ML112351286

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2010 DFS Report Analysis for Davis-Besse Nuclear Power Station
ML112351286
Person / Time
Site: Davis Besse Cleveland Electric 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: ML112351286 (4)


Text

Datasheet 1 Plant name: Davis-Besse Nuclear Power Station Docket Number: 50-346 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $449,152,990 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:

FENGenCo 100.00% 2 $429,418,057 Total Trust Fund Balance $429,418,057 3 Schedule of the annual amounts remaining to be collected: (provided/none) None 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) 2.00% N Y N 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: Kosmas Lois Date: 07/08/2011 Secondary Signature: Jo Ann Simpson Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 07/13/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Davis-Besse Nuclear Power Station Docket Number: 50-346 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 4 22 2017 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 2817 $99,789,600 111.3 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 NRC Minimum: $448,974,400 Site Specific:

Amount of NRC Minimum/Site Licensee:  % Owned: Category Specific: Amount in Trust Fund:

FENGenCo 100.00% 2 $448,974,400 $429,418,057 Total Fund Balance: $429,418,057 Step 1:

Earnings Credit:

Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:

$429,418,057 2% 6.31 $486,559,546 YES Step 2:

Accumulation:

Value of Annuity per year (amount/See Annuity Real Rate of Return Number of Annual Sheet) per year Payments: Total Annuity:

2% $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 2:

$0 2% 6.31 $0 Total Step 1 + Step 2 Does Licensee Pass:

$486,559,546 YES Step 3:

Decom Period:

Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:

$486,559,546 2% 7 $36,172,216 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:

$522,731,762 YES NO Signature: Kosmas Lois Date: 07/08/2011 Secondary Signature: Jo Ann Simpson Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 07/13/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Davis-Besse Nuclear Power Station Docket Number: 50-346 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 4 22 2017 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:

$429,418,057 2.00% 6.31 $486,559,546 YES Step 5:

Accumulation:

Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:

$0 2.00% 0 $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5

$0 2.00% 6.31 $0 Total Step 4 + Step 5 Does Licensee Pass:

$486,559,546 YES Step 6:

Decom Period:

Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:

$486,559,546 2.00% 7 $36,172,216 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:

$522,731,762 YES NO Signature: Kosmas Lois Date: 07/08/2011 Secondary Signature: Jo Ann Simpson Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 07/13/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 ANNUITY Termination of Operations: 4 22 2017 Real Rate Total Year Annuity: of Return: Accumulation 2009 $0 2% $0 2010 $0 2% $0 2011 $0 2% $0 2012 $0 2% $0 2013 $0 2% $0 2014 $0 2% $0 2015 $0 2% $0 2016 $0 2% $0 2017 $0 2% $0 Total: $0 Signature: Kosmas Lois Date: 07/08/2011 Secondary Signature: Jo Ann Simpson Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 07/13/2011 Formulas verified by: Clayton Pittiglio