ML093420561

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Status of Decommissioning Funding Assurance
ML093420561
Person / Time
Site: Point Beach NextEra Energy icon.png
Issue date: 12/16/2009
From: Justin Poole
Plant Licensing Branch III
To: Meyer L
Point Beach
Poole Justin/DORL/LPL3-1/ 301-415-2048
References
TAC ME0557
Download: ML093420561 (2)


Text

UNITED STATES NUCLEAR REGULATORY COMMISSION WASHINGTON, D.C. 20555-0001 December 16, 2009 Mr. Larry Meyer Site Vice President NextEra Energy Point Beach, LLC 6610 Nuclear Road Two Rivers, WI 54241

SUBJECT:

POINT BEACH NUCLEAR PLANT, UNIT 2 - STATUS OF DECOMMISSIONING FUNDING ASSURANCE (TAC NO. ME0557)

Dear Mr. Meyer:

The Nuclear Regulatory Commission (NRC) staff has reviewed the submittal, dated July 27, 2009 (Agencywide Documents Access and Management System (ADAMS) Accession No. ML092110118), supplemented on October 27, 2009 (ADAMS Accession No. ML093030277),

outlining FPL Energy Point Beach, LLC's (licensee) proposed plan of action to cover shortfalls in providing decommissioning funding assurance and/or decommissioning funding realized in the Point Beach Nuclear Plant, Unit 2 (PBNP 2) Biennial Decommissioning Funding Report that was submitted on March 27, 2009 (ADAMS Accession No. ML090900306). Based on the NRC staff's analysis of the Biennial Decommissioning Funding Report, the NRC staff estimated a projected shortfall in decommissioning funding assurance of $46.2 million.

Subsequently, on October 27, 2009, the licensee submitted the updated market value of $203 million for the decommissioning trust fund for PBNP 2 as of August 31, 2009. The NRC staff has reviewed the licensee's plan and determined that the licensee provides reasonable assurance of adequate decommissioning funding at the time permanent termination of operations is expected. Accordingly, the NRC staff concludes that no further action is required at this time to demonstrate adequate decommissioning funding assurance, according to NRC standards, for PBNP 2.

Justin C. Poole, Project Manager Plant Licensing Branch 111-1 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-301 cc: Distribution via ListServ

ML093030277),

outlining FPL Energy Point Beach, LLC's (licensee) proposed plan of action to cover shortfalls in providing decommissioning funding assurance and/or decommissioning funding realized in the Point Beach Nuclear Plant, Unit 2 (PBNP 2) Biennial Decommissioning Funding Report that was submitted on March 27, 2009 (ADAMS Accession No. ML090900306). Based on the NRC staff's analysis of the Biennial Decommissioning Funding Report, the NRC staff estimated a projected shortfall in decommissioning funding assurance of $46.2 million.

Subsequently, on October 27, 2009, the licensee submitted the updated market value of $203 million for the decommissioning trust fund for PBNP 2 as of August 31,2009. The NRC staff has reviewed the licensee's plan and determined that the licensee provides reasonable assurance of adequate decommissioning funding at the time permanent termination of operations is expected. Accordingly, the NRC staff concludes that no further action is required at this time to demonstrate adequate decommissioning funding assurance, according to NRC standards, for PBNP 2.

Sincerely,

/raJ Justin C. Poole, Project Manager Plant Licensing Branch 111-1 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-301 cc: Distribution via ListServ DISTRIBUTION PUBLIC LPL3-1 r/f RidsNrrPMPointBeach Resource RidsOgcRp Resource RidsNrrDirsltsb Resource RidsNrrDorlDpr Resource RidsNrrDorlLpl3-1 Resource RidsNrrLATHarris Resource RidsAcrsAcnw_MailCTR Resource RidsRgn3MailCenter Resource M. Dusaniwskyj, NRR ADAMS Accession No' ML093420561

  • Date of e-mail NLO OFFICE NRR/LPL3-1/PM NRR/LPL3-1/LA NRR/DPR/PFPB/BC OGC NRR/LPL3-1/BC NAME JPoole THarris RCarlson (MDusaniwskyj for)

SUttal*

RPascarelli DATE 12/10109 12/9109 12/11/09 11/23/09 12/16/09