ML20238F768

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Staff Requirements Memo Re Affirmation Session on 980902 in Rockville,Md Concerning SECY-98-164, Final Rule on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors
ML20238F768
Person / Time
Issue date: 09/02/1998
From: Hoyle J
NRC OFFICE OF THE SECRETARY (SECY)
To: Callan L
NRC OFFICE OF THE EXECUTIVE DIRECTOR FOR OPERATIONS (EDO)
References
FRN-63FR50465, REF-10CFR9.7 AF41-2-057, AF41-2-56, AF41-2-57, M980902B, SECY-98-164-C, NUDOCS 9809040291
Download: ML20238F768 (3)


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UNITED STATES

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NUCLEAR REGULATORY COMMIE @5 ION k

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  • September 2, 1998 REFER TO: M980902B -

OFFICE OF THE SECRETARY MEMORANDUM FOR:

L. Joseph Callan Executive Director for Operations FROM:

John C. Hoyle, Secretary g

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SUBJECT:

STAFF REQUIREMENTS - AFFIRMATION SESSION,11:30 A.M., WEDNESDAY, SEPTEMBER 2,1998, COMMISSIONERS' CONFERENCE ROOM, ONE WHITE FLINT NORTH,

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ROCKVILLE, MARYLAND (OPEN TO PUBLIC ATTENDANCE)

L SECY-98-164 - Final Rule on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors The Cornmission approved a final rule amending 10 CFR Part 50 relating to financial assurance requirements for decommissioning of nuclear power plants. The rule is responsive to the f

anticipated rate deregulation of the power generating industry.

Following incorporation of the attached changes, the Federal Reaister notice should be reviewed by the Rules Review and Directives Branch in the Office of Administration and forwarded to the Office of the Secretary for signature and publication.

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(SECY Suspense:

9/11/98) jf The staff should use the intervening period of time between the publication date of the rule and the effective date to determine whether licensees who are known to be lacking decommissioning funding assurance, under the new regulatory criteria, can demonstrate an equivalent level of financial qualifications through other mechanisms. Further, the staff should apprise itself of what actions such licensees intend either to take to bring themselves into compliance or to obtain relief through established regulatory processes by the effective date of the rule.

Attachment.

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As stated l

3 9eo9040291 980902 g jf -f fgg PDR 10CFR l

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cc:

Chairman Jackson Commissioner Diaz Commissioner McGaffigan OGC CIO CFO OCA OlG.

' Office Directors, Regions, ACRS, ACNW, ASLBP (via E-Mail)

PDR - Advance DCS '- P1-17.

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i Changes to the Federal Register Notice in SECY-98-104 1.

On page 46, third line from the bottom, replace ' project' with ' projected.'

2.

On page 47, the last sentence in the last paragraph should be revised to read:

"NRC also is adopting commenter suggestions that the reporting frequency be increased for plants approaching the end of commercial operation and for plants where conditions have changed such that it will prematurely close within five years or has already prematurely closed before the end of its licensed life, or for plants involved in merger / acquisitions."

3.

On page 76, line 4, insert '(before the end of its licensed life)' after 'S years' and insert

'(before the end of its licensed life)' after 'already closed.'

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