ML112371904
| ML112371904 | |
| Person / Time | |
|---|---|
| Site: | Seabrook  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112371904 (5) | |
Text
Datasheet 1 Signature: Jo Ann Simpson, Aaron Szabo Date: 6/14/2011 Secondary Review: Michael Purdie Date: 6/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
88.23%
2 0.08%
1 11.59%
1 0.10%
1 3
4 variable1 variable1 variable1 Y
N Y
Y N
N 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 2 Name change on qualified and non-qualified trusts from FPL Seabrook LLC to NextEra Energy Seabrook, LLC. The trustee was changed from "Mellon Trust of Delaware, National Association" to "BNY Mellon Trust of Delaware" 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
$403,160,241 Real Rate of Return PUC Verified (Y/N)
Hudson Light and Power Dept.
NextEra Energy Seabrook, LLC Licensee:
$366,725,239 Amount in Trust Fund:
Plant name:
Seabrook Nuclear Power Station 50-443 RAI Needed (Y/N)
PUC Verified (Y/N)
$366,858 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
$482,023,500 Allowed through Decom (Y/N)
Massachusetts Municipal Wholesale Electric Company Taunton Municipal Lighting Plant
$35,589,403 Total Trust Fund Balance
$478,741 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 N2 1 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission
Datasheet 2 Signature: Jo Ann Simpson, Aaron Szabo Date: 6/14/2011 Secondary Review: Michael Purdie Date: 6/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 3
PWR 3648
$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 88.23%
2 0.08%
1 11.59%
1 0.10%
1 2%
19.21 See Annuity Sheet See Annuity Sheet 2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Seabrook Nuclear Power Station Docket Number:
Date of Operation:
Latest Month Fx
$731,122,026 Years remaining after annuity Px 50-443 15 31 Termination of Operations:
2030 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$425,161,545 NRC Minimum:
$481,884,726 Taunton Municipal Lighting Plant Trust Fund Balance:
Step 1:
Fx Site Specific:
Total Step 2:
$483,523 Years Left in License N/A
$478,741 Real Rate of Return per year Does Licensee Pass:
YES
$35,589,403 See Total Step 2
$54,353,683 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 NextEra Energy Seabrook, LLC Hudson Light and Power Dept.
Massachusetts Municipal Wholesale Electric Company
$55,866,824
$372,834 Total Annuity:
Step 3:
$366,858
$366,725,239 Amount in Trust Fund:
$141,390,957 Total Earnings:
$589,731,069 Real Rate of Return per year Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$403,160,241 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$403,160,241 Total Step 1 + Step 2
$731,122,026 NO Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
YES
$785,475,709
Datasheet 2 Signature: Jo Ann Simpson, Aaron Szabo Date: 6/14/2011 Secondary Review: Michael Purdie Date: 6/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 3
2010 Year:
Seabrook Nuclear Power Station Docket Number:
Date of Operation:
50-443 15 31 Termination of Operations:
2030 Day Plant name:
2.00%
19.21 See Annuity Sheet See Annuity Sheet 2.00%
7 Earnings Credit:
Step 4:
Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$141,390,957 Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License YES
$54,353,683 Total Step 5 Total of Steps 4 thru 6:
$785,475,709 Does Licensee Pass:
Total Earnings:
N/A 0
$731,122,026 See Annuity Sheet See Total Step 5 Decom Period:
Step 6:
$731,122,026 See Total Step 5 Does Licensee Pass:
Real Rate of Return per year YES Total Step 4 + Step 5 Total Earnings for Decom:
Decom Period:
Real Rate of Return per year Accumulation:
Value of Annuity per year
$403,160,241 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$589,731,069 YES If licensee is granted greater than 2% RRR
Datasheet 2 Signature: Jo Ann Simpson, Aaron Szabo Date: 6/14/2011 Secondary Review: Michael Purdie Date: 6/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 3
15 2030 Year Annuity:
2011
$0 2%
$0 2012
$0 2%
$0 2013
$35,858,227 2%
$50,417,177 2014
$3,787,001 2%
$5,220,174 2015
$3,900,611 2%
$5,271,352 2016
$4,017,630 2%
$5,323,033 2017
$4,138,159 2%
$5,375,219 2018
$4,262,303 2%
$5,427,917 2019
$4,390,173 2%
$5,481,133 2020
$4,523,878 2%
$5,537,317 2021
$4,657,534 2%
$5,589,132 2022
$4,797,260 2%
$5,643,927 2023
$4,941,178 2%
$5,699,260 2024
$5,089,413 2%
$5,755,135 2025
$5,242,098 2%
$5,811,561 2026
$5,399,358 2%
$5,868,534 2027
$5,561,339 2%
$5,926,069 2028
$5,728,179 2%
$5,984,167 2029
$5,900,025 2%
$6,042,836 2030
$1,012,838 2%
$1,017,014 Total:
$141,390,957 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Jo Ann Simpson, Aaron Szabo Date: 6/14/2011 Secondary Review: Michael Purdie Date: 6/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 3
15 2030 ANNUITY Termination of Operations:
Year Annuity:
2011
$0 2.00%
$0 2012
$0 2.00%
$0 2013
$35,858,227 2.00%
$50,417,177 2014
$3,787,001 2.00%
$5,220,174 2015
$3,900,611 2.00%
$5,271,352 2016
$4,017,630 2.00%
$5,323,033 2017
$4,138,159 2.00%
$5,375,219 2018
$4,262,303 2.00%
$5,427,917 2019
$4,390,173 2.00%
$5,481,133 2020
$4,523,878 2.00%
$5,537,317 2021
$4,657,534 2.00%
$5,589,132 2022
$4,797,260 2.00%
$5,643,927 2023
$4,941,178 2.00%
$5,699,260 2024
$5,089,413 2.00%
$5,755,135 2025
$5,242,098 2.00%
$5,811,561 2026
$5,399,358 2.00%
$5,868,534 2027
$5,561,339 2.00%
$5,926,069 2028
$5,728,179 2.00%
$5,984,167 2029
$5,900,025 2.00%
$6,042,836 2030
$1,012,838 2.00%
$1,017,014 Total:
$141,390,957 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation