LR-N13-0170, Response to Request for Additional Information - 2013 Decommissioning Funding Status Report
| ML13241A196 | |
| Person / Time | |
|---|---|
| Site: | Peach Bottom, Hope Creek  |
| Issue date: | 08/28/2013 |
| From: | Duke P Public Service Enterprise Group |
| To: | Office of Nuclear Reactor Regulation, Document Control Desk |
| References | |
| LR-N13-0170, TAC MF2202, TAC MF2227, TAC MF2228 | |
| Download: ML13241A196 (4) | |
Text
AUG 28,2013 LR-N 13-0 170 PSEG Nuclear LLC P,O, Box 236, Hancocks Bridge, NJ 08038-0236 Nucier£1' lLC 10 CFR 50.75 U.S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, DC 20555-0001
Subject:
References:
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 Hope Creek Generating Station Renewed Facility Operating License No, NPF-57 NRC Docket No. 50-354 Response to Request for Additional Information - 2013 Decommissioning Funding status Report (1 )
PSEG letter LR-N13-0059, NRC Decommissioning Funding Status Report, dated March 26, 2013 (2)
NRC Letter to Mr. Thomas Joyce, Hope Creek Generating Station and Peach Bottom Atomic Power Station, Units 2 and 3 - Request for Additional Information Regarding Decommissioning Funding Status Report (TAC Nos. MF2202, MF2227 and MF2228), dated August 12, 2013 In Reference 1 PSEG Nuclear LLC (PSEG) submitted a status report of decommissioning funds, as required by 10 CFR 50. 75(f)(1). In Reference 2 the NRC provided PSEG a Request for Additional Information (RAI) regarding the Reference 1 report. Attachment 1 to this submittal provides the responses to the RAI.
There are no commitments contained in this letter.
If you have any questions or require additional information, please do not hesitate to contact Ms.
Emily Bauer at 856-339-1023.
AUG 28 2013 LR-N13-0170 Page 2 Sincerely,
\\I{,J~y Paul R. Duke, Jr.
Licensing Manager - Response to Request for Additional Information cc:
Mr. W. Dean, Administrator, Region I, NRC Mr. J. Hughey, Project Manager, NRC Mr. R. Ennis, Project Manager, NRC NRC Senior Resident Inspector, Hope Creek NRC Senior Resident Inspector, Peach Bottom Mr. P. Mulligan, Manager IV, NJBNE Mr. L. Marabella, Corporate Commitment Tracking Coordinator Mr. P. Bonnett, Hope Creek Commitment Tracking Coordinator 10 CFR 50.75 LR-N13-0170 Response to Request for Additional Information By letter dated March 26, 2013 (Agencywide Documents Access and Management System Accession No. ML13085A284), PSEG submitted to the Nuclear Regulatory Commission (NRC) the 2013 Decommissioning Funding Status (DFS) report for the Hope Creek Generating Station (Hope Creek) and for the Peach Bottom Atomic Power Station, Units 2 and 3 (Peach Bottom),
as required under 10 CFR 50.75(f)(1).
RAI 1: Reporting Requirements Indicate what portion of the accumulated fund balances are for radiological decommissioning activities only. Specify if any of the $448,673,976 for Hope Creek, the $246,506,792 for PBAPS Unit 2, and the $249,543,711 for PBAPS Unit 3, is for non-radiological decommissioning costs such as spent fuel management or other non-radiological decommissioning activities.
On March 26, 2013, PSEG provided the amount accumulated in the decommissioning trust fund at the end of the calendar year preceding the date of the report for items included in 10 CFR 50.75 (b) and (c). Confirm that the dollar amounts identified above are exclusively for radiological decommissioning.
Per 10 CFR 50.75(f)(1), licensees must identify "the amount accumulated to the end of the calendar year preceding the date of the report." This actual amount is dedicated for NRC decommissioning activities as defined in 10 CFR 50.2.
Pursuant to the PSEG Nuclear LLC Master Trust Agreement executed in August of 2000, Article 2.02 stipulates that the trust fund assets shall be limited to expenses related to decommissioning of the Plants [either Hope Creek, Salem Unit 1 and 2, or Peach Bottom Unit 2 and 3] as defined by the NRC in its regulations and issuances, and as provided in the units' licenses and any amendments thereto. Upon completion of decommissioning, the assets may then be used for any purpose authorized by law. Therefore, the fund must be used exclusively for NRC decommissioning needs before funding non-radiological decommissioning activities.
RAI 2: Amounts Accumulated Indicate if the amount of decommissioning funds identified in the March 26, 2013, submittal are for the after-tax amounts of decommissioning funds accumulated through December 31,2012.
If not, please provide the after-tax amounts of decommissioning funds accumulated through December 31, 2012, for Hope Creek, PBAPS Unit 2, and PBAPS Unit 3.
On March 26, 2013, PSEG reported the amount of decommissioning funds accumulated as of December 31,2012, for Hope Creek, PBAPS Unit 2, and PBAPS Unit 3, but did not indicate if the amount stated was the before or after-tax balance.
The provisions of 10 CFR 50. 75(f)(1) and (2) require the licensee to report the amount of funds accumulated to the end of the calendar year preceding the report.
1 LR~N13-0170 PSEG Response to RAI 2:
The table below provides the after-tax market values for the trust as of December 31, 2012.
Plant After-tax amount of funds accumulated through December 31, 2012 ($ Thousands)
Hope Creek 437,528 Peach Bottom Unit 2 242,056 Peach Bottom Unit 3 244,769 The after-tax values were developed by applying a 20% federal tax rate on the qualified unrealized gain position as of December 2012. No adjustment was made to the non-qualified component of the trust as all tax payments are made by the Company and not the trust.
2