ML12342A007

Isfsis, North Anna, Units 1 & 2, and Isfsis, Millstone, Units 1, 2 & 3, and ISFSI, Kewaunee & ISFSI, Changes to Decommissioning Trust Agreements and Trustee

ML12342A007
Person / Time
Site:	Millstone, Kewaunee, Surry, North Anna, 07200002, 07200055
Issue date:	11/06/2012
From:	Hartz L Dominion Energy Kewaunee, Dominion Nuclear Connecticut, Dominion Resources Services, Virginia Electric & Power Co (VEPCO)
To:	Document Control Desk, Office of Nuclear Material Safety and Safeguards, Office of Nuclear Reactor Regulation
References
12-676
Download: ML12342A007 (4)

Text

Dominion Resources Services, Inc.

Innsbrook Technical Center 5000 Dominion Boulevard, 2SE, Glen Allen, VA 23060 P Dominion November 6, 2012 United States Nuclear Regulatory Commission Serial No.12-676 Attention: Document Control Desk NLOSITJS Rev. 0 Washington, D. C. 20555-0001 Docket Nos. 50-280, 281 50-338, 339 50-245, 336, 423 50-305 72-16,56,2,55,47,64 License Nos. DPR-32, 37 NPF-4, 7 DPR-21, 65 NPF-49 DPR-43 SNM-2507,2501 VIRGINIA ELECTRIC AND POWER COMPANY DOMINION NUCLEAR CONNECTICUT, INC.

DOMINION ENERGY KEWAUNEE, INC.

SURRY POWER STATION UNITS I AND 2 and ISFSIs NORTH ANNA POWER STATION UNITS I AND 2 and ISFSls MILLSTONE POWER STATION UNITS 1. 2 AND 3 and ISFSI KEWAUNEE POWER STATION and ISFSI CHANGES TO DECOMMISSIONING TRUST AGREEMENTS AND TRUSTEE This letter provides notification that Virginia Electric and Power Company (Dominion),

Dominion Nuclear Connecticut, Inc. (DNC) and Dominion Energy Kewaunee, Inc. (DEK) are changing the trustee of their nuclear decommissioning trusts for Surry Units 1 and 2, North Anna Units 1 and 2, Millstone Units 1, 2 and 3, and the Kewaunee Power Station, and are entering into amended and restated trust agreements with the new trustee.

With respect to Millstone, DNC is providing this notification pursuant to Section 5.01 of the nuclear decommissioning trust agreements for Millstone Units 1, 2, and 3 implementing conditions 2.C.6(d), 2.C.8.(d), and 2.C.5(d) of the respective licenses for which the license conditions remain operative under 10 C.F.R. § 50.75(h)(5). With respect to Kewaunee, DEK is providing this notification pursuant to Section 5.01 of the nuclear decommissioning trust agreement for the Kewaunee Power Station implementing 10 C.F.R. § 50.75(h)(1)(iii).

With respect to the changes to the Surry and North Anna units, rio such notification is required by 10 C.F.R. § 50.75(h)(2) as licensees that are electric utilities and thus governed by the agreements for Dominion's rate-regulated units. Nevertheless, Dominion is informing the NRC of these same changes as a courtesy.

Each of these trusts is currently held by Bank of New York Mellon (BNY Mellon).

Dominion, DNC and DEK will be terminating BNY Mellon's services as Trustee effective December 31, 2012, and will be appointing The Northern Trust Company, an Illinois corporation of Chicago, Illinois, as the successor Trustee effective January 1, 2013.

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Serial No.12-676 Trustee Change Page 2 of 4 In connection with this change in Trustee, each of the existing trust agreements are being amended and restated to reflect the new Trustee and to conform to commercial terms acceptable to the new Trustee. Such changes, however, have been kept to a minimum. Other than a change to Section 5.01 of the trust agreements for Kewaunee and Millstone clarifying that material amendments requiring NRC notification include a change in trustee (consistent with the guidance in Regulatory Guide 1.159), the amended and restated agreements do not include any material changes to provisions required by 10 CFR 50.75(h) or license conditions. Copies of each of the amended and restated trust agreements are attached. These amended and restated trust agreements may be executed soon, but are to be made as of January 1, 2013 and will not become effective until the new trustee's appointment takes effect on that date.

Please contact Mr. David A. Sommers at (804) 273-2823 if you have any questions or require additional information.

Sincerely, Leslie N. Hartz Vice President - Nuclearupport Services Virginia Electric and Power Company Dominion Nuclear Connecticut, Inc.

Dominion Energy Kewaunee, Inc.

Attachments: - Amended and Restated Dominion Nuclear Connecticut, Inc. Qualified Nuclear Decommissioning Trust Agreement - Amended and Restated Dominion Nuclear Connecticut, Inc. Non-Qualified Nuclear Decommissioning Trust Agreement - Amended and Restated Dominion Energy Kewaunee, Inc. Qualified Nuclear Decommissioning Trust Agreement - Amended and Restated Dominion Energy Kewaunee, Inc. Non-Qualified Nuclear Decommissioning Trust Agreement - Amended and Restated Virginia Electric and Power Company Qualified Nuclear Decommissioning Trust Agreement - Amended and Restated Virginia Electric and Power Company Non-Qualified Nuclear Decommissioning Trust Agreement Commitments made in this letter: None

Serial No.12-676 Trustee change Page 3 of 4 cc: Director, Office of Nuclear Reactor Regulation (w/attachments)

U. S. Nuclear Regulatory Commission One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 U.S. Nuclear Regulatory Commission, Region I (w/o attachments) 2100 Renaissance Blvd Suite 100 King of Prussia, PA 19406-2713 U.S. Nuclear Regulatory Commission, Region II (w/o attachments)

Marquis One Tower 245 Peachtree Center Avenue, NE Suite 1200 Atlanta, GA 30303-1257 U.S. Nuclear Regulatory Commission, Region III (w/o attachments) 2443 Warrenville Road Suite 210 Lisle, IL60532-4352 ATTN: Document Control Desk (w/o attachments)

Director, Division of Spent Fuel Storage and Transportation Office of Nuclear Material Safety and Safeguards U.S. Nuclear Regulatory Commission Washington, D.C. 20555-0001 Dr. V. Sreenivas (w/o attachments)

NRC Project Manager North Anna / Surry U.S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 Ms. K. R. Cotton (w/o attachments)

NRC Project Manager North Anna / Surry U.S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738

Serial No.12-676 Trustee change Page 4 of 4 Mr. J. S. Kim (w/o attachments)

NRC Project Manager (MPS Units 2 and 3)

U.S. Nuclear Regulatory Commission, Mail Stop 08 C-2A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 Mr. S. J. Giebel (MPS Unit 1) (w/o attachments)

Two White Flint North Mail Stop T-8 F5 11555 Rockville Pike Rockville, MD 20852-2738 Mr. K. D. Feintuch (w/o attachments)

NRC Project Manager U.S. Nuclear Regulatory Commission, Mail Stop 08 H-4A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 Ms. J. Davis (w/o attachments)

NRC Senior Project Manager U. S. Nuclear Regulatory Commission, Mail Stop EBB-E3-D2M One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 NRC Senior Resident Inspector (w/o attachments)

North Anna Power Station NRC Senior Resident Inspector (w/o attachments)

Surry Power Station NRC Senior Resident Inspector (wlo attachments)

Millstone Power Station NRC Senior Resident Inspector (w/o attachments)

Kewaunee Power Station