ML19261A104

NRC-2019-000288 - Resp 1 - Final, Agency Records Subject to the Request Are Enclosed (2014 SONGS Unit 1 Decommissioning Funding Assurance Analysis)

ML19261A104
Person / Time
Site:	San Onofre
Issue date:	09/12/2019
From:	NRC/OCIO
To:
Shared Package
ML19261A098	List: ML19261A095 ML19261A096 ML19261A099 ML19261A100 ML19261A102 ML19261A103 ML19261A104 ML19261A105 ML19261A106 ML19261A107 ML19261A108 ML19261A109 ML19261A110 ML19261A111 ML19261A112 ML19261A113 ML19261A114 ML19261A117
References
FOIA, NRC-2019-000288
Download: ML19261A104 (4)

Text

Datasheet 1 Decommissioining Funding Assurance Analysis As of December 31, 2013 For Plant Name: San Onofre Nuclear Gernerating Station, Unit 1 Docket Number: 50-206 1 Calculated NRC Formula Amount Pursuant to 10 CFR 50.75(b) and (c): $433,700,000 Estimated Total Cost of Decommissioning Activities as Stated in Most Recent SSCE update: $713,000,000 Estimated Cost of Remaining Decommissioing Activities as Stated in Most Recent SSCE update: $191,600,000 2 The total amount of dollars accumulated at the end of the appropriate year: (see below)

Licensee:  % Owned: Amount in Trust Fund:

Southern Cal Edison 80.00% $195,070,800 San Diego Gas & Elec 20.00% $96,552,000 Total Trust Fund Balance $291,622,800 3 Schedule of the annual amounts remaining to be collected: (Provided/None) None 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)

Rate of Rate(s) of Escalation Real Rate Return on Other Rate of Return Earnings Factors 2.00% 0.00% N/A 2.00%

5 Any contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v): None 6 Any modifications to licensee's method of providing financial assurance since last report: None 7 Any material changes to trust agreements: None DFP - 10 CFR 50.82(a)(8)(v)

(A) Cumulative Amount Spent on Decommissioning: $521,400,000 Amount Spent of Decommissioning Over the Previous Calendar Year: $764,000 Remaining Balance of Any Decommissioning Funds: $291,622,800 Amount Provided by Other Financial Assurance Methods: None (B) Estimated Cost of Remaining Decommissioing Activities as Stated in Most Recent SSCE update: $191,600,000 Difference Between Actual and Estimated Costs For Work Performed During Previous Year: $10,442,000 Decommissioning Criteria for SSCE Basis Provided? Provided (C) Any modifications to licensee's method of providing financial assurance since last report: None (D) Any material changes to trust agreements or financial assurance contracts: None DFP - 10 CFR 50.82(a)(8)(vi)

If the sum of the balance of any remaining decommissioning funds, earnings credit, and amount provided by other financial assurance methods does not cover the estimated cost to complete decommissioning, provide additional financial assurance to cover the estimated cost of completion below:

Additional Financial Assurance - N/A DFP - 10 CFR 50.82(a)(8)(vii)

(A) The total amount of dollars accumulated at the end of the appropriate year designated for managing irradiated fuel: (see below)

Licensee:  % Owned: Amount in Trust Fund:

Southern Cal Edison 80.00% $12,219,200 Spreadsheet created by: Aaron Szabo, Shawn Harwell Signature: _______________________________________________ Date: ______________________ Formulas verified by: Clayton Pittiglio

Datasheet 1 San Diego Gas & Elec 20.00% $6,048,000 Total Trust Fund Balance $18,267,200 (B) The projected cost of spent fuel management until transfer of possession to DOE: $11,800,000 (C) If the funds accumulated do not cover the projected cost, provide a plan to obtain addional funds to cover the cost below:

Financial Assurance Plan - N/A Spreadsheet created by: Aaron Szabo, Shawn Harwell Signature: _______________________________________________ Date: ______________________ Formulas verified by: Clayton Pittiglio

San Onofre Nuclear Gernerating Station, Unit 1 Decommissioing/SAFSTOR Cost Analysis (Beginning Balance - Cost) * (1 + ERR) = End Balance Reporting Year: 2014 Current Amount Reported in DTF: $291,622,800 Rate of Return During SAFSTOR/Decom: 2.00%

Projected End-Date of Decom Activities: 2030 Escalation Rate (if applicable): 0.00%

Real Rate of Return: 2.00%

Projected End-Balance of DTF: N/A Financial Assurance Met (Y/N)*: Y Sinature: Shawn W. Harwell Date: 10/20/2014

• Remaining decommissioning costs are fully funded by current funds in DTF

San Onofre Nuclear Gernerating Station, Unit 1 Spent Fuel Management Cost Analysis (Beginning Balance - Cost) * (1 + ERR) = End Balance Reporting Year: 2014 Current Amount Reported in DTF: $18,267,200 Rate of Return During SAFSTOR/Decom: 2.00%

Projected End-Date of Decom Activities: 2030 Escalation Rate (if applicable): 0.00%

Real Rate of Return: 2.00%

Projected End-Balance of DTF: N/A Financial Assurance Met (Y/N)*: Y Sinature: Shawn W. Harwell Date: 10/20/2014

• Remaining spent fuel management costs fully funded by designated (by percentage) DTF dollars