ML112351089
| ML112351089 | |
| Person / Time | |
|---|---|
| Site: | Duane Arnold  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112351089 (11) | |
Text
Datasheet 1 Signature: Jo Ann Simpson Date: 06/16/2011 Signature: Kosmas Lois Date: 6/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
70.00%
2 20.00%
1 10.00%
1 3
4 variable1 variable1 variable1 N
N N
N N
Y 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 CIPCO NextEra Licensee:
$213,176,089 Amount in Trust Fund:
Rate of Return on Earnings Allowed through Decom (Y/N)
Rate(s) of Other Factors
$272,053,850 Real Rate of Return PUC Verified (Y/N)
Allowed through Decom (Y/N)
Corn Belt
$19,391,909 N
Plant name:
Arnold (Duane) Energy Center 50-331 RAI Needed (Y/N)
PUC Verified (Y/N)
$39,485,852 provided Docket Number:
Did the licensee identify the amount of estimated radiological funds? (Y/N)
The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c):
Escalation Rate Y
$553,314,520 The total amount of dollars accumulated at the end of the appropriate year: (see below)
Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Any contracts upon which the licensee is relying? (Y/N)
Total Trust Fund Balance Post-RAI Rates Determined (Y/N)
Schedule of the annual amounts remaining to be collected: (provided/none) 2 On April 7, 2010, NextaEra notified the NRC of its intent to terminate the existing $93 million Parent Company Guarantee 120 days after the NRC's receipt of the notice. Subsequently, the Parent Company Guarantee was terminated in August 2010; the NRC sent NextEra acknowlegement of the termination indication no objection to the termination of the Parent Company Guarantee.
1 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below)
Y2 N
Any material changes to trust agreements? (Y/N)
Datasheet 2 Signature: Jo Ann Simpson Date: 06/16/2011 Signature: Kosmas Lois Date: 6/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 2
BWR 1912
$121,208,000 111.3 2.08 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.307 0.22 12.54
% Owned:
Category 70.00%
2 20.00%
1 10.00%
1 2%
23.14 See Annuity Sheet See Annuity Sheet 2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Arnold (Duane) Energy Center Docket Number:
Date of Operation:
Latest Month Fx 50-331 21 31 Termination of Operations:
2034 1986$
Day Base Fx Plant name:
Latest Month Px Fx Site Specific:
$603,358,000 Total Step 2:
5 Years Left in License N/A Real Rate of Return per year Does Licensee Pass:
NO
$19,391,909 See Total Step 2
$440,971,952 Years remaining after annuity Amount of NRC Minimum/Site Specific:
BWR/PWR MWth NextEra CIPCO Corn Belt
$60,335,800
$120,671,600
$39,485,852
$213,176,089 Amount in Trust Fund:
Px Licensee:
$422,350,600 NRC Minimum:
$553,138,619 Total Fund Balance:
$272,053,850 Total Step 1 + Step 2
$440,971,952
$32,783,105 Total Earnings for Decom:
Decom Period:
Total Earnings:
Real Rate of Return per year Total Annuity:
Step 3:
$10,785,660 Total Earnings:
$430,186,292 Real Rate of Return per year Value of Annuity per year (amount/See Annuity Sheet)
Step 1:
Trust Fund Balance:
Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Earnings Credit:
Accumulation:
Step 2:
$272,053,850 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year
($129,602,944)
Shortfall:
NO Does Licensee Pass:
Does Licensee Pass:
NO
$473,755,056
Datasheet 2 Signature: Jo Ann Simpson Date: 06/16/2011 Signature: Kosmas Lois Date: 6/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 2
2010 Year:
Arnold (Duane) Energy Center Docket Number:
Date of Operation:
50-331 21 31 Termination of Operations:
2034 Day Plant name:
Owner NextEra 2.00%
CIPCO 4.00%
Corn Belt 3.00%
TOTAL:
See Annuity Sheet See Annuity Sheet 2.00%
7 Shortfall:
($79,294,454)
Real Rate of Return per year Years remaining after annuity
$14,429,662 Earnings Credit:
Step 4:
Number of Annual Payments:
Step 5:
If licensee is granted greater than 2% RRR Does Licensee Pass:
NO NO
$36,264,373 Total Step 5 Total of Steps 4 thru 6:
$524,063,546 Does Licensee Pass:
N/A 5
$487,799,173 See Total Step 4 Does Licensee Pass:
Real Rate of Return per year NO Total Step 4 + Step 5 Total Earnings for Decom:
Decom Period:
$487,799,173 Total Earnings:
Decom Period:
Step 6:
See Total Step 4 See Annuity Sheet Years Left in License Trust Fund Balance:
Total Earnings:
$213,176,089
$337,085,586
$39,485,852
$19,391,909 Real Rate of Return per year Accumulation:
Value of Annuity per year Total Annuity:
Total Annuity Real Rate of Return
$97,854,441
$38,429,485
$473,369,512 23.14
Datasheet 2 Signature: Jo Ann Simpson Date: 06/16/2011 Signature: Kosmas Lois Date: 6/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 2
21 2034 Year Annuity:
2011
$1,000,000 2%
$1,581,304 2012
$1,550,000 2%
$2,402,962 2013
$1,700,000 2%
$2,583,830 2014
$1,850,000 2%
$2,756,682 2015
$1,000,000 2%
$1,460,881 Total:
$10,785,660 ANNUITY Total Accumulation Termination of Operations:
RRR Combined Annuities for CIPCO and Corn Belt
Datasheet 2 Signature: Jo Ann Simpson Date: 06/16/2011 Signature: Kosmas Lois Date: 6/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 2
21 2034 ANNUITY Termination of Operations:
Year Annuity:
Year Annuity:
2011
$1,000,000 4.00%
$2,478,371 2012
$55,000 3.00%
$105,825 2012
$1,000,000 4.00%
$2,383,049 2013
$700,000 3.00%
$1,307,640 2013
$1,000,000 4.00%
$2,291,393 2014
$850,000 3.00%
$1,541,600 2014
$1,000,000 4.00%
$2,203,262 2015
$1,000,000 4.00%
$2,118,522 Total:
$11,474,596 Total:
$2,955,065 Total:
$14,429,662 RRR Total Accumulation Corn Belt (10% Ownership)
If licensee is granted greater than 2% RRR RRR Total Accumulation CIPCO (20% Ownership)
Signature: Jo Ann Simpson Date: 06/16/2011 Signature: Kosmas Lois Date: 6/23/2011 2
21 2034 2.00%
Plant Spent Fuel 2033
$337,085,586
$5,774,300 N/A 2.00%
$337,995,255 2034
$337,995,255
$32,356,100 N/A 2.00%
$312,075,499 2035
$312,075,499
$1,306,200 N/A 2.00%
$316,997,747 2036
$316,997,747
$1,306,200 N/A 2.00%
$322,018,440 2037
$322,018,440
$1,306,200 N/A 2.00%
$327,139,547 2038
$327,139,547
$1,306,200 N/A 2.00%
$332,363,075 2039
$332,363,075
$14,968,800 N/A 2.00%
$323,891,849 2040
$323,891,849
$1,162,700 N/A 2.00%
$329,195,359 2041
$329,195,359
$1,162,700 N/A 2.00%
$334,604,939 2042
$334,604,939
$1,162,700 N/A 2.00%
$340,122,711 2043
$340,122,711
$1,162,700 N/A 2.00%
$345,750,838 2044
$345,750,838
$1,162,700 N/A 2.00%
$351,491,528 2045
$351,491,528
$1,162,700 N/A 2.00%
$357,347,031 2046
$357,347,031
$1,162,700 N/A 2.00%
$363,319,645 2047
$363,319,645
$1,162,700 N/A 2.00%
$369,411,711 2048
$369,411,711
$1,162,700 N/A 2.00%
$375,625,618 2049
$375,625,618
$1,162,700 N/A 2.00%
$381,963,804 2050
$381,963,804
$1,162,700 N/A 2.00%
$388,428,753 2051
$388,428,753
$1,162,700 N/A 2.00%
$395,023,001 2052
$395,023,001
$1,162,700 N/A 2.00%
$401,749,134 2053
$401,749,134
$1,162,700 N/A 2.00%
$408,609,789 2054
$408,609,789
$1,162,700 N/A 2.00%
$415,607,658 2055
$415,607,658
$1,162,700 N/A 2.00%
$422,745,484 2056
$422,745,484
$1,162,700 N/A 2.00%
$430,026,067 2057
$430,026,067
$1,162,700 N/A 2.00%
$437,452,261 2058
$437,452,261
$1,162,700 N/A 2.00%
$445,026,980 2059
$445,026,980
$1,162,700 N/A 2.00%
$452,753,192 2060
$452,753,192
$1,162,700 N/A 2.00%
$460,633,929 2061
$460,633,929
$1,162,700 N/A 2.00%
$468,672,281 2062
$468,672,281
$1,162,700 N/A 2.00%
$476,871,399 2063
$476,871,399
$1,162,700 N/A 2.00%
$485,234,500 Real Rate of Return End of Year Trust Fund Balance SAFSTOR ANALYSIS End of Operations Balance:
$337,085,586 Operating Life Real Rate of Return:
Year Beginning Trust Fund Balance Contributions Expense Per Year Name of Unit:
Duane Arnold Energy Center Name of Licensee:
NextEra (70% Owner)
Date of Termination of Operations
Signature: Jo Ann Simpson Date: 06/16/2011 Signature: Kosmas Lois Date: 6/23/2011 2064
$485,234,500
$1,162,700 N/A 2.00%
$493,764,863 2065
$493,764,863
$1,162,700 N/A 2.00%
$502,465,833 2066
$502,465,833
$1,162,700 N/A 2.00%
$511,340,823 2067
$511,340,823
$1,260,700 N/A 2.00%
$520,294,333 2068
$520,294,333
$1,671,600 N/A 2.00%
$529,011,903 2069
$529,011,903
$1,671,600 N/A 2.00%
$537,903,825 2070
$537,903,825
$1,671,600 N/A 2.00%
$546,973,586 2071
$546,973,586
$1,671,600 N/A 2.00%
$556,224,742 2072
$556,224,742
$1,671,600 N/A 2.00%
$565,660,920 2073
$565,660,920
$1,671,600 N/A 2.00%
$575,285,823 2074
$575,285,823
$1,671,600 N/A 2.00%
$585,103,223 2075
$585,103,223
$1,671,600 N/A 2.00%
$595,116,972 2076
$595,116,972
$1,671,600 N/A 2.00%
$605,330,995 2077
$605,330,995
$1,671,600 N/A 2.00%
$615,749,299 2078
$615,749,299
$1,671,600 N/A 2.00%
$626,375,969 2079
$626,375,969
$1,671,600 N/A 2.00%
$637,215,172 2080
$637,215,172
$1,671,600 N/A 2.00%
$648,271,160 2081
$648,271,160
$1,671,600 N/A 2.00%
$659,548,267 2082
$659,548,267
$1,671,600 N/A 2.00%
$671,050,916 2083
$671,050,916
$1,671,600 N/A 2.00%
$682,783,619 2084
$682,783,619
$1,671,600 N/A 2.00%
$694,750,975 2085
$694,750,975
$1,671,600 N/A 2.00%
$706,957,679 2086
$706,957,679
$6,902,000 N/A 2.00%
$714,125,812 2087
$714,125,812
$10,611,300 N/A 2.00%
$717,690,915 2088
$717,690,915
$48,784,400 N/A 2.00%
$682,772,490 2089
$682,772,490
$61,925,500 N/A 2.00%
$633,883,184 2090
$633,883,184
$70,055,300 N/A 2.00%
$575,804,995 2091
$575,804,995
$53,553,500 N/A 2.00%
$533,232,060 2092
$533,232,060
$34,519,800 N/A 2.00%
$509,031,703 2093
$509,031,703
$8,298,500 N/A 2.00%
$510,830,852
Signature: Jo Ann Simpson Date: 06/16/2011 Signature: Kosmas Lois Date: 6/23/2011 2
21 2034 4.00%
Plant Spent Fuel 2033
$97,854,441
$1,649,800 N/A 4.00%
$100,085,823 2034
$100,085,823
$9,244,600 N/A 2.27%
$93,006,806 2035
$93,006,806
$373,200 N/A 2.00%
$94,490,010 2036
$94,490,010
$373,200 N/A 2.00%
$96,002,878 2037
$96,002,878
$373,200 N/A 2.00%
$97,546,004 2038
$97,546,004
$373,200 N/A 2.00%
$99,119,992 2039
$99,119,992
$4,276,800 N/A 2.00%
$96,782,824 2040
$96,782,824
$332,200 N/A 2.00%
$98,382,958 2041
$98,382,958
$332,200 N/A 2.00%
$100,015,096 2042
$100,015,096
$332,200 N/A 2.00%
$101,679,875 2043
$101,679,875
$332,200 N/A 2.00%
$103,377,951 2044
$103,377,951
$332,200 N/A 2.00%
$105,109,988 2045
$105,109,988
$332,200 N/A 2.00%
$106,876,666 2046
$106,876,666
$332,200 N/A 2.00%
$108,678,677 2047
$108,678,677
$332,200 N/A 2.00%
$110,516,729 2048
$110,516,729
$332,200 N/A 2.00%
$112,391,541 2049
$112,391,541
$332,200 N/A 2.00%
$114,303,850 2050
$114,303,850
$332,200 N/A 2.00%
$116,254,405 2051
$116,254,405
$332,200 N/A 2.00%
$118,243,971 2052
$118,243,971
$332,200 N/A 2.00%
$120,273,329 2053
$120,273,329
$332,200 N/A 2.00%
$122,343,273 2054
$122,343,273
$332,200 N/A 2.00%
$124,454,617 2055
$124,454,617
$332,200 N/A 2.00%
$126,608,187 2056
$126,608,187
$332,200 N/A 2.00%
$128,804,829 2057
$128,804,829
$332,200 N/A 2.00%
$131,045,403 2058
$131,045,403
$332,200 N/A 2.00%
$133,330,789 2059
$133,330,789
$332,200 N/A 2.00%
$135,661,883 2060
$135,661,883
$332,200 N/A 2.00%
$138,039,599 2061
$138,039,599
$332,200 N/A 2.00%
$140,464,869 2062
$140,464,869
$332,200 N/A 2.00%
$142,938,644 End of Year Trust Fund Balance SAFSTOR ANALYSIS Operating Life Real Rate of Return:
Year Beginning Trust Fund Balance Contributions Expense Per Year Real Rate of Return Name of Unit:
Duane Arnold Energy Center Name of Licensee:
CIPCO (20% Owner)
Date of Termination of Operations End of Operations Balance:
$97,854,441
Signature: Jo Ann Simpson Date: 06/16/2011 Signature: Kosmas Lois Date: 6/23/2011 2063
$142,938,644
$332,200 N/A 2.00%
$145,461,895 2064
$145,461,895
$332,200 N/A 2.00%
$148,035,611 2065
$148,035,611
$332,200 N/A 2.00%
$150,660,801 2066
$150,660,801
$332,200 N/A 2.00%
$153,338,495 2067
$153,338,495
$360,200 N/A 2.00%
$156,041,463 2068
$156,041,463
$477,600 N/A 2.00%
$158,679,916 2069
$158,679,916
$477,600 N/A 2.00%
$161,371,139 2070
$161,371,139
$477,600 N/A 2.00%
$164,116,185 2071
$164,116,185
$477,600 N/A 2.00%
$166,916,133 2072
$166,916,133
$477,600 N/A 2.00%
$169,772,080 2073
$169,772,080
$477,600 N/A 2.00%
$172,685,145 2074
$172,685,145
$477,600 N/A 2.00%
$175,656,472 2075
$175,656,472
$477,600 N/A 2.00%
$178,687,226 2076
$178,687,226
$477,600 N/A 2.00%
$181,778,594 2077
$181,778,594
$477,600 N/A 2.00%
$184,931,790 2078
$184,931,790
$477,600 N/A 2.00%
$188,148,050 2079
$188,148,050
$477,600 N/A 2.00%
$191,428,635 2080
$191,428,635
$477,600 N/A 2.00%
$194,774,832 2081
$194,774,832
$477,600 N/A 2.00%
$198,187,952 2082
$198,187,952
$477,600 N/A 2.00%
$201,669,335 2083
$201,669,335
$477,600 N/A 2.00%
$205,220,346 2084
$205,220,346
$477,600 N/A 2.00%
$208,842,377 2085
$208,842,377
$477,600 N/A 2.00%
$212,536,848 2086
$212,536,848
$1,972,000 N/A 2.00%
$214,795,865 2087
$214,795,865
$3,031,800 N/A 2.00%
$216,029,665 2088
$216,029,665
$13,938,400 N/A 2.00%
$206,272,474 2089
$206,272,474
$17,693,000 N/A 2.00%
$192,527,993 2090
$192,527,993
$20,015,800 N/A 2.00%
$176,162,595 2091
$176,162,595
$15,301,000 N/A 2.00%
$164,231,837 2092
$164,231,837
$9,862,800 N/A 2.00%
$157,555,046 2093
$157,555,046
$2,371,000 N/A 2.00%
$158,311,437
Signature: Jo Ann Simpson Date: 06/12/2011 Signature: Kosmas Lois Date: 6/23/2011 2
21 2034 3.00%
Plant Spent Fuel 2033
$38,429,485
$824,900 N/A 3.00%
$38,745,096 2034
$38,745,096
$4,622,300 N/A 2.13%
$34,897,974 2035
$34,897,974
$186,600 N/A 2.00%
$35,407,467 2036
$35,407,467
$186,600 N/A 2.00%
$35,927,151 2037
$35,927,151
$186,600 N/A 2.00%
$36,457,228 2038
$36,457,228
$186,600 N/A 2.00%
$36,997,906 2039
$36,997,906
$2,138,400 N/A 2.00%
$35,578,081 2040
$35,578,081
$166,100 N/A 2.00%
$36,121,881 2041
$36,121,881
$166,100 N/A 2.00%
$36,676,558 2042
$36,676,558
$166,100 N/A 2.00%
$37,242,328 2043
$37,242,328
$166,100 N/A 2.00%
$37,819,413 2044
$37,819,413
$166,100 N/A 2.00%
$38,408,041 2045
$38,408,041
$166,100 N/A 2.00%
$39,008,441 2046
$39,008,441
$166,100 N/A 2.00%
$39,620,848 2047
$39,620,848
$166,100 N/A 2.00%
$40,245,504 2048
$40,245,504
$166,100 N/A 2.00%
$40,882,653 2049
$40,882,653
$166,100 N/A 2.00%
$41,532,546 2050
$41,532,546
$166,100 N/A 2.00%
$42,195,435 2051
$42,195,435
$166,100 N/A 2.00%
$42,871,583 2052
$42,871,583
$166,100 N/A 2.00%
$43,561,254 2053
$43,561,254
$166,100 N/A 2.00%
$44,264,718 2054
$44,264,718
$166,100 N/A 2.00%
$44,982,251 2055
$44,982,251
$166,100 N/A 2.00%
$45,714,135 2056
$45,714,135
$166,100 N/A 2.00%
$46,460,657 2057
$46,460,657
$166,100 N/A 2.00%
$47,222,109 2058
$47,222,109
$166,100 N/A 2.00%
$47,998,790 2059
$47,998,790
$166,100 N/A 2.00%
$48,791,005 2060
$48,791,005
$166,100 N/A 2.00%
$49,599,064 2061
$49,599,064
$166,100 N/A 2.00%
$50,423,284 2062
$50,423,284
$166,100 N/A 2.00%
$51,263,989 2063
$51,263,989
$166,100 N/A 2.00%
$52,121,508 2064
$52,121,508
$166,100 N/A 2.00%
$52,996,177 Real Rate of Return End of Year Trust Fund Balance End of Operations Balance:
$38,429,485 Operating Life Real Rate of Return:
Year Beginning Trust Fund Balance Contributions Expense Per Year Date of Termination of Operations SAFSTOR ANALYSIS Name of Unit:
Duane Arnold Energy Center Name of Licensee:
Corn Belt (10% Owner)
Signature: Jo Ann Simpson Date: 06/12/2011 Signature: Kosmas Lois Date: 6/23/2011 2065
$52,996,177
$166,100 N/A 2.00%
$53,888,340 2066
$53,888,340
$166,100 N/A 2.00%
$54,798,345 2067
$54,798,345
$180,100 N/A 2.00%
$55,712,411 2068
$55,712,411
$238,800 N/A 2.00%
$56,585,472 2069
$56,585,472
$238,800 N/A 2.00%
$57,475,993 2070
$57,475,993
$238,800 N/A 2.00%
$58,384,325 2071
$58,384,325
$238,800 N/A 2.00%
$59,310,823 2072
$59,310,823
$238,800 N/A 2.00%
$60,255,852 2073
$60,255,852
$238,800 N/A 2.00%
$61,219,781 2074
$61,219,781
$238,800 N/A 2.00%
$62,202,988 2075
$62,202,988
$238,800 N/A 2.00%
$63,205,860 2076
$63,205,860
$238,800 N/A 2.00%
$64,228,789 2077
$64,228,789
$238,800 N/A 2.00%
$65,272,177 2078
$65,272,177
$238,800 N/A 2.00%
$66,336,433 2079
$66,336,433
$238,800 N/A 2.00%
$67,421,973 2080
$67,421,973
$238,800 N/A 2.00%
$68,529,225 2081
$68,529,225
$238,800 N/A 2.00%
$69,658,621 2082
$69,658,621
$238,800 N/A 2.00%
$70,810,606 2083
$70,810,606
$238,800 N/A 2.00%
$71,985,630 2084
$71,985,630
$238,800 N/A 2.00%
$73,184,155 2085
$73,184,155
$238,800 N/A 2.00%
$74,406,650 2086
$74,406,650
$986,000 N/A 2.00%
$74,898,923 2087
$74,898,923
$1,515,900 N/A 2.00%
$74,865,842 2088
$74,865,842
$6,969,200 N/A 2.00%
$69,324,267 2089
$69,324,267
$8,846,500 N/A 2.00%
$61,775,787 2090
$61,775,787
$10,007,900 N/A 2.00%
$52,903,324 2091
$52,903,324
$7,650,500 N/A 2.00%
$46,234,385 2092
$46,234,385
$4,931,400 N/A 2.00%
$42,178,359 2093
$42,178,359
$1,185,500 N/A 2.00%
$41,824,571