ML112360130
| ML112360130 | |
| Person / Time | |
|---|---|
| Site: | Fermi  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112360130 (5) | |
Text
Datasheet 1 Signature: Michael Purdie and Jo Ann Simpson Date: 06/30/2011 Signature: Aaron L. Szabo Date: 7/27/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
100.00%
1 3
4 7.00%
6.00%
1.00%
N N
Y Y
N N
5 6
Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 Detroit Edison 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) 1 The amount of MFA estimated is based on a Bx value that uses Direct Disposal without the use of Vendors Licensee:
$874,000,000 Amount in Trust Fund:
N Any material changes to trust agreements? (Y/N)
N Post-RAI Rates Determined (Y/N)
Y1
$968,000,000 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
$874,000,000 Real Rate of Return PUC Verified (Y/N)
Total Trust Fund Balance Plant name:
Fermi (Enrico) Atomic Power Plant, Unit 2 50-341 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):
Escalation Rate Allowed through Decom (Y/N)
Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 06/30/2011 Signature: Aaron L. Szabo Date: 7/27/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 3
BWR 3430
$135,000,000 111.3 2.08 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.307 0.22 24.356
% Owned:
Category 100.00%
1 2%
14.22 See Annuity Sheet See Annuity Sheet 2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Fermi (Enrico) Atomic Power Plant, Unit 2 Docket Number:
Date of Operation:
Latest Month Fx
$1,644,600,240 Years remaining after annuity Px 50-341 20 31 Termination of Operations:
2025 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$967,014,283 NRC Minimum:
$967,014,283 Trust Fund Balance:
Step 1:
Fx Site Specific:
Total Step 2:
15 Years Left in License N/A Real Rate of Return per year Does Licensee Pass:
YES See Total Step 2
$122,264,242 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 Detroit Edison Total Annuity:
Step 3:
$874,000,000 Amount in Trust Fund:
$486,343,871 Total Earnings:
$1,158,256,369 Real Rate of Return per year Total of Steps 1 thru 3:
see annuity sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$874,000,000 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$874,000,000 Total Step 1 + Step 2
$1,644,600,240 NO Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
YES
$1,766,864,483
Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 06/30/2011 Signature: Aaron L. Szabo Date: 7/27/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 3
2010 Year:
Fermi (Enrico) Atomic Power Plant, Unit 2 Docket Number:
Date of Operation:
50-341 20 31 Termination of Operations:
2025 Day Plant name:
2.00%
14.22 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
$486,343,871 Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License YES
$122,264,242 Total Step 5 Total of Steps 4 thru 6:
$1,766,864,483 Does Licensee Pass:
Total Earnings:
N/A 15
$1,644,600,240 see annuity sheet See Total Step 4 Decom Period:
Step 6:
$1,644,600,240 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
$874,000,000 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$1,158,256,369 YES If licensee is granted greater than 2% RRR
Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 06/30/2011 Signature: Aaron L. Szabo Date: 7/27/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 3
20 2025 Year Annuity:
2011
$28,000,000 2%
$37,107,786 2012
$28,000,000 2%
$36,380,182 2013
$28,000,000 2%
$35,666,845 2014
$28,000,000 2%
$34,967,495 2015
$28,000,000 2%
$34,281,858 2016
$28,000,000 2%
$33,609,665 2017
$28,000,000 2%
$32,950,652 2018
$28,000,000 2%
$32,304,561 2019
$28,000,000 2%
$31,671,138 2020
$28,000,000 2%
$31,050,135 2021
$28,000,000 2%
$30,441,309 2022
$28,000,000 2%
$29,844,421 2023
$28,000,000 2%
$29,259,236 2024
$28,000,000 2%
$28,685,525 2025
$28,000,000 2%
$28,123,064 Total:
$486,343,871 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 06/30/2011 Signature: Aaron L. Szabo Date: 7/27/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 3
20 2025 ANNUITY Termination of Operations:
Year Annuity:
2009
$0 2.00%
$0 2010
$0 2.00%
$0 2011
$28,000,000 2.00%
$37,107,786 2012
$28,000,000 2.00%
$36,380,182 2013
$28,000,000 2.00%
$35,666,845 2014
$28,000,000 2.00%
$34,967,495 2015
$28,000,000 2.00%
$34,281,858 2016
$28,000,000 2.00%
$33,609,665 2017
$28,000,000 2.00%
$32,950,652 2018
$28,000,000 2.00%
$32,304,561 2019
$28,000,000 2.00%
$31,671,138 2020
$28,000,000 2.00%
$31,050,135 2021
$28,000,000 2.00%
$30,441,309 2022
$28,000,000 2.00%
$29,844,421 2023
$28,000,000 2.00%
$29,259,236 2024
$28,000,000 2.00%
$28,685,525 2025
$28,000,000 2.00%
$28,123,064 Total:
$486,343,871 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation