ML112351099
| ML112351099 | |
| Person / Time | |
|---|---|
| Site: | Beaver Valley |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112351099 (4) | |
Text
Datasheet 1 Plant name: Beaver Valley Power Station, Unit 2 Docket Number: 50-412 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $461,458,231 Did the licensee identify the amount of estimated radiological funds? (Y/N) Y 2 The total amount of dollars accumulated at the end of the appropriate year: (see below)
Licensee: % Owned: Category: Amount in Trust Fund:
Ohio Edison Company 21.66% 2 $67,479,779 The Toledo Edison 18.26% 2 $75,781,593 Company First Energy Nuclear 60.08% 2 $140,473,405 Generation Corp.
Total Trust Fund Balance $283,734,777 3 Schedule of the annual amounts remaining to be collected: (provided/none) None 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Post-RAI Rate of Rate(s) of PUC Allowed RAI PUC Allowed Rates Escalation Real Rate Return on Other Verified through Needed Verified through Determined Rate of Return Earnings Factors (Y/N) Decom (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) 2.00% N Y N Y Y 5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 7 Any material changes to trust agreements? (Y/N) N If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below)
Signature: Kosmas Lois Date: 07/13/2011 Secondary Signature: Jo Ann Simpson Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 07/13/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Beaver Valley Power Station, Unit 2 Docket Number: 50-412 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 5 27 2047 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 2900 $100,520,000 113.6 2.16 0.65 2.45 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28 NRC Minimum: $461,324,311 Site Specific:
Amount of NRC Minimum/Site Licensee: % Owned: Category Specific: Amount in Trust Fund:
Ohio Edison Company 21.66% 2 $99,922,846 $67,479,779 The Toledo Edison Company 18.26% 2 $84,237,819 $75,781,593 First Energy Nuclear Generation Corp. 60.08% 2 $277,163,646 $140,473,405 Total Fund Balance: $283,734,777 Step 1:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$283,734,777 2% 36.41 $583,455,731 YES Step 2:
Accumulation:
Value of Annuity per year (amount/See Real Rate of Return Number of Annual Annuity Sheet) per year Payments: Total Annuity:
2% $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 2:
$0 2% 36.41 $0 Total Step 1 + Step 2 Does Licensee Pass:
$583,455,731 YES Step 3:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$583,455,731 2% 7 $43,375,752 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:
$626,831,483 YES NO Signature: Kosmas Lois Date: 07/13/2011 Secondary Signature: Jo Ann Simpson Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 07/13/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Beaver Valley Power Station, Unit 2 Docket Number: 50-412 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 5 27 2047 If licensee is granted greater than 2% RRR Step 4:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$283,734,777 2.00% 36.41 $583,455,731 YES Step 5:
Accumulation:
Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:
$0 2.00% 0 $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5
$0 2.00% 36.41 $0 Total Step 4 + Step 5 Does Licensee Pass:
$583,455,731 YES Step 6:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$583,455,731 2.00% 7 $43,375,752 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:
$626,831,483 YES NO Signature: Kosmas Lois Date: 07/13/2011 Secondary Signature: Jo Ann Simpson Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 07/13/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 ANNUITY Termination of Operations: 5 27 2047 Real Rate Total Year Annuity: of Return: Accumulation 2009 $0 2% $0 2010 $0 2% $0 2011 $0 2% $0 2012 $0 2% $0 2013 $0 2% $0 2014 $0 2% $0 2015 $0 2% $0 2016 $0 2% $0 2017 $0 2% $0 2018 $0 2% $0 2019 $0 2% $0 2020 $0 2% $0 2021 $0 2% $0 2022 $0 2% $0 2023 $0 2% $0 2024 $0 2% $0 2025 $0 2% $0 2026 $0 2% $0 2027 $0 2% $0 2028 $0 2% $0 2029 $0 2% $0 2030 $0 2% $0 Total: $0 Signature: Kosmas Lois Date: 07/13/2011 Secondary Signature: Jo Ann Simpson Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 07/13/2011 Formulas verified by: Clayton Pittiglio