ML110900375
| ML110900375 | |
| Person / Time | |
|---|---|
| Site: | Millstone, Kewaunee, Surry, North Anna  |
| Issue date: | 03/29/2011 |
| From: | Hartz L Dominion, Dominion Energy Kewaunee, Dominion Nuclear Connecticut, Dominion Resources Services, Virginia Electric & Power Co (VEPCO) |
| To: | Document Control Desk, NRC/FSME, Office of Nuclear Reactor Regulation |
| References | |
| 11-133 | |
| Download: ML110900375 (19) | |
Text
Dominion Dominion Resources Services, Inc.
Innsbrook Technical Center 5000 Dominion Boulevard, 25E, Glen Allen, VA 23060 March 29, 2011 United States Nuclear Regulatory Commission Attention: Document Control Desk Washington, D. C. 20555-0001 VIRGINIA ELECTRIC AND POWER COMPANY DOMINION NUCLEAR CONNECTICUT, INC.
DOMINION ENERGY KEWAUNEE, INC.
SURRY POWER STATION UNITS 1 AND 2 NORTH ANNA POWER STATION UNITS 1 AND 2 MILLSTONE POWER STATION UNITS 1, 2 AND 3 KEWAUNEE POWER STATION DECOMMISSIONING FUNDING STATUS REPORT Serial No.
NL&OSITJS Docket Nos.
License Nos.11-133 RO 50-280,281 50-338,339 50-245, 336, 423 50-305 DPR-32,37 NPF-4,7 DPR-21, 65 NPF-49 DPR-43 Pursuant to 10 CFR 50.75(f)(1), Virginia Electric and Power Company (Dominion),
Dominion Nuclear Connecticut, Inc. (DNC) and Dominion Energy Kewaunee, Inc. (DEK) are providing this report on the status of decommissioning funding for each of the eight nuclear power reactors referenced above. provides the following information for North Anna Power Station (NAPS) and Surry Power Station (SPS):
Table 1-NRC Minimum Financial Assurance Amount as of 12/31/2010 Table II -
Allocated Radiological Funds Held in External Trusts as of 12/31/2010 Table 111-Current Annual Funding Levels Table IV-NRC Minimum Financial Assurance Summary Table Present Value & Future Value provides the following information for Millstone Power Station (MPS) Units 2 &3:
Table I -
Table II -
Table 111-Table IV-NRC Minimum Financial Assurance Amount as of 12/31/2010 Funds Held in External Trusts as of 12/31/2010 Current Annual Funding Levels NRC Minimum Financial Assurance Summary Table Present Value & Future Value
Serial No.11-133 Docket Nos. 50-280/281, 338/339, 245/336/423, 305 Page 2 of 4 provides the following information for Millstone Power Station Unit 1:
Table I -
Decommissioning Funding Status Report for Millstone Unit 1 Summary Information as of 12/31/2010 Table II -
Decommissioning Funding Status Report for Millstone Unit 1 Annual Earnings and Expenditures as of 12/31/2010 provides the following information for Kewaunee Power Station (KPS):
Table 1-Table II -
Table 111-Table IV-NRC Minimum Financial Assurance Amount as of 12/31/2010 Funds Held in External Trusts as of 12/31/2010 Current Annual Funding Levels NRC Minimum Financial Assurance Amounts Present Value & Future Value Since our previous biennial submittal of March 30, 2009 (Serial No.09-038) for SPS, NAPS and MPS Units 2 and 3, and annual submittals for MPS1 and KPS (March 30, 2010, Serial Nos.10-111 and 10-136, respectively) there have been no material changes to trust agreements established for nuclear decommissioning for any Dominion units.
Please contact Mr. David A. Sommers at (804) 273-2823 if you have any questions or require additional information.
Sincerely, c:r~~r Vice President Nuclear Support Services Virginia Electric and Power Company Dominion Nuclear Connecticut, Inc.
Dominion Energy Kewaunee, Inc.
Attachments: - - -
Surry and North Anna Decommissioning Financial Assurance Millstone Units 2 and 3 Decommissioning Financial Assurance Millstone Unit 1 Decommissioning Funding Status Report Kewaunee Decommissioning Financial Assurance Commitments made in this letter: None
Serial No.11-133 Docket Nos. 50-280/281, 338/339, 245/336/423, 305 Page 3 of 4 cc:
U. S. Nuclear Regulatory Commission Region II Marquis One Tower 245 Peachtree Center Ave, NE Suite 1200 Atlanta, GA 30303-1257 U. S. Nuclear Regulatory Commission Region I 475 Allendale Road King of Prussia, PA 19406-1415 U. S. Nuclear Regulatory Commission Region III 2443 Warrenville Road, Suite 210 Lisle, IL 60532-4352 NRC Senior Resident Inspector Surry Power Station NRC Senior Resident Inspector North Anna Power Station NRC Senior Resident Inspector (Units 2 and 3)
Millstone Power Station Ms. L. A. Kaufman (Millstone Power Station Unit 1)
U. S. Nuclear Regulatory Commission, Region I 475 Allendale Road King of Prussia, PA 19406-1415 NRC Senior Resident Inspector Kewaunee Power Station Mr. J. Hughey NRC Project Manager (MPS Units 2 & 3)
U. S. Nuclear Regulatory Commission One White Flint North 11555 Rockville Pike Mail Stop 08 B-3 Rockville, MD 20852-2738
Serial No.11-133 Docket Nos. 50-280/281, 338/339, 245/336/423, 305 Page 4 of 4 Mr. S. Giebel NRC Project Manager (MPS Unit 1)
U. S. Nuclear Regulatory Commission Two White Flint North Mail Stop T-8 F5 11545 Rockville Pike Rockville, MD 20852-2738 Mr. J. Wiebe NRC Project Manager (NAPS and SPS)
U. S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 Ms. K. R. Cotton NRC Project Manager (NAPS and SPS)
U. S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 Mr. K. D. Feintuch NRC Project Manager (KPS)
U. S. Nuclear Regulatory Commission, Mail Stop 08 H-4A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 Mr. J. E. Reasor, Jr.
Old Dominion Electric Cooperative Innsbrook Corporate Center 4201 Dominion Blvd.
Suite 300 Glen Allen, VA 23060 Mr. Ed Kaczinski Massachusetts Municipal Wholesale Electric Co.
Moody Street, P. O. Box 426 Ludlow, MA 01056 Mr. Stephen Page Central Vermont Public Service Corp.
77 Grove Street Rutland, VT 05701 Serial No.11-133 VIRGINIA ELECTRIC AND POWER COMPANY (DOMINION)
SURRY POWER STATION UNITS 1 AND 2 NORTH ANNA POWER STATION UNITS 1 AND 2 DECOMMISSIONING FINANCIAL ASSURANCE Nuclear Decommissioning Financial Assurance as of 12/3112010
VIRGINIA ELECTRIC AND POWER COMPANY Nuclear Decommissioning Financial Assurance as of 12131/2010 Serial No.11-133 I
VIRGINIA ELECTRIC AND POWER COMPANY Nuclear Decommissioning Financial Assurance as of 12/3112010 Table I:
NRC Minimum Financial Assurance Amount as of 12/3112010 (Millions of Dollars)
(see Note 5)
(see Note 5)
(see Notes 1&5) (see Notes 1&5)
Surry Surry NorthAma North Anna Customer Unit1 Unit 2 Unit 1 Unit 2 Total Classification (see Note 6)
DPR*32 DPR*37 NPF*4 NPF*7 All Uni1s Vlrgina State CDlporation Olrmission (VS<X:)
350.86 350.86 323.13 323.13 1,347.98 Olrrpany Olntribution North carolina Utilities Cormission 19.16 19.16 17.65 17.65 73.63 Federal Energy RegLdatory Olrmission 11.81 11.81 10.87 10.87 45.36 Vlrgina Retail (notlllderVSOCjurisdiction) 51.76 51.76 47.67 47.67 198.85 Unallocated 1.22 1.22 1.13 1.13 4.70 Total 434.8 434.8 400.4 400.4 1,670.5 Table II:
Allocated Radiological Funds Held in External Trusts as of 12/31/2010 (Millions of Dollars)
(see Note 2)
(see Note 2)
(see Notes 1 & 2)(see Notes 1& 2)
Surry Surry NorthAma North Anna Customer Unitt Unit 2 Unit1 Unit 2 Total Classification (see Note 6)
DPR*32 DPR*37 NPF*4 NPF*7 All Uni1s Vlrgina State Olrporation Olrmission (VS<X:)
213.2 207.9 175.1 166.3 762.6 Olrrpany Olntribution 1.5 1.7 0.5 0.4 4.1 North carolina Utilities Cormission 13.0 14.8 13.4 12.7 53.9 Federal Energy RegLdatory Olrmission 10.7 11.9 3.3 3.1 29.0 Vlrgina Retail (notlllderVSOCjurisdiction) 31.5 34.4 29.0 27.2 122.0 Unailocated L...-..:
L...-..:
Total 269.9 270.7 221.3 209.7 971.5 Page 1 of 3
Serial No.11-133 VIRGINIA ELECTRIC AND POWER COMPANY Nuclear Decommissioning Financial Assurance as of 12131/2010 Table III:
Current Annual Funding Levels (Millions of Dollars)
(see Note 1)
(see Note 1)
Suny Suny NorthAnm NorthAnm Customer Unil1 Unil2 Unill Unil2 Total Classification DPR-32 DPR*37 NPF*4 NPF*7 All Unils Virgilia State Olrporation OlmTission (VScx::)
OlrrlJany Olntribution 0.4 0.5 0.2 0.2 1.2 North Carolina Utilities Cotmission Federal Energy RegLJatory OlmTission 0.2 0.2 0.2 0.2 0.7 Virgilia Retail (notmderVS<X;jurisdiction)
Unallocated Total 0.6 0.6 0.4 0.3 1.9 Page 2 of 3
Serial No.11-133 VIRGINIA ELECTRIC AND POWER COMPANY Nuclear Decommissioning Financial Assurance as of 12131/2010 Table IV:
Me1hod for Providing Rnandal Assurance NRCIVinirrun AmOlris as of 12'31/2010 Funds in External Trusts as of 12'31/2010 (See Note 2)
JlJlocated Radiological Funds in External Trusts as of 12'31/2010 (See Note 2)
NRC Minimum Financial Assurance Summary Table Present Value & Future Value (Millions of Dollars - except percentages and years)
(see Note 5)
(see Note 5)
(see Notes 1&5) (see Notes 1&5)
Suny Suny North Anna North Anna Unit1 Unit 2 Unit1 Unit 2 Total DPR-32 DPR-37 NPF-4 NPF-7 All Units External External External External Sinking Fund Sinking Fund Sinking Fund Sinking Fund 434.8 434.8 400.4 400.4 1,670.5 373.3 367.5 298.2 280.4 1,319.4 269.9 270.7 221.3 209.7 971.5 JlJlocated Radiological Funds in External Trusts as of 12'31/2010 IViJ'lJS NRClVinirrun AmolIlt as of 12'3112010 (See Notes 2 & 3)
Annual Trust Funds Earnings Rare (JIJ1erTax& Fees -assumes 2% Real Rare of Return)
YearThal cperating Uoense EJ<pires (Reflects Uoense Rene",,1 for Suny and North Anna)
(164.9) $
2.00%
2032 (164.2) $
2.00%
2033 (1792) $
2.00%
2038 (190.8) 2.00%
2040 (699.0)
JlJlocated Radiological Funds in excess or (underfunded) 10 NRCIVinirrun In Future Dollars (3.5years aflerstart of Decormissioning)
(See Notes 2.3 & 4)
Notes:
27.3 35.0 19.3 22.3 103.8 (1) The North Anna Power Station is jointly O'Mled by Virginia Electric and Power Company (88.4%) and Old Dominion Electric Cooperative (11.6%). HOlf.J8ver, Virginia Electric and PO'NerCompany is responsible for (89.26%) of the Decommissioning obligation. The amounts stated in the above tables reflect only that portion of the Decommissioning obligation attributable to Virginia Electric and POllv'er Company.
(2) The Allocated Radiological Funds amounts sho'Nll excludes amounts designated for the future Decommissioning of the IndependentSpent Fuel Storage InstaUations(ISFSls),
spent fuel management, and non.-radiological decommissioning.
(3) Negative amounts indicate that the value of Trust funds are less than the value of the NRC Minimum for the period indicated.
(4) The Future Value calculation forSurry and North Anna reflects 2% Real Rate ofRetum applied from01/01/2011 to 3.5 years after start of Decommissioning (5) Energy Adjusbnent Factor used in calculating NRC Minimum Values is based on preliminary December 2010 BLS Producer Price Indexes, as final indexes are not yet available (6) The allocation among customer classifications in Tables I and II is based on 2009 allocation percentages, as the 2010 allocations have not yet been finalized.
Page 3 of 3 Serial No.11-133 DOMINION NUCLEAR CONNECTICUT, INC. (DNC)
MILLSTONE POWER STATION UNITS 2 AND 3 DECOMMISSIONING FINANCIAL ASSURANCE Nuclear Decommissioning Financial Assurance as of 12/31/2010
Serial No.11-133 DOMINION NUCLEAR CONNECTICUT, INC.
Nuclear Decommissioning Financial Assurance as of 12131/2010 I
Dominion Nuclear Connecticut, Inc.
I Nuclear Decommissioning Financial Assurance as of 12/3112010 Table I:
NRC Minimum Financial Assurance Amount as of 12/31/2010 (Millions of Dollars)
(See Note 5)
(See Note 6)
(See Notes 1&6)
MPS MPS MPS Unit 1 Unit2 Unit3 Total U3 Ownershln DPR-21 CPR-65 NPF-49 U2&U3 Ownershin%
Dominion NuclearConrecticLt, Inc.
n/a 453.4 450.6 903.9 93.47%
Gen1ra1 Vermont PSG n/a n/a 8.3 8.3 1.73%
MassachJsetls MUlicioal WEC nfa nfa 23.1 23.1 4.80%
Total nla 453.4 482.0 935.4 100.00%
Table II:
Funds Held in External Trusts as of 12/3112010 (Millions of Dollars)
(See Note 5)
(See Note 1)
MPS MPS MPS Unit 1 Unit 2 Unit 3 Total U3 Ownershlo CPR-21 CPR-65 NPF-49 U2&U3 Ownershio%
DominionNuclearConrecticLt, Inc.
nfa 384.5 374.5 759.0 93.47%
Gen1ra1 Vermont PSG nfa nfa 5.7 5.7 1.73%
MassachJsetls MUlicipal WEC nfa nfa 19.3 19.3 4.80%
Total (see Note 2\\
nla S
384.5 399.5 S
784.0 100.00%
Page 1 of 3
Serial No.11-133 DOMINION NUCLEAR CONNECTICUT, INC.
Nuclear Decommissioning Financial Assurance as of 12131/2010 Table III:
Current Annual Funding Levels (Millions ofDoliars)
(See Note 5)
(See Note 1)
MPS MPS MPS Unill Unil2 Unil3 Tolal U3 Ownershio DPR-21 DPR-65 NPF-49 U2&U3 OwnerstiD %
Dominion NuclearConrecticLt, Inc.
nfa 93.47%
central Vermont PSG nfa 1.73%
Massactusetls MlJ1icioal WEe nfa 4.80%
Total nfa 100.00%
Page 2 of 3
Serial No.11-133 DOMINION NUCLEAR CONNECTICUT, INC.
Nuclear Decommissioning Financial Assurance as of 12131/2010 Table IV:
NRC Minimum Financial Assurance Summary Table Present Value & Future Value (Millions of Dollars - except percentage and years)
(See Note 5)
(See Note 6)
(See Notes 1&6)
MPS MPS MPS Unit 1 Unit2 Unit3 Total DPR-21 DPR-65 NPF-49 U2&U3 Me1hod for Providing Rnarcial Asstrance nla Pre-payment Pre-payment NRC Mnirrun!'mOl"ts as 0112131/2010 nla 453.4 482.0 935.4 Furds in External Trusts as 01 12131/2010(See Note 2) nla 384.5 399.5 784.0 Furds in External Trusts as 0112131/2010 Minus NRCMnimunn Amolll1s as 0112131/2010(See Notes 2 & 3) nla (68.9)
(82.5)
(151.4)
Armel TrustFurds Eamrgs Ra1e (AfterTax & Fees - assumes 2% Real Rate of Return) nla 2.00%
2.00%
YearTt-atQ:>erating Ucense E><pires Retired (Reflects Ucense Renewal for Unit 2 and Unit 3) 1998 2035 2045 Furds in elCess or (Ulderft.nded) to NRC Mnimunn In FutLre Dollars (3.5years afterstartofDecommssionirg) nla 216.1 374.3 590.4 (See Notes 3& 4)
Notes:
(1) Millstone Unit 3is jointiy owned by Dominion NuclearConnecticut, Inc.(93.4707%), Central Vermont PSC (1.7303%) and Massachusetts Municipal WEC(4.7990%).
(2) The Extemal Trust Funds ShoWl reftectthe total amount offunds in the Trusts, all of which are available for Radiological Decommissioning.
(3) Negative amounts indicate that the value afTrustfunds are less than the value afthe NRC Minimum forthe period indicated.
(4) The Future Value calculation forMillstone U2 and U3 reflects 2% Real Rate ofRetum applied from 01/0112011 to 3.5 years after start of Decommissioning.
(5) The MPS Unit1 Decommissioning Funding Worksheet is shown as a separate attachment.
