ML20203P166

Discusses 860407 Study Considering Options for Facility. Options Range from Abandonment of Facility to Completion as Nuclear Plant.Conversion of Plant to Combined Cycle gas-fired Plant Chosen as Most Favorable Option

ML20203P166
Person / Time
Site:	Midland
Issue date:	04/21/1986
From:	Brenner J CONSUMERS ENERGY CO. (FORMERLY CONSUMERS POWER CO.)
To:	Bechhoefer C, Cowan F, Harbour J Atomic Safety and Licensing Board Panel
Shared Package
ML20203P160	List: ML20203P158 ML20203P166
References
NUDOCS 8605060373
Download: ML20203P166 (2)

Text

FRdh hlLH HHE , a T JE 04 12. ' 86 0 F 37 hu 4 PAYE -

i Consumers power ,

company uoat D tPARTMENT General offices: 212 West N idhjeen Avenue, Janson, M. 4920i (617) 78s4550 t

April 21, 1986 1

I I Charles Bechhoeferg Est Dr Jerry n.cbour Atomic Safety & Licensing Atomic Safety 4 Licensing US Nuclear Regulat ry Commission Board Panel Washington, DC 20 55 US Nuclear Regulatory Commtve, ion Washington, DC 20555 Dr Frederick P Cowm 6152 N Verde Trail!

Apt B-125 l Boca Raton, FL 332.33 MIDLAND PLANT, UNITS 1 AND 2, DOCKET NOS 50-329 AND 50-330

Dear Board Members:

On April 7, 1986, Consumers Power Company (the Company) issued a study considering various options fo : the Midland Nuclear Plant. The study considered four options ranging frpm abandoneent of the facility to compl'etion of the facility as a nuclear plant, The Options Study concluded that the most favorable option was conversion of phe plant to a combined-cycle gas fired plant. The Coepany's press release regarding the Midland Options Study is attached for your informa-tion. A copy of the Options Study is available to the board or parties on request.

The Company has reiuested that the Michigan Public Service Commission relieve it from a conditio in a rate order issued March 29, 1985, relating to the restart of constru tion of the Midland plant. The Company's future actions are continfentonbeinggrantedrelieffrcmsuchcondition. The Company is also subject to certain' negative covenants in financing arrangements with banks relatingtotheexhenditureoffundstocompletetheMidlandplant.

Given the present yncertainties, the Company desires to maintain its options for the Midland fagility. This includes retention of the Midland construction permit and maintenance of the operating license application in an inactive state. The Compan will continue to inform the Board and parties of any materihl developne es concerning the Midland plant, and will continue to meet its commitments to, file reports to the Board as long as the OL/0M proceeding

. remains open.

8605060373 860424 OC0486-0018A-MP32-1E15' $

A'. E I

, , [ 0M !GICH tTilE 49 22. 66 89s54 Nu.4 rA4E 3

~ s

' 2

, i .

s i

.,i Thank you for your attencion.

- [  !

.. gj% ~

J

/  :

CC: H R Denton, US.NRC Office of NRR ' '.

JGKeppler.UpNR'C Regior III M 1 N3 ler. ILiB '

r a

?

I

=

i i 'e t

! I l

i i

i l

OC0486-0018A-MP02-L ?l5 4

- . . - , , , ~ . . , , . , , , - . - - , - . - . . - , - - - - , , - ,. , . - -- , ,,, , .----- -- .-- -,.- -- - - -- - - - - - - . -,