ML19309A001
| ML19309A001 | |
| Person / Time | |
|---|---|
| Site: | Crystal River, 05000303  |
| Issue date: | 08/10/1967 |
| From: | Perez A, Rodgers J FLORIDA POWER CORP. |
| To: | |
| References | |
| NUDOCS 8003240840 | |
| Download: ML19309A001 (14) | |
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REFERRED TO DATE RECEIVED By CATE The following filed hr Florida Pouars APPL. for LICEBES. notarised 8-9 47,
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ENCLOSURES:
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Crystal River Units 3&4 Nuclear Generating Plant i
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FLORIDA POWER CORPO R ATION 9-R J
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BEFORE THE UNITED STATES ATOMIC ENERGY C0!4 FISSION DOCKETS NOS. 50.3d 2.
and 50-Jo ?
In the Matter of FLORIDA POWER CORPORATION N
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APPLICATION FOR LICENSES
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UNDER THE AT014C ENERGY ACT OF 1954 AS AMENDED for t
CRYSTAL RIVER (JNITS 3 & h NUCLEAR GENERATING PLANT DATE: August 10,\\1967 i
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Before the w
UNITED STATES ATOMIC ENERGY COMMISSION Dockets Nos. 50-302 and 50- Zo_T In the Matter of FLORIDA POWER CORPORATION APPLICATION FOR LICENSES Florida Power Corporation (hereinafter sometimes referred to as
" Applicant") hereby makes application pursuant to the provisions of the Atomic Energy Act of 1954, as amended, and the Atomic Energy Cor: mission's Rules and Re,gulations thereunder, for the necessary licenses (including a construction h
permit) to construct, own, use and operate a nuclear electric generating plant to be located in Citrus County, Florida, and to be known as Crystal River Units 3 & 4 Nuclear Generating Plant (hereinafter called " Facilities"), as an integral part of its total operating system.
This application has been combined for two proposed generating units pursuant to the provisions of 10 CFR S 50.31.
It consists of the follow-ing twa parts: (a) The general information required by 10 CFR 5 50.33, which is set out herein; and (b) the technical information and safety analysis re-port required by 10 CFR H 50.3h, which is set out in a separate document entitled " Crystal River Units 3 & 4 Nuclear Generating Plant, Preliminary Safety Analysis Report," forwarded herewith and made a part hereof.
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GENERAL INFORMATION (c)
Name ef replicant Florida Power Corporation Incorporated, organized and operati (b) " Address of applicant ng under the Laws of Florida.
101 Fifth Street South P. O. Box 14042 St. Petersburg, Florida 33733 (c)~' Description *of business or occupation of applicant Applicant is an operating public the production, transmission utility engaged exclusively in general service area indicated on th, distribution and sale o r
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hereto hs Exhibit 1.
e service area map, which is attached The Business and Property of the A on pages 5 and 7 of a Prospectus dated J l pplicant is described and Exchange Comnission, File No u y 27, 1967, filed with the Securitie 2-26766, s
issuance of First Mortgage Bonds in connection with the Applicant's Statements as Exhibit 2.
, which is included under Tab 1 - Financial Applicant's operating revenues fo which kB.7% vas derived from residenti r 1966 totalled $111,672,922, of 12.8% from commercial sales and 10 5% al sales, 28.0% from indus period ended December from other sources.
In the five-year 31, 1966, Applic t
gross revenues of 49 9%.
ant experienced a growth in annual cr:ased from 4,70h KWH to 6,597 KWH dThe average 1 a
customer in-uring this period.
Applicant is presently constructin will be a coal-burning plant with a g Crystal River Unit 2 which capability of 510,000 cost of $36,665,000.
KW at an estLn t It is expected that this Unit will a ed
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go into service in e
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1%)a December 1969 With completion of Crystal River Unit 2, the total install d
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e generating capacity of Florida Power Co4 oration vill be inexcess of 2,000,000 KW.
Applicant has interchange arran6ements with the power comp anies adjacent to its service area.
These include arrangements with the Southern Company, Tampa Electric Company, Florida Power and Light C ompany and Orlando Utilities Commission.
(d) Organization and Management of A plicant 3
Applicant is a corporation organized and existing und er the laws of the State of Florida and its principal office is located i n St. Peters-burg, Florida, at the address stated above.
All of the Applicant's principal officers and directors are citizens of the United States.
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Their names and addresses are as follows:
C DIRECTORS & OFFICER-DIRECTORS E.a!!L, Address W. J. Clapp - President St. Petersburg, Fla.
E. H. Dunn, Jr. - Vice President &
General Counsel St. Petersburg, Fla.
G. F. Foley - Sr. Vice President, Secretary & Treasurer St. Petersburg, Fla.
J. S.tGracy - Sr. Vice President I,"]
St. Petersburg, Fla.
Byron E. Herlong Leesburg, Fla.
George W. Jenkins Lakeland, Fla.
Robert M. King St. Petersburg, Fla.
A. P. Perez - Vice President Paul F. Randolph St. Petersburg, Fla.
Clearwater, Fla.
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'P DIRECTORS & OFFICER-DIRECTORS (Cont EER1 R. H. Simpson Address Harry M. Smith Monticello, Fla.
Applicant is not. owned, controlled Winter Garden, Fla.
hay foreign corporation or dominated by any alien, or any foreign govertaent.
application in its own behalf and not It is making this other person.
as agent or representative of any (e)
Class and Period of License Appli d f e
vill be put or and Use to Which Facilities Ihe license hereby applied for is a permit and operating license for said F class 10h(b) construction It is requested that the term of thacilities as defined by 1 R 50.21.
forty (h0) years.
e license be for period of Applicant further requests such additi special nuclear, and by-product material li onal source, appropriate to the acquisition, constructi censes as may be necessary or
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th2 licensed facilities.
on, possession and operation of tion for the first fuel coresThe Babcock & Wilcox Company will supply fabrica-The enriched uranium UF on Unit 3 vill be leased from the AEC 6 for the first core The Facilities vill be additions to g
plant consisting of a 387 MW unit and a 510 an existing 2 unit coal-fueled MW unit.
clude two pressurized water reactors The facility will in-capable of an ultimate output of 2560 Nrdt (Applicant plans for e
fr:m reactor coolant pumps) corres including 16 MW contribution of cbout 885 MW.
ponding to a gross electrical capabilit At the time Unit 3 goes into servi y
ce in April 1972 it will e
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represent 29% of our total gross generating capability of-2 999 000 KW including Unit 3 and assuming no retirements of facilit y.
At the time a Unit 4 would go into service in the Company's Syst in 197h it vill represent 20% of our total gross gener ti em a
ng capability of 3,88h,000 KW including such Unit h and assuming no retirements of f acility.
All physics and core thermal hydraulics information in the att ached Preliminary Safety Analysis Report is based upon the ref erence core design of 25kh MWt.
Site parameters, principal structures, engineered safegua d r s, and the hypothetical accidents evaluated are for the expected ulti mate out-put of 25hh MWt frem the nuclear steam supply system.
(f)
Fina._cial Qualifications of Aeolicant Applicant estimates that the total cost of said Facilities, in-cluding the initial core for each Unit, vill be approximately $279 080
,000, and the total inventory cost of the first cores and spares will b e approx-imately $h9,380,000, as shown on Exhibit 3 under Tab 1 Financial Statements.
Construction of said Facilities vill be financed as an i t n egral part of Applicant's total construction program.
Initially the Applicant vill obtain lines of credit from commercial banks for sh ort-term borrowings at the prime rate, and thereafter vill permanently fund by sellin g senior securities.
j Due to changing market conditions, no definite stateme t n can i
be made at this time as to the type of securities which will b e sold or the date of their sale.
The Applicant's First Mortgage Bonds are rated Aa by Moody's and AA by Standard & Poor's.
Th se bonds have a cash sinking fund that requires that 1 3/h% of the principal amount of each series of bonds b2 retired each year.
Two series of these bonds totalling $lh,400,000 vill j
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further refunding of First Mortgage Bonds will be required antil 1978.
The Applicant's Cgnvertible Debentures are rated A.
It is presently ar.-
ticipated that the Applicant will issue long-term debt and equity securities during this period in a manner consistent with the maintenance of desirable 9
capitalization ratios.
Financial statements for the Applicant as of April 30, 1967 are included in Exhibit 2.
Additional financial and statistical information is shown in t,he Applicant's Ten-Year Statistical Report 1957-1966 included under Tab i - Financial Statements as Exhibit 4 and 1966 Annual Report, attache'd hereto as Exhibit 5 under Tab 2 - Annual Report to Shareholders.
It is the Applicant's intention to lease the enriched tyranium for the first core of Crystal River Unit 3 from the Atomic Energy Commission, Gd and to assume its ownership via "in situ" purchase in mid-1973.
Subsequent cores for Unit 3 and all cores for Unit h will be fueled with uranium pur-chased by the Applicant on the open market and then toll enriched.
The first core fuel for each unit will contain the following quantity, enrichment and dollar v.lue (based on current AEC charge rates) of uranium:
t Quantity Kg-U 1st Core of Enrichment AEC Base Charges each unit Kg-U235 Dollar Values 20,525 h70 2.29%
$ 3,637,646 25,542 674 2.64%
5,h90,508 1 %..
1,66h 1.005 2.90%
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80,731 2,149
$ 17,563,638 j
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dollar valusa ara b r d on thn AEC base charges as shown on the table on page 285 of " Rules and Regulations - Title 10 - Chapter I
- Code of Federal Regulations - U.S.A.E.C."
Applicant vill carry builders' risk insurance during the co nstruc-tion of said Facilities and charge these costs to const ructica expenditures.
Applicant will also obtain all required and appropriate pr operty and lia-bility insurance for said Facilities and its nuclear fuel and vill advise the Commission accordingly.
(g)
Technical Qualifications of Apulicant Consistent with Applicant's established practice with all of it s
generating station additions, design and construction of said F acilities will be managed by Applicant's personnel in its Mechanical E ngineering Department.
Engineering design will be performed by Gilbert Associ t a es, Inc., Consult-ing Engineers, Reading, Pennsylvania.
The nuclear steam supply system (including reactor, primary loops and steam generators
, miscellt.eous systems, instrumentation and controls, supervision of erecti
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on of the nuclear steam supply system, and supporting technical services) for each unit
, as well as initial fuel fabrication, vill be supplied by The Bab cock & Wilcox Company.
All equipment, materials, supplies and construction servi ces will be prqcured directly by Florida Power Corporation from selected suppliers and any compliance inspections vill be arranged for by Florida P ower Corporation.
The technical qualifications of Applicant to engage in th e pro-posed activities are described in Exhibit 6 under Tab 3 - Technical Qu li a
fications.
Also included in Exhibit 6 are the technical qualifications of e
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The Babrock & Wilc:x Company,'supplicr
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and initial fuel fabrication, and of Gilbert Aof the Nucitar Ste Applicast 's architect-engineer.
ssociates, Inc., serving as (h).. Completion Da'tes Construction of Unit 3 is scheduled for c fuel loading to begin December 1 ompletion in time for by April 1, 1972, and latest commercial, 1971, for earliest co meet this schedule, construction of Unit 3 is toperation '/ Octo is to be completed by March 1 o begin June 1, 1968 and
, 1972.
struction and completion 2 years laterPresent plans provide for (i) Restricted Data An agreement limiting access to Restrict d D 10 CFR 8 50.37 is attached hereto as Exhibit 7 ata as required by e
Restricted Data.
under Tab h - Agreement -
This application in the fonn submitted do Restricted Data or other defense informati es not contain on.
Itisrequestedthatallcobmunications application be sept to:
pertaining to this A. P PEREZ, Vice President i
and J. T. RODGERS, Nuclear Project Manager Florida Power Corporation 101 Fifth Street South St. Petersburg, Florida 33701
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IN WITNESS WHEREOF, Florida Power Corporati on has caused its name to be hereunto signed by A. P. Perez Rodgers, its Nucles'r Project Mana6er, its Vice President, and J. T.
affixed by G. F. Foley, its Secretary, thisand its corporate seal t 9th day of August, 1967.
-FLORIDA POWER CORPORATION (CORPORATE SEAL)
?I By_
- Q.,. fim ATTEST:
Vice Presid'ent
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A. P. Perez, being duly svorn, states th 4 resident of Florida Power Corpo at 'he is Vice part of said Company to sign and fileration; that he is auth'or this application and exhibits att with the Atomic Energy Commission of the statements contained in such ap liached thereto; t p
attached thereto and made a part ther cation and the exhibits made and matters set forth therein ar eof; and that all such statem his knowledge, information and beli e true and correct to the best of ef.
+ A. P. Perez _'
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4 Subscribed and sworn to before me C
for the State and County above na
, a Notary Public in and med, this 9th day of August,1967 (SEAL) h, vy /~m Notary Public 1 Lj-Notary Pub).ic, State of Florida My Commission Expires July 9, 1970 at Large.
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J. T. Rodgers, being duly sworn, states that h e is Nuclear J roject Manager of Florida Power Corporation; that-he is autho the part of said Company to s1 n and file with th
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e Atomic Energy Commission this application and exhibits attached thereto; that he has read all of-the statements contained in such application and the exhibits attached thereto and made a part thereof; and that all such statements made and matters set forth therein are true and correct to the b est of his know-ledge, information and belief.
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J. T. Rodgers
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Subscribed and sworn to before me, a Notary Publi c in and for the State and County above named, this 9th d g
ay of August, 1967.
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Notary Public
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Notary Public, State-of Florida at Large My Commission Expires July 9, 1970.
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