ML112351273
| ML112351273 | |
| Person / Time | |
|---|---|
| Site: | Cook  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112351273 (5) | |
Text
Datasheet 1 Signature: Kosmas Lois Date: 6-15-2011 Signature: Jo Ann Simpson Date: 6/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
100.00%
1 3
4 2.00%
N Y
Y N
Y N
5 6
Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 Allowed through Decom (Y/N)
Total Trust Fund Balance Post-RAI Rates Determined (Y/N)
Any material changes to trust agreements? (Y/N)
Plant name:
Cook (Donald C.) Nuclear Power Plant, Unit 2 50-316 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
N Y
$472,556,974 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
$361,895,591 Real Rate of Return PUC Verified (Y/N)
Indiana Michigan Power Co Licensee:
$361,895,591 Amount in Trust Fund:
Datasheet 2 Signature: Kosmas Lois Date: 6-15-2011 Signature: Jo Ann Simpson Date: 6/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 12 PWR 3468
$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%
1 2%
26.98 See Annuity Sheet See Annuity Sheet 2%
7
$835,305,502 NO Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
YES Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$361,895,591 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$361,895,591 Total Step 1 + Step 2
$777,503,675
$57,801,827 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 Indiana Michigan Power Co Total Annuity:
Step 3:
$361,895,591 Amount in Trust Fund:
$160,057,034 Total Earnings:
$617,446,642 Real Rate of Return per year Fx Site Specific:
Total Step 2:
Years Left in License N/A Real Rate of Return per year Does Licensee Pass:
YES See Total Step 2
$777,503,675 Years remaining after annuity Px 50-316 23 31 Termination of Operations:
2037 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$472,417,086 NRC Minimum:
$472,417,086 Trust Fund Balance:
Step 1:
Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Cook (Donald C.) Nuclear Power Plant, Unit 2 Docket Number:
Date of Operation:
Latest Month Fx
Datasheet 2 Signature: Kosmas Lois Date: 6-15-2011 Signature: Jo Ann Simpson Date: 6/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 12 50-316 23 31 Termination of Operations:
2037 Day Plant name:
2010 Year:
Cook (Donald C.) Nuclear Power Plant, Unit 2 Docket Number:
Date of Operation:
2.00%
26.98 See Annuity Sheet See Annuity Sheet 2.00%
7 Real Rate of Return per year Accumulation:
Value of Annuity per year
$361,895,591 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$617,446,642 YES If licensee is granted greater than 2% RRR YES
$57,801,827 Total Step 5 Total of Steps 4 thru 6:
$835,305,502 Does Licensee Pass:
Total Earnings:
N/A 0
$777,503,675 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$777,503,675 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:
Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$160,057,034 Earnings Credit:
Step 4:
Datasheet 2 Signature: Kosmas Lois Date: 6-15-2011 Signature: Jo Ann Simpson Date: 6/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 12 23 2037 Year Annuity:
2011
$4,441,500 2%
$7,578,086 2012
$4,441,500 2%
$7,429,496 2013
$4,441,500 2%
$7,283,820 2014
$4,441,500 2%
$7,141,000 2015
$4,441,500 2%
$7,000,980 2016
$4,441,500 2%
$6,863,706 2017
$4,441,500 2%
$6,729,124 2018
$4,441,500 2%
$6,597,180 2019
$4,441,500 2%
$6,467,824 2020
$4,441,500 2%
$6,341,004 2021
$4,441,500 2%
$6,216,670 2022
$4,441,500 2%
$6,094,775 2023
$4,441,500 2%
$5,975,269 2024
$4,441,500 2%
$5,858,107 2025
$4,441,500 2%
$5,743,242 2026
$4,441,500 2%
$5,630,630 2027
$4,441,500 2%
$5,520,225 2028
$4,441,500 2%
$5,411,986 2029
$4,441,500 2%
$5,305,868 2030
$4,441,500 2%
$5,201,832 2031
$4,441,500 2%
$5,099,835 2032
$4,441,500 2%
$4,999,838 2033
$4,441,500 2%
$4,901,802 2034
$4,441,500 2%
$4,805,688 2035
$4,441,500 2%
$4,711,459 2036
$4,441,500 2%
$4,619,078 2037
$4,441,500 2%
$4,528,507 Total:
$160,057,034 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Kosmas Lois Date: 6-15-2011 Signature: Jo Ann Simpson Date: 6/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 12 23 2037 ANNUITY Termination of Operations:
Year Annuity:
2011
$4,441,500 2.00%
$7,578,086 2012
$4,441,500 2.00%
$7,429,496 2013
$4,441,500 2.00%
$7,283,820 2014
$4,441,500 2.00%
$7,141,000 2015
$4,441,500 2.00%
$7,000,980 2016
$4,441,500 2.00%
$6,863,706 2017
$4,441,500 2.00%
$6,729,124 2018
$4,441,500 2.00%
$6,597,180 2019
$4,441,500 2.00%
$6,467,824 2020
$4,441,500 2.00%
$6,341,004 2021
$4,441,500 2.00%
$6,216,670 2022
$4,441,500 2.00%
$6,094,775 2023
$4,441,500 2.00%
$5,975,269 2024
$4,441,500 2.00%
$5,858,107 2025
$4,441,500 2.00%
$5,743,242 2026
$4,441,500 2.00%
$5,630,630 2027
$4,441,500 2.00%
$5,520,225 2028
$4,441,500 2.00%
$5,411,986 2029
$4,441,500 2.00%
$5,305,868 2030
$4,441,500 2.00%
$5,201,832 2031
$4,441,500 2.00%
$5,099,835 2032
$4,441,500 2.00%
$4,999,838 2033
$4,441,500 2.00%
$4,901,802 2034
$4,441,500 2.00%
$4,805,688 2035
$4,441,500 2.00%
$4,711,459 2036
$4,441,500 2.00%
$4,619,078 2037
$4,441,500 2.00%
$4,528,507 Total:
$160,057,034 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation