NOC-AE-14003080, Notice Regarding Withdrawal of Funds from Nuclear Decommissioning Trust Subaccounts

Notice Regarding Withdrawal of Funds from Nuclear Decommissioning Trust Subaccounts

ML14036A070
Person / Time
Site:	South Texas
Issue date:	01/28/2014
From:	Harrison G South Texas
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
NOC-AE-14003080
Download: ML14036A070 (3)

Text

JLMAIFAM Nuclear Operating Company South Texas Pro/ect Electric Generatin$Station PO.Box 289 Wadsworth. Texas 77483 A/

January 28, 2014 NOC-AE-14003080 File No.: D57, G25 10 CFR 50.75(h)

U.S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, D.C. 20555-0001 South Texas Project Units 1 and 2 Docket Nos. STN 50-498 and STN 50-499 Notice Re-gardingq Withdrawal of Funds from Nuclear Decommissionin-q Trust Subaccounts

References:

(1) Letter from G.R. Harrison, STPNOC, 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) (ML.100501159)

(2) Letter from J.G. Giitter, NRC, to E.D. Halpin, STPNOC, South Texas Project, Units 1 and 2 - Notice of Planned Withdrawal of Funds from NRG South Texas Nuclear Decommissioning Trust Fund Subaccounts (TAC NOS. ME3296 and ME3297), dated July 6, 2010 (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 $15 million from NRG South Texas's spent fuel management subaccounts in its nuclear decommissioning trust funds (NDTs) in order to pay for NRG South Texas's share of spent fuel management expenses incurred through December 31, 2014.

In accordance with conditions imposed by prior Order of the 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, and these subaccounts were evaluated by the NRC staff in Reference 2, in connection with a prior Notice of planned withdrawals from NRG South Texas's large component disposal subaccounts.

STI: 33815852

NOC-AE-14003080 Page 2 of 3 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 2014. NRG South Texas currently expects to make withdrawals on a quarterly basis, and therefore, its first withdrawal is expected to be made in April 2014, with subsequent withdrawals to follow in July 2014, October 2014 and January 2015.

STPNOC plans to make further annual Notices to the NRC regarding planned withdrawals for spent fuel management expenses incurred in 2015 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.

If the NRC requires additional information concerning this request, please contact Peter Nemeth at (713) 752-8665 or me at (361) 972-8074.

George R. Harrison General Manager, Finance and Accounting mk

NOC-AE-14003080 Page 3 of 3 cc:

(paper copy) (electronic copy)

Regional Administrator, Region IV A. H. Gutterman, Esquire U. S. Nuclear Regulatory Commission Morgan, Lewis & Bockius LLP 1600 East Lamar Boulevard Arlington, TX 76011-4511 Balwant K. Singal Balwant K. Singal Senior Project Manager U. S. Nuclear Regulatory Commission U.S. Nuclear Regulatory Commission One White Flint North (MS 8 81) John Ragan 11555 Rockville Pike Chris O'Hara Rockville, MD 20852 Jim von Suskil NRG South Texas LP NRC Resident Inspector U. S. Nuclear Regulatory Commission Kevin Polio P. O. Box 289, Mail Code: MNl16 Larry Blaylock Wadsworth, TX 77483 Richard Pena City Public Service Jim Collins City of Austin Peter Nemeth Electric Utility Department Crain Caton & James, P.C.

721 Barton Springs Road Austin, TX 78704 C. Mele City of Austin Richard A. Ratliff Texas Department of State Health Services Robert Free Texas Department of State Health Services