ML17265A612

Forwards Rept on Status of Decommissioning Funding for Re Ginna Npp,For Which Rg&E Is Sole Owner,Per 10CFR50.75. Data Presented Herein,Current as of 981231

ML17265A612
Person / Time
Site:	Ginna
Issue date:	03/29/1999
From:	Mecredy R ROCHESTER GAS & ELECTRIC CORP.
To:	NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
NUDOCS 9904070196
Download: ML17265A612 (5)

Text

CATEGORY" 1 REGULA RY INFORMATION DISTRIBUTION SYSTEM (RIDS)

ACCESSION NBR:9904070196 DOC.DATE: 99/03/29 NOTARIZED: NO DOCKET I FACIL:50-244 Robert Emmet Ginna Nuclear Plant, Unit 1, Rochester G 05000244 AUTH.NAMp ~ AUTHOR AFFILIATION MECREDY,R.C. Rochester Gas E Electric Corp.

RECIP.NAME RECIPIENT AFFILIATION Records Management Branch (Document Control Desk)

SUBJECT:

Forwards rept on status of decommissioning funding for RE Ginna NPP,for which RG&E is sole owner.

DISTRIBUTION CODE: AOOID TITLE: OR COPIES RECEIVED:LTR Submittal: General Distribution 1 ENCL L SIRE:

T NOTES:License Exp date in accordance with 10CFR2,2.109(9/19/72) . 0500024$

RECIPIENT COPIES RECIPIENT COPIES ID CODE/NAME LTTR ENCL ID CODE/NAME LTTR ENCL 0

PD1-1 LA 1 1 PD1-1 PD 1 1 VISSING,G. 1 1 INTERNAL: ~LE CENTER 0 1 1 NRR/DE/ECGB/A 1 1 NRR/DE/EMCB 1 1 NRR/DRCH/HICB 1 1 NRR/DSSA/SPLB 1 1 NRR/DSSA/SRXB 1 1 NRR/SPSB JUNG,I 1 1 NUDOCS-ABSTRACT 1 1 OGC/HDS3 1 0 EXTERNAL: NOAC 1 1 NRC PDR D

0 E

N NOTE TO ALL "RIDS" RECIPIENTS:

PLEASE HELP US TO REDUCE WASTE. TO HAVE YOUR NAME OR ORGANIZATION REMOVED FROM DISTRIBUTION LISTS OR REDUCE THE NUMBER OF COPIES RECEIVED BY YOU OR YOUR ORGANIZATION, CONTACT THE DOCUMENT CONTROL DESK (DCD) ON EXTENSION 415-2083 TOTAL NUMBER OF COPIES REQUIRED: LTTR 14 ENCL 13

~, ~

ANn ROCHESlER+~AS AND EIECTR1C CORPORAVON ~ 89 EASTAYENUE, ROCHESTER, N. Y Iddd9-0001 AREA CODE716 546-2700 ROBERT C. MECREDY Vice President Nvdeor operations March 29, 1999 U.ST Nuclear Regulatory Commission Document Control Desk Mail Stop OPI-17 Washington, D.C. 20555-0001

Subject:

Decommissioning Funding Status Report R. E. Ginna Nuclear Power Plant Docket No. 50-244 Gentlemen:

Pursuant to 10 C.F.R. 550.75, Rochester Gas and Electric (RGEE) submits the following report on the status of decommissioning funding for R. E. Ginna Nuclear Power Plant, for which RG&E is the sole owner. The data presented herein, current as of December 31, 1998, is that required by 10 C.F.R. 550.75 (f)(1), and reflects the best information available to RGRE at this time. Unless otherwise indicated, the amounts are in 1998 dollars.

Ve ruly yours, Robert C. Me redy Attachments CC: U.S. Nuclear Regulatory Commission Attn: Robert Wood Mail Stop 011-Fl Washington, D.C. 20555-0111 Mr. Guy S. Vissing (Mail Stop-8C2)

Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, D. C. 20555 (, t g L3 4 J Do~

Sean Higman Tom Yurik

'tt9032'st 'ttctt04070i'st6 PDR ADQCK 05000244 PDR

C ATTACHMENT 1 ROCHESTER GAS AND ELECTRIC CORPORATION REPORT REGARDING DECOMMISSIONING FUNDING R.E. GINNA NUCLEAR POWER PLANT MARCH 29, 1999 The amount of decommissioning funds anticipated to be required, in accordance with the NRC minimum certification funding amount formula (10 C.F.R. 5550.75(b) and (c)) for decommissioning.

244 695 469.00

2. The amount of funds accumulated to the end of calendar year 1998 for NRC decommissioning.

160 500 000.00*

• Amount includes funding for spent fuel storage after plant shutdown, approximately 32% of total funding.

3. A schedule of the annual amounts remaining to be collected (through 2009).

17 632 000.00**

• • Funding based on 1995 site-specific study which includes estimated costs for storage of spent fuel, approximately 32%

of total funding. The amount indicates equal annual payments.

The assumptions used regarding escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections.

Assumed decommissioning cost escalation rate.

Assumed rates of earnings after taxes on decommissioning funds, for qualified and non-qualified funds, respectively.

6.4% and 4.77%

Rates of other factors used in funding projections.

N A

5. Any contracts upon which Rochester Gas and Electric

Corporation is relying pursuant to 10 C.F.R. 550.75 (e) <1) (v) .

None

6. Any modifications to Rochester Gas and Electric Corporation's current method of providing financial assurance costs associated with decommissioning, as reported herein, reflect the activities necessary to decommission the facility, as defined in 10 C.F.R. 550.2, occurring since the last submitted report.

None 7 ~ Any material changes to trust agreements.

None