ML061040281
| ML061040281 | |
| Person / Time | |
|---|---|
| Site: | Davis Besse  |
| Issue date: | 03/30/2006 |
| From: | Marsh R FirstEnergy Corp |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| Download: ML061040281 (4) | |
Text
FirstEnE ye 76 South Main St.
AnOhio 44308 1-800-633-4766 March 30, 2006 CERTIFIED MAIL Return Receipt Requested Serial Number: 3247 (Davis Besse)
United States Nuclear Regulatory Commission Document Control Desk Washington, D.C. 20555-0001 Davis Bess. Power Station, Unit 1 Docket No 50-346 RE: Decommissioning Reports for the Davis-Besse Nuclear Power Station, Unit I Ladies and Gentlemen:
Pursuant to 10 CFR 50.75(f)(1), FirstEnergy Corp. is hereby submitting the Decommissioning Reports for the Davis-Besse Nuclear Power Station, Unit 1 for the year ending December 31, 2005.
If you have questions or require additional information, please contact Mr. R. Terry Conlin, Staff Analyst at 330-384-4605.
ry truly yours, Richard H. Marsh Sr. Vice President and Chief Financial Officer Attachments cc: Henry Hegrat, FENOC Michavl Leisure, Davis Besse
NRC Decommissioning Funding Status Report Davis-Besse Nuclear Power Station, Unit 1 As of December 31, 2005 (Note:
This report reflects FirstEnergy Corp.'s consolidated share of ownership interest in Davis-Besse Nuclear Power Station, Unit 1).
- 1. The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75(b) and (c) (see Schedule 1):
FirstEnergy Nuclear Generation Corp.
$330,682,507
- 2. The amount accumulated in external trust funds at December 31, 2005:
FirstEnergy Nuclear Generation Corp.
$402,754,040
- 3. A schedule of the annual amounts over the number of years remaining to be collected from ratepayers:
Amount Remaining
$0 Number of years to Collect 0
- 4. The assumptions used regarding escalation in decommissioning cost, rates of earnings on decommissioning funds, and rates of other factors used in funding projections:
Consolidated Ownership Interest in Unit 100%
"Real" Rate of Return through Dismantlement 2.00%
Year of Final Dismantlement 2024 Year of License Termination 2017
- 5. There are no contracts upon which the owners/licensees are relying pursuant to 10 CFR 50.75(e)(1)(v)..
- 6. FENGenCo provides reasonable assurance of decommissioning funding using a combination of the prepayment method pursuant to CFR 50.75(e)(1)(i) and the guarantee method pursuaant to 10 CFR 50.75(e)(1)(iii). A copy of the executed parent company Guaranty was provided to tle NRC by letter dated February 22, 2006 (L-06-022, Serial Number 3229, PY-CEI/NRR-2937L). These arrangements were described in the applications for license transfer approval dated May 18, 2005, and June 1, 2005, and approval of the transfers was granted by NRC's cor ected Order approving license transfers dated December 16, 2005.
- 7. A copy of FENGenCo's executed Nuclear Decommissioning Master Trust Agreement dated as of December 1, 2005 was submitted to the NRC by letter Dated December 8, 2005 (L 192,Serial Number 3210, PY-CEJINRR-2922L).
2
S Sc:hedule 1 Page 1 of 1 FIRSTENERGY CORP.
Calculation of Minimum Financial Assurance Amount for December 2005 DAVIS-BESSE NUCLEAR POWER STATION, UNIT 1 Ohio Regions Labor (L) = Midwest Energy (E) = National Waste Burial (B):: South Carolina Adjustment Factor Escalation Factor Ratio L =
E =
B =
2.073 1.811 7.934 0.65 0.13 0.22 1.347 0.235 1.745 PWR Escalation Factor =
3.327 Base Amount for FWR between 1200 MWt and 3400 MWt = ($75m + 0.0088P)
(P = power level in megawatts thermal = 2,772)
($75 + 0.0088(2,772)) million =
$99,393,600 Escalated Amount for unit = 99,393,600 33.327
$330,682,507