ML112371832
| ML112371832 | |
| Person / Time | |
|---|---|
| Site: | Salem  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112371832 (5) | |
Text
Datasheet 1 Signature: Shawn Harwell Date: 8/5/2011 Signature: Aaron L. Szabo Date: 8/16/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
42.59%
1 57.41%
1 3
4 variable2 variable2 Y
N N
5 6
Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 1 Licensee calculated MFA higher than NRC calculations. Justification, including factors used, were provided to NRC for review. No further review required.
Total Trust Fund Balance 3 EGC-financial assurance provided by external sinking fund method coupled with an external trust fund; PSEG - prepayment method. No further review required.
PSEG Exelon Generation Company, LLC 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 provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission Amount in Trust Fund:
N Any material changes to trust agreements? (Y/N)
Y3 Post-RAI Rates Determined (Y/N)
$155,915,933 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
$409,630,000 Real Rate of Return PUC Verified (Y/N)
Licensee:
$157,676,000 Plant name:
Salem Nuclear Generating Station, Unit 1 50-272 RAI Needed (Y/N)
PUC Verified (Y/N)
$251,954,000 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):1 Escalation Rate Allowed through Decom (Y/N)
Y
Datasheet 2 Signature: Shawn Harwell Date: 8/5/2011 Signature: Aaron L. Szabo Date: 8/16/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 8
PWR 3459
$105,000,000 113.6 2.16 0.65 2.45 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28
% Owned:
Category 42.59%
1 57.41%
1 2%
5.62 See Annuity Sheet See Annuity Sheet 2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Salem Nuclear Generating Station, Unit 1 Docket Number:
Date of Operation:
Latest Month Fx 50-272 13 31 Termination of Operations:
2016 1986$
Day Base Fx Plant name:
Px Latest Month Px Amount of NRC Minimum/Site Specific:
Step 3:
$26,013,511 Does Licensee Pass:
NO See Total Step 2
$483,841,083 Years remaining after annuity Value of Annuity per year (amount/See Annuity Sheet)
Trust Fund Balance:
Step 1:
Total Earnings:
Total Fund Balance:
See Total Step 2 Total Annuity Real Rate of Return per year Total Step 2:
0
$519,811,200 BWR/PWR MWth Exelon Generation Company, LLC PSEG
$276,650,021 Total Annuity:
$251,954,000
$157,676,000 Amount in Trust Fund:
Total Earnings:
$457,827,572 Real Rate of Return per year Fx Site Specific:
Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$409,630,000 Licensee:
$205,234,705 NRC Minimum:
$481,884,726
$409,630,000 Total Step 1 + Step 2
$483,841,083 Years Left in License N/A Real Rate of Return per year Real Rate of Return per year Total of Steps 1 thru 3:
see annuity sheet Decom Period:
NO Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
YES
$35,970,117 Total Earnings for Decom:
Decom Period:
Datasheet 2 Signature: Shawn Harwell Date: 8/5/2011 Signature: Aaron L. Szabo Date: 8/16/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 8
2010 Year:
Salem Nuclear Generating Station, Unit 1 Docket Number:
Date of Operation:
50-272 13 31 Termination of Operations:
2016 Day Plant name:
3.00%
5.62 2.00%
See Annuity Sheet See Annuity Sheet 2.00%
7 Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return Total Earnings:
Shortfall:
NO Real Rate of Return per year If licensee is granted greater than 2% RRR Years remaining after annuity Total Step 4 + Step 5 Total Earnings for Decom:
Decom Period:
$467,755,116 YES
$36,778,625 Total Step 5 Total of Steps 4 thru 6:
$531,495,097 Does Licensee Pass:
Total Earnings:
N/A 0
$494,716,473 see annuity sheet See Total Step 4 Decom Period:
Step 6:
$494,716,473 See Total Step 4 Does Licensee Pass:
Real Rate of Return per year
$26,961,357 NO YES Earnings Credit:
Step 4:
Licensee:
Exelon Generation Co PSEG
$251,954,000 Real Rate of Return per year Accumulation:
Value of Annuity per year
$157,676,000
Datasheet 2 Signature: Shawn Harwell Date: 8/5/2011 Signature: Aaron L. Szabo Date: 8/16/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 8
13 2016 Year Annuity:
2011
$4,841,000 2%
$5,410,769 2012
$4,841,000 2%
$5,304,676 2013
$4,841,000 2%
$5,200,663 2014
$4,841,000 2%
$5,098,689 2015
$4,841,000 2%
$4,998,714 2016 2%
$0 Total:
$26,013,511 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Shawn Harwell Date: 8/5/2011 Signature: Aaron L. Szabo Date: 8/16/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 8
13 2016 ANNUITY Termination of Operations:
Year Annuity:
2011
$4,841,000 3.00%
$5,715,665 2012
$4,841,000 3.00%
$5,549,190 2013
$4,841,000 3.00%
$5,387,563 2014
$4,841,000 3.00%
$5,230,644 2015
$4,841,000 3.00%
$5,078,295 2016
$0 3.00%
$0 Total:
$26,961,357 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation