ML112370018
| ML112370018 | |
| 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: ML112370018 (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 0.00%
variable1 N
N Y
N N
N2 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 Plant name:
Hatch (Edwin I.) Nuclear Plant, Unit 2 50-366 RAI Needed (Y/N)
PUC Verified (Y/N)
$72,299,087 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 Allowed through Decom (Y/N)
Municipal Eletric Authority Dalton Utilities Y
$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
$362,020,147 Real Rate of Return PUC Verified (Y/N)
$78,406,134 Total Trust Fund Balance Licensee:
$194,346,000 Amount in Trust Fund:
Y4 Any material changes to trust agreements? (Y/N)
N
$16,968,926 Post-RAI Rates Determined (Y/N) 4 Oglethorpe Power Corporation executed a revised Trust Agreement in August 2010, which was provided to the NRC in March 2010 (ML101090080).
3 Municipal Electric Authority is relying upon a PPA, which was included in Attachments 2 & 3 of the DFS report.
1 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission (See "Notes" for additional comments).
Oglethorpe Power Corporation Georgia Power Company 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) 2 Rates for Oglethorpe could not be determined based upon submitted information.
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 6
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%
27.45 2%
2%
2%
7
$669,817,111 NO Does Licensee Pass:
$46,350,290 Total Earnings for Decom:
Decom Period:
YES Value of Annuity per year (amount/See Annuity Sheet)
YES Total Step 2:
Total of Steps 1 thru 3:
Shortfall:
YES Does Licensee Pass:
Decom Period:
$0 Total Annuity Total Fund Balance:
$362,020,147
$12,828,422 Years Left in License 27.45
$16,968,926
$623,466,821 Amount of NRC Minimum/Site Specific:
$103,210,485
$174,933,026 Total Annuity:
$72,299,087
$194,346,000 Amount in Trust Fund:
$0 Total Earnings:
$623,466,821 Number of Annual Payments:
Georgia Power Company Oglethorpe Power Corporation Municipal Eletric Authority Step 3:
Real Rate of Return per year Real Rate of Return per year Accumulation:
Step 2:
Earnings Credit:
$362,020,147 Real Rate of Return per year Day Base Fx Plant name:
$78,406,134
$0
$623,466,821 Years remaining after annuity Total Step 1 + Step 2 Licensee:
$292,138,153 NRC Minimum:
$583,110,087 Dalton Utilities Trust Fund Balance:
Step 1:
Does Licensee Pass:
Site Specific:
Total Earnings:
Real Rate of Return per year Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Hatch (Edwin I.) Nuclear Plant, Unit 2 Docket Number:
Date of Operation:
Latest Month Fx Latest Month Px BWR/PWR MWth Fx Px 50-366 13 31 Termination of Operations:
2038 1986$
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 6
Day Plant name:
2010 Year:
Hatch (Edwin I.) Nuclear Plant, Unit 2 Docket Number:
Date of Operation:
50-366 13 31 Termination of Operations:
2038 Owner Georgia Power Company 2.00%
27.45 Oglethorpe Power Corporation 2.00%
27.45 Municipal Electric Authority 2.00%
27.45 Dalton Utilities 2.00%
27.45 Total:
0.00%
0.00%
2.00%
7 Shortfall:
$124,512,633
$135,030,118
$29,223,684
$623,466,821 Real Rate of Return per year Accumulation:
Real Rate of Return per year NO Real Rate of Return per year Number of Annual Payments:
Step 5:
If licensee is granted greater than 2% RRR Years Left in License Trust Fund Balance:
Total Earnings:
YES
$46,350,290 Total Step 5 Total of Steps 4 thru 6:
$669,817,111 Does Licensee Pass:
Total Earnings:
27.45 0
$623,466,821
$0
$0 Decom Period:
Step 6:
YES Total Step 4 + Step 5 Total Earnings for Decom:
Decom Period:
$623,466,821
$0 Does Licensee Pass:
$0 Years remaining after annuity Total Annuity
$194,346,000
$334,700,385 YES
$72,299,087
$78,406,134
$16,968,926 Value of Annuity per year Total Annuity:
Does Licensee Pass:
Step 4:
Real Rate of Return Earnings Credit: