ML20217H342
| ML20217H342 | |
| Person / Time | |
|---|---|
| Site: | Clinton  |
| Issue date: | 09/17/1999 |
| From: | Hopkins J NRC (Affiliation Not Assigned) |
| To: | Sipek J ILLINOIS POWER CO. |
| References | |
| TAC-MA5980, NUDOCS 9910220109 | |
| Download: ML20217H342 (4) | |
Text
September 17, 1999 O
t' Mr. Joseph V. Sipek Director-Licensing Clinton Power Station P.O. Box 678 rueuc cocVMtNT ROOM Mail Code V920 Clinton,IL 61727
'99 OCT -5 A6 :58
Dear Mr. Sipek:
SUBJECT:
REQUEST FOR ADDITIONAL INFORMATION RELATED TO LICENSE TRANSFER APPLICATION FOR CLINTON POWER STATION, UNIT 1 (TAC NO. MA5980)
Dear Mr. Sipek:
]
On July 23,1999, you submitted an Application for License Transfer and Conforming l
Administrative License Amendment. The NRC staff has performed an initial review of your application and has several questions. Enclosures 1 and 2 contain questions about the application.. Enclosure 2 consists of questions that contain references to proprietary information and is being withheld from public disclosure.
To maintain your requested review schedule, please provide the requested information within 20 days of your receipt of this letter. Contact me if you have any questions.
Sincerely, Original Signed By Jon B. Hopkins, Senior Project Manager, Section 2 Project Directorate lil Division of Licensing Project Management Office of Nuclear Reactor Regulation Docket No. 50-461 Distribution w/ encl 1 & 2:
Docket File
Enclosures:
- 1. Request for Additional information
- 2. Request for Additional Information Distribution w/enci 1 ontv:
(Proprietary Version)
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Joseph V. Sipek Clinton Power Station, Unit 1 lilinois Power Company cc w/ encl 1:
John. P. McElwain -
lilinois Department of Nuclear Safety Senior Vice President Office of Nuclear Facility Safety Clinton Power Station ATTN: Mr. Frank Nizidlek P.O. Box 678 1035 Outer Park Drive Clinton,IL 61727-Springfield,IL 62704 Don Warfel Leah Manning Stetzner Manager Nuclear Station VP, General Counsel & Corp. Secretary Engineering Department 500 South 27th Street Clinton Power Station Decatur,IL 62525 P.O. Box 678 Clinton,IL 61727 Resident inspector U.S. Nuclear Regulatory Commission RR#3, Box 229 A -
Clinton,IL 61727 R. T. Hill Licensing Sen a Manager General Electrit Jompany 175 Curtner Avenue, M/C 481 San Jose, CA 95125 Regional Administrator, Region 111 U.S. Nuclear Regulatory Commission 801 Warrenville Road Lisle, IL 60532 4351 Chairman of DeWitt County c/o County Clerk's Office DeWitt County Courthouse Clinton,IL 61727 J. W. Blattner Project Manager Sargent & Lundy Engineers 55 East Monroe Street Chicago,!L 60603
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4 REQUEST FOR ADDITIONAL INFORMATION RELATED TO LICENSE TRANSFER APPLICATION FOR CLINTON POWER STATION (TAC NO. MA5980) i 1.
Application, p. 2. Identify the referenced ancillary agreements, besides the Power Purchase Agreement.-
2.
Application, p.18. The application indicates that AmerGen contemplates operating several sites and revenues would be would be available from operations at other sites, such as Nine Mile Point, to fund operating and maintenance expenses during an outage.
j However, on p.19, the application states that all or some of AmerGen's earnings will be available for distribution to PECO Energy and British Energy in years in which it has an operating surplus, and AmerGen will be able to use any carryover surpluses or obtain additional funds from PECO Energy and British Energy in years in which it needs to do so.
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j Several questions arise from these statements:
l 2a.
How will AmerGen use operating surpluses for outage expenses if such surpluses are transferred to PECO Energy and British Energy?
2b.
If funds are drawn on from PECO Energy and British Energy for outage expenses, how i
much of these carryover surpluses will AmerGen use before using the funds available through the $110 million guarantee?
2c.
What would be the financialimpact of requiring AmerGen to accumulate retained earnings over time (based on projections contained in Enclosure 6A) in the amount of
$80 million to cover 6 months' estimated outage expenses?
2d.
Given Clinton's operating history of extended shutdowns, has AmerGen made specific plans for addressing similar shutdowns if the transfer is completed? Does AmerGen contemplate funding a shutdown over an extended period (i.e., greater than 1 year)? If so, does it intend to draw on PECO Energy's and British Energy's resources that are j
separate from the proposed $110 million guarantee?
3.
Application, p. 21. The application indicates that at the time of closing, the fair market
' value of the decommissioning trust for Clinton wi!! be no less than $210 million.
However, on p. 22, the application states that this amount would be "in the range of l
$210 million." Please explain this possible discrepancy. Also, is the $210 mi; lion net of any taxes on the decommissioning trust fund as a result.of trust fund earnings or tax treatment of the transfer?
4.
Given that the decommissioning trust fund relies on future earnings to obtain the full funding required under 10 CFR 50.75(c), what would be the source of decommissioning funds if Clinton were to shut down prematurely? That is, would dismantlement be l
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deferred to allow the trust fund to accumulate sufficient earnings, or would AmerGen, PECO Energy, and/or British Energy contribute additional decommissioning funds to facilitate immediate dismantlement?
6.
' Enclosure 7, Schedule B. What were the actual market prices of electricity for electric power in the market in which Clinton operated for 1998 and 19997
- 7., p. 91. Under Section 8.3, the staff is assuming that the reference to
- CERLCA* means " CERCLA." Please indicate if this is correct.
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