ML20235D082

Amend 4 to Application for Ol,Increasing Size of Reactor & Changing Estimated Costs for Const

ML20235D082
Person / Time
Site:	05000000, Shoreham
Issue date:	04/18/1969
From:	Sugden A LONG ISLAND LIGHTING CO.
To:	Morris P US ATOMIC ENERGY COMMISSION (AEC)
Shared Package
ML20235B311	List: IA-87-111, Submits Rept on Plant,As Discussed in ACRS 150th Meeting on 721012-14.Listed Items Can Be Resolved During Const & Facility Can Be Constructed W/Reasonable Assurance for Operation W/O Undue Risk to Public Safety IR 05000254/1972009 IR 05000358/1972003 IR 05000358/1973001 IR 05000358/1973002 IR 05000358/1973003 IR 05000358/1973005 IR 05000358/1973006 IR 05000358/1973007 IR 05000358/1974001 IR 05000358/1974002 IR 05000358/1974003 IR 05000358/1975004 ML20235B308 ML20235B364 ML20235B401 ML20235B405 ML20235B424 ML20235B456 ML20235B461 ML20235B465 ML20235B477 ML20235B488 ML20235B507 ML20235B552 ML20235B582 ML20235B585 ML20235B588 ML20235B605 ML20235B618 ML20235B623 ML20235B649 ML20235B656 ML20235B662 ML20235B670 ML20235B679 ML20235B683 ML20235B687 ML20235B702 ML20235B708 ML20235B713 ML20235B714 ML20235B718 ML20235B720 ML20235B730 ML20235B734 ML20235B748 ML20235B754 ML20235B762 ML20235B764 ... further results
References
FOIA-87-111 NUDOCS 8709250110
Download: ML20235D082 (3)

Text

W EE,CO LONG ISLAND LIG HTING COM PANY sw.2Wrs urnW 175 EAST O '. O COUNTRY HOAD e M I C K S V I L L E, N E W YORK 18801

'"'0$"..*;Jfj,"" April 18, 1969 f' ig Dr. Peter A. Morris, Director ""..

.6.g.h... (C Division of Reactor Licensing ,Y U.S. Atomic Energy Commission ' '

4915 St. Elmo Avenue jf. l lw\; -

pg Bethesda, Maryland 20014 g{. qc ch\ j{g

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.;. Q' W Q/2 Amendment No. 4 to License Application 1LN Shoreham Nuclear Power Station Unit 1 N_/y'. d N(tim k Docket No. 50-322 _

i s t tory

. N Da' Pursuant to the Atomic Energy Act of 1954 as amended, and the Commission's Rules and Regulations issued thereunder, Long Island Lighting Company supplements and -

amends its license application filed May 15, 1968, as follows:

1. Increase in Size of Shoreham Unit 1 The size of Shoreham Unit 1 will be increased in size I to a rating of 2436 Mwt which will produce a station gross electrical output of approximately 850 Mw.

Seventy-three (73) copies of a new Preliminary Safety l Analysis Report (PSAR) describing the features of the new unit are submitted as a part of this amendment.

2. Estimate of Construction Costs The estimate of the total cost of Shoreham Unit 1 is:

(a) Total nuclear production plant costs $183,500,000 (b) Transmission, distribution and general plant costs 28,500,000 (c) Nuclear fuel inventory costs for first core 23,000,000 Total Estimated Cost $235,000,000 These costs are based on late 1968 dollars.

8709250110 870921 PDR FOIA l MENZO7-111 PDR ,

_ _ _ _ _ _ _ _ J

r Dr. Peter A. Morris April 18, 1969 Page 2

3. Source of Construction Funds The total assets of LILCO are presently in excess of

$882,000,000. Operating revenues for 1968 were approxi-mately $261,000,000 and net income was in excess of

$38,000,000. For a more detailed analysis of the Company's I financial state, a copy of the 1968 Annual Report is L attached to this Amendment.

l

! Construction requirements for LILCO for the years 1969 through 1973, including a major portion of the cost of the Shoreham Nuclear Power Station as set forth in para-graph (2) above, are estimated at $573,000,000. It is anticipated that approximately 40% of this amount will be supplied by internal funds with the remaining 60% to be secured from external sources. As of this time, it is not possible to predict the type of securities that will be sold to receive the capital. LILCO has, however, been successful in raising sufficient capital in the past to meet its expanding construction program.

4 Construction Schedule Major construction work is expected to begin at the site following the issuance of the construction permit. The estinated earliest and latest construction completion dates for the station are October 1,1974 and October 1, 1975 respectively. Commercial operation of the station is scheduled for May 1, 1975 Very truly yours, CZ C. j l ate A. C. Sugden c0 o) 9 Or &

_ APg C'O y 4 N

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t STATE 0F.NEW YORK )s.s.

COUNTY OF NASSAU )

Before.me personally appeared A. C..Sugden, who being duly sworn, said (1) that'he is a Vice President of Long Island Lighting Compan~, (2) that he.is duly authorized to execute and file the foregoing amendment in behalf of.that Company, and (3) that the above fore .

going statements are true to the best of his knowledge and belief.

00 h A. C. Sugden Sworn'to and subscribed before me, this 18th day of April,.1968.

h Anna K. Dunn

/$bcn.- -

Notary Public, State of New York No. 30-1045100 Qualified in Nassau County Term Expires March 30, 1971 l

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