ML112370149
| ML112370149 | |
| Person / Time | |
|---|---|
| Site: | Millstone  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112370149 (3) | |
Text
Datasheet 1 Plant name: Millstone Nuclear Power Station, Unit 3 Docket Number: 50-423 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $482,000,000 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:
Dominion Nuclear Connecticut 93.4707% 1 $374,500,000 Central Vermont PSC 1.7303% 1 $5,700,000 Massachusetts Municipal WEC 4.7990% 1 $19,300,000 Total Trust Fund Balance $399,500,000 3 Schedule of the annual amounts remaining to be collected: (provided/none) None 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Post-RAI Rate of PUC RAI PUC Allowed Rates Rate(s) of Real Rate Allowed through Decom Return on Escalation Rate Verified Needed Verified through Determined Other Factors of Return (Y/N)
Earnings (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) 2.00% N Y Y N Y N 5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 7 Any material changes to trust agreements? (Y/N) N If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below)
Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois Spreadsheet created by: Aaron Szabo, Shawn Harwell 7/20/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Millstone Nuclear Power Station, Unit 3 Docket Number: 50-423 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 11 25 2045 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 3411 $105,000,000 113.6 2.16 0.65 2.45 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28 NRC Minimum: $481,884,726 Site Specific:
Amount of NRC Minimum/Site Licensee: % Owned: Category Specific: Amount in Trust Fund:
Dominion Nuclear Connecticut 93.47% 1 $450,421,027 $374,500,000 Central Vermont PSC 1.73% 1 $8,338,051 $5,700,000 Massachusetts Municipal WEC 4.80% 1 $23,125,648 $19,300,000 Total Fund Balance: $399,500,000 Step 1:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$399,500,000 2% 34.90 $797,378,904 YES Step 2:
Accumulation:
Value of Annuity per year (amount/See Real Rate of Return Number of Annual Annuity 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% 34.90 $0 Total Step 1 + Step 2 Does Licensee Pass:
$797,378,904 YES Step 3:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$797,378,904 2% 7 $59,279,407 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:
$856,658,312 YES NO Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois Spreadsheet created by: Aaron Szabo, Shawn Harwell 7/20/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Millstone Nuclear Power Station, Unit 3 Docket Number: 50-423 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 11 25 2045 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:
$374,500,000 2.00% 34.90 $747,480,350 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% 34.90 $0 Total Step 4 + Step 5 Does Licensee Pass:
$747,480,350 YES Step 6:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$747,480,350 2.00% 7 $55,569,807 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:
$803,050,157 YES NO Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois Spreadsheet created by: Aaron Szabo, Shawn Harwell 7/20/2011 Formulas verified by: Clayton Pittiglio