ML112351230
| ML112351230 | |
| Person / Time | |
|---|---|
| Site: | Browns Ferry  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112351230 (5) | |
Text
Datasheet 1 Plant name: Brown's Ferry Nuclear Power Station, Unit 2 Docket Number: 50-260 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $609,100,000 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:
TVA 100.00% 1 $157,714,181 Total Trust Fund Balance $157,714,181 3 Schedule of the annual amounts remaining to be collected: (provided/none) provided 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Post-RAI Rate of Rate(s) of PUC RAI PUC Allowed Rates Escalation Real Rate Allowed through Decom Return on Other Verified Needed Verified through Determined Rate of Return (Y/N)
Earnings Factors (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) 9.00% 4.00% 5.00% N Y Y Y Y Y 5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 7 Any material changes to trust agreements? (Y/N) N If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below)
Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/6/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Brown's Ferry Nuclear Power Station, Unit 2 Docket Number: 50-260 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 6 28 2034 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx 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 NRC Minimum: $608,918,683 Site Specific:
Amount of NRC Minimum/Site Licensee: % Owned: Category Specific: Amount in Trust Fund:
TVA 100.00% 1 $608,918,683 $157,714,181 Total Fund Balance: $157,714,181 Step 1:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$157,714,181 2% 23.49 $251,133,179 NO Step 2:
Accumulation:
Value of Annuity per year (amount/See Annuity Real Rate of Return Number of Annual Sheet) per year Payments: Total Annuity:
See Annuity Sheet See Annuity Sheet See Total Step 2 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 2:
See Total Step 2 See Annuity Sheet N/A $6,144,109 Total Step 1 + Step 2 Does Licensee Pass:
$257,277,289 NO Step 3:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$257,277,289 2% 7 $19,126,723 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:
$276,404,012 NO ($332,514,672)
Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/6/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Brown's Ferry Nuclear Power Station, Unit 2 Docket Number: 50-260 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 6 28 2034 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:
$157,714,181 5.00% 23.49 $496,186,695 NO Step 5:
Accumulation:
Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:
See Annuity Sheet See Annuity Sheet 0 See Total Step 4 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5 See Total Step 4 See Annuity Sheet N/A $9,117,250 Total Step 4 + Step 5 Does Licensee Pass:
$505,303,945 NO Step 6:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$505,303,945 5.00% 7 $102,854,725 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:
$608,158,670 NO ($760,014)
Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/6/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 ANNUITY Termination of Operations: 6 28 2034 Real Rate Total Year Annuity: of Return: Accumulation 2011 $200,000 2% $318,476 2012 $200,000 2% $312,232 2013 $200,000 2% $306,109 2014 $200,000 2% $300,107 2015 $200,000 2% $294,223 2016 $200,000 2% $288,454 2017 $200,000 2% $282,798 2018 $200,000 2% $277,253 2019 $200,000 2% $271,816 2020 $200,000 2% $266,487 2021 $200,000 2% $261,261 2022 $200,000 2% $256,139 2023 $200,000 2% $251,116 2024 $200,000 2% $246,193 2025 $200,000 2% $241,365 2026 $200,000 2% $236,633 2027 $200,000 2% $231,993 2028 $200,000 2% $227,444 2029 $200,000 2% $222,984 2030 $200,000 2% $218,612 2031 $200,000 2% $214,325 2032 $200,000 2% $210,123 2033 $200,000 2% $206,003 2034 $200,000 2% $201,964 Total: $6,144,109 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/6/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 ANNUITY Termination of Operations: 6 28 2034 If licensee is granted greater than 2% RRR Real Rate Total Year Annuity: of Return: Accumulation 2011 $200,000 5.00% $629,272 2012 $200,000 5.00% $599,306 2013 $200,000 5.00% $570,768 2014 $200,000 5.00% $543,589 2015 $200,000 5.00% $517,703 2016 $200,000 5.00% $493,051 2017 $200,000 5.00% $469,572 2018 $200,000 5.00% $447,212 2019 $200,000 5.00% $425,916 2020 $200,000 5.00% $405,634 2021 $200,000 5.00% $386,318 2022 $200,000 5.00% $367,922 2023 $200,000 5.00% $350,402 2024 $200,000 5.00% $333,716 2025 $200,000 5.00% $317,825 2026 $200,000 5.00% $302,690 2027 $200,000 5.00% $288,277 2028 $200,000 5.00% $274,549 2029 $200,000 5.00% $261,475 2030 $200,000 5.00% $249,024 2031 $200,000 5.00% $237,166 2032 $200,000 5.00% $225,872 2033 $200,000 5.00% $215,116 2034 $200,000 5.00% $204,873 Total: $9,117,250 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/6/2011 Formulas verified by: Clayton Pittiglio