ML093410582
| ML093410582 | |
| Person / Time | |
|---|---|
| Site: | Vermont Yankee File:NorthStar Vermont Yankee icon.png |
| Issue date: | 12/08/2009 |
| From: | James Kim Plant Licensing Branch 1 |
| To: | Entergy Nuclear Operations |
| kim J, NRR/ADRO/DORL, 415-4125 | |
| References | |
| FOIA/PA-2010-0090, TAC ME0583 | |
| Download: ML093410582 (2) | |
Text
UNITED STATES NUCLEAR REGULATORY COMMISSION WASHINGTON, D.C. 20555-0001 Decemh~r R, 2009 Vice President, Operations Entergy Nuclear Operations, Inc.
Vermont Yankee Nuclear Power Station P.O. Box 250 Governor Hunt Road Vernon, VT 053.54 SUB..IECT:
DECOMMISSIONING FUNDING STATUS REPORT FOR VERMONT YANKEE NUCLEAR POWER STATION (TAC NO. ME0583)
Dear Sir or Madam:
The Nuclear Regulatory Commission (NRC) staff has reviewed the submittal dated October 29, 2009, outlining Entergy's plan of action to cover shortfalls in providing decommissioning funding assurance and/or decommissioning funding realized in the Vermont Yankee Nuclear Power Station Biennial Decommissioning Funding Report that was submitted on March 30, 2009.
Based on the NRC staff's analysis of the March 30, 2009, Biennial Decommissioning Funding Report, the NRC staff estimated a projected shortfall in decommissioning funding assurance of
$87.4 million.
Based on the information provided by Entergy on October 29, 2009, the NRC staff finds that Vermont Yankee Nuclear Power Station as of September 30, 2009, has a Decommissioning Trust Fund Balance of $419.8 million. Entergy stated that it intends to establish a Parent Company Guarantee in the amount of $40 million by December 31,2009, to provide additional financial assurance. The NRC staff determined that the Trust Fund Balance, projected to the time of permanent cessation of operations in 2012, plus the Parent Company Guarantee will cover the projected shortfall.
The NRC staff will contact you in early January 2010 to verify that adequate financial assurance was established as of December 31,2009.
Sincerely, James Kim, Project Manager Plant Licensing Branch 1-1 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-271 cc: Distribution via ListServ
December 8, 2009 Vice President, Operations Entergy Nuclear Operations, Inc.
Vermont Yankee Nuclear Power Station P.O. Box 250 Governor Hunt Road Vernon, VT 05354
SUBJECT:
DECOMMISSIONING FUNDING STATUS REPORT FOR VERMONT YANKEE NUCLEAR POWER STATION (TAC NO. ME0583)
Dear Sir or Madam:
The Nuclear Regulatory Commission (NRC) staff has reviewed the submittal, dated October 29, 2009, outlining Entergy's plan of action to cover shortfalls in providing decommissioning funding assurance andlor decommissioning funding realized in the Vermont Yankee Nuclear Power Station Biennial Decommissioning Funding Report that was submitted on March 30, 2009.
Based on the NRC staff's analysis of the March 30, 2009, Biennial Decommissioning Funding Report, the NRC staff estimated a projected shortfall in decommissioning funding assurance of
$87.4 million.
Based on the information provided by Entergy on October 29,2009, the NRC staff finds that Vermont Yankee Nuclear Power Station as of September 30, 2009, has a Decommissioning Trust Fund Balance of $419.8 million. Entergy stated that it intends to establish a Parent Company Guarantee in the amount of $40 million by December 31,2009, to provide additional financial assurance. The NRC staff determined that the Trust Fund Balance, projected to the time of permanent cessation of operations in 2012, plus the Parent Company Guarantee will cover the projected shortfall.
The NRC staff will contact you in early January 2010 to verify that adequate financial assurance was established as of December 31,2009.
Sincerely, IRA!
James Kim, Project Manager Plant Licensing Branch 1-1 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-271 cc: Distribution via ListServ DISTRIBUTION:
PUBLIC RidsRgn1 MailCenter Resource RidsNrrPMVermontYankee LPL1-1 RtF RidsNrrDorlLpl1-1 Resource RidsNrrLASLittle Resource MDusaniwskj RidsOgcRp Resource RidsNrrDprPfpb Resource RidsAcrsAcnw_MailCenter Resource ADAMS Accession No'.. ML093410582 OFFICE LPL1-1 IPM LPL1-1 ILA DPRtPFPB OGC LPL 1-1 IBC NAME JKim SLittie RCarlson SUttal NSalgado DATE 12 I 8/09 12/7/09 12/8/09 11/23/09 12/08/09 OFFICIAL RECORD COpy