ML112370016
| ML112370016 | |
| Person / Time | |
|---|---|
| Site: | Hatch  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112370016 (3) | |
Text
Datasheet 1 Signature: Michael Purdie and JoAnn Simpson Date: 07/18/2011 Secondary Review: Kosmas Lois 8/10/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned: Category:
50.10%
1 30.00%
1 17.70%
1 2.20%
1 3
4 variable1 variable1 variable1 N
N Y
N N
N2 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 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)
Y4 3 Municipal Electric Authority is relying upon a PPA, which was included in Attachments 2 & 3 of the DFS report.
2 Rates for Oglethorpe could not be determined based upon submitted information.
4 Oglethorpe Power Corporation executed a revised Trust Agreement in August 2010, which was provided to the NRC in March 2010 (ML101090080).
1 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission.
Plant name:
Hatch (Edwin I.) Nuclear Plant, Unit 1 50-321 RAI Needed (Y/N)
PUC Verified (Y/N)
$91,962,848 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):
Escalation Rate Municipal Electric Authority Georgia Power Company
$573,705,000 The total amount of dollars accumulated at the end of the appropriate year: (see below)
Y3 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
$398,911,474 Real Rate of Return Oglethorpe Power Corporation PUC Verified (Y/N)
Allowed through Decom (Y/N)
Dalton Utilities Licensee:
$209,570,000 N
Y Total Trust Fund Balance
$17,405,531 Post-RAI Rates Determined (Y/N)
Amount in Trust Fund:
$79,973,095
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 07/18/2011 Secondary Review: Kosmas Lois 8/10/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 8
BWR 2804
$129,236,000 112.8 1.98 0.65 2.23 1.675 191.3 114.2 3.074 252.1 82.0 0.13 2.319 0.22 12.54
% Owned:
Category 50.10%
1 30.00%
1 17.70%
1 2.20%
1 2%
23.60 2%
2%
2%
7
$683,860,886 NO Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
YES Decom Period:
Total of Steps 1 thru 3:
Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$398,911,474 Decom Period:
$0 Total Annuity Real Rate of Return per year Total Fund Balance:
$398,911,474 Total Step 1 + Step 2
$636,538,789
$47,322,097 Total Earnings for Decom:
Total Earnings:
Real Rate of Return per year Latest Month Px Amount of NRC Minimum/Site Specific:
BWR/PWR MWth Georgia Power Company Oglethorpe Power Corporation Municipal Electric Authority
$103,210,485
$174,933,026 Total Annuity:
Step 3:
$91,962,848
$209,570,000 Amount in Trust Fund:
$0 Total Earnings:
$636,538,789 Real Rate of Return per year Fx Site Specific:
Total Step 2:
$12,828,422 Years Left in License 23.60
$17,405,531 Real Rate of Return per year Does Licensee Pass:
YES
$79,973,095
$0
$636,538,789 Years remaining after annuity Px 50-321 6
31 Termination of Operations:
2034 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$292,138,153 NRC Minimum:
$583,110,087 Dalton Utilities Trust Fund Balance:
Step 1:
Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Hatch (Edwin I.) Nuclear Plant, Unit 1 Docket Number:
Date of Operation:
Latest Month Fx
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 07/18/2011 Secondary Review: Kosmas Lois 8/10/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 8
50-321 6
31 Termination of Operations:
2034 Day Plant name:
2010 Year:
Hatch (Edwin I.) Nuclear Plant, Unit 1 Docket Number:
Date of Operation:
Owner Georgia Power Company 2.00%
23.60 Oglethorpe Power Corporation 2.00%
23.60 Municipal Electric Authority 2.00%
23.60 Dalton Utilities 2.00%
23.60 Total:
0.00%
0.00%
2.00%
7 Real Rate of Return per year Accumulation:
Value of Annuity per year Total Annuity:
Number of Annual Payments:
Step 5:
If licensee is granted greater than 2% RRR Years Left in License Trust Fund Balance:
Total Earnings:
$146,744,137
$127,612,216
$27,773,820
$636,538,789 Does Licensee Pass:
$209,570,000
$334,408,616 YES
$91,962,848
$79,973,095
$17,405,531 YES
$47,322,097 Total Step 5 Total of Steps 4 thru 6:
$683,860,887 Does Licensee Pass:
Total Earnings:
23.60 0
$636,538,789
$0
$0 Decom Period:
Step 6:
$636,538,789
$0 Does Licensee Pass:
Real Rate of Return per year YES Total Step 4 + Step 5 Total Earnings for Decom:
Decom Period:
Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$0 Total Annuity Real Rate of Return Earnings Credit:
Step 4: