ML112351225

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2010 DFS Report Analysis for Browns Ferry Nuclear Power Station, Unit 1
ML112351225
Person / Time
Site: Browns Ferry Tennessee Valley Authority icon.png
Issue date: 11/14/2011
From: Szabo A
Division of Inspection and Regional Support
To:
Szabo, A L, NRR/DPR, 415-1985
References
Download: ML112351225 (5)


Text

Datasheet 1 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/6/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1

2

% Owned: Category:

100.00%

1 3

4 9.00%

4.00%

5.00%

N Y

Y Y

Y Y

5 6

Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 TVA Licensee:

$164,952,588 Amount in Trust Fund:

N Y

$609,100,000 The total amount of dollars accumulated at the end of the appropriate year: (see below)

N 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)

Schedule of the annual amounts remaining to be collected: (provided/none)

Rate of Return on Earnings Allowed through Decom (Y/N)

Rate(s) of Other Factors

$164,952,588 Real Rate of Return PUC Verified (Y/N)

Any material changes to trust agreements? (Y/N)

Plant name:

Brown's Ferry Nuclear Power Station, Unit 1 50-259 RAI Needed (Y/N)

PUC Verified (Y/N) 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):

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)

Escalation Rate N

Allowed through Decom (Y/N)

Total Trust Fund Balance Post-RAI Rates Determined (Y/N)

Datasheet 2 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/6/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 12 BWR 3458

$135,000,000 112.8 1.98 0.65 2.23 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.307 0.22 12.54

% Owned:

Category 100.00%

1 2%

22.97 See Annuity Sheet See Annuity Sheet 2%

7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:

Brown's Ferry Nuclear Power Station, Unit 1 Docket Number:

Date of Operation:

Latest Month Fx

$364,502,591 Years remaining after annuity Px 50-259 20 31 Termination of Operations:

2033 1986$

Day Base Fx Plant name:

Value of Annuity per year (amount/See Annuity Sheet)

Licensee:

$608,918,683 NRC Minimum:

$608,918,683 Trust Fund Balance:

Step 1:

Fx Site Specific:

Total Step 2:

Years Left in License N/A Real Rate of Return per year Does Licensee Pass:

NO See Total Step 2

$27,098,156 Total Earnings for Decom:

Decom Period:

Total Earnings:

Real Rate of Return per year Latest Month Px Amount of NRC Minimum/Site Specific:

BWR/PWR MWth TVA Total Annuity:

Step 3:

$164,952,588 Amount in Trust Fund:

$104,544,164 Total Earnings:

$259,958,427 Real Rate of Return per year Total of Steps 1 thru 3:

see annuity sheet Number of Annual Payments:

Accumulation:

Step 2:

Earnings Credit:

$164,952,588 Decom Period:

See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:

$164,952,588 Total Step 1 + Step 2

$364,502,591

($217,317,936)

Shortfall:

NO Does Licensee Pass:

Does Licensee Pass:

NO

$391,600,747

Datasheet 2 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/6/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 12 2010 Year:

Brown's Ferry Nuclear Power Station, Unit 1 Docket Number:

Date of Operation:

50-259 20 31 Termination of Operations:

2033 Day Plant name:

5.00%

22.97 See Annuity Sheet See Annuity Sheet 5.00%

7 Earnings Credit:

Step 4:

Shortfall:

NO Real Rate of Return per year Years remaining after annuity

$159,067,133 Total Annuity Does Licensee Pass:

Trust Fund Balance:

Years Left in License YES

$135,356,513 Total Step 5 Total of Steps 4 thru 6:

$800,335,005 Does Licensee Pass:

Total Earnings:

N/A 0

$664,978,493 see annuity sheet See Total Step 4 Decom Period:

Step 6:

$664,978,493 See Total Step 4 Does Licensee Pass:

Real Rate of Return per year YES Total Step 4 + Step 5 Total Earnings for Decom:

Decom Period:

Real Rate of Return per year Accumulation:

Value of Annuity per year

$164,952,588 Total Annuity:

Number of Annual Payments:

Step 5:

Real Rate of Return per year Total Earnings:

$505,911,359 NO If licensee is granted greater than 2% RRR

Datasheet 2 Signature : Kosmas Lois Date: 7/6/2011 Secondary Signature: Jo Ann Simpson Date: 07/13/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1

29 2036 Year Annuity:

2011

$3,100,000 2%

$5,093,887 2012

$3,100,000 2%

$4,994,007 2013

$3,100,000 2%

$4,896,085 2014

$3,100,000 2%

$4,800,083 2015

$3,100,000 2%

$4,705,964 2016

$3,100,000 2%

$4,613,690 2017

$3,100,000 2%

$4,523,226 2018

$3,100,000 2%

$4,434,535 2019

$3,100,000 2%

$4,347,583 2020

$3,100,000 2%

$4,262,337 2021

$3,100,000 2%

$4,178,761 2022

$3,100,000 2%

$4,096,825 2023

$3,100,000 2%

$4,016,495 2024

$3,100,000 2%

$3,937,740 2025

$3,100,000 2%

$3,860,530 2026

$3,100,000 2%

$3,784,833 2027

$3,100,000 2%

$3,710,621 2028

$3,100,000 2%

$3,637,863 2029

$3,100,000 2%

$3,566,533 2030

$3,100,000 2%

$3,496,601 2031

$3,100,000 2%

$3,428,040 2032

$3,100,000 2%

$3,360,823 2033

$3,100,000 2%

$3,294,925 2034

$3,100,000 2%

$3,230,318 2035

$3,100,000 2%

$3,166,979 2036

$3,100,000 2%

$3,104,881 Total:

$104,544,164 ANNUITY Termination of Operations:

Real Rate of Return:

Total Accumulation

Datasheet 2 Signature : Kosmas Lois Date: 7/6/2011 Secondary Signature: Jo Ann Simpson Date: 07/13/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1

29 2036 ANNUITY Termination of Operations:

Year Annuity:

2011

$3,100,000 5.00%

$10,538,473 2012

$3,100,000 5.00%

$10,036,641 2013

$3,100,000 5.00%

$9,558,706 2014

$3,100,000 5.00%

$9,103,530 2015

$3,100,000 5.00%

$8,670,028 2016

$3,100,000 5.00%

$8,257,170 2017

$3,100,000 5.00%

$7,863,971 2018

$3,100,000 5.00%

$7,489,496 2019

$3,100,000 5.00%

$7,132,854 2020

$3,100,000 5.00%

$6,793,194 2021

$3,100,000 5.00%

$6,469,708 2022

$3,100,000 5.00%

$6,161,627 2023

$3,100,000 5.00%

$5,868,216 2024

$3,100,000 5.00%

$5,588,777 2025

$3,100,000 5.00%

$5,322,645 2026

$3,100,000 5.00%

$5,069,186 2027

$3,100,000 5.00%

$4,827,796 2028

$3,100,000 5.00%

$4,597,901 2029

$3,100,000 5.00%

$4,378,953 2030

$3,100,000 5.00%

$4,170,432 2031

$3,100,000 5.00%

$3,971,840 2032

$3,100,000 5.00%

$3,782,705 2033

$3,100,000 5.00%

$3,602,576 2034

$3,100,000 5.00%

$3,431,025 2035

$3,100,000 5.00%

$3,267,642 2036

$3,100,000 5.00%

$3,112,040 Total:

$159,067,133 Real Rate of Return:

Total Accumulation If licensee is granted greater than 2% RRR