Annual Decommissioning Collections There were no annual collections for 2016. The annual collections for 2017, 2018, 2019, 2020, and 2021 were $147,469,000, $156,000,000, $143,004,000, $112,552,080, and $121,148,000 respectively. The total expected future collections for decommissioning are $323,702,475 beginning in 2022 as shown in Attachment B, Column 1. The revenue source for collections is OPPD cost-of-service electric rates.
U.S. Nuclear Regulatory Commission LIC-22-0009, Attachment A Page 3 D. Rates Used to Escalate Decommissioning Costs and Fund Balances The rates used for the escalation of the site-specific DCE and earnings rates on the Decommissioning Fund through the completion of decommissioning are shown in Attachment C. Congressional Budget Office data provided the basis for the DCE inflation rate forecasts. Decommissioning costs are inflated using a blending of the Congressional Budget Offices forecasts for Consumer Price Index, All-Urban and Employment Cost Index, Total Private Compensation. Decommissioning trust earnings are projected using Barclays forecasted yield on 2-year Treasury notes.
E. Contracts to Help Fund Decommissioning OPPD does not have any contracts pursuant to 10 CFR 50.75 (e)(1)(ii)(C) and is not relying on contracts with a non-bypassable charge to fund decommissioning.
F. Modifications to Method of Providing Financial Assurance There have been no modifications to OPPDs method of providing financial assurance since the decommissioning funding plan began in 1982 and continued pursuant to NRC Regulations in 1990.
References:
- 1. Letter from OPPD (M. J. Fisher) to USNRC (Document Control Desk), Fort Calhoun Station, Unit No. 1, Post-Shutdown Decommissioning Activities Report, dated March 31, 2017 (LIC 17 0033)
- 2. Letter from OPPD (M. J. Fisher) to USNRC (Document Control Desk), Fort Calhoun Station Irradiated Fuel Management Plan, dated March 31. 2017 (LIC-17-0031) (ML17093A594)
U.S. Nuclear Regulatory Commission LIC-22-0009, Attachment A Page 1 Year Type of Trust Fund Balance 2021 Decommissioning Trust '90 Plan 265,007,627 2021 Decommissioning Suppl '92 Plan 254,693,709 519,701,336 Year Decom Expenditures Spent Fuel Total 2016 574,826 574,826 2017 115,251,711 4,475,227 119,726,938 2018 83,845,046 30,408,102 114,253,148 2019 72,491,721 17,382,073 89,873,794 2020 109,969,342 39,221,912 149,191,254 2020 Cost in 2020 Dollars 2021 131,052,781 7,855,094 138,907,875 2021 Cost in 2021 Dollars TOTAL 513,185,427 99,342,408 612,527,835 Year Decom Expenditures Spent Fuel Total 2021 Estimated 96,461,000 9,933,000 106,394,000 2021 Actual 131,052,781 7,855,094 138,907,875 Variance (34,591,781) 2,077,906 (32,513,875)
Year Decom Expenditures Spent Fuel Total 2022 528,685,120 281,059,090 809,744,210 See Attachment B, Column 1, Annual Decommissioning Fund Collections Decommissioning Criteria Upon Which the Estimate is Based 50.75(f)(1) 50.82(a)(8)(v)(B)
DECON Any Modification to Method of Providing Financial Assurance 50.75(f)(1) 50.82(a)(8)(v)(C)
No Any Material Changes to Trust Agreement Since Previous Report 50.75(f)(1) 50.82(a)(8)(v)(D)
Updated the Decommissioning Trust '90 agreement to allow for a streamlined withdrawal process.
Need for Additional Financial Assurance 50.75(f)(1) 50.82(a)(8)(vi) (vii)(C)
Estimated in 2021 Dollars Comments Variance:
- We saw higher waste disposal costs than projected for material, based on radiation activity levels or waste class, which was discovered during the work (approximately $10M)
- The remainder was primarily due to performing work that was planned for the following year (2022) in 2021. This included preparation for open air demolition of radiological structures.
Remaining Decommissioning Estimated Cost 50.82(a)(8)(v)(B) /(vii)(B)
Comments 2017 Cost in 2017 Dollars 2018 Cost in 2018 Dollars Prior Year Expenditures Variance to Estimated Cost 50.82(a)(8)(v)(B) 2016 Cost in as Spent Dollars 2019 Cost in 2019 Dollars Other Financial Assurance Methods Being Relied Upon 50.75(f)(1)
NONE Prior Years Decommissioning Expenditures 50.82(a)(8)(v)(A)
Comments Decommissioning Funding Status Report OMAHA PUBLIC POWER DISTRICT ATTACHMENT A Summary Information as of December 31, 2021 10 CFR 50.82 (a) (8) (v)-(vii)
Decommissioning Trust Fund Balances 50.75(f)(1) 50.82(a)(8)(v)(A)
Comments As of 12/31/21 As of 12/31/21
U.S. Nuclear Regulatory Commission LIC-22-0009, Attachment B Page 1 Year Column 1 Total Annual Decommissioning Fund Collections1 Column 2 Earnings on Trust Funds Column 3 License Termination Expenditures Column 4 Spent Fuel Management Expenditures Column 5 Site Restoration Expenditures Column 6 Decommissioning Trust Fund Balance2 Column 7 Supplemental Decommissioning Trust Fund Balance3 2021 265,007,627 254,693,709 2022 130,597,500 10,106,602 124,009,250 7,356,080 7,717,148 181,345,635 339,977,324 2023 130,597,500 10,065,320 112,370,508 7,448,296 9,953,711 120,226,811 411,986,453 2024 62,507,475 9,046,944 139,604,905 7,653,193 8,041,655 59,516,593 388,951,336 2025 7,216,155 137,132,780 7,862,989 10,890,571 5,140,133 294,657,612 2026 5,886,422 12,532,200 8,077,759 211,444 5,244,688 279,618,076 2027 6,156,909 9,099,296 5,359,884 276,560,493 2028 6,539,722 9,340,353 5,486,312 273,633,434 2029 6,916,095 9,586,947 5,624,629 270,824,266 2030 7,286,407 9,837,205 5,775,563 268,122,533 2031 7,650,963 10,094,119 5,939,924 265,515,015 2032 7,577,683 10,357,872 6,108,963 262,565,787 2033 7,494,711 10,628,648 6,282,812 259,258,001 2034 7,401,570 10,906,638 6,461,608 255,574,136 2035 7,297,762 11,192,038 6,645,492 251,495,975 2036 7,182,769 11,485,049 6,834,610 247,004,578 2037 7,075,767 10,400,497 7,029,109 243,485,348 2038 6,977,274 10,673,051 7,229,143 239,589,536 2039 6,868,117 10,952,886 7,434,870 235,299,041 2040 6,747,785 11,240,197 7,646,452 230,595,047 2041 6,615,742 11,535,190 7,864,055 225,457,997 2042 6,471,435 11,838,074 8,087,850 219,867,563 2043 6,314,286 12,149,063 8,318,014 213,802,622 2044 6,143,696 12,468,379 8,554,728 207,241,225 2045 5,959,043 12,796,249 8,798,179 200,160,569 2046 5,759,680 13,132,906 9,048,557 192,536,964 2047 5,544,934 13,478,592 9,306,061 184,345,803 2048 5,314,107 13,833,551 9,570,893 175,561,527 2049 5,066,475 14,198,038 9,843,261 166,157,595 2050 4,801,283 14,572,314 10,123,381 156,106,445 2051 4,517,750 14,956,645 10,411,472 145,379,459 2052 4,215,065 15,351,309 10,707,762 133,946,924 2053 3,892,410 15,754,625 11,012,483 121,779,989 2054 3,548,914 16,170,757 11,325,876 108,844,753 2055 3,183,642 16,598,092 11,648,188 95,107,991 2056 2,685,617 24,769,880 11,979,672 72,692,244 2057 1,930,391 33,677,836 12,320,590 40,603,882 2058 1,014,240 34,569,147 12,671,209 6,698,355 2059 271,743 12,848,978 6,792,329 (0) 0 2060 0
(0) 0 2061 (0) 0 323,702,475 224,745,430 538,498,622 492,836,090 36,814,528 1 Annual Decommissioning Fund Collections for 2021 were $121,148,000.03 with Decommissioning Expenditures of $138,907,874.49.
2 In 2021, LTE expenses started being disbursed from the Decommissioning Trust ('90) Fund. The initial amount disbursed for LTE expenses was $69,444,792.48 for 2021.
3 All collections and some expenditures flow through the Decommissioning Supplemental Trust through 2021. Continuing in 2022, some LTE expenses will be paid out of the Decommissioning Trust ('90) fund.
OMAHA PUBLIC POWER DISTRICT FORT CALHOUN STATION UNIT NO. 1 2022 ANNUAL DECOMMISSIONING FUNDING STATUS REPORT ATTACHMENT B Decommissioning Fund Annual Collections, Earnings, Expenditures and Balances
U.S. Nuclear Regulatory Commission LIC-22-0009 Attachment C Inflation Earnings Year Rate Rate 2022 2.77%
1.96%
2023 2.74%
1.93%
2024 2.80%
1.86%
2025 2.75%
1.95%
2026 2.74%
2.03%
2027 2.72%
2.20%
2028 2.71%
2.36%
2029 2.64%
2.52%
2030 2.63%
2.68%
2031 2.60%
2.85%
2032-2060 2.60%
2.85%
ATTACHMENT C Decommissioning Funds Annual Inflation and Earning Rates