ML20058J214
| ML20058J214 | |
| Person / Time | |
|---|---|
| Issue date: | 10/19/1993 |
| From: | Rathbun D NRC OFFICE OF CONGRESSIONAL AFFAIRS (OCA) |
| To: | Bevill T, Jeanne Johnston, Lehman R, Lieberman J, Sharp P HOUSE OF REP., HOUSE OF REP., APPROPRIATIONS, HOUSE OF REP., ENERGY & COMMERCE, SENATE, APPROPRIATIONS, SENATE, ENVIRONMENT & PUBLIC WORKS |
| References | |
| CCS, NUDOCS 9312140008 | |
| Download: ML20058J214 (11) | |
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UNITED STATES (t.4p
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NUCLEAR REGULATORY COMMISSION g
WASHINGTON, D C. 20555-0001 g'...g.'
October 19, 1993 l
i The Honorable Joseph I.
Lieberman, Chairman Subcommittee on Clean Air and Nuclear Regulation Committee on Environment and Public Works i
United States Senate Washington, DC 20510
Dear Mr. Chairman:
t This is to inform the Committee that the Commission has approved a staff recommendation to allow licensees of permanently shut down nuclear power plants, after a minimum cooling period, to reduce the amount of financial protection provided in accordance with the Price-Anderson provisions of the Atomic Energy Act.
The Price-Anderson amendments to the Atomic Energy Act of 1954, section 170 of the Act, require licensees of nuclear facilities to provide financial protection in amounts required by the' l
Commission and require licensees of nuclear power plants with a i
rated capacity of 100,000 electrical kilowatts or more to provide I
primary financial protection equal to the maximum amount of liability insurance available from private sources (currently
$200 million) and to participate in an industry retrospective rating plan that provides additional financi~al protection.
l Recently, a question has arisen concerning the level of financial protection that should be required of a nuclear power plant licensee whose plant has been permanently shut down and is in the process of decommissioning.
After analyzing the issues involved, the staff recommended and the Commission approved allowing the licensees of such plants to reduce the level of primary financial protection to $100 million and to withdraw from participation in the industry retrospective rating plan (often called the secondary layer of financial protection).
Such reductions in coverage will be evaluated by the NRC on a plant-specific basis for each of the facilities involved.
The reduction could take effect after the reactor has been shut down and the spent fuel has had a miniumum cooling period of one to three years, depending on fuel type cnd storage configuration, or another period, if adequate justification is provided by the licensee.
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. The Commission has directed the staff to proceed with rulemaking to determine more precisely the appropriate spent fuel cooling period and the appropriate level of primary insurance coverage after such cooling period.
Sincerely, i
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Dennis K. Rathbun, Director Office of Congressional Affairs cc:
Sen. Alan K.
Simpson i
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October 19, 1993 The Honorable Philip Sharp, Chairman Subcommittee on Energy and Power Committee on Energy and Commerce United States House of Representatives Washington, DC 20515
Dear Mr. Chairman:
This is to inform the Committee that the Commission has approved a staff recommendation to allow licensees of permanently shut down nuclear power plants, after a minimum cooling period, to reduce the amount of financial protection provided in accordance with the Price-Anderson provisions of the Atomic Energy Act.
The Price-Anderson amendments to the Atomic Energy Act of 1954, section 170 of the Act, require licensees of nuclear facilities to provide financial protection in amounts required by the Commission and require licensees of nuclear power plants with a rated capacity of 100,000 electrical kilowatts or more to provide primary financial protection equal to the maximum amount of liability insurance available from private sources (currently
$200 million) and to participate in an industry retrospective rating plan that provt32s additional financia'l protection.
Recently, a question has arisen concerning the level of financial protection that should be required of a nuclear power plant licensee whose plant has been permanently shut down and is in the process of decommissioning.
After analyzing the issues involved, the staff recommended and the Commission approved allowing the licensees of such plants to reduce the level of primary financial protection to $100 million and to withdraw from participation in the industry retrospective rating plan (often called the secondary layer of financial protection).
Such reductions in coverage will be evaluated by the NRC on a plant-specific basis for each of the facilities involved.
The reduction could take effect after the reactor has been shut down and the spent fuel has had a miniumum cooling period of one to three years, depending on fuel type and storage configuration, or another period, if adequate justification is provided by the licensee.
. The Commission has directed the staff to proceed with rulemaking to determine more precisely the appropriate spent fuel cooling period and the appropriate level of primary insurance coverage after such cooling period.
i Sincerely, e
/W1 Dennis K. Rathbun, Director office of Congressional Affairs cc:
Rep. Michael Bilirakis i
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WASHINGTON. O C. 20 % 0001 October 19, 1993 4
The Honorable Richard Lehman, Chairman Subcommittee on Energy and Mineral Resources Committee on Natural Resources United States House of Representatives Washington, DC 20515
Dear Mr. Chairman:
This is to inform the Committee that the Commission has approved a staff recommendation to allow licensees of permanently shut down nuclear power plants, after a minimum cooling period, to
. reduce the amount of financial protection provided in accordance with the Price-Anderson provisions of the Atomic Energy Act.
The Price-Anderson amendments to the Atomic Energy Act of 1954, section 170 of the Act, require licensees of nuclear facilities to provide financial protection in amounts required by the '
Commission and require licensees of nuclear power plants with a rated capacity of 100,000 electrical kilowatts or more to provide primary financial protection equal to the maximum amount of liability insurance available from private sources (currently
$200 million) and to participate in an indus.try retrospective i
rating plan that provides additional financia'l protection.
