ML17114A062

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Supplemental Information Regarding Decommissioning Funding Status Report
ML17114A062
Person / Time
Site: Beaver Valley
Issue date: 04/24/2017
From: Halnon G
FirstEnergy Nuclear Operating Co
To:
Document Control Desk, Office of Nuclear Reactor Regulation
References
L-17-12
Download: ML17114A062 (5)


Text

FENOC ffiBr'BtN,d'at+'s&sC",h 341 WhitePondDr.

Akron, Ohio44320 April24,2017 L-17-120 10cFR50.75 ATTN: DocumentControlDesk U. S. NuclearRegulatory Commission Washington, DC 20555-0001

SUBJECT:

BeaverValleyPowerStation,UnitNo. 1 DocketNo.50-334,LicenseNo.DPR-66 Supplemental Information Resarding Decommissionino FundinqStatusReportfor BeaverVallevPowerStation.UnitNo. 1 By letterdatedMarch24,2017(Accession No.ML170838'221) FirstEnergy Nuclear OperatingCompany(FENOC)submittedthe biennialdecommissioning fundingstatus reportsfor its nuclearoperatingfacilitiesin accordance with 10 CFR50.75,"Reporting and recordkeeping for decommissioning planning,"paragraph (0(1).Subsequent to the submittal, FENOCidentified thefirstnumberin the beginning balancefor theyear2030 was inadvertently omittedon the BeaverValleyPowerStation,Schedule2, "Calculation of a Site-Specific CashFlowAnalysis."In the originalsubmittal the beginning balancefor the year2030was reportedas $70,741,588 andshouldhavebeenreportedas $370,741,588.

Omissionof the numberdoesnot affectthe endingbalancefor year2030or the overall endingbalanceas reportedin the originalsubmittal.Theadministrative errorhasbeen enteredintothe FENOCcorrective actionprogram.The attachment providesthe updated information.

Thereare no regulatory commitments containedin this letter. lf thereare any questions, or if additional information pleasecontactMr.ThomasA. Lentz, is required, Manager - FleetLicensing, at 330-315-6810.

Sincerely, VicePresident, RegulatoryAffairs

BeaverValleyPowerStation,UnitNo. 1 L-17-120 Page2

Attachment:

Decommissioning FundingStatusReport- BeaverValleyPowerStation,UnitNo. 1, Schedule2, Calculation CashflowAnalysis of a Site-Specific cc: NRCRegionI Administrator NRCResidentInspector NRRProlectManager DirectorBRP/DEP SiteBRP/DEPRepresentative

Attachment L-17-120 Decommissioning FundingStatusReport- BeaverValleyPowerStation,UnitNo. 1 Page1 of 3 Schedule 2 Calculation of a Site-Specific CashFlowAnalysis Thesite-specific costestimatefor the radiological decommissioning of the BeaverValley PowerStation,UnitNo.1 is $711,726,383. Theminimum decommissioning fundestimate, pursuant to 10CFR50.75(c) is $a81,892,880. SinceRegulatory Guide (RG) 1.159, "Assuring TheAvailability Of FundsFor Decommissioning NuclearReactors," statesthat the site-specificcostshouldbe equalto or greater thanthe costcalculated 10 CFR by 50.75(c), the RG is satisfied.

A two percent rate of return was used in the analysis. The analysis also assumesa period of safe storage. Theseinputs to the analysisare consistentwith 10 CFR 50.75(e)(1). The analysisis based on 2016 dollars.

The analysiscontainsexpensesbasedon the site-specificdecommissioningcost estimate. The analysis conservatively assumesthat expensesduring a year are incurred at the beginning of year.Mathematical rounding was performed duringthe development of the supporting calculations.

Beginning Ending Year Balance Deposits Earnings Withdrawall'2 Balance 2017 286.595.306 5,731,906 292.327.212 2018 292.327,212 5,846,544 298.173,756 2019 298.173.756 5.963.475 304.137,231 2020 304.1 37.231 6.082.745 310.219.976 2021 310,219,976 6.204,400 316.424.376 2022 316,424.376 6,328,488 322.752,863 2023 322.752.863 6.455.057 329,207,920 2024 329.207.920 6.584.158 335.792.079 2025 335.792.079 6,715,842 342.507.920 2026 342,507,920 6,850,158 349.358,079 2027 349,358,079 6,987,162 356,345,240 2028 356.345.240 7.126.905 363.472,145 2029 363.472.145 7,269,443 370.741.588 2030 370,741,588 7,414,832 378,156,420 2031 378.156.420 7,563.128 385,719,548 2032 385.719.548 7.714.391 393,433,939 2033 393.433.939 7,968,679 401,302,618 2034 401,302,618 8,026,052 409,328,670 2035 409,328,670 8,186,573 417,515,244 2036 417.515.244 7.298.033 (52,613,575) 372.199.702 2037 372.199.702 6.363,388 (54,030,281) 324.532.809 2038 324,532,809 6,412,986 (3.883.529) 327.062,266 2039 327,062,266 6,463,575 (3.883.529) 329.642,312 2040 329.642,312 6.514.964 (3.894.093) 332,263,183

Attachment L-17-120 Page2 of 3 Beginning Ending Year Balance Deposits Earninos Withdrawalr'2 Balance 2041 332.263.183 6.567.593 (3.883.529) 334,947,247 2042 334.947.247 6.621.274 (3.883.529) 337,684,992 2043 337.684.992 6,682,305 (3,569.762) 340.797.535 2044 340.797.535 6,744,894 (3.552.858) 343,989,571 2045 343,989,571 6,808,924 (3.543.350) 347,255,145 2046 347.255.145 6.874.236 (3,543,350) 350,586,030 2047 350.586.030 6.940.854 (3.543,350) 353,983,534 2048 353.983.534 7.008.614 (3,552,858) 357,439,289 2049 357,439,289 7.077,919 (3.543.350) 360,973,857 2050 360.973.857 7.148.610 (3.543.350) 364,579,117 2051 364.579.117 7.220.715 (3,543,350) 368.256.482 2052 368.256.482 7,294.072 (3,552,858) 371.997.696 2053 371.997,696 7,369,087 (3.543.350) 375,823,433 2454 375,823,433 7.445.602 (3.543.350) 379,725.684 2055 379.725.684 7.523.647 (3,543,350) 383,705,981 2056 383.705.981 7.603.062 (3,552,858) 387.756.185 2057 387,756,185 7,684,257 (3,543,350) 391,897,091 2058 391,897,091 7.767.075 (3.543.350) 396,120,816 2059 396,120,816 7.851.549 (3,543,350) 400,429,015 2060 400.429.015 7.937.523 (3,552,858) 404.813.679 2061 404,913,679 8,025,407 (3,543,350) 409.295,736 2062 409,295,736 8 , 11 5 , 0 4 8 (3.543.350) 413,867,433 2063 413,867,433 8.206.482 (3.543.350) 418,530,564 2064 418.530.564 8.299.554 (3.552.858) 423.277.260 2065 423.277.260 8,394,678 (3,543,350) 428,128,588 2066 428,128,588 8,491,705 (3,543,350) 433,076,942 2067 433,076,942 8,590,672 (3.543.350) 438,124,264 2068 438,124,264 8.691.428 (3.552.858) 443.262.834 2069 443.262.834 8,794,390 (3.543,350) 448,513,873 2070 448.513.873 8,899,410 (3,543,350) 453,869,933 2071 453,869,933 9,006,532 (3.543.350) 459.333,115 2072 4 5 9 , 3 3 3 ,115 9.115.605 (3.552.858) 464,895,861 2073 464.895.861 9.227.050 (3,543,350) 470,579,561 2074 470,579,561 9,340,724 (3.543.350) 476,376,935 2075 476,376,935 9.456.672 (3.543.350) 482,290,257 2076 482.290.257 9.572.107 (3,684,915) 488.177.448 2077 4 8 8 . 1 7 .74 4 8 9.690.062 (3.674,351) 494.193.159 2078 494.193.159 9,810,376 (3,674,351) 500.329,185 2079 500,329,185 9,933,097 (3.674.351) 506,587,931 2080 506,587,931 10.058.060 (3.684.915) 512,961,076

Attachment L-17-120 Page3 of 3 Beginning Ending Year Balance Deposits Earnings Withdrawall'2 Balance 2081 512.961.076 1 0 . 1 8 5 , 7 3 5 (3,674,351) 519,472,460 2082 519,472.460 1 0 . 3 1 5 , 9 6 2 (3.674.351) 526,114,071 2083 526.114.071 10.448.794 (3.674.351) 532.888.515 2084 532.888.515 10.584.072 (3,684,915) 539.787.672 2085 539.787.672 10,722,266 (3,674,351) 546,835,587 2086 546,835,587 10,863,225 (3.674.351) 554,024.461 2087 554.024,461 1 1 , 0 0 7 , 0 0 2 (3.674.351) 5 6 1 , 3 5 7 , 1 1 3 2088 561.357,113 11.073.407 (7.686.767) 564,743,753 2089 564.743.753 10.349.453 (47,271,082) 527.822.124 2090 527,822,124 9,314,370 f i 1 2 , 10 3 , 6 1 6 ) 424,032,878 2091 424,032,878 6,168,859 ( 1 1 5 . 5 8 9 . 9 1 83) 1 4 , 6 1 1 , 8 1 9 2092 314,611,819 4.995.163 (64.853.664) 254.753.319 2093 254.753.319 4,127,839 (48.361,344) 210.519.814 2094 210,519,814 4,144,727 8,283,462) 211.381,079 2095 211,381,079 3,765,634 (23,099,390) 192,047,323 2096 192.047.323 3.798.456 Q.124.531) 193.721.248 2097 193.721.248 3.871.953 (123,605) 197.469.595 (711,726,383)

Notes:

1. Reflectsthe SAFSTOR methoddescribed in Reference A.
2. Withdrawals assumedto be madeat beginningof period.

References:

A. Decommissioning Cosf Analysisfor the BeaverValleyPower Station, December 2014.