ML12137A090

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Decommissioning Funding Status Report
ML12137A090
Person / Time
Site: Indian Point Entergy icon.png
Issue date: 05/29/2012
From: Christopher Regan
Division of Inspection and Regional Support
To: George Wilson
Plant Licensing Branch 1
Dusaniwskyj M
Shared Package
ML12137A040 List:
References
Download: ML12137A090 (5)


Text

Datasheet 1 Decommissioining Funding Assurance Analysis As of December 31, 2011 For Plant Name: Indian Point Unit 1 Docket Number: 50-003 1 Estimated Cost of Remaining Decommissioing Activities as Stated in Most Recent SSCE update: $476,840,000 2 The total amount of dollars accumulated at the end of the appropriate year: (see below)

Licensee:  % Owned: Amount in Trust Fund:

Entergy Nuclear Operations 100.00% $300,761,000 Total Trust Fund Balance $300,761,000 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)

Rate of Rate(s) of Escalation Real Rate Return on Other Rate of Return Earnings Factors 2.00% 0.00% N/A 2.00%

5 Any contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v): None 6 Any modifications to licensee's method of providing financial assurance since last report: None 7 Any material changes to trust agreements: None DECOMMISSIONING STATUS Current Status of Reactor (DECOM, SAFSTOR, ENTOMB): SAFSTOR Projected/Actual Start-Date of Decommissioining Activities (Year): 2066 Projected End-Date of Decommissioing Activities (Year): 2073 Spreadsheet created by: Aaron Szabo, Shawn Harwell Signature: _______________________________________________ Date: ______________________ Formulas verified by: Clayton Pittiglio

Indian Point Unit 1 Decommissioing/SAFSTOR Cost Analysis (Beginning Balance - Cost) * (1 + ERR) = End Balance Reporting Year: 2012 Current Amount Reported in DTF: $300,761,000 Rate of Return During SAFSTOR/Decom: 2.00%

Projected End-Date of Decom Activities: 2073 Escalation Rate (if applicable): 0.00%

Real Rate of Return: 2.00%

Year /

Payment Payment Rate of Return Projected

  1. Year Beginning Balance: Amount: on Earnings: Earnings: End Balance:

1 2012 $300,761,000 $0 2.00% $6,015,220.00 $306,776,220 2 2013 $306,776,220 $1,150,000 2.00% $6,112,524.40 $311,738,744 3 2014 $311,738,744 $4,600,000 2.00% $6,142,774.89 $313,281,519 4 2015 $313,281,519 $4,600,000 2.00% $6,173,630.39 $314,855,150 5 2016 $314,855,150 $2,888,000 2.00% $6,239,342.99 $318,206,493 6 2017 $318,206,493 $2,880,000 2.00% $6,306,529.85 $321,633,023 7 2018 $321,633,023 $2,880,000 2.00% $6,375,060.45 $325,128,083 8 2019 $325,128,083 $2,880,000 2.00% $6,444,961.66 $328,693,045 9 2020 $328,693,045 $2,888,000 2.00% $6,516,100.89 $332,321,146 10 2021 $332,321,146 $2,880,000 2.00% $6,588,822.91 $336,029,968 11 2022 $336,029,968 $2,880,000 2.00% $6,662,999.37 $339,812,968 12 2023 $339,812,968 $2,880,000 2.00% $6,738,659.36 $343,671,627 13 2024 $343,671,627 $2,888,000 2.00% $6,815,672.54 $347,599,300 14 2025 $347,599,300 $2,880,000 2.00% $6,894,385.99 $351,613,686 15 2026 $351,613,686 $2,880,000 2.00% $6,974,673.71 $355,708,359 16 2027 $355,708,359 $2,880,000 2.00% $7,056,567.19 $359,884,927 17 2028 $359,884,927 $2,888,000 2.00% $7,139,938.53 $364,136,865 18 2029 $364,136,865 $2,880,000 2.00% $7,225,137.30 $368,482,002 19 2030 $368,482,002 $2,880,000 2.00% $7,312,040.05 $372,914,042 20 2031 $372,914,042 $2,880,000 2.00% $7,400,680.85 $377,434,723 21 2032 $377,434,723 $2,888,000 2.00% $7,490,934.47 $382,037,658 22 2033 $382,037,658 $2,880,000 2.00% $7,583,153.16 $386,740,811 23 2034 $386,740,811 $2,880,000 2.00% $7,677,216.22 $391,538,027 24 2035 $391,538,027 $2,880,000 2.00% $7,773,160.54 $396,431,188 25 2036 $396,431,188 $2,888,000 2.00% $7,870,863.75 $401,414,051 26 2037 $401,414,051 $2,880,000 2.00% $7,970,681.03 $406,504,732 27 2038 $406,504,732 $2,880,000 2.00% $8,072,494.65 $411,697,227 28 2039 $411,697,227 $2,880,000 2.00% $8,176,344.54 $416,993,572 29 2040 $416,993,572 $2,888,000 2.00% $8,282,111.43 $422,387,683 30 2041 $422,387,683 $2,880,000 2.00% $8,390,153.66 $427,897,837 31 2042 $427,897,837 $2,880,000 2.00% $8,500,356.74 $433,518,194 32 2043 $433,518,194 $2,880,000 2.00% $8,612,763.87 $439,250,957 33 2044 $439,250,957 $2,888,000 2.00% $8,727,259.15 $445,090,217 34 2045 $445,090,217 $2,839,000 2.00% $8,845,024.33 $451,096,241 35 2046 $451,096,241 $1,994,000 2.00% $8,982,044.82 $458,084,286 36 2047 $458,084,286 $1,994,000 2.00% $9,121,805.71 $465,212,091 37 2048 $465,212,091 $2,000,000 2.00% $9,264,241.83 $472,476,333 38 2049 $472,476,333 $1,994,000 2.00% $9,409,646.66 $479,891,980 39 2050 $479,891,980 $1,994,000 2.00% $9,557,959.60 $487,455,939 40 2051 $487,455,939 $1,994,000 2.00% $9,709,238.79 $495,171,178 41 2052 $495,171,178 $2,000,000 2.00% $9,863,423.57 $503,034,602 42 2053 $503,034,602 $1,994,000 2.00% $10,020,812.04 $511,061,414 43 2054 $511,061,414 $1,994,000 2.00% $10,181,348.28 $519,248,762 45 2055 $519,248,762 $1,994,000 2.00% $10,345,095.24 $527,599,857

46 2056 $527,599,857 $2,000,000 2.00% $10,511,997.15 $536,111,855 47 2057 $536,111,855 $1,994,000 2.00% $10,682,357.09 $544,800,212 48 2058 $544,800,212 $1,994,000 2.00% $10,856,124.23 $553,662,336 49 2059 $553,662,336 $1,994,000 2.00% $11,033,366.72 $562,701,703 50 2060 $562,701,703 $2,000,000 2.00% $11,214,034.05 $571,915,737 51 2061 $571,915,737 $1,994,000 2.00% $11,398,434.73 $581,320,171 52 2062 $581,320,171 $1,994,000 2.00% $11,586,523.43 $590,912,695 53 2063 $590,912,695 $1,994,000 2.00% $11,778,373.90 $600,697,069 54 2064 $600,697,069 $2,000,000 2.00% $11,973,941.37 $610,671,010 55 2065 $610,671,010 $1,994,000 2.00% $12,173,540.20 $620,850,550 56 2066 $620,850,550 $20,457,000 2.00% $12,007,871.01 $612,401,421 57 2067 $612,401,421 $73,335,000 2.00% $10,781,328.43 $549,847,750 58 2068 $549,847,750 $159,587,000 2.00% $7,805,214.99 $398,065,965 59 2069 $398,065,965 $18,613,000 2.00% $7,589,059.29 $387,042,024 60 2070 $387,042,024 $18,613,000 2.00% $7,368,580.48 $375,797,604 61 2071 $375,797,604 $18,613,000 2.00% $7,143,692.09 $364,328,297 62 2072 $364,328,297 $18,632,000 2.00% $6,913,925.93 $352,610,223 63 2073 $352,610,223 $12,299,000 2.00% $6,806,224.45 $347,117,447 Projected End-Balance of DTF: $347,117,447 Financial Assurance Met (Y/N): Y Signature: Shawn W. Harwell Date: 5/2/2012 Signature: Michael A. Dusaniwskyj Date: 5/7/2012