ML112380025
| ML112380025 | |
| Person / Time | |
|---|---|
| Site: | Beaver Valley |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112380025 (2) | |
Text
Datasheet 2 Signature : Kosmas Lois Date: 7/6/2011 Secondary Signature: Jo Ann Simpson Date: 07/13/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 1
PWR 2900
$100,520,000 113.6 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 100.00%
2 2%
25.08 2%
2%
2%
7 NO Does Licensee Pass:
Does Licensee Pass:
YES Bx Ex Lx ECI Base Lx Base Px Year:
Beaver Valley Power Station, Unit 1 Docket Number:
Date of Operation:
Latest Month Fx Latest Month Px Amount of NRC Minimum/Site Specific:
BWR/PWR MWth FENGenCo
$223,843,740 Amount in Trust Fund:
Px 50-334 29 31 Termination of Operations:
2036 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$461,324,311 NRC Minimum:
$461,324,311
$367,805,995 Real Rate of Return per year NO 2010 Fx Site Specific:
Total Step 2:
Years Left in License 25.08 Real Rate of Return per year Does Licensee Pass:
NO Parent Company Guarantee1
$67,500,000
$0
$27,343,740 Trust Fund Balance:
Step 1:
Total Step 1 + Step 2
$367,805,995 Shortfall:
Total Earnings:
Real Rate of Return per year Total Annuity:
Step 3:
$0 Total Earnings:
$367,805,995 Years remaining after annuity Total Earnings for Decom:
Decom Period:
Total of Steps 1 thru 3:
Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$223,843,740 Decom Period:
$0 Total Annuity Real Rate of Return per year Total Fund Balance:
$223,843,740
$462,649,735
Datasheet 2 Signature : Kosmas Lois Date: 7/6/2011 Secondary Signature: Jo Ann Simpson Date: 07/13/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 1
Year:
Beaver Valley Power Station, Unit 1 Docket Number:
Date of Operation:
50-334 29 31 Termination of Operations:
2036 Day Plant name:
2010 2.00%
25.08 2.00%
2.00%
2.00%
7 Earnings Credit:
Step 4:
Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$0
$67,500,000 NO Total Step 4 + Step 5 Total Earnings for Decom:
Decom Period:
Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License
$0
$0 Decom Period:
Step 6:
$367,805,995
$0 Does Licensee Pass:
Real Rate of Return per year Parent Company Guarantee1 1 FENOC has obtained a $95 Million Parental Guaranty (PCG). The FENGenCO share of the BVPS-1 nuclear decommissioning trust has a shortfall of approximately 66 million dollars and the FENGenCo share of the Perry Nuclear Power Plant has a shortfall of approximately $26 million dollars. The NRC staff decided to account for the guaranty such that $67.5 Million is for Beaver Valley and $27.5 Million is for Perry.
NRC staff took the NRC minimum value required for decommissioning and subtracted it from the $95 million of the new PCG. The figure ($3 Million) was divided in half and added to Beaver Valley and Perry PCG's accordingly. This is how the $67.5 million and $27.5 million was derived.
Real Rate of Return per year Accumulation:
Value of Annuity per year
$223,843,740 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$367,805,995 NO If licensee is granted greater than 2% RRR YES
$27,343,740 Total Step 5 Total of Steps 4 thru 6:
$462,649,735 Does Licensee Pass:
Total Earnings:
25.08 0
$367,805,995