ML23059A078
| ML23059A078 | |
| Person / Time | |
|---|---|
| Site: | South Texas  |
| Issue date: | 02/27/2023 |
| From: | Cornelius S South Texas |
| To: | Office of Nuclear Material Safety and Safeguards, Office of Nuclear Reactor Regulation, Document Control Desk |
| References | |
| NOC-AE-23003943, 35435591 | |
| Download: ML23059A078 (1) | |
Text
Operoting Compony ufr South Texas Prokct Electric Genenting Station PO. Bo.v 289 Wadsworth. Texas 77483 February 27,2023 NOC-AE-23003943 10 cFR 50.75(h)
STI: 35435591 U.S. Nuclear Regulatory Commission ATTN: Director, Office of Nuclear Material Safety and Safeguards Washington, D.C. 20555-0001 South Texas Project Units 1 and 2 Docket Nos. STN 50-498 and STN 50-499 Notice Regarding Withdrawal of Funds from Nuclear Decommissioninq Trust Subaccounts
References:
1 Letter from G.R. Harrison to NRC Document Control Desk, "supplement 2 to Notice Regarding Withdrawal of Funds from Nuclear Decommissioning Trust Subaccounts (TAC# ME0938/ME0939),' dated February 11, 2010 (NOC-AE-10002519)
(M1100501159)
- 2. Letterfrom J.G. Giitterto E.D. Halpin, "South Texas Project, Units 1 and2-Notice of Planned Withdrawal of Funds from NRG South Texas Nuclear Decommissioning Trust Fund Subaccounts (TAC Nos. ME3296 and ME3297),'dated July 6,2010 (AE-NOC-1 0002012) (ML101580250)
STP Nuclear Operating Company (STPNOC), acting on behalf of NRG South Texas LP (NRG South Texas), hereby provides Notice of planned withdrawals of up to $7.0 million from NRG South Texas spent fuel management subaccounts in its nuclear decommissioning trust funds (NDTs) in order to pay for the NRG South Texas share of spent fuel management expenses incurred through December 31,2023.
ln accordance with conditions imposed by prior Order of the U.S. Nuclear Regulatory Commission (NRC), Section 2.04 of the trust agreements governing the NRG South Texas NDTs requires that Notice be provided to the NRC at least thirty days prior to any disbursement from the NDTs, other than disbursements to pay administrative costs. NRG South Texas created the spent fuel management subaccounts pursuant to the terms of an Order issued by the Public Utility Commission of Texas on October 10, 2008. Further details regarding the spent fuel management subaccounts were provided in Reference 1. These subaccounts were evaluated by the NRC staff in Reference 2 in connection with a prior notice of planned withdrawals from NRG South Texas large component disposal subaccounts.
NRG South Texas now desires to withdraw funds to pay for spent fuel management expenses.
Notice is hereby given that monthly or quarterly withdrawals are planned in order to fund the spent fuel management expenses incurred through the calendar year of 2023. NRG South Texas currently expects to make withdrawals on a quarterly basis, and therefore, its first withdrawal is expected to be made in April 2023, with subsequent withdrawals to follow in July 2023, October 2023, and January 2024.
NOC-AE-23003943 Page 2 of 2 STPNOC plans to make further annual Notices to NRC regarding planned withdrawals for spent fuel management expenses incurred in 2024 and other future years. The proposed amounts of withdrawals will likely vary from year to year due to a variety of factors such as annual fluctuations in expenses, the expected recoveries of certain costs from the U.S. Department of Energy (DOE), and the timing of payments made by DOE, which are expected to provide a further source of funding for ongoing spent fuel management activities.
Provided that the NRC staff has no objection to the planned withdrawals, no further action by the NRC is required. Under the terms of the trust agreements, NRG South Texas will be authorized to make such withdrawals unless the NRC staff makes a written objection to the Trustee within 30 days after this Notice or prior to any actual disbursement.
This letter contains no new commitments.
lf there are any questions regarding this matter, please contact Joe Loya at (361) 972-8218 or myself at (361) 972-4335.
Savannah Cornelius Vice President Finance &
Accounting JAL ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555-0001 cc: