ML112351245

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2010 DFS Report Analysis for Byron Station, Unit 2
ML112351245
Person / Time
Site: Byron Constellation 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: ML112351245 (5)


Text

Datasheet 1 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1

2

% Owned:

Category:

100.00%

2 3

4 2.00%

5 6

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

Byron Station, Unit 2 50-455 RAI Needed (Y/N)

PUC Verified (Y/N) none 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):1 Escalation Rate Allowed through Decom (Y/N) 2 Removed Parent Company Guarantee. Financial assurance is provided by a prepayment method, coupled with an external trust fund. No further review required.

Y

$477,516,000 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

$244,915,000 Real Rate of Return PUC Verified (Y/N) 1 Licensee calculated MFA higher than NRC calculations. Justification, including factors used, were provided to NRC for review. No further review required.

Exelon Generation Company, LLC Licensee:

$244,915,000 Amount in Trust Fund:

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

Y2 Post-RAI Rates Determined (Y/N)

Total Trust Fund Balance

Datasheet 2 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 11 PWR 3586

$105,000,000 111.3 2.08 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28

% Owned:

Category 100.00%

2 2%

15.85 2%

2%

2%

7

$360,126,674

($296,421,326)

Shortfall:

NO Does Licensee Pass:

Does Licensee Pass:

NO Total of Steps 1 thru 3:

Number of Annual Payments:

Accumulation:

Step 2:

Earnings Credit:

$244,915,000 Decom Period:

$0 Total Annuity Real Rate of Return per year Total Fund Balance:

$244,915,000 Total Step 1 + Step 2

$335,206,475

$24,920,199 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 Exelon Generation Company, LLC Total Annuity:

Step 3:

$244,915,000 Amount in Trust Fund:

$0 Total Earnings:

$335,206,475 Real Rate of Return per year Fx Site Specific:

$656,548,000 Total Step 2:

Years Left in License 15.85 Real Rate of Return per year Does Licensee Pass:

NO

$0

$335,206,475 Years remaining after annuity Px 50-455 6

31 Termination of Operations:

2026 1986$

Day Base Fx Plant name:

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

Licensee:

$656,548,000 NRC Minimum:

$472,417,086 Trust Fund Balance:

Step 1:

Bx Ex Lx ECI Base Lx Base Px 2010 Year:

Byron Station, Unit 2 Docket Number:

Date of Operation:

Latest Month Fx

Datasheet 2 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 11 50-455 6

31 Termination of Operations:

2026 Day Plant name:

2010 Year:

Byron Station, Unit 2 Docket Number:

Date of Operation:

2.00%

15.85 2.00%

2.00%

2.00%

7 Real Rate of Return per year Accumulation:

Value of Annuity per year

$244,915,000 Total Annuity:

Number of Annual Payments:

Step 5:

Real Rate of Return per year Total Earnings:

$335,206,475 NO If licensee is granted greater than 2% RRR NO

$24,920,199 Total Step 5 Total of Steps 4 thru 6:

$360,126,674 Does Licensee Pass:

Total Earnings:

15.85 0

$335,206,475

$0

$0 Decom Period:

Step 6:

$335,206,475

$0 Does Licensee Pass:

Real Rate of Return per year NO Total Step 4 + Step 5 Total Earnings for Decom:

Decom Period:

Total Annuity Does Licensee Pass:

Trust Fund Balance:

Years Left in License Shortfall:

($296,421,326)

Real Rate of Return per year Years remaining after annuity

$0 Earnings Credit:

Step 4:

Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 11 6

2026 2.00%

2.00%

Cost in 2010 dollars Spent Fuel 2026

$334,176,580

$7,778,000 N/A 2.00%

$333,004,332 2027

$333,004,332

$57,569,000 N/A 2.00%

$281,519,729 2028

$281,519,729

$34,472,000 N/A 2.00%

$252,333,403 2029

$252,333,403

$3,682,000 N/A 2.00%

$253,661,251 2030

$253,661,251

$3,682,000 N/A 2.00%

$255,015,656 2031

$255,015,656

$3,682,000 N/A 2.00%

$256,397,149 2032

$256,397,149

$3,686,000 N/A 2.00%

$257,802,232 2033

$257,802,232

$3,673,000 N/A 2.00%

$259,248,547 2034

$259,248,547

$3,673,000 N/A 2.00%

$260,723,788 2035

$260,723,788

$3,673,000 N/A 2.00%

$262,228,534 2036

$262,228,534

$3,683,000 N/A 2.00%

$263,753,274 2037

$263,753,274

$3,673,000 N/A 2.00%

$265,318,610 2038

$265,318,610

$3,673,000 N/A 2.00%

$266,915,252 2039

$266,915,252

$3,673,000 N/A 2.00%

$268,543,827 2040

$268,543,827

$3,683,000 N/A 2.00%

$270,194,874 2041

$270,194,874

$3,673,000 N/A 2.00%

$271,889,041 2042

$271,889,041

$3,673,000 N/A 2.00%

$273,617,092 2043

$273,617,092

$3,660,000 N/A 2.00%

$275,392,834 2044

$275,392,834

$3,670,000 N/A 2.00%

$277,193,990 2045

$277,193,990

$3,660,000 N/A 2.00%

$279,041,270 2046

$279,041,270

$3,660,000 N/A 2.00%

$280,925,496 2047

$280,925,496

$3,660,000 N/A 2.00%

$282,847,406 2048

$282,847,406

$3,670,000 N/A 2.00%

$284,797,654 2049

$284,797,654

$3,660,000 N/A 2.00%

$286,797,007 2050

$286,797,007

$3,660,000 N/A 2.00%

$288,836,347 2051

$288,836,347

$3,660,000 N/A 2.00%

$290,916,474 2052

$290,916,474

$3,670,000 N/A 2.00%

$293,028,103 2053

$293,028,103

$3,660,000 N/A 2.00%

$295,192,065 2054

$295,192,065

$3,660,000 N/A 2.00%

$297,399,307 2055

$297,399,307

$3,660,000 N/A 2.00%

$299,650,693 2056

$299,650,693

$3,670,000 N/A 2.00%

$301,937,007 2057

$301,937,007

$3,660,000 N/A 2.00%

$304,279,147 2058

$304,279,147

$3,660,000 N/A 2.00%

$306,668,130 2059

$306,668,130

$3,660,000 N/A 2.00%

$309,104,892 2060

$309,104,892

$3,670,000 N/A 2.00%

$311,580,290 2061

$311,580,290

$3,660,000 N/A 2.00%

$314,115,296 2062

$314,115,296

$3,660,000 N/A 2.00%

$316,701,002 Real Rate of Return End of Year Trust Fund Balance End of Operations Balance:

$335,206,475 Operating Life Real Rate of Return:

Decommissioning Real Rate of Return:

Year Beginning Trust Fund Balance Expense Per Year Date of Termination of Operations SAFSTOR ANALYSIS Name of Unit:

Byron, Unit 2 Name of Licensee:

EGC

Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 2063

$316,701,002

$3,660,000 N/A 2.00%

$319,338,422 2064

$319,338,422

$3,670,000 N/A 2.00%

$322,018,490 2065

$322,018,490

$3,660,000 N/A 2.00%

$324,762,260 2066

$324,762,260

$3,660,000 N/A 2.00%

$327,560,905 2067

$327,560,905

$3,660,000 N/A 2.00%

$330,415,523 2068

$330,415,523

$3,670,000 N/A 2.00%

$333,317,134 2069

$333,317,134

$3,660,000 N/A 2.00%

$336,286,877 2070

$336,286,877

$3,660,000 N/A 2.00%

$339,316,014 2071

$339,316,014

$3,660,000 N/A 2.00%

$342,405,734 2072

$342,405,734

$3,670,000 N/A 2.00%

$345,547,149 2073

$345,547,149

$3,660,000 N/A 2.00%

$348,761,492 2074

$348,761,492

$3,660,000 N/A 2.00%

$352,040,122 2075

$352,040,122

$3,660,000 N/A 2.00%

$355,384,324 2076

$355,384,324

$3,670,000 N/A 2.00%

$358,785,311 2077

$358,785,311

$3,660,000 N/A 2.00%

$362,264,417 2078

$362,264,417

$13,930,000 N/A 2.00%

$355,440,405 2079

$355,440,405

$36,308,000 N/A 2.00%

$325,878,134 2080

$325,878,134

$95,253,000 N/A 2.00%

$236,190,166 2081

$236,190,166

$79,191,000 N/A 2.00%

$160,931,060 2082

$160,931,060

$61,556,000 N/A 2.00%

$101,978,121 2083

$101,978,121

$61,556,000 N/A 2.00%

$41,846,123 2084

$41,846,123

$29,171,000 N/A 2.00%

$13,220,336 2085

$13,220,336

$38,000 N/A 2.00%

$13,446,362 2086

$13,446,362

$38,000 N/A 2.00%

$13,676,910 2087

$13,676,910

$12,000 N/A 2.00%

$13,938,328