ML20031C595
| ML20031C595 | |
| Person / Time | |
|---|---|
| Site: | Susquehanna  |
| Issue date: | 10/01/1981 |
| From: | Hecht W ALLEGHENY ELECTRIC COOPERATIVE, INC., PENNSYLVANIA POWER & LIGHT CO. |
| To: | |
| Shared Package | |
| ML20031C591 | List: |
| References | |
| NUDOCS 8110070336 | |
| Download: ML20031C595 (3) | |
Text
_
UNITED STATE.9 OF AMERICA NUCLEAR REGULATORY COMMISSION BEFORE THE ATOMIC SAFETY AND LICENSING BOARD In thb Matter of
)
)
PENNSYLVANIA POWER 86 LIGHT COMPANY
)
)
Docket Nos. 50-387 and
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50-388
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ALLEGHENY ELECTRIC COOPERATIVE, INC. )
)
(Susquehanna Steam Electric Station, )
Units,1 and 2)
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SUPPLEMENTAL AFFIDAVIT OF WILLIAM F. HECHT IN SUPPORT OF APPLICANTS' ANSWER TO NRC STAFF'S MOTION FOR
SUMMARY
DISPOSITION OF CONTENTION 4 County of Lehigh
)
- SS Commonwealth of Pennsylvania
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William F. Hecht, being duly sworn according to law, i
I deposes and says as follows:
1.
This affidavit supplements my affidavit dated September 22, 1981 in support of Applicants' Answer to NRC Staff's Motion for Summary Disposition of Contention 4.
Pennsylvania Power &
Light Company (PP&L) has approved a new forecast of the growth of electricity sales and peak load.
See Supplemental Affidavit of Grayson E. McNair dated October 1, 1981 (McNair Supplemental Affidavit).
811OO?O336 gv-"%g PDR Auuun PDR C
2.
In analyzing the benefits to PP&L of operating versus abandoning Susquehanna, I analyzed several variations of low load growth and other factors.
See Exhibit A to my September 22, 1981 Affidavit.
As shown on Table 20 of that Affidavit, the i
smallest net benefit to PP&L results from assuming a low load growth and'a capacity factor of 50%.
3.
For the p rpose of considering the effects of growth in peak load and energy sales on the net benefits of operating Susquehanna in light of the new PP&L forecast, I have assumed a zero growth in sales and peak load for both PP&L and the Pennsylvania-New Jersey-Maryland Interconnection (PJM).
A zero growth rate in energy sales and peak load is lower than would occur even under the most pessimistic assumptions.
See McNair Supplemental Affidavit.
The results of these calculations, which also assume a 50% capacity factor, are set forth in Exhibit A to this Affidavit and show a net benefit to PP&L of I
approximately 3.14 billion dollars in the first ten years of operation with a present net worth of 1.31 billion dollars.
4.
Based on the analyt r3 described above, I conclude that operating Susquehanna will result in a net benefit to PP&L over virtually any set of assumed growth rates.
/g u h r L Av~
William F. Hecht Sworn to and subscribed before me this 1st, day f October 188.
A 7
//
Notary'Publie '
Q
\\ W N P E tR,JR.,No, Pdli
/1Mntown, Lehigh County.
My Cornmission Expres May 25,1985
EXilIBIT A SUSQUEHANNA ECONOMIC TESTIMONY
SUMMARY
OF TOTAL NET REVENUE REQUIREMENTS ESTABLISilING VALUE OF SUSQUEllANNA 50% CAPACITY FACTOR CASE VS. ABANDONMENT CASES ZERO LOAD GROWTil (MILLIONS OF CURRENT D0LLARS)
- 1983, 1984 1985 1986 1987 1988 1989 1990 1991 1992 TOTAL 50% CAPACITY FACTOR CASE:
1.
CARRYING CHARGES
$ 211 579 713 670 631 594 558 523 500 487 5466 2.
OPERATION & MAINTENANCE 32 82 121 152 164 162 177 216 215 243 1566 3.
CAPITAL ADDITIONS 0
8 16 24 32 40 48 56 64 72 360 l
4.
NET FUEL & INTERCHANGE 333 205 97 113 286 256 310 436 472 512 3020 2
4 5.
TOTAL 576 8?;
947 959 1113 1052 1843 1231 1251 1314 10412 ABANDONMENT CASE:
l 6.
CARRYING CHAP.CES 489 476 463 450 471 457 443 456 660 639 5004 7.
OPERATION & MAINTENANCE 0
0 0
0 0
0 0
0 0
0 0
8.
CAPITAL ADDITIONS 0
0 0
0 0
0 0
0 0
0 0
9.
NET FUEL & IN1ERCHANGE 450 496 555 622 740 832 955 1132 1305 1490 8548 10.
TOTAL 939 972 1018 1072 1202 1289 1398 1588 1965 2109 13552 11.
VALUE OF SUSQUEHANNA 363 98 71 113 C9 239 305 357 714 795 3140 (DIFFERENCE) 12.
PRESENT WORTH (1982 $)
288 69 45 63 44 106 121 126 225 223 1310
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