ML18153C305

Advises That Util Submitted Decommissioning Funding Plan & Financial Assurance Info W/Isfsi License Application

ML18153C305
Person / Time
Site:	Surry, 07200002
Issue date:	07/26/1990
From:	Stewart W VIRGINIA POWER (VIRGINIA ELECTRIC & POWER CO.)
To:	NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
90-425, NUDOCS 9008010238
Download: ML18153C305 (2)

Text

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.:I ' e VIRGINIA ELECTRIC AND POWER COMPANY RICHMOND, VIRGINIA 23261 July 26, 1990 U.S. Nuclear Regulatory Commission Serial No.90-425 Attention: Document Control Desk NL&P/JBUjbl RO Washington, D.C. 29555 Docket No. 72-2 License No. SNM-2501 Gentlemen:

VIRGINIA ELECTRIC AND POWER COMPANY SURRY INDEPENDENT SPENT FUEL STORAGE FACILITY DECOMMISSIONING FUNDING PLAN Virginia Electric and Power Company is the holder of License No. SNM-2501 for an Independent Spent Fuel Storage Installation (ISFSI) located at the site of Surry Power Station. In accordance with the provisions of 10 CFR 72.18, we submitted information with our ISFSI license application concerning the decommissioning of the ISFSI, including information that provided reasonable assurance that the planned decommissioning would be carried out. Upon review of this and other required information, the NRC issued the Surry ISFSI license on July 2, 1986. On June 27, 1988, the NRC published its final rule on decommissioning which, among other things, amended the Part 72 regulations concerning decommissioning of an ISFSI (53 FR 24018). On August 19, 1988 (53 FR 31651 ), 10 CFR 72.18 was renumbered as 10 CFR 72.30.

Section 72.30 continues to require the submittal of a decommissioning plan with an ISFSI license application. However, as amended, 72.30(b) also requires that each application contain specific information concerning decommissioning financing in the decommissioning funding plan. In addition, acceptable financial assurance methods are provided in the new regulation 10 CFR 72.30(c). By the terms of the amended Section 72.30, these new financial assurance requirements appear to apply only to ISFSI license applicants. Section 72.30 contains no provision for applying the new funding assurance requirements to holders of existing ISFSI licenses.

Based upon this understanding, Virginia Electric and Power Company believes the amended Section 72.30(b) funding availability requirements apply only to new ISFSI license applicants submitted under the revised regulation, and that Sections 72.30(b) and (c) do not impose any additional requirements on our current ISFSI license. We ~

also believe that adequate information regarding Surry ISFSI decommissioning has I {J'J already been submitted and accepted by the staff and that no additional information is v required.

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If our understanding is incorrect or if you have any questions, please contact us.

Very truly yours, Y.l~,~

Senior Vice President - Nuclear cc: U.S. Nuclear Regulatory Commission Region II 101 Marietta Street, N.W.

Suite 2900 Atlanta, Georgia 30323 Mr. W. E. Holland NRC Senior Resident Inspector Surry Power Station