ML112371893
| ML112371893 | |
| Person / Time | |
|---|---|
| Site: | San Onofre  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112371893 (5) | |
Text
Datasheet 1 Plant name: San Onofre Nuclear Generating Station, Unit 2 Docket Number: 50-361 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $470,900,000 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:
Southern California Edison 76.30% 1 $1,054,000,000 San Diego Gas & Electric 20.00% 1 $278,600,000 City of Anaheim 1.91% 1 $56,600,000 City of Riverside 1.79% 1 $31,600,000 Total Trust Fund Balance $1,420,800,000 3 Schedule of the annual amounts remaining to be collected: (provided/none) Provided 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Post-RAI Rate of Rate(s) of PUC RAI PUC Allowed Rates Real Rate Allowed through Decom Return on Escalation Rate 1 Other Verified Needed Verified through Determined of Return (Y/N)
Earnings1 Factors (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) 4.38% 2.78% 1.60% N N Y Y N N 5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 7 Any material changes to trust agreements? (Y/N) N If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below) 1 Used composite escalation and rate of return on earnings to calculate real rate of return.
Signature: Michael Purdie and JoAnn Simpson Date: 06/29/2011 Secondary Review: Kosmas Lois Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/7/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: San Onofre Nuclear Generating Station, Unit 2 Docket Number: 50-361 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 2 16 2022 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 3438 $105,000,000 112.5 2.06 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28 NRC Minimum: $472,584,981 Site Specific: $1,148,800,000 Amount of NRC Minimum/Site Licensee: % Owned: Category Specific: Amount in Trust Fund:
Southern California Edison 76.30% 1 $876,534,400 $1,054,000,000 San Diego Gas & Electric 20.00% 1 $229,760,000 $278,600,000 City of Anaheim 1.91% 1 $21,942,080 $56,600,000 City of Riverside 1.79% 1 $20,563,520 $31,600,000 Total Fund Balance: $1,420,800,000 Step 1:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$1,420,800,000 2.00% 11.13 $1,770,984,532 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:
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 $59,986,433 Total Step 1 + Step 2 Does Licensee Pass:
$1,830,970,965 YES Step 3:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$1,830,970,965 2% 7 $136,119,570 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:
$1,967,090,535 YES NO Signature: Michael Purdie and JoAnn Simpson Date: 06/29/2011 Secondary Review:
Kosmas Lois Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/7/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: San Onofre Nuclear Generating Station, Unit 2 Docket Number: 50-361 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 2 16 2022 If licensee is granted greater than 2% RRR Step 4:
Earnings Credit:
Real Rate Years Licensee Trust Fund Balance: of Return Left in Total Earnings: Does Licensee Pass:
Southern California Edison $1,054,000,000 2.00% 11.13 $1,313,779,347 YES San Diego Gas & Electric $278,600,000 2.00% 11.13 $347,266,533 City of Anaheim $56,600,000 2.00% 11.13 $70,550,200 City of Riverside $31,600,000 2.00% 11.13 $39,388,451 Total Earnings: $1,770,984,532 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 $59,986,433 Total Step 4 + Step 5 Does Licensee Pass:
$1,830,970,965 YES Step 6:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$1,830,970,965 2.00% 7 $136,119,570 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:
$1,967,090,535 YES NO Signature: Michael Purdie and JoAnn Simpson Date: 06/29/2011 Secondary Review:
Kosmas Lois Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/7/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 ANNUITY Termination of Operations: 2 16 2022 Real Rate Total Year Annuity: of Return: Accumulation 2011 $24,300,000 2% $30,290,179 2012 $24,300,000 2% $29,696,254 Total: $59,986,433 Signature: Michael Purdie and JoAnn Simpson Date: 06/29/2011 Secondary Review:
Kosmas Lois Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/7/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 ANNUITY Termination of Operations: 2 16 2022 If licensee is granted greater than 2% RRR Real Rate Total Year Annuity: of Return: Accumulation 2011 $24,300,000 2.00% $30,290,179 2012 $24,300,000 2.00% $29,696,254 2013 $0 2.00% $0 2014 $0 2.00% $0 2015 $0 2.00% $0 2016 $0 2.00% $0 2017 $0 2.00% $0 2018 $0 2.00% $0 2019 $0 2.00% $0 2020 $0 2.00% $0 2021 $0 2.00% $0 2022 $0 2.00% $0 Total: $59,986,433 Signature: Michael Purdie and JoAnn Simpson Date: 06/29/2011 Secondary Review:
Kosmas Lois Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/7/2011 Formulas verified by: Clayton Pittiglio