ML112380016

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2010 DFS Report Analysis for Vermont Yankee Power Station
ML112380016
Person / Time
Site: Vermont Yankee Entergy 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: ML112380016 (3)


Text

Datasheet 1 Plant name: Vermont Yankee Power Station Docket Number: 50-271 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $564,250,000 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:

Entergy Nuclear 100.00% 1 $474,191,000 Operations, Inc.

Total Trust Fund Balance $474,191,000 3 Schedule of the annual amounts remaining to be collected: (provided/none) none 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 Escalation Real Rate Allowed through Decom Return on Other Verified Needed Verified through Determined Rate of Return (Y/N)

Earnings Factors (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) 2.00% N Y 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) Y1 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

$40 Million Parent Guarantee in place.

Signature: Shawn Harwell Date: 7/26/2011 Signature: Jo Ann Simpson Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/2/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Vermont Yankee Power Station Docket Number: 50-271 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 3 21 2032 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx BWR 1912 $121,208,000 113.6 2.16 0.65 2.45 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.307 0.22 12.54 NRC Minimum: $564,067,702 Site Specific:

Amount of NRC Minimum/Site Licensee:  % Owned: Category Specific: Amount in Trust Fund:

Entergy Nuclear 100.00% 1 $564,067,702 $474,191,000 Operations, Inc.

Total Fund Balance: $474,191,000 Step 1:

Earnings Credit:

Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:

$474,191,000 2% 21.22 $721,890,515 YES Step 2:

Accumulation:

Value of Annuity per year (amount/See Annuity Real Rate of Return Number of Annual Sheet) per year Payments: Total Annuity:

2% $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 2:

$0 2% 21.22 $0 Total Step 1 + Step 2 Does Licensee Pass:

$721,890,515 YES Step 3:

Decom Period:

Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:

$721,890,515 2% 7 $53,667,387 Parent Company Guarantee Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:

$40,000,000 $815,557,902 YES NO Signature: Shawn Harwell Date: 7/26/2011 Signature: Jo Ann Simpson Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/2/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Vermont Yankee Power Station Docket Number: 50-271 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 3 21 2032 If licensee is granted greater than 2% RRR Step 4:

Earnings Credit:

Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:

$474,191,000 2.00% 21.22 $721,890,515 YES Step 5:

Accumulation:

Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:

$0 2.00% 0 $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5

$0 2.00% 21.22 $0 Total Step 4 + Step 5 Does Licensee Pass:

$721,890,515 YES Step 6:

Decom Period:

Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:

$721,890,515 2.00% 7 $53,667,387 Parent Company Guarantee Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:

$40,000,000 $815,557,902 YES NO Signature: Shawn Harwell Date: 7/26/2011 Signature: Jo Ann Simpson Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/2/2011 Formulas verified by: Clayton Pittiglio