ML112370157
| ML112370157 | |
| Person / Time | |
|---|---|
| Site: | Oconee  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112370157 (5) | |
Text
Datasheet 1 Plant name: Oconee Nuclear Station, Unit 1 Docket Number: 50-269 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $434,069,139 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:
Duke Energy Carolinas, LLC 100.00% 1 $206,636,293 Total Trust Fund Balance $206,636,293 3 Schedule of the annual amounts remaining to be collected: (provided/none) Provided 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Post-RAI Rate of Rate(s) of PUC RAI PUC Allowed Rates Real Rate Allowed through Decom Return on Escalation Rate Other Verified Needed Verified through Determined of Return (Y/N)
Earnings Factors (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) variable1 4.00% variable1 N N Y N Y Y 5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 7 Any material changes to trust agreements? (Y/N) N If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below) 1 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission Signature: Michael Purdie and JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/18/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Oconee Nuclear Station, Unit 1 Docket Number: 50-269 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 2 6 2033 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 2568 $97,598,400 112.8 1.98 0.65 2.23 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28 NRC Minimum: $433,939,112 Site Specific:
Amount of NRC Minimum/Site Licensee: % Owned: Category Specific: Amount in Trust Fund:
Duke Energy Carolinas, LLC 100.00% 1 $433,939,112 $206,636,293 Total Fund Balance: $206,636,293 Step 1:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$206,636,293 2% 22.10 $320,077,164 NO Step 2:
Accumulation:
Value of Annuity per year Real Rate of Return Number of Annual (amount/See Annuity Sheet) per year Payments: Total Annuity:
See Annuity Sheet See Annuity Sheet See Total Step 2 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 2:
See Total Step 2 See Annuity Sheet N/A $138,870,360 Total Step 1 + Step 2 Does Licensee Pass:
$458,947,524 YES Step 3:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$458,947,524 2% 7 $34,119,459 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:
$493,066,983 YES NO Signature: Michael Purdie and JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/18/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Oconee Nuclear Station, Unit 1 Docket Number: 50-269 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 2 6 2033 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:
$206,636,293 2.00% 22.10 $320,077,164 NO Step 5:
Accumulation:
Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:
See Annuity Sheet See Annuity Sheet 0 See Total Step 4 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5 See Total Step 4 See Annuity Sheet N/A $138,870,360 Total Step 4 + Step 5 Does Licensee Pass:
$458,947,524 YES Step 6:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$458,947,524 2.00% 7 $34,119,459 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:
$493,066,983 YES NO Signature: Michael Purdie and JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/18/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 ANNUITY Termination of Operations: 2 6 2033 Real Rate Total Year Annuity: of Return: Accumulation 2011 $5,862,557 2% $9,081,319 2012 $5,862,557 2% $8,903,253 2013 $5,862,557 2% $8,728,680 2014 $5,862,557 2% $8,557,529 2015 $5,862,557 2% $8,389,735 2016 $5,862,557 2% $8,225,230 2017 $5,862,557 2% $8,063,951 2018 $5,862,557 2% $7,905,834 2019 $5,862,557 2% $7,750,818 2020 $5,862,557 2% $7,598,841 2021 $5,862,557 2% $7,449,844 2022 $5,862,557 2% $7,303,769 2023 $5,862,557 2% $7,160,558 2024 $5,862,557 2% $7,020,155 2025 $5,862,557 2% $6,882,505 2026 $5,862,557 2% $6,747,553 2027 $5,862,557 2% $6,615,248 2028 $5,862,557 2% $6,485,538 Total: $138,870,360 Signature: Michael Purdie and JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/18/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 ANNUITY Termination of Operations: 2 6 2033 If licensee is granted greater than 2% RRR Real Rate Total Year Annuity: of Return: Accumulation 2011 $5,862,557 2.00% $9,081,319 2012 $5,862,557 2.00% $8,903,253 2013 $5,862,557 2.00% $8,728,680 2014 $5,862,557 2.00% $8,557,529 2015 $5,862,557 2.00% $8,389,735 2016 $5,862,557 2.00% $8,225,230 2017 $5,862,557 2.00% $8,063,951 2018 $5,862,557 2.00% $7,905,834 2019 $5,862,557 2.00% $7,750,818 2020 $5,862,557 2.00% $7,598,841 2021 $5,862,557 2.00% $7,449,844 2022 $5,862,557 2.00% $7,303,769 2023 $5,862,557 2.00% $7,160,558 2024 $5,862,557 2.00% $7,020,155 2025 $5,862,557 2.00% $6,882,505 2026 $5,862,557 2.00% $6,747,553 2027 $5,862,557 2.00% $6,615,248 2028 $5,862,557 2.00% $6,485,538 Total: $138,870,360 Signature: Michael Purdie and JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/18/2011 Formulas verified by: Clayton Pittiglio