ML20205H573
| ML20205H573 | |
| Person / Time | |
|---|---|
| Site: | Monticello, Prairie Island  |
| Issue date: | 03/29/1999 |
| From: | Richard Anderson NORTHERN STATES POWER CO. |
| To: | NRC (Affiliation Not Assigned), NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM) |
| Shared Package | |
| ML20137G462 | List: |
| References | |
| NUDOCS 9904080298 | |
| Download: ML20205H573 (5) | |
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Northern States Power Company Monticello Nuclear Generating Plant 2807 West County Road 75 1
Monticello. MN 55362 i
March 29,1999 10 CFR 140.21 Director of Nuclear Reactor Regulation U. S. Nuclear Regulatory Commission Attention: Document Control Desk Washington, DC 20555 i
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MONTICELLO NUCLEAR GENERATING PLANT Docket No. 50-263 License No. DPR-22 PRAIRIE ISLAND NUCLEAR GENERATING PLANT Docket No.
50-282 License No.
Guarantee of Payment of Deferred Premiums Federal regulation 10 CFR 140.21 and item 154 of Regulatory Guide 10.1 Rev 4, requires each If,
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licensee to provide evidence of maintaining a method to guarantee payment of deferred premiums for each licensed operating reactor. Regulatory Guide 9.4 provides guidelines for the guarantee method of submitting financial statements showing that a cash flow can be generated and would be available for payment of retrospective premiums within three months after submission of a request for payment.
In accordance with the above requirements, Northern States Power is hereby submitting the required 1998 actual and 1999 projected cash flow statements with proprietary information appropriately marked as provided by 10 CFR 2.790(b)(1), and with the required affidavit to support withholding the proprietary information from public disclosure.
As noted above, portions of the 1999 cash flow information are considered company confidential, and as such we request that it be withheld from public disclosure pursuant to 10 CFR 2.790(b)(1). The affidavit to support this request is provided as Attachment 1. Prop ietary and non-proprietary versions of the cash flow information are provided by Attachment 2 and respectively.
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Attachrnent 2 Contains NSP Proprietary Information 9904080298 990329 P
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p USNRC NORTHERN STATES POWER COMPANY March 29,1999
- Page 2 if you have any questions with regard to this information, please call Dee Lo at 612-330-7703 or Sam Shirey at 612-295-1449.
[ Roger O. Anderson
- Director, Nuclear Energy Engineering Attachments:
1.
NSP Affidavit to Request Withholding of Proprietary Information from Public Disclosure 2.
NSP's 1998 Actual Cash Flow and 1999 Projected Cash Flow (Proprietary Version) 3.
NSP's 1998 Actual Cash Flow and 1999 Projected Cash Flow (Non-Proprietary Version) c:
Regional Administrator-Ill, NRC Monticello NRR Project Manager, NRC Monticello Resident inspector, NRC Prairie Island NRR Project Manager, NRC Prairie Island Resident inspector, NRC State of Minnesota, Attn: Steve Minn J E Silberg P E Pender D W Lo G M Olson 3."J4/99 SIS % WALLEYE \\ TEAM \\ LICENSE \\Peno$c ReportsQPREM99 DOC l
e UNITED STATES NUCLEAR REGULATORY COMMISSION NORTHERN STATES POWER COMPANY MONTICELLO NUCLEAR GENERATING PLANT DOCKET NO. 50 263 PRAIRIE ISLAND NUCLEAR GENERATING PLANTS DOCKET NOs. 50-282 and 50 306 Request to Withhold Proprietary information from Public Disclosure Northem States Power Company, a Minnesota corporation, hereby requests that Attachment 2 to the letter entitled " Guarantee of Payment of Deferred Premiums" dated March 29,1999, be withheld from public disclosure due to its proprietary nature. The details of this request are provided in the following affidavit:
AFFIDAVIT I, Roger O. Anderson, being duly swom, depose and state as follows:
i (1)
I am Director, Nuclear Energy Engineering, Northern States Power Company ("NSP") and have been delegated the function of reviewing the information described in paragraph (2) which is sought to be withheld, and have been authorized to apply for its withholding.
(2)
The information sought to be withheld consists of portions of the 1999 Projected Cash Flow that is included in Attachment 2 to NSP's March 29,1999 letter to the NRC entitled " Guarantee of Payment of Deferred Premiums". Attachment 2, a one page document, has the words "NSP Proprietary information" on the bottom of the page.
1 (3) in making this application for withholding of proprietary information of which it is the owner, NSP relies upon the exemption from disclosure set forth in the NRC regulation 10 CFR 2.790(b)(1) for confidential financial information.
(4)
Justification for the request for withholding from public disclosure is provided by addressing the i
five items identified in 10 CFR 2.790(b)(4).
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To the best of my knowledge and belief; a.
This information is considered company confidential and has been held in confidence by NSP.
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b.
This information is of the type customarily held in confidence by NSP and the rationale basis is that it would provide an unfair advantage to competitors if it were disclosed.
c.
This information is transmitted in confidence to the NRC and the purpose of this request is to maintain its confidentiality.
d.
The 1999 projected cash flow information is not available from public sources.
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e.
Public disclosure of the information sought to be withheld is likely to cause harm to NSP's cornpetitive position and reduce the availability of profit-making opportunities.
This letter contains no restricted or other defense information.
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By y
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R6gerC Anderson Director Nuclear Energy Engineering l
On this20 day of 11'l(ti dL
/9# 'l before me a notary public in and for said County,
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personally appeared Roger O Anderson, Director, Nuclear Energy Engineering, and being first duly sworn acknowledged that he is authorized to execute this document on behalf of Northern States Power Company, that he knows the contents thereof, and that to the best of his knowledge, information, and belief the statements made in it are true and that it is not interposed for delay, l
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Notary Putdio-Minneeses l
9 w county y Commission Empires Jon 31,2000 i i
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NORTHERN STATES POWER COMPANY (MN and SUBS) 1998 Actual Cash Flow and 1999 Projected Cash Flow Related to Prospective Premiums for Monticello, Prairie Island I and Prairie Island 11 Nuclear Generating Units (Dollars in Thousands) 1998 1999 Actual Projected Total Total Net income After Taxes 282,373 3
Less Dividends Paid (219.746)
Retained Earnings 62,627 Adjustments:
Depreciation 423,213 Deferred income Taxes &
Investment Tax Credits (10,449)
Withheld from Allowance for Funds Used public disclosure During Construction (8,509) per Affidavit Total Adjustments 404,255 intemal Cash Flow 466,882 Average Quarterly Cash Flow 116,721 1
Percentage Ownership in All
, Operating Nuclear Units Monticello 100 %
Prairie Island i 100%
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Prairie Island il 100 %
1 Maximum Total Contingent J
Liabilrty for Secondary Financial Protection
$264,285,000/ accident S 30,000,000 maximum payment / year Cash and Banking Dee Lo 3/23/1999 j:cashbankywojectshrcfund1.xl NON-PROPRIETARY VERSION l