ML20091G561

Annual Decommissioning Funding/Irradiated Fuel Management Status Report

ML20091G561
Person / Time
Site:	Fort Calhoun
Issue date:	03/30/2020
From:	Fisher M Omaha Public Power District
To:	Document Control Desk, Office of Nuclear Material Safety and Safeguards, Office of Nuclear Reactor Regulation
References
LIC-20-007
Download: ML20091G561 (8)

Text

{{#Wiki_filter:10 CFR 50.75 Omaha Public Power District 10 CFR 50.82 March 30, 2020 LIC-20-0007 U.S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, D.C. 20555 Fort Calhoun Station , Unit No. 1 Renewed Facility Operating License No. DPR-40 NRC Docket No. 50-285 Fort Calhoun Station Independent Spent Fuel Storage Installation NRC Docket No. 72-054

Subject:

Fort Calhoun Station, Unit No. 1, 2020 Annual Decommissioning Funding I Irradiated Fuel Management Status Report

References:

1. Letter from OPPD (T. Burke) to USNRC (Document Control Desk), "Certification of Permanent Cessation of Power Operations," dated August 25, 2016 (LIC-16-0067)

(ML16242A127)

2. Letter from OPPD (T. Burke) to USNRC (Document Control Desk), "Certification of Permanent Removal of Fuel from the Removal of Fuel from the Reactor Vessel," dated November 13, 2016 (LIC-16-0074) (ML16319A254)

3. Letter from OPPD (M. J. Fisher) to USNRC (Document Control Desk), "Fort Calhoun Station, Unit No. 1, Post-Shutdown Decommissioning Activities Report," dated December 16, 2019 (LIC-19-0007)(ML19351E355)

In accordance with 10 CFR 50. 75(f)(1 ), 10 CFR 50.82(a)(8)(v), 10 CFR 50.82(a)(8)(vi), and 10 CFR 50.82(a)(8)(vii), Omaha Public Power District (OPPD) is submitting the annual status of decommissioning funding, status of funding for managing irradiated fuel, and the financial assurance status report. In References 1 and 2, OPPD certified permanent cessation of power operation and permanent removal of fuel from the reactor vessel for the Fort Calhoun Station, Unit 1, (FCS). In Reference 3, OPPD submitted its Post-Shutdown Decommissioning Activities Report (PSDAR) containing a site-specific Decommissioning Cost Estimate (DCE) pursuant to 10 CFR 50.82(a)(4)(i) and 10 CFR 50.82(a)(8)(iii) .. Enclosure 1 provides the 2020 Annual Decommissioning Funding /Irradiated Fuel Management Status Report. No commitments to the NRC are made in this letter. If you should have any questions about the enclosed reports, please contact Mr. Bradley H. Blome, Director Licensing & Regulatory Assurance, at 402-533-6041 .

U.S. Nuclear Regulatory Commission LIC-20-0007 Page2 Mary J. Fisher Vice President, Energy Production & Nuclear Decommissioning MJF/cac

Enclosures:

1. 2020 Annual Decommissioning Funding / Irradiated Fuel Management Status Report c: S. A. Morris, NRC Regional Administrator, Region IV J.D. Parrott, NRC Senior Project Manager C. D. Steely, NRC Senior Health Physicist, Region IV

U.S. Nuclear Regulatory Commission LIC-20-0007 Page 1 ENCLOSURE 1 OMAHA PUBLIC POWER DISTRICT FORT CALHOUN STATION UNIT N0.1 2020 ANNUAL DECOMMISSIONING FUNDING STATUS REPORT As of December 31, 2019

U.S. Nuclear Regulatory Commission LIC~20-0007 , Attachment A Page 2 OMAHA PUBLIC POWER DISTRICT FORT CALHOUN STATION UNIT NO.1 2020 ANNUAL DECOMMISSIONING FUNDING STATUS REPORT as of December 31, 2019 10 CFR 50.75 (f) and 50.82(8) As required by 10 CFR 50.75 (f) and 50.82(8), OPPD reports the following information: A. Current Decommissioning Cost Estimate As required by 10 CFR 50.82, OPPD completed a site-specific Decommissioning Cost Estimate (DCE), contracting with Energy Solutions LLC for the preparation of the report. The study was performed under the DECON decommissioning alternative method. Based on the DCE (completed with 2019 data), the total estimated cost to decommission Fort Calhoun Station Unit No. 1 is $1,037,139,000 in 2019 dollars. Of that total cost estimate, the current site-specific cost estimate for license termination expenses (L TE) of Fort Calhoun Station Unit No. 1 is $651,160,000, the current separate estimate of site restoration is $42,789,000 and the current separate estimate of spent fuel management costs is $343,190,000. The total cost estimate reported in 2018 dollars was $1,213,203,000 in the DCE, using the SAFSTOR decommissioning alternative method as required by 10 CFR 50.82(a)(8)(iii). The cost estimate included monies anticipated to be spent for operating license termination (radiological remediation), interim spent fuel storage and site restoration activities. B. Current Decommissioning Fund Balance The total OPPD Decommissioning Fund(s) balance as of December 31, 2019 was $549,034,772. OPPD maintains two separate trust accounts, one for the NRC minimum decommissioning amount as outlined in 10 CFR 50.75 (c) and one for other costs including additional radiological, site restoration and spent fuel management as determined by the consultant cost study. As of December 31, 2019, the balance in the fund for the NRC minimum decommissioning amount was $317,041,026. As of December 31, 2019, the balance in the funds accumulated for other decommissioning costs was $231,993,7 46. The two trust funds are not commingled and the funds accumulated for the additional decommissioning cost are not included as funds for the NRC minimum decommissioning amount. The funds accumulated for the additional decommissioning costs including additional radiological, site restoration and spent fuel management are available for radiological decommissioning without prior approval by a State regulatory authority and are not subject to disapproval for radiological decommissioning by a State regulatory authority. C. Annual Decommissioning Collections There were no annual collections for 2016. The annual collections for 2017, 2018 and 2019 were $147,469,000, $156,000,000 and $143,004,000, respectively. The total expected future collections for decommissioning are $540,994,067 beginning in 2020 as shown in Attachment 8, Column 1. The revenue source for collections is OPPD "cost-of-service" electric rates.

U.S. Nuclear Regulatory Commission LIC-20-0007 , Attachment A Page 3 D. Rates Used to Escalate Decommissioning Costs and Fund Balances The rates used for the escalation of the site-specific DCE and earnings rates on the Decommissioning Fund through the completion of decommissioning are shown in Attachment C. Congressional Budget Office data provided the basis for the DCE inflation rate forecasts. Decommissioning costs are inflated using a blending of the Congressional Budget Office's forecasts for Consumer Price Index, All-Urban and Employment Cost Index, Total Private Compensation. Decommissioning trust earnings are projected using Barclay's forecasted yield on 5-year Treasury notes. E. Contracts to Help Fund Decommissioning OPPD does not have any contracts pursuant to 10 CFR 50.75 (e)(1)(ii)(C) and is not relying on contracts with a "non-bypassable charge" to fund decommissioning. F. Modifications to Method ~Qf Providing Financial Assurance There have been no modifications to OPPD's method of providing financial assurance since the decommissioning funding plan began in 1982 and continued pursuant to NRC Regulations in 1990.

U.S. Nuclear Regulatory Commission LIC-20-0007 , Attachment A Page4 Decommissioning Funding Status Report OMAHA PUBLIC POWER DISTRICT ATTACHMENT A Summary Information as of December 31, 2019 10 CFR 50.82 {a) (8) {v)-{vii) Decommissioning Trust Fund Balances 50.75(f)(1 50.82(a)(8)(v)(A) Year Type ofT rust Fund Balance Comments 2019 Decommissioning Trust '90 Plan $ 317,041,026 As of 12/31/19 2019 Decommissioning Suppl '92 Plan $ 231 ,993,746 As of 12/31/19

                                                    $             549,034,772 Other Financial Assurance Methods Being Relied Upon 50.75(f)(1)

