ML20236X210

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Environ Assessment & Finding of No Significant Impact Re Issuance of Exemption from Requirements of 10CFR50.54(w)(1)
ML20236X210
Person / Time
Site: Cooper Entergy icon.png
Issue date: 11/27/1987
From: Paulson W
Office of Nuclear Reactor Regulation
To:
Shared Package
ML20236X198 List:
References
NUDOCS 8712090051
Download: ML20236X210 (2)


Text

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7590-01 UNITED STATES NUCLEAR REGULATORY COMMISSION NEBRASKA PUBLIC POWER DISTRICT DOCKET NO. 50-298 ENVIRONMENTAL ASSESSMENT AND FINDING OF N0 SIGNIFICANT IMPACT The U.S. Nuclear Regulatory Commission (NRC/the Commission) is considering issuance of an exemption from the requirements of 10 CFR 50.54(w)(1) to the Nebraska Public Power District (the licensee) for the Cooper Nuclear Station located in Nemaha County, Nebraska.

ENVIRONMENTAL ASSESSMENT Identification of Proposed Action:

The licensee would be exempted from the re;uirement of Paragraph 54(w)(1) of 10 CFR Part 50 from December 5, 1987 t rough December 4, 1988.

10 CFR 50.54(w)(1) requires that licensees have, w' thin 60 days of the effective date of the Rule, property damage insurance in the amount of at least $1.06 billion to provide financial security for stabilizing and decontaminating their licensed reactors in the event of an accident.

~ e Need for the Proposed Action:

The licensee is a political subdivision of

e State of Nebraska and, as such, is prohibited by State law from becoming a subscriber to the stock or any portion of interest of any corporation or association.

The licensee is therefore prohibited from becoming a member of Nuclear Electric Insurer's Limited (NEIL).

As a result, the licensee is unable to obtain the $1.06 billion, of property insurance as required by the Rule.

The District is seeking a declaratory judgement from the Nebraska Supreme Court which will enable it to become a NEIL member.

Until such time, the maximum amount of property insurance available to the licensee is the 0712090051 871:N32 PDR ADOCK 05000298 J

PDR

l

! 7590-01 l

$585 million available from the American Nuclear Insurers and the Mutual Reinsurance Pool.

The requested exemption will grant the licensee additional time to obtain the necessary ruling.

l Environmental Impacts of the Proposed Action:

The proposed action affects only insurance requirements and will have no effect on nuclear safety or on Therefore, the Commission has determined that there is no plant effluents.

environmental impact associated with the proposed action.

Alternative Use of Resources:

This action involves no use of resources.

Agencies Persons Consulted:

The NRC staff did not consult other agencies or persons.

FINDING OF NO SIGNIFICANT IMPACT Tne Comission has determined not to prepare an environmental impact statement for the proposed action.

For further details with respect to this action, see the licensee's application dated October 5,1987, which is available for public inspection at the Commission's Public Document Room,1717 'i Street, N.W., Washington, D.C.,

and at the Local Public Document Room in the Auburn Public Library,11815th Street, Auburn, Nebraska 88305.

Dated at Bethesda, Maryland this 27th day of November,1987.

FOR THE NUCLEAR REGULATORY COMMISSION h b.

$4 Walter A. Paulson, Acting Director Project Directorate - IV Division of Reactor Projects - III, IV, V and Special Projects Office of Nuclear Reactor Regulation

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