ML112371914

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2010 DFS Report Analysis for St. Lucie Plant, Unit 2
ML112371914
Person / Time
Site: Saint Lucie NextEra Energy icon.png
Issue date: 11/14/2011
From: Szabo A
Division of Inspection and Regional Support
To:
Szabo, A L, NRR/DPR, 415-1985
References
Download: ML112371914 (3)


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:

85.10449%

1 8.80600%

1 6.08951%

1 3

4 variable1 2.97%

variable1 N

N Y

N N

Y 5

6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 2 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission 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 Post-RAI Rates Determined (Y/N)

$665,711,437 Real Rate of Return PUC Verified (Y/N)

$36,378,222 Total Trust Fund Balance 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 Y

$439,235,100 The total amount of dollars accumulated at the end of the appropriate year: (see below)

FMPA FPL Licensee:

$577,370,861 Amount in Trust Fund:

1 FPSC Order No. PSC-05-0902-S-El - customer contributions to the decommissioning trust fund were suspended effective 9/1/2005.

Plant name:

St. Lucie Plant, Unit 2 50-389 RAI Needed (Y/N)

PUC Verified (Y/N)

$51,962,354 none 1 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 Allowed through Decom (Y/N)

OUC

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 4

PWR 2700

$98,760,000 112.8 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 85.10%

1 8.81%

1 6.09%

1 2%

32.26 2%

2%

2%

7 2010 Year:

St. Lucie Plant, Unit 2 Docket Number:

Date of Operation:

Latest Month Fx 50-389 6

31 Termination of Operations:

2043 1986$

Day Base Fx Plant name:

Px Latest Month Px BWR/PWR MWth Bx Ex Lx ECI Base Lx Base Px Does Licensee Pass:

YES

$36,378,222

$51,962,354

$577,370,861

$26,739,269

$38,667,479 Amount of NRC Minimum/Site Specific:

Real Rate of Return per year Total of Steps 1 thru 3:

Number of Annual Payments:

Total Fund Balance:

Total Step 1 + Step 2

$1,261,157,090

$1,354,915,082 Step 3:

$0 Accumulation:

$0

$1,261,157,090 Years remaining after annuity Value of Annuity per year (amount/See Annuity Sheet)

Trust Fund Balance:

Total Annuity:

Step 2:

Years Left in License 32.26 Real Rate of Return per year Amount in Trust Fund:

Total Earnings:

$1,261,157,090 Real Rate of Return per year Fx Site Specific:

Licensee:

$373,697,035 NRC Minimum:

$439,103,783

$665,711,437 Earnings Credit:

$665,711,437 Step 1:

FPL FMPA OUC

$0

$93,757,992 Total Earnings for Decom:

Decom Period:

Decom Period:

$0 Total Annuity Real Rate of Return per year Total Step 2:

Total Earnings:

Shortfall:

YES Does Licensee Pass:

Does Licensee Pass:

YES NO

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 4

2010 Year:

St. Lucie Plant, Unit 2 Docket Number:

Date of Operation:

50-389 6

31 Termination of Operations:

2043 Day Plant name:

Owner FPL 2.00%

32.26 FPMA 2.00%

OUC 2.00%

2.00%

2.00%

2.00%

7

$577,370,861 Total Annuity:

Earnings Credit:

Step 4:

Number of Annual Payments:

Step 5:

Real Rate of Return Total Earnings:

Trust Fund Balance:

Years Left in License

$1,261,157,090 If licensee is granted greater than 2% RRR YES Total Step 5 Total of Steps 4 thru 6:

$51,962,354

$36,378,222 Real Rate of Return per year Accumulation:

Value of Annuity per year

$0 Total Annuity Total Earnings:

$1,261,157,090

$0

$0 Decom Period:

Step 6:

$0 Real Rate of Return per year Years remaining after annuity Real Rate of Return per year Does Licensee Pass:

$1,354,915,082 Does Licensee Pass:

Does Licensee Pass:

Shortfall:

NO YES

$93,757,992 YES Total Step 4 + Step 5 Total Earnings for Decom:

Decom Period:

32.26 0

$1,261,157,090