LR-N11-0087, 2011 Annual Report - Guarantees of Payment of Deferred Premiums

2011 Annual Report - Guarantees of Payment of Deferred Premiums

ML110970210
Person / Time
Site:	Salem, Hope Creek
Issue date:	03/31/2011
From:	Neely C Public Service Enterprise Group
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
LR-N11-0087
Download: ML110970210 (5)

Text

PSEG P.O. Box 236, Hancocks Bridge, NJ 08038-0236 0 PSEG MAR a1 2011 NuclearLLC 10 CFR 140.21 10 CFR 50.71(b)

LR-N1 1-0087 U. S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, DC 20555-0001 Salem Nuclear Generating Station Units 1 and 2 Facility Operating License Nos. DPR-70 and 75 NRC Docket Nos. 50-272 and 50-311 Hope Creek Nuclear Generating Station Facility Operating License No. NPF-57 NRC Docket No. 50-354

Subject:

2011 Annual Report - Guarantees of Payment of Deferred Premiums PSEG Nuclear LLC (PSEG) as the licensee of the Salem Generating Station Unit Nos.

1 and 2 and the Hope Creek Generating Station, submits the following statements and supporting documents to satisfy the guarantee of payment of deferred premium requirements as provided under 10 CFR 140.21(e) of the Regulations of the Nuclear Regulatory Commission:

1. 2010 PSEG Annual Report and/or Form 10-K (Enclosure). Submitted in accordance with 10 CFR 50.71(b).

2. Individual certified Internal Cash Flow Statements showing 2010 Actual and 2011 Projected with Explanation of Significant Variations. (Attachment 2)

3. A non-proprietary version of the Internal Cash Flow Statement (Attachment 3). contains information proprietary to PSEG. PSEG requests that the contents of Attachment 2 be withheld from public disclosure in accordance with 10 CFR 2.390(a)(4). An affidavit in support of PSEG's request to withhold proprietary information from public disclosure, in accordance with 10 CFR 2.390(a)(4), is included as Attachment 1.

This letter forwards ProprietaryInformation in accordancewith 10 CFR 2.390. The j (4 balance of this letter may be considered non-proprietaryupon removal of Attachment 2.

LR-Nl1-0087 Page 2 There are no regulatory commitments contained in this submittal.

Should you have any questions regarding this transmittal, please contact Mr. Paul Duke at (856) 339-1466.

Sincerely, Christine T. Neely Director, Regulatory Affairs Enclosure 2010 PSEG Annual Report Attachments (3)

Affidavit to withhold proprietary information PSEG Power LLC, Internal Cash Flow Statement (Proprietary)

PSEG Power LLC, Internal Cash Flow Statement (Non-Proprietary)

This letter forwards ProprietaryInformation in accordance with 10 CFR 2.390. The balance of this lettermay be considerednon-proprietaryupon removal of Attachment 2.

LR-N1 1-0087 Page 3 C All w/o 2010 PSEG Annual Report and Attachments l and 2 Administrator - Region I U. S. Nuclear Regulatory Commission 475 Allendale Road King of Prussia, PA 19406 Mr. R. Ennis, Licensing Project Manager - Salem and Hope Creek U. S. Nuclear Regulatory Commission Mail Stop 08B1 Washington, DC 20555-0001 USNRC Resident Inspector Office - Hope Creek (X24)

USNRC Resident Inspector Office - Salem (X24)

Mr. P. Mulligan, Manager IV Bureau of Nuclear Engineering P. O. Box 415 Trenton, NJ 08625 Commitment Coordinator- Hope Creek Commitment Coordinator - Salem PSEG Commitment Coordinator - Corporate This letter forwards ProprietaryInformation in accordancewith 10 CFR 2.390. The balance of this letter may be considered non-proprietaryupon removal of Attachment 2.

LR-N1 1-0087 Affidavit to withhold proprietary information in accordance with 10 CFR 2.390(a)(4)

AFFIDAVIT I, Christine T. Neely, Director, Regulatory Affairs, of PSEG Nuclear LLC (PSEG), do hereby affirm and state:

I am an officer of PSEG authorized to execute this affidavit on its behalf. I am further authorized to review information submitted to the Nuclear Regulatory Commission (NRC) and apply for the withholding of information from disclosure.

PSEG is providing information pursuant to 10 CFR 140.21(e), which constitutes proprietary financial information that should be held in confidence by the NRC pursuant to the policy reflected in 10 CFR 2.390(a)(4), because:

This information is and has been held in confidence by PSEG.

This information is of a type that is held in confidence by PSEG, and there is a rational basis for doing so because the information contains sensitive financial information concerning PSEG's projected revenues and operating expenses.

The information is being transmitted to the NRC in confidence.

This information is not available in public sources and could not be gathered readily from other publicly available information.

Public disclosure of this information would create substantial harm to the competitive position of PSEG by disclosing PSEG's internal financial projections to other parties whose commercial interests may be adverse to those of PSEG.

Accordingly, PSEG requests that the designated documents be withheld from public disclosure pursuant to the policy reflected in 10 CFR 2.390(a)(4).

Christine T. Neely Director, Regulatory Affairs - PSEG Nuclear Subscribed and Sworn to before me thi day o i C-/& ,-2011

/N~otary, Pub~lic of 'New Jersey

, My Com-imission expires on 71,d/2..

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