NONE Prior Years Decommissioning Expenditures 50.821a)(8)(v)(A) Year Decom Expenditures Spent Fuel Total Comments 2016 $ 574,826 $ - $ 574,826 2016 Cost in as S~ent Dollars 2017 $ 115,251 ,711 $ 4,475,227 $ 119,726,938 2017 Cost in 2017 Dollars 2018 $ 83,845,046 $ 30,408,102 $ 114,253,148 2018 Cost in 2018 Dollars 2019 $ 72,491,721 $ 17,382,073 $ 89,873,794 2019 Cost in 2019 Dollars TOTAL $ 272,163,304 $ 52,265,402 $ 324,428,706 Prior Year Expenditures Variance to Estimated Cost 50.82(a)(8)(v)(B) Year Decom Expenditures Spent Fuel Total Comments 2019 Estimated $ 102,837,779 $ 20,699,670 $ 123,537,449 2019 Actual $ 72,491,721 $ 17,382,073 $ 89,873,794 Variance $ 30,346,058 $ 3,317,597 $ 33,663,655 Variance: Due to timing difference of accruals versus actuals, and projects delayed for weather related situations. Remaining Decommissioning Estimated Cost 50.82(a)(8)(v)(B) /(vii)(B) Year Decom Expenditures Spent Fuel Total Comments 2020 $ 693,949,000 $ 343,190,000 $ 1,037,139,000 Estimated in 2019 Dollars Decommissioning Criteria Upon Which the Estimate is Based 50.75(f)(1) 50.82(a)(8)(v)(B) DE CON Any Modification to Method of Providing Financial Assurance 50.75(f)(1) 50.82(a)(8)(v)(C) No Any Material Changes to Trust Agreement Since Previous Report 50.75(f)(1 50.82(a)(8){v)(D) No Need for Additional Financial Assurance 50.75(f)(1) 50.82(a)(8)(vi) (vii)(C) See Attachment B, Column 1, Annual Decommissioning Fund Collections

U.S. Nuclear Regulatory Commission LIC-20-0007 , Attachment 8 Page 5 OMAHA PUBLIC POWER DISTRICT FORT CALHOUN STATION UNIT NO. 1 2019 ANNUAL DECOMMISSIONING FUNDING STATUS REPORT ATTACHMENT B Decommissioning Fund Annual Collections, Earnings, Expenditures and Balances Column 1 Column7 Total Annual Column2 Column3 Column4 ColumnS Column 6 Supplemental Decommissioning Earnings on Trust License Termination Spent Fuel Management Site Restoration Decommissioning Decommissioning 1 2 3 Year Fund Collections Funds Expenditures Expenditures Expenditures Trust Fund Balance Trust Fund Balance 2019 $ $ $ $ 317,041,026 $ 231,993,746 2020 $ 112,552,000 $ 9,055,253 $ 109,586,935 $ 29,406,991 $ $ 321,473,010 $ 210,175,089 2021 $ 121,148,000 $ 10,238,682 $ 94,192,352 $ 8,141,701 $ 4,354,100 $ 326,686,169 $ 229,660,459 2022 $ 143,271,000 $ 12,208,632 $ 96,745,326 $ 8,384,522 $ 4,483,958 $ 332,614,247 $ 269,598,207 2023 $ 164,023,067 $ 13,601,940 $ 116,063,424 $ 8,626,836 $ 12,812,910 $ 300,418,503 $ 341,915,789 2024 $ $ 12,850,791 $ 152,259,972 $ 8,867,195 $ 10,918,794 $ 153,339,596 $ 329,799,526 2025 $ $ 9,682,019 $ 137,840,406 s 9,105,204 $ 15,845,590 $ 17,533,697 s 312,496,244 2026 $ s 8,101,641 $ 13,829,692 $ 10,447,616 $ 359,718 $ 3,974,786 $ 309,519,771 2027 $ $ 8,319,649 $ $ 10,718,828 $ $ 4,082,105 $ 307,013,273 2028 $ $ 8,740,083 $ $ 10,996,122 $ $ 4,198,853 $ 304,640,487 2029 $ $ 9,156,624 $ $ 11,279,746 $ $ 4,325,658 $ 302,390,559 2030 $ $ 9,088,113 $ $ 11,570,642 $ $ 4,456,293 $ 299,777,396 2031 $ $ 9,008,632 $ $ 11,869,229 $ $ 4,590,873 $ 296,782,219 2032 $ $ 8,917,614 $ $ 12,175,717 $ $ 4,729,518 $ 293,385,471 2033 $ $ 8,814,469 $ $ 12,490,321 $ $ 4,872,349 $ 289,566,787 2034 $ $ 8,698,582 $ $ 12,813,260 $ $ 5,019,494 $ 285,304,964 2035 $ $ 8,569,313 $ $ 13,144,761 $ $ 5,171,083 $ 280,577,927 2036 $ $ 8,425,996 $ $ 13,485,056 $ $ 5,327,250 $ 275,362,700 2037 $ $ 8,267,937 $ $ 13,834,384 $ $ 5,488,132 $ 269,635,370 2038 $ $ 8,117,649 $ $ 12,654,331 $ $ 5,653,874 $ 264,932,947 2039 $ $ 7,975,685 $ $ 12,982,560 $ $ 5,824,621 $ 259,755,325 2040 $ $ 7,819,390 $ $ 13,319,519 $ $ 6,000,525 $ 254,079,292 2041 $ $ 7,648,062 $ $ 13,665,446 $ $ 6,181,740 $ 247,880,692 2042 $ s 7,460,975 $ $ 14,020,585 $ $ 6,368,429 $ 241,134,392 2043 $ $ 7,257,369 $ $ 14,385,188 $ $ 6,560,756 $ 233,814,247 2044 $ $ 7,036,456 $ $ 14,759,513 $ $ 6,758,890 $ 225,893,055 2045 $ $ 6,797,417 $ $ 15,143,825 $ $ 6,963,009 $ 217,342,529 2046 $ $ 6,539,397 $ $ 15,538,398 $ $ 7,173,292 $ 208,133,245 2047 $ $ 6,261,510 $ $ 15,943,512 $ $ 7,389,925 $ 198,234,610 2048 $ $ 5,962,833 $ $ 16,359,456 $ $ 7,613,101 $ 187,614,812 2049 $ $ 5,642,406 $ $ 16,786,525 $ $ 7,843,017 $ 176,240,778 2050 $ $ 5,299,233 $ $ 17,225,026 $ $ 8,079,876 $ 164,078,125 2051 $ $ 4,932,275 $ $ 17,675,271 $ $ 8,323,888 $ 151,091,117 2052 $ $ 4,540,456 $ $ 18,137,583 $ $ 8,575,269 $ 137,242,608 2053 $ $ 4,122,654 $ $ 18,612,292 $ $ 8,834,242 $ 122,493,996 2054 $ $ 3,677,707 $ $ 19,099,740 $ $ 9,101,037 $ 106,805,169 2055 $ $ 3,204,403 $ $ 19,600,276 $ $ 9,375,888 $ 90,134,445 2056 $ $ 2,701,487 $ $ 20,114,260 $ $ 9,659,040 $ 72,438,519 2057 $ $ 1,923,215 $ $ 36,829,856 $ $ 9,950,743 $ 37,240,176 2058 $ $ 854,474 $ $ 37,794,137 $ $ 10,251,255 $ (0) 2059 $ $ 152,491 $ 10,403,746 $ $ $ (0) $ (O) 2060 $ $ $ $ $ $ (0) $ (O)

        $            540,994,067        s           287,673,518      $           730,921,854       s              598,005,434        $             48,775,069 hlnual Decommissioning Fund Collections for 2019were $143,004,000 with Decommissioning Expenditures of$89,873,794 Beginning in 2023, amounts needed to cover LTE expenses will be transferred to the Decommissioning Trust ('90) Fund from the Decommissioning Supplemental ('92) Fund.

All collections and expenditures flow through the Decommissioning Supplemental Trust through 2022 . Beginning in 2023, LTE expenses are paid out of the Decommissioning Trust ('90) fund.

U.S. Nuclear Regulatory Commission LIC-20-0007 Attachment C Page 6 ATTACHMENT C Decommissioning Funds Annual Inflation and Earning Rates Inflation Earnings Year Rate Rate 2020 2.84% 1.69% 2021 2.96% 1.90% 2022 2.98% 2.13% 2023 2.88% 2.21% 2024 2.78% 2.31% 2025 2.67% 2.41% 2026 2.61% 2.55% 2027 2.58% 2.70% 2028 2.57% 2.86% 2029 2.56% 3.02% 2030 2.56% 3.02% 2031 2.56% 3.02% 2032 2.56% 3.02% 2033 2.56% 3.02% 2034 2.56% 3.02% 2035 2.56% 3.02% 2036 2.56% 3.02% 2037 2.56% 3.02% 2038 2.56% 3.02% 2039 2.56% 3.02% 2040 2.56% 3.02% 2041 2.56% 3.02% 2042 2.56% 3.02% 2043 2.56% 3.02% 2044 2.56% 3.02% 2045 2.56% 3.02% 2046-2059 2.56% 3.02%}}