PLA-6491, Attachment 2 to PLA-6491, Affidavit and Site-Specific Decommissioning Cost Analysis Schedules
| ML090920602 | |
| Person / Time | |
|---|---|
| Site: | Susquehanna  |
| Issue date: | 03/26/2009 |
| From: | Susquehanna |
| To: | Office of Nuclear Reactor Regulation |
| References | |
| PLA-6491 | |
| Download: ML090920602 (16) | |
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Proprietary Information to PLA-6491 Affidavit and Site - Specific Decommissioning Cost Analysis Schedules
AFFIDAVIT OF WILLIAM H. SPENCE I, William H. Spence, President, PPL Susquehanna, LLC (PPL), do hereby affirm and state:
- 1.
I am an officer of PPL Susquehanna, LLC, authorized to execute this affidavit on its behalf. I am further authorized to review information submitted to the Nuclear Regulatory Commission and apply for the withholding of information from disclosure.
- 2.
PPL is providing information which constitutes proprietary financial information that should be held in confidence by the NRC pursuant to the policy reflected in 10 CFR §§ 2.390(a)(4) and 9.17(a)(4), because:
- i.
This information is and has been held in confidence by PPL.
ii.
This information is of a type that is held in confidence by PPL, and there is a rational basis for doing so because the information contains sensitive financial information.
iii.
This information is being transmitted to the NRC in confidence.
iv.
This information is not available in public sources and could not be gathered readily from other publicly available information.
- v.
Public disclosure of this information would create substantial harm to the competitive position of PPL by disclosing PPL's internal cost projections to other parties whose commercial interests may be adverse to those of PPL.
- 3.
Accordingly, PPL requests that the information in Attachment 2 be withheld from public disclosure pursuant to the policy reflected in 10 CFR § § 2.390(a)(4) and 9.17(a)(4).
PPL Susquehanna, L OMMONWEALTH OF PENNSYLVANIA William H. Spence NOTARIAL SEAL DIANE M. KOCH, NOTARY PUBLIC President CITY OF ALLENTOWN, LEHIGH COUNlY MY COMMISSION EXPIRES SEPT. 29, 2011 Subscribed and sworn before me, a Notary Public in and for the Co.monwealth of Pennsylvania thi,9, day ofO n,2009.
Withold from public disclosure under to PLA-6491 10 CFR 2.390 Page 1 of 13 Company Confidential / Proprietary Site - Specific Decommissioning Cost Analysis PPL Susquehanna, LLC Susquehanna Steam Electric Station This attachment sets forth PPL's analysis of decommissioning for each unit under the SAFSTOR method of decommissioning. The analysis begins with the cost for license termination, in 2002 dollars, from the 2002 Site Specific Decommissioning Cost Analysis. An annual inflation rate of 4% is assumed to develop the cost in 2008 dollars.
The analysis projects the growth of the assets in each fund starting with the assets at December 31, 2008 and includes future contributions, real earnings at 3.5% and disbursements in 2008 dollars developed from the projected disbursements in the site-specific study. The disbursements are based on Tables 3.3B and 3.4B previously provided as proprietary information in Reference 1.
The summary at the end of the analysis starts with the assets at December 31, 2008 and aggregates future contributions, disbursements in 2008 dollars, real earnings and the assets in the fund after decommissioning is completed. This demonstrates PPL's ability to pay for all required decommissioning expenses under the SAFSTOR method of decommissioning.
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-6491 Page 2 of 13 Susquehanna SES Unit I SAFSTOR Method of Decommissioning
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$502,908 Table 3.3B 2002 Site-Specific Decommissioning Cost Analysis 90%
$452,617 470,722 489,551 509,133 529,498 550,678
$572,705 26.53%
4%
Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Assets Beginning of Year
$211,550 224,491 232,349 240,481 248,898 257,609 266,625 275,957 285,616 295,612 305,959 316,667 Contributions
$5,442 Disbursement 3.5%
Real s
Earnings 7,499 7,857 8,132 8,417 8,711 9,016 9,332 9,659 9,997 10,346 10,709 11,083 Assets End of Year
$224,491 232,349 240,481 248,898 257,609 266,625 275,957 285,616 295,612 305,959 316,667 327,751
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-6491 Page 3 of 13
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$502,908 Table 3.3B 2002 Site-Specific Decommissioning Cost Analysis 90%
$452,617 470,722 489,551 509,133 529,498 550,678
