ML123210122

From kanterella
Jump to navigation Jump to search
Annual Report- Guarantees of Payment of Deferred Premiums
ML123210122
Person / Time
Site: Dresden, Peach Bottom, Oyster Creek, Byron, Braidwood, Limerick, Clinton, Quad Cities, LaSalle, Crane
Issue date: 11/14/2012
From: Good A
Exelon Generation Co
To:
Document Control Desk, Office of Nuclear Reactor Regulation
Shared Package
ML123210126 List:
References
Download: ML123210122 (7)
v • d • e


Text

Attachment 1 transmitted herewith contains Confidential Financial Information.

When separated from Attachment 1, this transmittal document is decontrolled.

10 CFR 140.21 Confidential Financial Information Submitted Under 10 CFR 2.390 November 14, 2012 U.S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, DC 20555-0001 Braidwood Station, Units 1 and 2 Facility Operating License Nos. NPF-72 and NPF-77 NRC Docket Nos. STN 50-456 and STN 50-457 Byron Station, Units 1 and 2 Facility Operating License Nos. NPF-37 and NPF-66 NRC Docket Nos. STN 50-454 and STN 50-455 Clinton Power Station Facility Operating License No. NPF-62 NRC Docket No. 50-461 Dresden Nuclear Power Station, Units 2 and 3 Renewed Facility Operating License Nos. DPR-19 and DPR-25 NRC Docket Nos. 50-237 and 50-249 LaSalle County Station, Units 1 and 2 Facility Operating License Nos. NPF-11 and NPF-18 NRC Docket Nos. 50-373 and 50-374 Limerick Generating Station, Units 1 and 2 Facility Operating License Nos. NPF-39 and NPF-85 NRC Docket Nos. 50-352 and 50-353 Oyster Creek Nuclear Generating Station Renewed Facility Operating License No. DPR-16 NRC Docket No. 50-219 Peach Bottom Atomic Power Station, Units 2 and 3 Renewed Facility Operating License Nos. DPR-44 and DPR-56 NRC Docket Nos. 50-277 and 50-278 Quad Cities Nuclear Power Station, Units 1 and 2 Renewed Facility Operating License Nos. DPR-29 and DPR-30 NRC Docket Nos. 50-254 and 50-265

2012 Annual Report "' Guarantees Payment of Deferred Premiums November 14,2012 Page2

Subject:

Three Mile island Nuclear Station, Unit 1 Renewed Facility Operating License No. DPR-50 NRC DocketNo. 50-289 2012 Annual Report-Guarantees of Payment of Deferred Premiums Pursuant to 10 CFR 140.21, "Licensee guarantees of payment of deferred premiums,"

Exelon Generation Company, LLC, is providing evidence that we maintain a guarantee of payment of deferred premiums in the amount of$17.5 million for each of our reactors. This information is required to be submitted annually on th13 anniversary date on which the indemnity agreement is effective for each of our reactors. Because the indemnity' agreement effective dates vary for each ofour reactors, we submit information for all ofour reactors by November 16 of each yearto demonstrate. ourcompllancewith 10 CFR 140~21.

The Exelon Generation Company, LLC, projected internafcash flow is contained in. The average quarterly cashi flow projection c:ould be drawn on to raise

$297.5 million needed to provide for our payment of retrospective premiums.

MidAmericanEnergy Company. is the. owner of 25 percent ofthe Quad Cities Nuclear Power Station. Additionally; PSEG Nuclear, LLC. is the owner of 50 percent of Peach Bottom Atomic f?ower Station,. Units 2 and 3. This submittal also serves to reflect thtl guarantee of payment of deferred premiums for these co.~owned units.

Peach Bottom Atomic: Power Station, Unit 1* is not included ln this rt~port because this unit is a permanently shutdown reactor in the SAFSTOR status and not subject toithis regulation, Attachment t contains information confidential to Exelon Generation Company, LLC.

Exelon Generation Company, LLC requeststha.Hhe contentsofAtta.chment 1 be withheld from public disclosure.ln*accordancewitb tOCFR 2.390(a)(4)... An affidavit supportingthe 2.390(a)(4) request is contained in Attachment A non-confidential version of the projectea**intemal cash.flow is.contained in*Attachment 3.

lfyou have any questions. aboufthis letter, Ple<ase contact r. Loomis at. (61 0} 765--5510.

Respectfully, Andrew L. Good Chief Financial Officer Exe!on Company, llC

2012 Annual Report - Guarantees of Payment of Deferred Premiums November 14, 2012 Page 3 Attachments:

1 - Confidential Financial Information - Projected Internal Cash Flow 2 - Affidavit 3 - Non-Confidential Financial Information - Projected Internal Cash Flow cc:

Regional Administrator - NRC Region I Regional Administrator - NRC Region III NRC Senior Resident Inspector - Braidwood Station NRC Senior Resident Inspector - Byron Station NRC Senior Resident Inspector - Clinton Power Station NRC Senior Resident Inspector - Dresden Nuclear Power Station NRC Senior Resident Inspector - LaSalle County Station NRC Senior Resident Inspector - Limerick Generating Station NRC Senior Resident Inspector - Oyster Creek Nuclear Generating Station NRC Senior Resident Inspector - Peach Bottom Atomic Power Station NRC Senior Resident Inspector - Quad Cities Nuclear Power Station NRC Senior Resident Inspector - Three Mile Island Nuclear Station, Unit 1

ATTACHMENT 2 Exelon Generation Company, LLC 2012 Annual Report - Guarantees of Payment of Deferred Premiums AFFIDAVIT

ATTACHMENT 2 AFFIDAVIT I, Andrew L. Good, Chief Financial Officer of Exelon Generation Company, LLC (Exelon}, do hereby affirm and state:

1. I am an officer of Exelon authorized to execute this affidavit on its behalf. I am further authorized to review information submitted to the Nuclear Regulatory Commission (NRC) and apply for the withholding of information from disclosure.
2. Exelon is providing information pursuant to 10 CFR 140.21(e}, which constitutes proprietary financial information that should be held in confidence by the NRC pursuant to the policy reflected in 10 CFR 2.390(a)(4), because:
i.

This information (2012 Internal Cash Flow Projection, ATTACHMENT 1) is and has been held in confidence by Exelon.

ii.

This information is of a type that is held in confidence by Exelon, and there is a rational basis for doing so because the information contains sensitive financial information concerning Exelon's projected revenues, and operating expenses.

iii.

This information is being transmitted to the NRC in confidence.

iv.

This information is not available in public sources and could not be gathered readily from other publicly available information.

v.

Public disclosure of this information would create substantial harm to the competitive position of Exelon by disclosing Exelon's internal financial projections to other parties whose commercial interests may be adverse to those of Exelon.

3. Accordingly, Exelon requests that the designated documents be withheld from public disclosure pursuant to the policy reflected in 10 CFR 2.390(a)(4).

Subscribed and sworn before me, A Notary Public in and for the State of Maryland this jLJth day of,VovernbtQ-12 Andrew L. Good Chief Financial Officer

ATTACHMENT 3 Exelon Generation Company, LLC 2012 Annual Report - Guarantees of Payment of Deferred Premiums Non-Confidential Financial Information Projected Internal Cash Flow

Non-Confidential Financial Information Submitted Under 10 CFR 2.390 Contains Non-Confidential Financial Information ATTACHMENT 1 Exelon Generation Company, LLC 20121nternal Cash Flow Projection (Dollars in Thousands) 2012 Projected UNAUDITED Net Income Less Dividends Paid Earnings. (Loss)

Adjustments Depreciation. amortization. and accretion Deferred income taxes and inves1ment tax aedits lmpairmentof certain gen.erating as$ets Net realized and unrealized mark-to:.market transactions Other non-cash op.eratlng activities Internal Gash FloW Av~ge Ou~rt:erly Cash Flow percentage Ownershir;>

Braidwood Statton., UnitS 1 and 2 Byron Station, Units 1 and 2 Dresden Nuclear Power Sta1lon,Unl1s 2and3 LfiASalte*COuntyStation, Units 1 and,.2 Limerick Generating $tation, Units 1i and 2 Peach Bo!Wm Atomic Power Statiott,. Units 2 and 3 ""

Quad Cities Nuclear Power Siation. Units: 1 and 2....,.

Clinton. Power St~!lon oYster creek' Nuclear'Genemtlng<~on Three Mil~ hslaM. unit 1 100%

100°k 100%

100°k 100%

100%

100%

100%

100%

100%

MaXimumT,otaiConting~nt,Uabil!.ty...

...... $297'.5M

.. PSE:e* Nuctee:r t.L(J is th'l:t owner of 50.% of Pi1N1.ab Bottom Atomic Pow~Ar St~tion; Units 2 and\\3

  • "'MJoAml$i~Oan Ene~gyco~hyl!i'the uwnerof2fl% *of the QUad Cites NuctearPCJVo~erS.tation PadicipatiorJ and reimtJui'Sement to ExeJon by the co-own~ for theiroblif}ation.s are governed:

bY agreements tJetW$fiiln the respectiVtfl co.,own~r~ and Exf!ll¢n:.

Exeton Generation obligations to pay Cou;J:jfication.*.

LLC has sufficient cash flow to ensure tftat Us s under>1 0 CFR *Part 140 will be met.

C.ert:ified By*:..___-'<,;'--

An rew L GoOd Chief Finant:ial Officer Exelon GeneratiorfCompany, Ll.C

Retrieved from "https://kanterella.com/w/index.php?title=ML123210122&oldid=5248251"