(6) Energy Adjustment Factor used in calculating NRC Minimum Values is based on preliminary December2010 BLS Producer Price Indexes, as final indexes are not yet available Page 3 of 3 Serial No.11-133 DOMINION NUCLEAR CONNECTICUT, INC. (DNC)
MILLSTONE POWER STATION UNIT 1 DECOMMISSIONING FUNDING STATUS REPORT Nuclear Decommissioning Funding Status as of 12131/2010
Serial No.11-133 DOMINION NUCLEAR CONNECTICUT, INC.
Nuclear Decommissioning Funding Status Report for Millstone Unit 1 Summary Information as of 12131/2010 (Table I)
Nuclear Decommissioning Funding Status Report for Millstone Unit 1 Summary Information as of 12/3112010 (Table I)
(in Millions)
Decommissioning Cost Estimate 435.551 Remaining Decommissioning cost estimate in :
01/01/2011 Dollars Decommissioning Trust Funds 316.943 Unit 1 Qualified Fund Balance as of:
12/31/2010
- Unit 1 Non-Qualified Fund Balance as of:
12/31/2010 316.943 Total Decommissioning Fund Balance as of:
12/31/2010 Inputs 2011 Start year of Analysis 4.64%
Escalation Rate (2011 & Beyond) 6.64%
After Tax Earnings - Long Term (assumes 2% Real Rate of Return)
Annual Expenditures Projected Annual Expenditures as shown in Table 2 Page 1 of 2
Serial No.11-133 DOMINION NUCLEAR CONNECTICUT, INC.
Nuclear Decommissioning Funding Status Report for Millstone U1 Annual Earnings and Expenditures as of 12131/2010 (Table II)
Nuclear Decommissioning Funding Status Report for Millstone Unit 1 Annual Earnings and Expenditures as of 1213112010 (Table II)
(in Millions)
Cost Estimate Basis - 2008 EnergySolutions Cost Study Projected Unit 1 Expenditures (in future $)
Year 2011 2012 Beginning of Year Balance 316.943 332.639 Projected Earnings 20.867 21.901 5.171 5.411 End of Year Balance 332.639 349.130 Remaining Unit 1 Decom Expenditures in 01/01/2011 $
5.171 5.171 2013 2014 349.130 366.455 22.987 24.129 5.662 5.924 366.455 384.659 5.171 5.171 2015 2016 384.659 403.788 25.328 26.588 6.199 6.487 403.788 423.890 5.171 5.171 2017 423.890 27.913 6.788 445.015 5.171 1.186 1.186 5.171 1.186 1.186 1.186 1.186 1.191 5.171 1.188 1.188 5.171 1.186 1.186 1.186 5.171 5.171 1.186 5.171 5.171 5.171 5.171 5.171 8.450 8.035 1.184 1.188 1.187 1.491 1.186 1.187 6.512 1.187 1.187 3.606 0.029 0.004 23.205 41.071 77.464 38.957 115.081 435.551 596.468 691.061 866.575 2,995.096 490.553 920.922 767.437 2,656.580 815.479 2,849.139 515.081 978.729 725.898 1,040.214 626.429 567.971 657.933 722.265 2,678.840 1,105.621 2,518.828 467.217 1,175.191 2,368.479 2,094.448 1,595.762 1,500.908 1,249.217 540.865 1,411.760 2,227.202 1,327.971 1,997.645 1,802.746 1,883.438 1,969.679 1,696.692 1,629.427 1,818.320 1,820.701 1,941.524 1,707.599 6.074 5.787 6.958 7.432 6.355 7.281 6.650 0.034 0.241 4.418 7.776 8.137 8.515 8.909 9.323 9.755 2.808 6.361 3.074 4.623 3.217 2.683 4.222 4.837 2.938 3.698 3.856 4.035 3.371 3.526 7.102 10.207 10.681 50.154 37.536 41.783 37.722 29.027 301.909 299.648 808.447 520.070 35.620 33.921 82.789 37.406 88.011 29.304 43.335 39.284 32.305 45.518 99.477 41.259 73.269 46.521 77.881 30.767 47.855 93.566 68.933 61.024 54.034 50.849 57.421 64.856 130.556 156.999 138.828 147.631 166.969 177.580 181.554 105.767 118.415 112.416 123.777 149.512 187.740 122.584 120.857 113.343 107.198 110.755 866.575 2,849.139 815.479 2,518.828 1,040.214 1,500.908 2,995.096 767.437 445.015 490.553 515.081 1,327.971 1,105.621 2,094.448 540.865 722.265 567.971 1,249.217 920.922 725.898 2,656.580 626.429 691.061 2,678.840 1,175.191 2,368.479 596.488 978.729 2,227.202 467.217 657.933 1,411.760 1,595.762 1,883.438 1,997.645 1,696.692 1,969.679 1,802.746 1,818.320 1,629.427 1,820.701 1,707.599 2025 2038 2033 2027 2024 2028 2031 2037 2049 2048 2026 2034 2040 2036 2035 2047 2044 2022 2042 2032 2041 2045 2050 2021 2030 2029 2051 2023 2046 2020 2043 2039 2018 2019 2053 2054 2055 2052 2056 2058 2057 Remaining Ul expenditures from 111/2011 through end of Decommissioning (in 01/0112011 $)
Remaining U1 expenditures (in future $)
Page 2 of 2 Serial No.11-133 DOMINION ENERGY KEWAUNEE, INC. (DEK)
KEWAUNEE POWER STATION DECOMMISSIONING FINANCIAL ASSURANCE Nuclear Decommissioning Financial Assurance as of 12/31/2010
Serial No.11-133 DOMINION ENERGY KEWAUNEE, INC.
Nuclear Decommissioning Financial Assurance as of 12/31/2010 I
Dominion Energy Kewaunee, Inc. (DEK)
I Nuclear Decommissioning Financial Assurance as of 12/3112010 Table I:
NRC Minimum Financial Assurance Amount as of 12/3112010 (Millions of Dollars)
(see Note 5)
(see Note 5)
Kewauree Total Ow1ershiD DPR*43 Kewauree DorTirion Eneruv Kev.alJ16e, Ire.
407.7 407.7 Total 407.7 407.7 Table II:
Funds Held in External Trust as of 12/31/2010 (Millions of Dollars)
Kewauree Total O\\M1l!rshio DPR-43 Kew!lUree DorTirion Eneruv Kev.alJ16e, Ire. (see Note 1) 501.6 501.6 Total 501.6 501.6 Page 1 of 3
Serial No.11-133 DOMINION ENERGY KEWAUNEE, INC.
Nuclear Decommissioning Financial Assurance as of 12131/2010 Table III:
Current Annual Funding Levels (Millions of Dollars)
KeVlSunee Total OlM1ershlo DPR-43 KeVlSunee Donirion Enemv KewaLllee, Ire.
Total Page 2 of 3
Serial No.11-133 DOMINION ENERGY KEWAUNEE, INC.
Nuclear Decommissioning Financial Assurance as of 12131/2010 Table IV:
NRC Minimum Financial Assurance Amounts Present Value & Future Value (Millions of Dollars)
(see Note 5)
(see Note 5)
~waunee Total Ownershio DPR-43
~waunee Method for Providing Rnancial Assuance Prepayment Prepayment NRC Mrimun Rnancial AmoU1las of12'31/2010 407.7 407.7 FlJ'lds in Externai Trustas of 12'31/2:110 (see Note 1) 501.6 501.6 Tolal FlJ'lds in Exfemal Tn.stas of 12'31/2:110 Mnus NRC MnilT1lJ1l Rnancial Assuance AmoU1las of 12'3112:110(see Note 2) $
93.9 93.9 Amual Tn.stFund Eanirgs Rate (After -Tax& Fees -assll11E!s 2%Real Rate ofReturn) 2.00%
Date Thatcperatirg Ucense Expires (reflecls no Uoense Renev-.al as of 12'31/2:110) 12/21/2013 (see Note 4)
FlJ'lds in excess or(underfUlded)to NRCMnimun In FlJure Dollars (3.5 Years afterslartofDecomnissiorirg) (see Notes 2& 3) 162.8 162.8 Notes:
(1) The Trustfund amounts shov.n reflect the total amount of funds in the Trust all of\\Nhich are available for radiological decommissioning.
(2) Negative amounts (if any) indicate that the value afthe funds in the Trustare less than the value afthe NRC Minimum forthe period indicated.
(3) The Future Value calculation for Kewaunee reflects 2% Real Rate of Retum applied from 01/01/2011 to 3.5 years after the start of Decommissioning.
(4) DEK received License Renewal on 02124/2011. The original license end date is assumed for the purpose of these calculations.
(5) Energy Adjustment Factorused in calculating NRC Minimum Values is based on preliminary Oecember2010 BLS Producer Price Indexes, as final indexes are notyet available Page 3 of 3