ML112371761
| ML112371761 | |
| 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: ML112371761 (5) | |
Text
Datasheet 1 Signature: Michael Purdie and JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned: Category:
100.00%
1 3
4 variable1 4.00%
variable1 N
N Y
N Y
Y 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 1 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission Allowed through Decom (Y/N)
Total Trust Fund Balance Post-RAI Rates Determined (Y/N)
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)
N N
Plant name:
Oconee Nuclear Station, Unit 3 50-287 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 Y
$434,069,139 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
$295,473,953 Real Rate of Return PUC Verified (Y/N)
Duke Energy Carolinas, LLC Licensee:
$295,473,953 Amount in Trust Fund:
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 7
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
% Owned:
Category 100.00%
1 2%
23.55 See Annuity Sheet See Annuity Sheet 2%
7
$729,189,311 NO Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
YES Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$295,473,953 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$295,473,953 Total Step 1 + Step 2
$678,730,558
$50,458,753 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 Duke Energy Carolinas, LLC Total Annuity:
Step 3:
$295,473,953 Amount in Trust Fund:
$207,691,224 Total Earnings:
$471,039,334 Real Rate of Return per year Fx Site Specific:
Total Step 2:
Years Left in License N/A Real Rate of Return per year Does Licensee Pass:
YES See Total Step 2
$678,730,558 Years remaining after annuity Px 50-287 19 31 Termination of Operations:
2034 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$433,939,112 NRC Minimum:
$433,939,112 Trust Fund Balance:
Step 1:
Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Oconee Nuclear Station, Unit 3 Docket Number:
Date of Operation:
Latest Month Fx
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 7
50-287 19 31 Termination of Operations:
2034 Day Plant name:
2010 Year:
Oconee Nuclear Station, Unit 3 Docket Number:
Date of Operation:
2.00%
23.55 See Annuity Sheet See Annuity Sheet 2.00%
7 Real Rate of Return per year Accumulation:
Value of Annuity per year
$295,473,953 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$471,039,334 YES If licensee is granted greater than 2% RRR YES
$50,458,753 Total Step 5 Total of Steps 4 thru 6:
$729,189,311 Does Licensee Pass:
Total Earnings:
N/A 0
$678,730,558 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$678,730,558 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:
Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$207,691,224 Earnings Credit:
Step 4:
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 7
19 2034 Year Annuity:
2011
$8,146,345 2%
$12,987,170 2012
$8,146,345 2%
$12,732,519 2013
$8,146,345 2%
$12,482,862 2014
$8,146,345 2%
$12,238,100 2015
$8,146,345 2%
$11,998,137 2016
$8,146,345 2%
$11,762,880 2017
$8,146,345 2%
$11,532,235 2018
$8,146,345 2%
$11,306,113 2019
$8,146,345 2%
$11,084,424 2020
$8,146,345 2%
$10,867,083 2021
$8,146,345 2%
$10,654,003 2022
$8,146,345 2%
$10,445,101 2023
$8,146,345 2%
$10,240,295 2024
$8,146,345 2%
$10,039,505 2025
$8,146,345 2%
$9,842,652 2026
$8,146,345 2%
$9,649,658 2027
$8,146,345 2%
$9,460,449 2028
$8,146,345 2%
$9,274,950 2029
$8,146,345 2%
$9,093,089 Total:
$207,691,224 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 7
19 2034 ANNUITY Termination of Operations:
Year Annuity:
2011
$8,146,345 2.00%
$12,987,170 2012
$8,146,345 2.00%
$12,732,519 2013
$8,146,345 2.00%
$12,482,862 2014
$8,146,345 2.00%
$12,238,100 2015
$8,146,345 2.00%
$11,998,137 2016
$8,146,345 2.00%
$11,762,880 2017
$8,146,345 2.00%
$11,532,235 2018
$8,146,345 2.00%
$11,306,113 2019
$8,146,345 2.00%
$11,084,424 2020
$8,146,345 2.00%
$10,867,083 2021
$8,146,345 2.00%
$10,654,003 2022
$8,146,345 2.00%
$10,445,101 2023
$8,146,345 2.00%
$10,240,295 2024
$8,146,345 2.00%
$10,039,505 2025
$8,146,345 2.00%
$9,842,652 2026
$8,146,345 2.00%
$9,649,658 2027
$8,146,345 2.00%
$9,460,449 2028
$8,146,345 2.00%
$9,274,950 2029
$8,146,345 2.00%
$9,093,089 Total:
$207,691,224 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation