L-2017-081, Decommissioning Funding Status Reports/Independent Spent Fuel Storage Installation (ISFSI) Financial Assurance Update (ML17093A722) - Revision

Decommissioning Funding Status Reports/Independent Spent Fuel Storage Installation (ISFSI) Financial Assurance Update (ML17093A722) - Revision

ML17130A921
Person / Time
Site:	Saint Lucie, 07200061
Issue date:	05/08/2017
From:	Larry Nicholson Florida Power & Light Co
To:	Document Control Desk, Office of Nuclear Material Safety and Safeguards, Office of Nuclear Reactor Regulation
References
L-2017-081
Download: ML17130A921 (4)

Text

_...

L-2017-081 MAY 0 8 2017 10 CFR 50.75(f)(1) 10 CFR 72.30(c)

Nuclear Regulatory Commission Attn: Document Control Desk Washington, DC 20555-0001 7l-~I RE: St. Lucie Units 1 and 2 Docket Nos. 50-335 and 50-389 Decommissioning Funding Status Reports I Independent Spent Fuel Storage Installation (ISFSI) Financial Assurance Update (ML-17093A722) - REVISION By letter dated March 30, 2017 (L-2017-040), Florida Power and Light Company (FPL) submitted the Decommissioning Funding Status Reports (DFS) and Independent Spent Fuel Storage Installation (ISFSI)

Financial Assurance Updates pursuant to 10 CFR 50.75(f)(1) and 10 CFR 72.30(c), for St. Lucie Units 1 and 2.

Following submittal to the NRC and during internal FPL discussions related to the information provided in FPL submittal L-2017-040, it was noted that the St. Lucie decommissioning fund balance had been slightly understated (i.e., the correct values are larger than originally provided). The purpose of this letter is to update the decommissioning fund status reports for the St. Lucie units. Please find attached the revised tables where the strike-through is the value that was supplied to NRC in the March 30, 2017 submittal, and the new higher value is provided below the strike-through.

These small-scale changes did not affect the other units included with the report. In keeping with FPL's high standards of excellence, this issue was entered into the corrective action system for review and action.

This letter contains no new commitments and no revisions to existing commitments.

Should there be any questions, please contact Pam Metz at (561) 904-5189.

/~

Larr~icholson Nuclear Licensing and Regulatory Compliance Director Enclosure (1)

Florida Power & Light Company 700 Universe Boulevard, Juno Beach, FL 33408

Enclosure 1 Revision - Decommissioning Funding Status Reports 10 CFR 50.75(f)(1)

St. Lucie Units 1 and 2

r St. Lucie Nuclear Plant - Unit 1 Florida Power and Light Company (FPL),

Decommissioning Funding Status Report

1. The minimum decommissioning fund estimate pursuant to 10 CFR 50.75{b) and {c).

Plant Owner{% Ownership) NRC Minimum {a)

FPL (100%) 468,366,936 (a) Refer to St. Lucie Unit 1 for calculation assumptions

2. The amount accumulated at the end of the calendar year preceding the date of the report. (Trust fund balance is net of taxes)

Total 1 FPL (100%) ~.G~4.~77,9G9 1,016, 752,531

3. Projected Funds at Shutdown (2% real rate of return).

Total FPL (100%) (see note (b)) ~ ,4B2,eBa,rn2 1,486,449, 171

{b) Pursuant to Florida Public Service Commission (FPSC) Order No. PSC-16-0250-PAA-EI, customer contributions to the decommissioning trust remain at zero effective June 29, 2016.

4. Any contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v). None

5. Any modifications to a licensee's method of providing financial assurance occurring since the last submitted report. None

6. Any material changes to trust agreements.

None 1

NRC letter dated November 26, 2008, St. Lucie Plant, Unit Nos. 1 and 2 - Biennial Decommissioning Funding Report (TAC Nos.

MD9354 and MD9355), directed FPL to report all funds within the trust as designated for radiological decommissioning purposes since FPL does not earmark each cost component of decommissioning within the trust. However, the trust includes non-earmarked funds for spent fuel management and site restoration purposes collected at the direction of the Florida Public Service Commission (FPSC). FPL understands that under NRC guidance, either an order of the FPSC or an NRC exemption would be necessary to utilize the funds for these non-radiological purposes. For informational purposes only, St. Lucie Unit 1 allocates the trust account amounts by license termination, spent fuel management and site restoration costs based on assumptions from the decommissioning cost study filed in December 2015 with the FPSC.

St. Lucie Nuclear Plant - Unit 2 Florida Power and Light Company (FPL),

Florida Municipal Power Agency (FMPA),

Orlando Utilities Commission (OUC)

Decommissioning Funding Status Report

1. The minimum decommissioning fund estimate pursuant to 10 CFR 50.75(b) and (c).

Plant Owner(% Ownership) NRC Minimum (a)

FPL (85.10449%) 398,601,292 FMPA (8.806%) 41,244,392 ouc (6.08951 %) 28,521,251 Total 468,366,936 (a) Refer to St. Lucie Unit 2 for calculation assumptions

2. The amount accumulated at the end of the calendar year preceding the date of the report. (Trust fund balances are net of taxes)

Total 2 FPL (85.10449%) 8a9,e8a,9G7 860,941,960 FMPA (8.806%) 73,909, 113 ouc (6.08951 %) 41,044,267 Total 974,637,286 975,895,340

3. Projected Funds at Shutdown (2% real rate of return). -1 Total FPL (85.10449%) (see note (b)) ~ ,44e,a9a,79e-1,448, 710, 729 FMPA (8.806%) (see note (c)) 124,367,181 OUC (6.08951%) (see note (c)) 69,065,364 Total ~ ,640.,026,34~

1,642,143,274 (b) Pursuant to Florida Public Service Commission (FPSC) Order No. PSC-16-0250-PAA-EI, customer contributions to the decommissioning trust remain at zero effective June 29, 2016.

(c) Assumes no contributions to the fund.

4. Any contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v). None

5. Any modifications to a licensee's method of providing financial assurance occurring since the last submitted report. None

6. Any material changes to trust agreements.

None 2

NRG letter dated November 26, 2008, St. Lucie Plant, Unit Nos. 1 and 2 - Biennial Decommissioning Funding Report (TAC Nos.

MD9354 and MD9355), directed FPL to report all funds within the trust as designated for radiological decommissioning purposes since FPL does not earmark each cost component of decommissioning within the trust. However, the trust includes non-earmarked funds for spent fuel management and site restoration purposes collected at the direction of the Florida Public Service Commission (FPSC). FPL understands that under NRC guidance, either an order of the FPSC or an NRC exemption would be necessary to utilize the funds for these non-radiological purposes. For informational purposes only, St. Lucie Unit 2, allocates the trust account amounts by license termination, spent fuel management and site restoration costs based on assumptions from the decommissioning cost study filed in December 2015 with the FPSC.