$572,705 26.53%
4%
Assets Beginning Year of Year 3.5%
Real Earninas Assets End of Year Contributions Disbursements 1
2 3
4 5
6 7
8 9
10 11 12 13 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 327,751 339,222 334,139 287,375 285,908 287,731 289,618 291,570 293,569 295,660 300,161 307,531 315,157 323,049 (17,106)
(58,974)
(11,627)
(8,256)
(8,256)
(8,256)
(8,279)
(8,256)
(5,898)
(3,164)
(3,166)
(3,166)
(3,166) 11,471 12,022 12,211 10,160 10,079 10,143 10,209 10,277 10,347 10,400 10,533 10,791 11,058 11,334 339,222 334,139 287,375 285,908 287,731 289,618 291,570 293,569 295,660 300,161 307,531 315,157 323,049 331,218
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-6491 Page 4 of 13
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$502,908 Table 3.3B 2002 Site-Specific Decommissioning Cost Analysis 90%
$452,617 470,722 489,551 509,133 529,498 550,678
$572,705 26.53%
14 15 16 17 18 19 20 21 22 23 24 25 26 27 4%
Year 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 Assets Beginning of Year 331,218 339,672 348,423 357,479 366,853 376,555 386,596 396,989 407,745 418,878 430,401 442,327 454,670 467,445 Contributions Disbursements (3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166) 3.5%
Real Earnings 11,620 11,916 12,222 12,539 12,868 13,207 13,559 13,922 14,299 14,688 15,092 15,509 15,941 16,388 Assets End of Year 339,672 348,423 357,479 366,853 376,555 386,596 396,989 407,745 418,878 430,401 442,327 454,670 467,445 480,668
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-6491 Page 5 of 13
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$502,908 Table 3.3B 2002 Site-Specific Decommissioning Cost Analysis 90%
$452,617 470,722 489,551 509,133 529,498 550,678
$572,705 26.53%
4%
28 29 30 31 32 33 34 35 36 37 38 39 40 41 Year 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 Assets Beginning of Year 480,668 494,353 508,517 523,177 538,350 554,054 570,308 587,131 604,542 622,563 641,215 660,519 680,499 701,178 Contributions Disbursements (3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166)
(3,166) 3.5%
Real Earnings 16,851 17,330 17,826 18,339 18,870 19,420 19,988 20,577 21,187 21,817 22,470 23,146 23,845 24,569 Assets End of Year 494,353 508,517 523,177 538,350 554,054 570,308 587,131 604,542 622,563 641,215 660,519 680,499 701,178 722,581
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-6491 Page 6 of 13
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$502,908 Table 3.3B 2002 Site-Specific Decommissioning Cost Analysis 90%
$452,617 470,722 489,551 509,133 529,498 550,678
$572,705 26.53%
4%
42 43 44 45 46 47 48 49 50 51 52 53 54 55 Year 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 Assets Beginning of Year 722,581 744,734 767,662 791,394 815,955 841,377 867,688 894,920 923,105 952,277 982,470 1,013,718 1,046,062 1,079,538 Contributions Disbursements (3,166)
(3,165)
(3,165)
(3,165)
(3,165)
(3,165)
(3,165)
(3,165)
(3,165)
(3,165)
(3,166)
(3,164)
(3,164)
(21,778) 3.5%
Real Earnings 25,318 26,093 26,896 27,726 28,586 29,476 30,397 31,350 32,336 33,357 34,414 35,508 36,640 37,974 Assets End of Year 744,734 767,662 791,394 815,955 841,377 867,688 894,920 923,105 952,277 982,470 1,013,718 1,046,062 1,079,538 1,095,735
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-6491 Page 7 of 13
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$502,908 Table 3.3B 2002 Site-Specific Decommissioning Cost Analysis 90%
$452,617 470,722 489,551 509,133 529,498 550,678
$572,705 26.53%
4%
56 57 58 59 60 Year 2077 2078 2079 2080 2081 Assets Beginning of Year 1,095,735 1,076,421 984,587 973,693 979,515 Contributions Disbursements (58,174)
(130,652)
(45,754)
(28,507)
(10,486) 3.5%
Real Earnings 38,860 38,818 34,861 34,329 34,375 Assets End of Year 1,076,421 984,587 973,693 979,515 1,003,404 Summary
$211,550
$5,442
$(572,705)
$1,359,117
$1,003,404
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-6491 Page 8 of 13
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Susquehanna SES Unit 2 SAFSTOR Method of Decommissioning Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$615,651 Table 3.4B 2002 Site-Specific Decommissioning Cost Analysis 90%
$554,086 576,249 599,299 623,271 658,202 674,130
$701,095 26.53%
4%
Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Assets Beginning of Year
$234,386 250,797 259,575 268,660 278,063 287,795 297,868 308,293 319,083 330,251 341,810 353,773 Contributions 8,066 Disbursements 3.5%
Real Earnings 8,345 8,778 9,085 9,403 9,732 10,073 10,425 10,790 11,168 11,559 11,963 12,382 Assets End of Year
