ML120720382
| ML120720382 | |
| Person / Time | |
|---|---|
| Site: | Limerick  |
| Issue date: | 03/27/2012 |
| From: | Peter Bamford Plant Licensing Branch 1 |
| To: | Pacilio M Exelon Nuclear |
| Bamford, Peter J., NRR/DORL 415-2833 | |
| References | |
| TAC ME5497 | |
| Download: ML120720382 (3) | |
Text
,
po UNITED STATES NUCLEAR REGULATORY COMMISSION WASHINGTON, D.C. 20555-0001 March 27, 2012 Mr. Michael J. Pacilio President and Chief Nuclear Officer Exelon Nuclear 4300 Winfield Road Warrenville, IL 60555
SUBJECT:
LIMERICK GENERATING STATION, UNIT NO.1 - CLOSE OUT LETTER FOR 2011 DECOMMISSIONING FUNDING STATUS REPORT (TAC NO. ME5497)
Dear Mr. Pacilio:
By letter dated March 31, 2011 (Agencywide Documents Access and Management System (ADAMS) Accession No. ML110980080), Exelon Generation Company, LLC (Exelon, the licensee) submitted to the U.S. Nuclear Regulatory Commission (NRC) the 2011 Decommissioning Funding Status report for Limerick Generating Station (LGS), Unit 1, as required under Title 10 of the Code of Federal Regulations (10 CFR) Section 50.75, "Reporting and recordkeeping for decommissioning planning." This letter reflected funding considerations as of December 31,2010. On July 27,2011 (ADAMS Accession No. ML112092312), Exelon submitted supplemental information in response to a request for additional information (RAI) from the NRC staff regarding the status of the decommissioning funds. Subsequently, by letter dated January 11, 2012 (ADAMS Accession No. ML113540721), based on an NRC-calculated shortfall as of December 31, 2010, the NRC requested further information from Exelon.
Specifically, the NRC requested that Exelon provide its most current plan to meet the NRC's financial assurance requirements for LGS, Unit 1, as of December 31, 2010. On February 23, 2012, Exelon provided a response to this second RAI (ADAMS Accession No. ML12054A256).
In the letter dated February 23,2012, Exelon indicated that its most current plan involves a combination of two funding mechanisms. The first mechanism relates to filing the Nuclear Decommissioning Cost Adjustment with the Pennsylvania Public Utilities Commission with unspecified proposed adjustments to the current amount to be collected by the ratepayers for LGS, Unit 1. The second funding mechanism is a parent company guarantee of $115 million from Exelon Corporation, the parent company of Exelon Generation Company, LLC. In addition, in that letter, Exelon provided the current decommissioning trust fund amount and the minimum funding according to the calculation in 10 CFR 50.75(c), as of December 31,2011.
Based upon the provisions of 10 CFR 50.75(e)(2), the NRC staff will continue its review of the decommissioning information provided by Exelon as of December 31, 2011, in order to determine whether reasonable assurance that funds will be available for the decommissioning process for LGS, Unit 1, has been provided. The NRC staff will notify Exelon by separate letter if further information is needed to support this review. Based on these considerations, administratively, TAC No. ME5487 will be closed, and the ongoing review will be captured by a separate TAC number.
M. Pacilio
-2 Please contact me at 301-415-2833, if you have any questions.
Sincerely,
/7 PMt4~
Peter Bamford, Project Manager Plant Licensing Branch 1-2 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-352 cc: Distribution via Listserv
M. Pacilio
- 2 Please contact me at 301-415-2833, if you have any questions.
Sincerely, Ira!
Peter Bamford, Project Manager Plant Licensing Branch 1-2 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-352 cc: Distribution via Listserv DISTRIBUTION:
PUBLIC RidsOgcRp Resource RidsAcrsAcnw_MailCTR Resource RidsNrrlfaib Resource RidsRgn 1 MailCenter Resource RidsNrrDorlDpr Resource RidsNrrPMLimerick Resource RidsNrrLAABaxter Resource ADAMS Accession Number: ML120720382 LPLI-2 RtF ASzabo, NRR RidsNrrDorlLpl1-2 Resouce