ML20076L289
| ML20076L289 | |
| Person / Time | |
|---|---|
| Site: | Fort Saint Vrain  |
| Issue date: | 06/30/1983 |
| From: | Warembourg D PUBLIC SERVICE CO. OF COLORADO |
| To: | NRC OFFICE OF THE SECRETARY (SECY) |
| Shared Package | |
| ML20076L283 | List: |
| References | |
| P-83231, NUDOCS 8307190105 | |
| Download: ML20076L289 (2) | |
Text
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16805 WCR 19 1/2, Platteville, Colorade 80651 June 30, 19S3 Forc St. Vrain Unit #1 P-83231 Office of the Secretary of the Commission U. S. Nuclear Regulatory Commission Washington, D.C.
20555
SUBJECT:
Property Damage Insurance
REFERENCE:
P-83124, Dated March 28,1933 Gentle.en:
O Eased on a
recent conversation with our project manager, Nuclear Regulatory Commission Region IV, we became aware of the fact that the above referenced letter was not being considered as a request for exem,ntion from 10CFR50.54(w), but rather was being considered as our annual report under subparagraph (4) of 10CFR50.54(w).
Vntle our letter, P-S3124, does serve the purpose of the annual
- report, the primary intent of the letter was to request exemption.
In this regard we are supplementing P-83124 to request specific exemption from the requirements of 10CFR50.54(v),
subparagraph (1) (ii),
excess property insurance.
Our request for exemption is made under the provisions of 10CFR50.12 on the following basis:
1.
As indicated in P-83124 and the detailed study attached theretc, the total property damage insurance including decommissioning
- costs, clean-up costs and loss of the plant is conservatively estimated at 5323,55S,480 compared with 5500,000,000 of property insurance presently in effect for Fort St. Vrain.
In this respect the requested exemption does not give rise to a significant adverse impact on the environment in that the existing coverage more than adequately provides for necessary clean-up costs.
O 830719o105 830707 PDR ADOCK 05000267 PDR
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2.
Concerning redress of any adverse envirenrantal f= pact, the study submitted with P-83124 shows that the core heat up accident is belcw the LVR probability of a
The design objective safety goal of 10 E-4/ reactor year.
upper range of clean-up costs under low probability, type accidents is S100,000,000.
With more-severe 5500,000,000 property insurance, redress of enviren: rental impact is not an issue.
This request for exemption does not involve foreclosure of 3.
alternatives.
4.
With reference to the cost to consumers it is obvious that costs to the exemption will avoid additional unnecessary the rate payers.
The rate payer as well as our investers and are adequately protected against the loss of the plant subsequent clean-up costs with the 5500,000,000 property insurance.
Additional insurance coverage would only result in needless additional cost in terms of insurance p remi u c.s.
This exemption, therefore, is clearly in the best interest of the public.
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We will continue to keep the $500,000,000 coverage in effect for Fort St. Vrain in accordance with 10CFR50.54(w) subparagraph (1) (1).
We trust that the forty (40) copies of the detailed study submitted with P-83124 are available for your review as a part of this supple ental letter.
Very truly yours, JY Wwn Don W. Warembourg Manager, Nuclear Productive Fort St. Vrain Nuclear Generating. Station De'e'/dic cc:
John Collins Region IV P. Wagnce Region IV f
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