$250,797 259,575 268,660 278,063 287,795 297,868 308,293 319,083 330,251 341,810 353,773 366,156
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-6491 Page 9 of 13
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$615,651 Table 3.4B 2002 Site-Specific Decommissioning Cost Analysis 90%
$554,086 576,249 599,299 623,271 658,202 674,130
$701,095 26.53%
4%
1 2
3 4
5 6
7 8
9 10 Year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Assets Beginning of Year 366,156 378,971 392,235 405,963 391,697 356,683 357,739 358,832 359,931 361,100 362,311 363,563 370,471 Contributions Disbursements (28,726)
(49,153)
(11,529)
(11,529)
(11,561)
(11,529)
(11,529)
(11,529)
(5,868)
(4,239) 3.5%
Real Earnings 12,815 13,264 13,728 14,460 14,139 12,585 12,622 12,660 12,698 12,739 12,782 12,776 13,004 Assets End of Year 378,971 392,235 405,963 391,697 356,683 357,739 358,832 359,931 361,100 362,311 363,563 370,471 379,236
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-6491 Page 10 of 13 I ý
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$615,651 Table 3.4B 2002 Site-Specific Decommissioning Cost Analysis 90%
$554,086 576,249 599,299 623,271 658,202 674,130
$701,095 26.53%
4%
Assets Beginning Year of Year 3.5%
Real Earninas Assets End of Year Contributions Disbursements 11 12 13 14 15 16 17 18 19 20 21 22 23 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 379,236 388,305 397,691 407,405 417,459 427,865 438,636 449,783 461,321 473,262 485,621 498,413 511,653 (4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242) 13,310 388,305 13,628 13,956 14,296 14,648 15,012 15,389 15,780 16,183 16,601 17,034 17,482 17,945 397,691 407,405 417,459 427,865 438,636 449,783 461,321 473,262 485,621 498,413 511,653 525,356
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-649 1 Page 11 of 13
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$615,651 Table 3.4B 2002 Site-Specific Decommissioning Cost Analysis 90%
$554,086 576,249 599,299 623,271 658,202 674,130
$701,095 26.53%
24 25 26 27 28 29 30 31 32 33 34 35 36 4%
Year 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 Assets Beginning of Year 525,356 539,538 554,217 569,410 585,135 601,410 618,254 635,688 653,732 672,408 691,737 711,743 732,450 Contributions Disbursements (4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242)
(4,242) 3.5%
Real Earnings 18,425 18,921 19,435 19,966 20,517 21,086 21,676 22,286 22,918 23,571 24,248 24,948 25,673 Assets End of Year 539,538 554,217 569,410 585,135 601,410 618,254 635,688 653,732 672,408 691,737 711,743 732,450 753,880
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-649 1 Page 12 of 13
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$615,651 Table 3.4B 2002 Site-Specific Decommissioning Cost Analysis 90%
$554,086 576,249 599,299 623,271 658,202 674,130
$701,095 26.53%
37 38 39 40 41 42 43 44 45 46 47 48 49 4%
Year 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 Assets Beginning of Year 753,880 776,061 799,019 822,779 847,372 872,826 899,171 926,439 954,660 983,870 1,014,101 1,045,391 1,077,776 Contributions Disbursements (4,242)
(4,242)
(4,242)
(4,242)
(4,241)
(4,241)
(4,241)
(4,241)
(4,241)
(4,241)
(4,241)
(4,241)
(4,241) 3.5%
Real Earnings 26,423 27,199 28,003 28,834 29,695 30,586 31,508 32,462 33,450 34,473 35,531 36,626 37,759 Assets End of Year 776,061 799,019 822,779 847,372 872,826 899,171 926,439 954,660 983,870 1,014,101 1,045,391 1,077,776 1,111,294
Withold from public disclosure under 10 CFR 2.390 Company Confidential / Proprietary to PLA-6491 Page 13 of 13
($ in thousands)
License Termination Cost Ownership %
PPL Cost Inflation Escalation from 2002 2002 2003 2004 2005 2006 2007 2008 to 2008
$615,651 Table 3.4B 2002 Site-Specific Decommissioning Cost Analysis 90%
$554,086 576,249 599,299 623,271 658,202 674,130
$701,095 26.53%
50 51 52 53 54 55 56 57 58 59 60 4%
Year 2073 2074 2075 2076 2077 2078 2079 2080 2081 2082 2083 Assets Beginning of Year 1,111,294 1,145,986 1,181,892 1,219,057 1,257,511 1,282,529 1,281,782 1,187,216 1,154,227 1,131,430 1,155,381 Contributions Disbursements (4,241)
(4,241)
(4,239)
(4,250)
(19,162)
(46,038)
(140,660)
(75,200)
(63,753)
(15,787)
(906) 3.5%
Real Earnings 38,932 40,147 41,403 42,704 44,181 45,291 46,093 42,211 40,956 39,738 40,446 Assets End of Year 1,145,986 1,181,892 1,219,057 1,257,511 1,282,529 1,281,782 1,187,216 1,154,227 1,131,430 1,155,381 1,194,921 Summary
$234,386
$8,066
$(701,095)
$1,653,564
$1,194,921