ML070940682
| ML070940682 | |
| Person / Time | |
|---|---|
| Site: | Perry  |
| Issue date: | 03/28/2007 |
| From: | Pearce L FirstEnergy Nuclear Operating Co |
| To: | Document Control Desk, NRC/NRR/ADRO |
| References | |
| PY-CEI/NRR-3023L | |
| Download: ML070940682 (3) | |
Text
FENOC Perry Nuclear Power Station 10 Center Road FirstEnergy Nuclear Operating Company Perry, Ohio 44081 L. William Pearce 440-280-5382 Vice President Fax: 440-280-8029 March 28, 2007 PY-CEI/NRR-3023L 10 CFR 50.75 ATTN: Document Control Desk United States Nuclear Regulatory Commission Washington, D.C. 20555-0001 Perry Nuclear Power Plant, Unit 1 Docket No. 50-440.
RE: Decommissioning Report for the Perry Nuclear Power Plant, Unit 1 Ladies and Gentlemen:
Pursuant to 10 CFR 50.75(f)(1), FirstEnergy Nuclear Operating Company is hereby submitting the Decommissioning Report for the Perry Nuclear Power Plant, Unit 1 for the year ending December 31, 2006.
There are no regulatory commitments contained in this letter or its attachment.
If you have questions or require additional information, please contact Mr. R. Terry Conlin, Staff Analyst, at 330-384-4605.
Ve-ry ly Tou W
William Pearce Attachment cc: NRC Region III Administrator NRC Project Manager NRC Resident Inspector State of Ohio 4oo C"
PY-CEI/NRR-3023L Page 1 of 1 NRC Decommissioning Funding Status Report Perry Nuclear Power Plant, Unit 1 As of December 31, 2006 (Note: This report reflects FirstEnergy Corp.'s consolidated share of ownership interest in Perry Nuclear Power Plant, Unit 1)
- 1. The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75(b) and (c) (See Schedule 1):
Ohio Edison Company
$ 65,995,938 FirstEnergy Nuclear Generation Corp. (FENGenCo) 458,614,062 FirstEnergy Consolidated
$524,610,000
- 2. The amount accumulated in external trust funds at December 31, 2006:
Ohio Edison Company
$ 57,792,015 FirstEnergy Nuclear Generation Corp.
384,943,017 FirstEnergy Consolidated
$ 442,735.032
- 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 in Unit 100%
"Real" Rate of Return through Dismantlement 2.00%
Year of Final Dismantlement 2034 Year of License Termination 2026
- 5.
There are no contracts upon which the owners/licensees are relying pursuant to 10 CFR 50.75(e)(1)(v).
- 6.
Due to the passage of the Ohio Electric Utility Industry Restructuring Bill, funding of the external trusts of Ohio Edison Company were accelerated. Contributions authorized by the Public Utility Commission of Ohio were collected from ratepayers through 2005.
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 pursuant to 10 CFR 50.75(e)(1)(iii). A copy of the executed parent company Guaranty was provided to the 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 corrected Order approving license transfers dated December 16, 2005.
- 7.
The Trust Agreements for Ohio Edison Company was amended to authorize the transfer of funds to FENGenCo required in connection with the plant transfers to FENGenCo.
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-05-193, Serial Number 3210, PY-CEIiNRR-2922L).
No significant amendments to this agreement have been executed.
, Schedule 1 PY-CEI/NRR-3023L Page 1 of I FIRSTENERGY CORP.
Calculation of Minimum Financial Assurance Amount December 31, 2006 PERRY NUCLEAR POWER PLANT, UNIT 1 Ohio Regions Labor (L) = Midwest Energy (E) = National Waste Burial (B) = South Carolina For BWR Unit Adjustment Factor Escalation Factor Ratio 2.140 1.923 10.206 0.65 0.13 0.22 1.391 0.250 2.245 BWR Escalation Factor =
3.886 Base Amount for BWR greater than 3400 MWt =
Escalated Amount for unit
=
135,000,000 x
135,000,000 3.886
$524,610,000 Owner/Licensee Ohio Edison FirstEnergy Nuclear Generation Corp.
FirstEnergy Consolidated Ownership 12.58%
87.42%
65,995,938 458,614,062
$524.610,000