ML23090A230
| ML23090A230 | |
| Person / Time | |
|---|---|
| Site: | Susquehanna  |
| Issue date: | 03/31/2023 |
| From: | Casulli E Susquehanna, Talen Energy |
| To: | NRC Region 1, Document Control Desk |
| References | |
| Download: ML23090A230 (1) | |
Text
Edward Casulli Susquehanna Nuclear, LLC Site Vice President 769 Salem Boulevard Berwick, PA 18603 Tel. 570.542.3795 Fax 570.542.1504 Edward.Casulli@TalenEnergy.com U. S. Nuclear Regulatory Commission 10 CFR 50.75 Attn: Document Control Desk Washington, DC 20555-0001 SUSQUEHANNA STEAM ELECTRIC STATION NRC DECOMMISSIONING FUNDING STATUS REPORT Docket Nos. 50-387 PLA-8049 and 50-388 Pursuant to 10 CFR 50.75(f)(1), Susquehanna Nuclear, LLC (Susquehanna), hereby submits decommissioning information for its ninety percent share of Susquehanna Steam Electric Station (SSES) Unit 1 and Unit 2.
The attachment to this letter contains the NRC Decommissioning Funding Status Report for Susquehanna at December 31, 2022.
There are no new or revised regulatory commitments identified in this letter.
Should you have any questions regarding this submittal, please contact Ms. Melisa Krick, Manager - Nuclear Regulatory Affairs, at (570) 542-1818.
E. Casulli
Attachment:
NRC Decommissioning Funding Status Report December 31, 2022 Copy: NRC Region I Ms. A. Klett, NRC Project Manager Mr. C. Highley, NRC Senior Resident Inspector Mr. M. Shields, PA DEP/BRP March 31, 2023 TALEN~
ENERGY
Attachment to PLA-8049 NRC Decommissioning Funding Status Report December 31, 2022
Attachment to PLA-8049 Page 1 of 2 NRC Decommissioning Funding Status Report December 31, 2022 Susquehanna Nuclear, LLC Susquehanna Steam Electric Station Susquehanna Nuclear, LLC (Susquehanna) hereby submits this Decommissioning Funding Status Report in compliance with 10 CFR 50.75(f)(1) for its 90% share of Susquehanna Steam Electric Station (SSES) Unit 1 and Unit 2.
Susquehanna has analyzed its current funding levels for both SSES units and concluded that these funding levels will be sufficient to pay for the decommissioning costs of each unit at the time permanent termination of operations is expected for each unit, consistent with the NRC prescribed minimum set forth in 10 CFR 50.75(c).
Attachment to PLA-8049 Page 2 of 2 Information is submitted to provide Financial Assurance Unit # 1 Unit #2
- 1. The minimum amount of decommissioning funds estimated to be required pursuant to 10 CFR 50.75 (b) and (c).
At December 31, 2022.
$652,333,500
$652,333,500 Susquehanna Nuclear, LLC's calculation of the NRC minimum formula is reflected in Exhibit 1 (behind this Attachment).
- 2. The amount accumulated at the end of the calendar year preceding the date of the report, net of taxes paid on realized gains and losses, for items included in 10 CFR 50.75 (b) and (c).
Market Value at December 31, 2022.
$665,138,126
$739,536,201
- 3. Annual amounts remaining to be collected.
$0
$0
- 4. The assumptions used regarding escalation in decommissioning cost, rates of earnings on decommissioning funds, and rates of other factors used in funding projections.
Estimated Inflation rate for decommissioning costs Estimated Real Earnings rate on decommissioning funds per 10 CFR 50.75(e)(1)(ii) which are credited up to the time of permanent termination of operations along with a pro-rata credit during the dismantlement period.
Rates of other factors used in funding projections 0%
2.0%
None 0%
2.0%
None
- 5. Any power sale contracts upon which licensee is relying to provide financial assurance.
- 6. Modifications to licensee's method of providing financial assurance since previous report.
- 7. Material changes to trust agreement.
Attachment to PLA-8049 Exhibit 1 Page 1 of 3 Calculation of Escalation Factors Used in Computation of Minimum Financial Assurance Amount for Decommissioning Susquehanna Steam Electric Station Units 1 and 2 Boiling Water Reactor (BWR)
Escalation Factor Formula -
0.65(L) + 0.13(E) + 0.22(B)
Escalation = (.65 x 3.391) + (.13 x 3.538) + (.22 x 12.296)
Escalation = (2.204 +.460 + 2.705) = 5.369 (L) - Labor - (Bureau of Labor Statistics, Table 6, Compensation, Employment Cost Index, for total compensation, private industry workers, by bargaining status, region and area size)
Northeast region - December 2022 Index Number 157.0 December 2005 Index Number 100.0 December 2005 Base 2.16 L =
157.0 times 2.16 Equals 3.391 100.0 (E) - Energy - (Producer Price Index Commodities, Series ID: WPU0543 and WPU0573)
E =
(.54P +.46F)
E =
(.54 x 2.451) + (.46 x 4.813)
E =
1.324 + 2.214 = 3.538 P - Industrial Power, 500 kW Demand - (Commodity 0543)
December 2022 Index Number 279.9 January 1986 Index Number 114.2 (1)
P =
279.9 equals 2.451 114.2
Attachment to PLA-8049 Exhibit 1 Page 2 of 3 F - Light Fuel Oils - (Commodity 0573)
December 2022 Index Number 394.7 January 1986 Index Number 82.0 F =
394.7 equals 4.813 82.0 (B) Waste Burial NUREG - 1307, Rev. 19, NRC Report on Waste Burial Charges Table 2.1 Generators Located in the Unaffiliated States and those located in compact-affiliated states having no disposal facility 12.296 (1) Represents the national base value of P at January 1986. The base value of P is no longer determined on a regional basis.
Attachment to PLA-8049 Exhibit 1 Page 3 of 3 Susquehanna Nuclear, LLC Computation of Minimum Financial Assurance Amount for Decommissioning Susquehanna Steam Electric Station Units 1 and 2 Unit 1 Unit 2 Base amount for BWR greater than 3,400 MWt = $135 million The Power Level of Unit 1 = 3,952 MWt and Unit 2 = 3,952 MWt
$135,000,000
$135,000,000 Ownership Percentage 90%
90%
Base Amount per Unit
$121,500,000
$121,500,000 Escalation Factor 5.369 5.369 Escalated Amount per Unit
$652,333,500
$652,333,500 Total Escalated Amount (Unit 1 + Unit 2)
$1,304,667,000