Recently, a question has arisen concerning the level of financial-protection that should be required of a nuclear power plant licensee whose plant has been permanently shut down and is in the process of decommissioning.
After analyzing the issues involved, the staff recommended and the Commission approved allowing the licensees of such plants to reduce the level of primary financial protection to $100 million and to withdraw from participation in the industry retrospective rating plan (often called the i
secondary layer of financial protection).
Such reductions in i
coverage will be avaluated by the NRC on a plant-specific basis for each of the facilities involved.
The reduction could take ef fect after the reactor l as been shut down and the spent fuel i
has had a miniumum coolin< period of one to three years, depending on fuel type anu storage configuration, or another period, if adequate justification is provided by the licensee.
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, The Commission has directed the staff to proceed with rulemaking to determine more precisely the appropriate spent fuel cooling period and the appropriate level of primary insurance coverage after such cooling period.
Sincerely,
}Wl Dennis K. Rathbun, Director Office of Congressional Affairs cc:
Rep. Barbara Vucanovich
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.c October 19, 1993 The Honorable Tom Bevill, Chairman Subcommittee on Energy and Water Development Committee on Appropriations United States House of Representatives Washington, DC 20515
Dear Mr. Chairman:
This is to inform the Committee that the Commission has approved a staff recommendation to allow licensees of permanently shut down nuclear power plants, after a minimum cooling period, to reduce the amount of financial protection provided in accordance with the Price-Anderson provisions of the Atomic Energy Act.
The Price-Anderson amendments to the Atomic Energy Act of 1954, section 170 of the Act, require licensees of nuclear facilities to provide financial protection in amounts required by the'~
Commission and require licensees of nuclear power plants with a rated capacity of 100,000 electrical kilowatts or more to vide primary financial protection equal to the maximum amount of liability insurance available from private sources (currently
$200 million) and to participate in an industry retrospective rating plan that provides additional financi'al protection.
Recently, a question has arisen concerning the level of financial protection that should be required of a nuclear power plant licensee whose plant has been permanently shut down and is in the process of decommissioning.
After analyzing the issues involved, the staff recommended and the Commission approved allowing the licensees of such plants to reduce the level of primary financial protection to $100 million and to withdraw from participation in the industry retrospective rating plan (often called the secondary layer of financial' protection).
Such reductions in coverage will be evaluated by the NRC on a plant-specific basis for each of the facilities involved.
The reduction could take effect after the reactor has been shut down and the spent fuel has had a miniumum cooling period of one to three years, depending on fuel type and storage configuration, or another period, if adequate justification is provided by the licensee.
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The Commission has directed the staff to proceed with rulemaking I
to determine more precisely the appropriate spent fuel cooling period and the appropriate level of primary insurance coverage after such cooling period.
Sincerely,
/
We Dennis K.
Rathbun, Director Office of Congressional Affairs cc:
Rep. John Myers i
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UNITED STATES NUCLEAR REGULATORY COMMISSION i(1 c.....f WASHINGTON, D C. 20555-0001 October 19, 1993 The Honorable J.
Bennett Johnston, Chairman Subcommittee on Energy and hater Development Committee on Appropriations United States Senate Washington, DC 20510
Dear Mr. Chairman:
This is te inform the Committee that the Commission has approved l
a staff recommendation to allow licensees of permanently shut l
down nuclear power plants, after a minimum cooling period, to reduce the amount of financial protection provided in accordance with the Price-Anderson provisions of the Atomic Energy Act.
The Price-Anderson amendments to the Atomic Energy Act of 1954, section 170 of the Act, require licensees of nuclear facilities to provide financial protection in amounts required by the '
Commission and require licer: sees of nuclear power plants with a l
rated capacity of 100,000 electrical kilowatts or more to provide primary financial protection equal to the maximum amount of liability insurance available from private sources (currently
$200 million) and to participate in an industry retrospective rating plan that provides additional financia'l protection.
Recently, a question has arisen concerning the level of financial protection that should be required of a nuclear power plant licensee whose plant has been permanently shut down and is in the I
process of d3 commissioning.
After analyzing the issues involved, the staff recommended and the Commission approved allowing the licensees of such plants to reduce the level of primary financial protection to $100 million and to withdraw from participation in the industry retrospective rating plan (often called the secondary layer of financial protection).
Such reductions in coverage will be evaluated by the NRC on a plant-specific basis for each of the facilities involved.
The reduction could take effect after the reactor has been shut down and the spent fuel has had a miniumum cooling period of one to three years, depending on fuel type and storage configuration, or another period, if adequate justification is provided by the licensee.
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2-The Commission has directed the staff to proceed with rulemaking to determine more precisely the appropriate spent fuel cooling period and the appropriate level of primary insurance coverage after such cooling period.
Sincerely, j
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x ennis K. Rathbun, Director Office of Congressional Affairs cc:
Sen. Mark O.
Hatfield
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. I and the appropriate level of primary insurance coverage after such cooling period.
Sincerely, Dennis K. Rathbun i
Director, Office of Congressional Affairs cc:
Senator Alan K. Simpson i
Idantical letters will be sent to:
The. Honorable Richard H.
Lehman, Chairman l
Subcommittee on Energy and Mineral Resources Committee on Natural Resources United States House of Representatives Washington, D.
C.
20515 cc:
Representative Barbara Vucanovich f
The Honorable Philip R. Sharp, Chairman Subcommittee on Energy and Power j
Committee on Energy and Commerce United States House of Representatives Washington, D.C.
20515 cc:
Representative Michael Bilirakis l
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