ML112351259
| ML112351259 | |
| Person / Time | |
|---|---|
| Site: | Catawba  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112351259 (5) | |
Text
Datasheet 1 Signature: Michael Purdie/JoAnn Simpson Date: 7/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
37.50%
1 30.754%
1 19.246%
1 12.50%
1 3
4 variable1 variable1 variable1 N
N Y
N Y
Y 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 1 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission North Carolina Electric Membership Corporation North Carolina Municipal Power Agency 1 Licensee:
$123,831,426 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)
N
$29,350,783 Post-RAI Rates Determined (Y/N)
Y
$466,987,774 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
$280,214,747 Real Rate of Return PUC Verified (Y/N)
$59,548,417 Total Trust Fund Balance Plant name:
Catawba Nuclear Station, Unit 2 50-414 RAI Needed (Y/N)
PUC Verified (Y/N)
$67,484,121 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 Allowed through Decom (Y/N)
Duke Energy Carolinas, LLC Piedmont Municipal Power Agency
Datasheet 2 Signature: Michael Purdie/JoAnn Simpson Date: 7/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 12 PWR 3411
$105,000,000 112.8 1.98 0.65 2.23 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28
% Owned:
Category 37.50%
1 30.75%
1 19.25%
1 12.50%
1 2%
32.93 See Annuity Sheet See Annuity Sheet 2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Catawba Nuclear Station, Unit 2 Docket Number:
Date of Operation:
Latest Month Fx
$743,485,851 Years remaining after annuity Px 50-414 5
31 Termination of Operations:
2043 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$175,067,957 NRC Minimum:
$466,847,886 Piedmont Municipal Power Agency Trust Fund Balance:
Step 1:
Fx Site Specific:
Total Step 2:
$58,355,986 Years Left in License N/A
$29,350,783 Real Rate of Return per year Does Licensee Pass:
YES
$59,548,417 See Total Step 2
$55,272,845 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 North Carolina Municipal Power Agency 1 North Carolina Electric Membership Corporation Duke Energy Carolinas, LLC
$89,849,544
$143,574,399 Total Annuity:
Step 3:
$67,484,121
$123,831,426 Amount in Trust Fund:
$205,607,530 Total Earnings:
$537,878,321 Real Rate of Return per year Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$280,214,747 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$280,214,747 Total Step 1 + Step 2
$743,485,851 NO Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
YES
$798,758,696
Datasheet 2 Signature: Michael Purdie/JoAnn Simpson Date: 7/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 12 2010 Year:
Catawba Nuclear Station, Unit 2 Docket Number:
Date of Operation:
50-414 5
31 Termination of Operations:
2043 Day Plant name:
2.00%
32.93 See Annuity Sheet See Annuity Sheet 2.00%
7 Earnings Credit:
Step 4:
Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$205,607,530 Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License YES
$55,272,845 Total Step 5 Total of Steps 4 thru 6:
$798,758,696 Does Licensee Pass:
Total Earnings:
N/A 0
$743,485,851 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$743,485,851 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
$280,214,747 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$537,878,321 YES If licensee is granted greater than 2% RRR
Datasheet 2 Signature: Michael Purdie/JoAnn Simpson Date: 7/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 12 5
2043 Year Annuity:
2011
$4,177,667 2%
$8,019,377 2012
$4,177,667 2%
$7,862,134 2013
$4,177,667 2%
$7,707,975 2014
$4,177,667 2%
$7,556,838 2015
$4,177,667 2%
$7,408,665 2016
$4,177,667 2%
$7,263,397 2017
$4,177,667 2%
$7,120,977 2018
$4,177,667 2%
$6,981,350 2019
$4,177,667 2%
$6,844,461 2020
$4,177,667 2%
$6,710,256 2021
$4,177,667 2%
$6,578,682 2022
$4,177,667 2%
$6,449,688 2023
$4,177,667 2%
$6,323,224 2024
$4,177,667 2%
$6,199,239 2025
$4,177,667 2%
$6,077,685 2026
$4,177,667 2%
$5,958,515 2027
$4,177,667 2%
$5,841,681 2028
$4,177,667 2%
$5,727,139 2029
$4,177,667 2%
$5,614,842 2030
$4,177,667 2%
$5,504,747 2031
$4,177,667 2%
$5,396,811 2032
$4,177,667 2%
$5,290,991 2033
$3,740,167 2%
$4,644,019 2034
$21,541,591 2%
$26,222,894 2035
$3,740,167 2%
$4,463,686 2036
$3,740,167 2%
$4,376,163 2037
$3,740,167 2%
$4,290,356 2038
$3,740,167 2%
$4,206,231 2039
$2,445,950 2%
$2,696,805 2040
$2,445,950 2%
$2,643,927 2041
$2,445,950 2%
$2,592,085 2042
$2,445,950 2%
$2,541,260 2043
$2,445,950 2%
$2,491,431 Total:
$205,607,530 Total Accumulation Termination of Operations:
Real Rate of Return:
ANNUITY
Datasheet 2 Signature: Michael Purdie/JoAnn Simpson Date: 7/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 12 5
2043 Termination of Operations:
ANNUITY Year Annuity:
2011
$4,177,667 0.00%
$4,177,667 2012
$4,177,667 0.00%
$4,177,667 2013
$4,177,667 0.00%
$4,177,667 2014
$4,177,667 0.00%
$4,177,667 2015
$4,177,667 0.00%
$4,177,667 2016
$4,177,667 0.00%
$4,177,667 2017
$4,177,667 0.00%
$4,177,667 2018
$4,177,667 0.00%
$4,177,667 2019
$4,177,667 0.00%
$4,177,667 2020
$4,177,667 0.00%
$4,177,667 2021
$4,177,667 0.00%
$4,177,667 2022
$4,177,667 0.00%
$4,177,667 2023
$4,177,667 0.00%
$4,177,667 2024
$4,177,667 0.00%
$4,177,667 2025
$4,177,667 0.00%
$4,177,667 2026
$4,177,667 0.00%
$4,177,667 2027
$4,177,667 0.00%
$4,177,667 2028
$4,177,667 0.00%
$4,177,667 2029
$4,177,667 0.00%
$4,177,667 2030
$4,177,667 0.00%
$4,177,667 2031
$4,177,667 0.00%
$4,177,667 2032
$4,177,667 0.00%
$4,177,667 2033
$3,740,167 0.00%
$3,740,167 2034
$21,541,591 0.00%
$21,541,591 2035
$3,740,167 0.00%
$3,740,167 2036
$3,740,167 0.00%
$3,740,167 2037
$3,740,167 0.00%
$3,740,167 2038
$3,740,167 0.00%
$3,740,167 2039
$2,445,950 0.00%
$2,445,950 2040
$2,445,950 0.00%
$2,445,950 2041
$2,445,950 0.00%
$2,445,950 2042
$2,445,950 0.00%
$2,445,950 2043
$2,445,950 0.00%
$2,445,950 Total:
$205,607,530 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation