ML112380024
| ML112380024 | |
| Person / Time | |
|---|---|
| Site: | Wolf Creek  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112380024 (6) | |
Text
Datasheet 1 Plant name: Wolf Creek Generating Station Docket Number: 50-482 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $473,000,000 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:
Kansas Gas and Electric Company 47.00% 1 $126,425,117 Kansas City Power & Light Company 47.00% 1 $126,272,097 Kansas Electric Power Cooperative 6.00% 1 $12,362,162 Total Trust Fund Balance $265,059,376 3 Schedule of the annual amounts remaining to be collected: (provided/none) provided 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Post-RAI Rate of Rate(s) of PUC RAI PUC Allowed Rates Real Rate Allowed through Decom Return on Escalation Rate Other Verified Needed Verified through Determined of Return (Y/N)
Earnings Factors (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) variable1 variable1 variable1 N N Y Y Y N 5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 7 Any material changes to trust agreements? (Y/N) N If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below) 1 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission Signature: Michael Purdie and JoAnn Simpson Date: 6/29/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/7/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Wolf Creek Generating Station Docket Number: 50-482 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 3 11 2045 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 3565 $105,000,000 111.3 2.08 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: $472,417,086 Site Specific: $551,144,760 Licensee: % Owned: Category Amount of NRC Minimum/Site Specific: Amount in Trust Fund:
Kansas Gas and Electric Company 47.00% 1 $259,038,037 $126,425,117 Kansas City Power & Light Company 47.00% 1 $259,038,037 $126,272,097 Kansas Electric Power Cooperative 6.00% 1 $33,068,686 $12,362,162 Total Fund Balance: $265,059,376 Step 1:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$265,059,376 2% 34.20 $521,708,379 NO Step 2:
Accumulation:
Value of Annuity per year (amount/See Real Rate of Return Annuity Sheet) per year Number of Annual Payments: Total Annuity:
see annuity sheet See Annuity Sheet See Total Step 2 Real Rate of Return Total Annuity per year Years remaining after annuity Total Step 2:
See Total Step 2 See Annuity Sheet N/A $349,383,845 Total Step 1 + Step 2 Does Licensee Pass:
$871,092,224 YES Step 3:
Decom Period:
Real Rate of Return Decom Total Earnings: per year Period: Total Earnings for Decom:
$871,092,224 2% 7 $64,759,464 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:
$935,851,689 YES NO Signature: Michael Purdie and JoAnn Simpson Date: 6/29/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/7/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Wolf Creek Generating Station Docket Number: 50-482 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 3 11 2045 If licensee is granted greater than 2% RRR Step 4:
Earnings Credit:
Real Rate of Years Licensee Trust Fund Balance: Return per year Left in Total Earnings: Does Licensee Pass:
See Step 4 Sheet: See Step 4 Sheet: variable 34.20 $622,249,809 YES Total: $622,249,809 Step 5:
Accumulation:
Real Rate of Return Value of Annuity per year per year Number of Annual Payments: Total Annuity:
see annuity sheet See Annuity Sheet see annuity sheet See Total Step 4 Real Rate of Return Total Annuity per year Years remaining after annuity Total Step 5 See Total Step 4 See Annuity Sheet N/A $381,526,098 Total Step 4 + Step 5 Does Licensee Pass:
$1,003,775,907 YES Step 6:
Decom Period:
Real Rate of Return Decom Total Earnings: per year Period: Total Earnings for Decom:
$1,003,775,907 2.00% 7 $74,623,545 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:
$1,078,399,453 YES NO Signature: Michael Purdie and JoAnn Simpson Date: 6/29/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/7/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 ANNUITY Termination of Operations: 3 11 2045 Real Rate Total Year Annuity: of Return: Accumulation 2011 $6,992,000 2% $13,762,578 2012 $6,939,000 2% $13,390,448 2013 $6,946,000 2% $13,141,133 2014 $6,953,000 2% $12,896,448 2015 $6,960,000 2% $12,656,305 2016 $6,968,000 2% $12,422,405 2017 $6,975,000 2% $12,191,063 2018 $6,983,000 2% $11,965,731 2019 $6,991,000 2% $11,744,548 2020 $6,999,000 2% $11,527,439 2021 $7,006,000 2% $11,312,714 2022 $7,015,000 2% $11,105,143 2023 $7,023,000 2% $10,899,812 2024 $7,031,000 2% $10,698,263 2025 $7,040,000 2% $10,501,918 2026 $7,048,000 2% $10,307,698 2027 $7,057,000 2% $10,118,491 2028 $7,066,000 2% $9,932,741 2029 $7,075,000 2% $9,750,384 2030 $7,084,000 2% $9,571,361 2031 $7,093,000 2% $9,395,608 2032 $7,102,000 2% $9,223,069 2033 $7,112,000 2% $9,054,956 2034 $7,122,000 2% $8,889,890 2035 $7,132,000 2% $8,727,816 2036 $7,141,000 2% $8,567,480 2037 $7,152,000 2% $8,412,429 2038 $7,162,000 2% $8,259,011 2039 $7,172,000 2% $8,108,376 2040 $7,183,000 2% $7,961,580 2041 $7,194,000 2% $7,817,424 2042 $7,205,000 2% $7,675,860 2043 $7,216,000 2% $7,536,842 2044 $7,227,000 2% $7,400,325 2045 $2,447,000 2% $2,456,555 Total: $349,383,845 Signature: Michael Purdie and JoAnn Simpson Date: 6/29/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/7/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 ANNUITY Termination of Operations: 3 11 2045 If licensee is granted greater than 2% RRR KGE Annuities Breakdown KCPL Annuities Breakdown (Missouri) KCPL Annuities Breakdown (Kansas) KEPCo Annuities Breakdown Real Rate Total Real Rate Real Rate Real Rate Total Year Annuity: Year Annuity: Total Accumulation Year Annuity: Total Accumulation Year Annuity:
of Return: Accumulation of Return: of Return: of Return: Accumulation 2011 $3,150,000 2.78% $8,045,389 2011 $1,281,264 2.08% $2,590,483 2011 $2,036,230 2.08% $4,116,886 2011 $464,858 3.07% $1,307,381 2012 $3,150,000 2.78% $7,827,777 2012 $1,281,264 2.08% $2,537,698 2012 $2,036,230 2.08% $4,033,000 2012 $471,831 3.07% $1,287,467 2013 $3,150,000 2.78% $7,616,051 2013 $1,281,264 2.08% $2,485,990 2013 $2,036,230 2.08% $3,950,823 2013 $478,908 3.07% $1,267,854 2014 $3,150,000 2.78% $7,410,051 2014 $1,281,264 2.08% $2,435,335 2014 $2,036,230 2.08% $3,870,320 2014 $486,092 3.07% $1,248,543 2015 $3,150,000 2.78% $7,209,624 2015 $1,281,264 2.08% $2,385,712 2015 $2,036,230 2.08% $3,791,458 2015 $493,383 3.07% $1,229,524 2016 $3,150,000 2.78% $7,014,618 2016 $1,281,264 2.08% $2,337,100 2016 $2,036,230 2.08% $3,714,202 2016 $500,784 3.07% $1,210,796 2017 $3,150,000 2.78% $6,824,886 2017 $1,281,264 2.08% $2,289,479 2017 $2,036,230 2.08% $3,638,521 2017 $508,296 3.07% $1,192,353 2018 $3,150,000 2.78% $6,640,286 2018 $1,281,264 2.08% $2,242,828 2018 $2,036,230 2.08% $3,564,382 2018 $515,920 3.07% $1,174,190 2019 $3,150,000 2.78% $6,460,679 2019 $1,281,264 2.08% $2,197,128 2019 $2,036,230 2.08% $3,491,754 2019 $523,659 3.07% $1,156,305 2020 $3,150,000 2.78% $6,285,930 2020 $1,281,264 2.08% $2,152,359 2020 $2,036,230 2.08% $3,420,605 2020 $531,514 3.07% $1,138,692 2021 $3,150,000 2.78% $6,115,908 2021 $1,281,264 2.08% $2,108,502 2021 $2,036,230 2.08% $3,350,906 2021 $539,487 3.07% $1,121,347 2022 $3,150,000 2.78% $5,950,484 2022 $1,281,264 2.08% $2,065,539 2022 $2,036,230 2.08% $3,282,627 2022 $547,579 3.07% $1,104,266 2023 $3,150,000 2.78% $5,789,535 2023 $1,281,264 2.08% $2,023,451 2023 $2,036,230 2.08% $3,215,740 2023 $555,793 3.07% $1,087,446 2024 $3,150,000 2.78% $5,632,940 2024 $1,281,264 2.08% $1,982,221 2024 $2,036,230 2.08% $3,150,216 2024 $564,130 3.07% $1,070,882 2025 $3,150,000 2.78% $5,480,579 2025 $1,281,264 2.08% $1,941,831 2025 $2,036,230 2.08% $3,086,026 2025 $572,592 3.07% $1,054,570 2026 $3,150,000 2.78% $5,332,340 2026 $1,281,264 2.00% $1,873,848 2026 $2,036,230 2.00% $2,977,986 2026 $581,181 2.67% $963,810 2027 $3,150,000 2.78% $5,188,111 2027 $1,281,264 2.00% $1,837,106 2027 $2,036,230 2.00% $2,919,594 2027 $589,898 2.67% $952,825 2028 $3,150,000 2.78% $5,047,783 2028 $1,281,264 2.00% $1,801,085 2028 $2,036,230 2.00% $2,862,347 2028 $598,747 2.67% $941,968 2029 $3,150,000 2.78% $4,911,250 2029 $1,281,264 2.00% $1,765,769 2029 $2,036,230 2.00% $2,806,223 2029 $607,728 2.67% $931,233 2030 $3,150,000 2.78% $4,778,410 2030 $1,281,264 2.00% $1,731,146 2030 $2,036,230 2.00% $2,751,199 2030 $616,844 2.67% $920,621 2031 $3,150,000 2.78% $4,649,163 2031 $1,281,264 2.00% $1,697,202 2031 $2,036,230 2.00% $2,697,254 2031 $626,096 2.67% $910,129 2032 $3,150,000 2.78% $4,523,412 2032 $1,281,264 2.00% $1,663,924 2032 $2,036,230 2.00% $2,644,366 2032 $635,488 2.67% $899,758 2033 $3,150,000 2.78% $4,401,063 2033 $1,281,264 2.00% $1,631,298 2033 $2,036,230 2.00% $2,592,516 2033 $645,020 2.67% $889,504 2034 $3,150,000 2.78% $4,282,023 2034 $1,281,264 2.00% $1,599,311 2034 $2,036,230 2.00% $2,541,682 2034 $654,696 2.67% $879,369 2035 $3,150,000 2.78% $4,166,202 2035 $1,281,264 2.00% $1,567,952 2035 $2,036,230 2.00% $2,491,845 2035 $664,516 2.67% $869,347 2036 $3,150,000 3.04% $4,148,803 2036 $1,281,264 2.00% $1,537,208 2036 $2,036,230 2.00% $2,442,986 2036 $674,484 2.27% $829,133 2037 $3,150,000 3.04% $4,026,400 2037 $1,281,264 2.00% $1,507,067 2037 $2,036,230 2.00% $2,395,084 2037 $684,601 2.27% $822,891 2038 $3,150,000 3.04% $3,907,609 2038 $1,281,264 2.00% $1,477,517 2038 $2,036,230 2.00% $2,348,122 2038 $694,870 2.27% $816,695 2039 $3,150,000 3.04% $3,792,322 2039 $1,281,264 2.00% $1,448,546 2039 $2,036,230 2.00% $2,302,080 2039 $705,293 2.27% $810,546 2040 $3,150,000 3.04% $3,680,437 2040 $1,281,264 2.00% $1,420,143 2040 $2,036,230 2.00% $2,256,941 2040 $715,872 2.27% $804,443 2041 $3,150,000 3.04% $3,571,853 2041 $1,281,264 2.00% $1,392,297 2041 $2,036,230 2.00% $2,212,687 2041 $726,611 2.27% $798,387 2042 $3,150,000 3.04% $3,466,472 2042 $1,281,264 2.00% $1,364,997 2042 $2,036,230 2.00% $2,169,301 2042 $737,510 2.27% $792,376 2043 $3,150,000 3.04% $3,364,200 2043 $1,281,264 2.00% $1,338,232 2043 $2,036,230 2.00% $2,126,766 2043 $748,572 2.27% $786,409 2044 $3,150,000 3.04% $3,264,946 2044 $1,281,264 2.00% $1,311,992 2044 $2,036,230 2.00% $2,085,065 2044 $759,801 2.27% $780,489 2045 $787,518 2.00% $790,593 2045 $320,318 2.00% $321,569 2045 $509,057 2.00% $511,045 2045 $0 2.00% $0 Total: $181,598,131 Total: $64,063,866 Total: $101,812,555 Total: $34,051,546 Total: $381,526,098 Signature: Michael Purdie and JoAnn Simpson Date: 6/29/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/7/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Step 4 Analysis Termination of Operations: 3 11 2045 If licensee is granted greater than 2% RRR KGE Step 4 Analysis KCPL Step 4 Analysis (Missouri) KCPL Step 4 Analysis (Kansas) KEPCo Step 4 Analysis Trust Fund Real Rate of Trust Fund Real Rate Trust Fund Real Rate Trust Fund Real Rate Year Total: Year Total: Year Total: Year Total:
Balance: Return: Balance: of Return: Balance: of Return: Balance: of Return:
2011 $126,425,117 2.78% $129,939,736 2011 $71,709,924 2.08% $73,201,490 2011 $54,562,173 2.08% $55,697,066 2011 $12,362,000 3.07% $12,741,513 2012 $129,939,736 2.78% $133,552,060 2012 $73,201,490 2.08% $74,724,081 2012 $55,697,066 2.08% $56,855,565 2012 $12,741,513 3.07% $13,132,678 2013 $133,552,060 2.78% $137,264,807 2013 $74,724,081 2.08% $76,278,342 2013 $56,855,565 2.08% $58,038,161 2013 $13,132,678 3.07% $13,535,851 2014 $137,264,807 2.78% $141,080,769 2014 $76,278,342 2.08% $77,864,932 2014 $58,038,161 2.08% $59,245,355 2014 $13,535,851 3.07% $13,951,402 2015 $141,080,769 2.78% $145,002,815 2015 $77,864,932 2.08% $79,484,522 2015 $59,245,355 2.08% $60,477,658 2015 $13,951,402 3.07% $14,379,710 2016 $145,002,815 2.78% $149,033,893 2016 $79,484,522 2.08% $81,137,800 2016 $60,477,658 2.08% $61,735,593 2016 $14,379,710 3.07% $14,821,167 2017 $149,033,893 2.78% $153,177,035 2017 $81,137,800 2.08% $82,825,467 2017 $61,735,593 2.08% $63,019,694 2017 $14,821,167 3.07% $15,276,177 2018 $153,177,035 2.78% $157,435,357 2018 $82,825,467 2.08% $84,548,236 2018 $63,019,694 2.08% $64,330,503 2018 $15,276,177 3.07% $15,745,155 2019 $157,435,357 2.78% $161,812,059 2019 $84,548,236 2.08% $86,306,840 2019 $64,330,503 2.08% $65,668,578 2019 $15,745,155 3.07% $16,228,532 2020 $161,812,059 2.78% $166,310,435 2020 $86,306,840 2.08% $88,102,022 2020 $65,668,578 2.08% $67,034,484 2020 $16,228,532 3.07% $16,726,747 2021 $166,310,435 2.78% $170,933,865 2021 $88,102,022 2.08% $89,934,544 2021 $67,034,484 2.08% $68,428,802 2021 $16,726,747 3.07% $17,240,259 2022 $170,933,865 2.78% $175,685,826 2022 $89,934,544 2.08% $91,805,182 2022 $68,428,802 2.08% $69,852,121 2022 $17,240,259 3.07% $17,769,535 2023 $175,685,826 2.78% $180,569,892 2023 $91,805,182 2.08% $93,714,730 2023 $69,852,121 2.08% $71,305,045 2023 $17,769,535 3.07% $18,315,059 2024 $180,569,892 2.78% $185,589,735 2024 $93,714,730 2.08% $95,663,997 2024 $71,305,045 2.08% $72,788,190 2024 $18,315,059 3.07% $18,877,332 2025 $185,589,735 2.78% $190,749,130 2025 $95,663,997 2.08% $97,653,808 2025 $72,788,190 2.08% $74,302,184 2025 $18,877,332 3.07% $19,456,866 2026 $190,749,130 2.78% $196,051,956 2026 $97,653,808 2.00% $99,606,884 2026 $74,302,184 2.00% $75,788,228 2026 $19,456,866 2.67% $19,976,364 2027 $196,051,956 2.78% $201,502,200 2027 $99,606,884 2.00% $101,599,022 2027 $75,788,228 2.00% $77,303,992 2027 $19,976,364 2.67% $20,509,733 2028 $201,502,200 2.78% $207,103,961 2028 $101,599,022 2.00% $103,631,002 2028 $77,303,992 2.00% $78,850,072 2028 $20,509,733 2.67% $21,057,343 2029 $207,103,961 2.78% $212,861,451 2029 $103,631,002 2.00% $105,703,622 2029 $78,850,072 2.00% $80,427,074 2029 $21,057,343 2.67% $21,619,574 2030 $212,861,451 2.78% $218,779,000 2030 $105,703,622 2.00% $107,817,694 2030 $80,427,074 2.00% $82,035,615 2030 $21,619,574 2.67% $22,196,816 2031 $218,779,000 2.78% $224,861,056 2031 $107,817,694 2.00% $109,974,048 2031 $82,035,615 2.00% $83,676,327 2031 $22,196,816 2.67% $22,789,471 2032 $224,861,056 2.78% $231,112,193 2032 $109,974,048 2.00% $112,173,529 2032 $83,676,327 2.00% $85,349,854 2032 $22,789,471 2.67% $23,397,950 2033 $231,112,193 2.78% $237,537,112 2033 $112,173,529 2.00% $114,417,000 2033 $85,349,854 2.00% $87,056,851 2033 $23,397,950 2.67% $24,022,676 2034 $237,537,112 2.78% $244,140,644 2034 $114,417,000 2.00% $116,705,340 2034 $87,056,851 2.00% $88,797,988 2034 $24,022,676 2.67% $24,664,081 2035 $244,140,644 2.78% $250,927,754 2035 $116,705,340 2.00% $119,039,447 2035 $88,797,988 2.00% $90,573,948 2035 $24,664,081 2.67% $25,322,612 2036 $250,927,754 3.04% $258,555,957 2036 $119,039,447 2.00% $121,420,236 2036 $90,573,948 2.00% $92,385,427 2036 $25,322,612 2.27% $25,897,435 2037 $258,555,957 3.04% $266,416,059 2037 $121,420,236 2.00% $123,848,640 2037 $92,385,427 2.00% $94,233,135 2037 $25,897,435 2.27% $26,485,307 2038 $266,416,059 3.04% $274,515,107 2038 $123,848,640 2.00% $126,325,613 2038 $94,233,135 2.00% $96,117,798 2038 $26,485,307 2.27% $27,086,524 2039 $274,515,107 3.04% $282,860,366 2039 $126,325,613 2.00% $128,852,125 2039 $96,117,798 2.00% $98,040,154 2039 $27,086,524 2.27% $27,701,388 2040 $282,860,366 3.04% $291,459,321 2040 $128,852,125 2.00% $131,429,168 2040 $98,040,154 2.00% $100,000,957 2040 $27,701,388 2.27% $28,330,209 2041 $291,459,321 3.04% $300,319,685 2041 $131,429,168 2.00% $134,057,751 2041 $100,000,957 2.00% $102,000,976 2041 $28,330,209 2.27% $28,973,305 2042 $300,319,685 3.04% $309,449,403 2042 $134,057,751 2.00% $136,738,906 2042 $102,000,976 2.00% $104,040,996 2042 $28,973,305 2.27% $29,630,999 2043 $309,449,403 3.04% $318,856,665 2043 $136,738,906 2.00% $139,473,684 2043 $104,040,996 2.00% $106,121,816 2043 $29,630,999 2.27% $30,303,623 2044 $318,856,665 3.04% $328,549,907 2044 $139,473,684 2.00% $142,263,158 2044 $106,121,816 2.00% $108,244,252 2044 $30,303,623 2.27% $30,991,515 2045 $328,549,907 2.00% $335,120,906 2045 $142,263,158 2.00% $145,108,421 2045 $108,244,252 2.00% $110,409,137 2045 $30,991,515 2.00% $31,611,345 Total: $622,249,809 Signature: Michael Purdie and JoAnn Simpson Date: 6/29/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/7/2011 Formulas verified by: Clayton Pittiglio