ML092750086
| ML092750086 | |
| Person / Time | |
|---|---|
| Site: | Browns Ferry, Watts Bar, Sequoyah  |
| Issue date: | 09/29/2009 |
| From: | Krich R Tennessee Valley Authority |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| Download: ML092750086 (2) | |
Text
Tennessee Valley Authority, 1101 Market Street, Chattanooga, Tennessee 37402-2801 September 29, 2009 10 CFR 50.4 U. S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, D.C. 20555-0001 Browns Ferry Nuclear Plant, Units 1, 2, and 3 Facility Operating License Nos. DPR-33, DPR-52, and DPR-68 NRC Docket Nos. 50-259, 50-260, and 50-296 Sequoyah Nuclear Plant, Units 1 and 2 Facility Operating License,-Nos. DPR-77 and DPR-79 NRC Docket Nos. 50-327 and 50-328 Watts Bar Nuclear Plant, Unit 1 Facility Operating License No. NPF-90 NRC Docket No. 50-390
Subject:
Decommissioning Funding Assurance - Additional Information
Reference:
Letter from TVA to the NRC dated September 4, 2009, "Decommissioning Funding Assurance" The referenced letter from the Tennessee Valley Authority (TVA) provided the NRC with TVA's approved plan to address decommissioning funding assurance.
The purpose of this letter is to describe an additional detail of TVA's plan to use an external sinking fund, one of the approved funding mechanisms described in 10 CFR 50.75, "Reporting and recordkeeping for decommissioning planning,"
paragraph (e).
In 1999, the TVA Board of Directors (i.e., TVA's rate-setting authority) approved the use of a five percent real rate of return "...from the time of future funds' collection through each unit's decommissioning periods...." As such, this Board Action contemplated the application of a five percent real rate of return during the period of licensed plant operations as well as through the period in which decommissioning activities take place.
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Printed on recycled paper
U.S. Nuclear Regulatory Commission Page 2 September 29, 2009 This letter contains no regulatory commitments. Please direct any questions concerning this matter to Fred Mashburn at (423) 751-8817.
Respectfully,,
R.M.
r ic h Vice President Nuclear Licensing cc:
NRC Regional Administrator - Region II NRC Senior Resident Inspector - Browns Ferry Nuclear Plant NRC Senior Resident Inspector - Sequoyah Nuclear Plant NRC Senior Resident Inspector - Watts Bar Nuclear Plant