PLA-8161, NRC Decommissioning Funding Status Report December 31, 2024
| ML25090A260 | |
| Person / Time | |
|---|---|
| Site: | Susquehanna  |
| Issue date: | 03/31/2025 |
| From: | Casulli E Susquehanna, Talen Energy |
| To: | Office of Nuclear Reactor Regulation, Document Control Desk |
| References | |
| PLA-8161 | |
| Download: ML25090A260 (1) | |
Text
Edward Casulli Site Vice President Susquehanna Nuclear, LLC 769 Salem Boulevard Berwick, PA 18603 Tel. 570.542.3795 Fax 570.542.1504 Edward.Casulli@TalenEnergy.com TALEN~
ENERGY March 31, 2025 U.S. Nuclear Regulatory Commission Attn: Document Control Desk Washington, DC 20555-0001 10 CFR 50.75 SUSQUEHANNA STEAM ELECTRIC STATION NRC DECOMMISSIONING FUNDING STATUS REPORT PLA-8161 Docket Nos. 50-387 and 50-388 Pursuant to 10 CFR 50.75(f)(l), Susquehanna Nuclear, LLC, hereby submits decommissioning information for its ninety percent share of the Susquehanna Steam Electric Station (SSES) Unit 1 and Unit 2.
The attachment to this letter contains the NRC Decommissioning Funding Status Report for SSES for the year ending December 31, 2024.
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.
!M?ZJ(
E. Casulli
Attachment:
NRC Decommissioning Funding Status Report December 31, 2024 Copy:
NRC Region I Ms. A. Klett, NRC Project Manager Ms. J. England, NRC Senior Resident Inspector Mr. M. Shields, PA DEP/BRP
Attachment to PLA-8161 NRC Decommissioning Funding Status Report December 31, 2024
Attachment to PLA-8161 Page 1 of2 NRC Decommissioning Funding Status Report December 31, 2024 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)(l) 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).
Information is submitted to provide Financial Assurance
- 1. The minimum amount of decommissioning funds estimated to be required pursuant to 10 CFR 5 0. 7 5 (b) and (c).
At December 31, 2024.
Attachment to PLA-8161 Page 2 of2 Unit 1 Unit2
$645,529,500
$645,529,500 Susquehanna's calculation of the NRC minimum formula is reflected in Exhibit 1 to 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, 2024.
$816,038,967
$908,750,188
- 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 0%
0%
Estimated Real Earnings rate on decommissioning 2.0%
2.0%
funds per 10 CFR 50.75(e)(l)(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 None None
- 5. Any power sale contracts upon which licensee is None None relying to provide financial assurance.
- 6. Modifications to licensee's method of providing None None financial assurance since previous report.
- 7. Material changes to trust agreement.
Attachment to PLA-8161 Exhibit 1 Page 1 of 3 Calculation of Escalation Factors Used in Computation of Minimum Financial Assurance Amount for Decommissioning SSES Units 1 and 2 Boiling Water Reactor (BWR)
Escalation Factor Formula-0.65(L) + 0.13(E) + 0.22(B)
Escalation= (0.65 x 3.637) + (0.13 x 2.953) + (0.22 x 11.658)
Escalation= (2.364 + 0.384 + 2.565) = 5.313 (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 2024 Index Number 168.4 L=
December 2005 Index Number 100.0 December 2005 Base 2.16 168.4 100.0 times 2.16 Equals 3.637 (E) - Energy - (Producer Price Index Commodities, Series ID: WPU0543 and WPU0573)
E =
(0.54P + 0.46F)
E =
(0.54 x 2.583) + (0.46 x 3.387)
E =
1.395 + 1.558 = 2.953 P - Industrial Power, 500 kW Demand - (Commodity 0543)
December 2024 Index Number 295.0 January 1986 Index Number 114.21 P=
295.0 equals 2.583 114.2 1 Represents the national base value of Pat January 1986. The base value of Pis no longer determined on a regional basis.
Attachment to PLA-8161 Exhibit 1 Page 2 of 3 F - Light Fuel Oils - (Commodity 0573)
F=
(B) - Waste Burial December 2024 Index Number 277.7 January 1986 Index Number 82.0 2 77. 7 equals 82.0 3.387 NUREG - 1307, Rev. 20, "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 11.658
Attachment to PLA-8161 Exhibit 1 Page 3 of3 Susquehanna Nuclear, LLC Computation of Minimum Financial Assurance Amount for Decommissioning SSES 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
$135,000,000
$135,000,000 Unit 2 = 3,952 MWt Ownership Percentage 90%
90%
Base Amount per Unit
$121,500,000
$121,500,000 Escalation Factor 5.313 5.313 Escalated Amount per Unit
$645,529,500
$645,529,500 Total Escalated Amount (Unit 1 + Unit 2)
$1,291,059,000