TMI-16-008, Decommissioning Funding Status Report
| ML16083A386 | |
| Person / Time | |
|---|---|
| Site: | Crane  |
| Issue date: | 03/23/2016 |
| From: | Halnon G GPU Nuclear |
| To: | Document Control Desk, Office of Nuclear Material Safety and Safeguards |
| References | |
| TMI-16-008 | |
| Download: ML16083A386 (10) | |
Text
luuct gAfr GPU Nuclear, Inc.
Three Mile lsland Nuclear Station Route 441 South Post Office Box 480 Middletown, PA 1 7057-0480 Tel 717-948-8461 10 cFR 50.75 10 cFR 50.82 March 23,2016 TMt-16-008 ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, D.C. 20555-0001
SUBJECT:
Three Mile lsland Nuclear Station, Unit 2 Docket No. 50-320, License No. DPR-73 Decommissionino Fundinq Status Report for the Three Mile lsland Nuclear Station.
Unit 2 Pursuant to 10 CFR 50.75 and 10 CFR 50.82, GPU Nuclear, Inc. is hereby submitting the following three reports to the Nuclear Regulatory Commission (NRC) for Three Mile lsland Nuclear
- Station, Unit 2 for the year ending December 31,2015. Attachment 1 provides a
decommissioning funding status report based on the NRC formula described in
'10 CFR 50.75(c). Attachment 2 provides a decommissioning funding status report based upon a site-specific decommissioning cost estimate. Attrachment 3 contains a financial assurance status report as required by 10 CFR 50.82(a)(8)(v).
There are no regulatory commitments contained in this letter. lf there are any questions or if additional information is required, please contact Mr. Thomas A. Lentz, Manager
- FirstEnergy Nuclear Operating Company Fleet Licensing, at (330) 315-6810.
Sincerely, 4##
Halnon President
Three Mile lsland Nuclear Station. Unit 2 TMt-16-008 Page2 Attrachments:
- 1. Three Mile lsland Nuclear Station, Unit 2 Decommissioning Funding Status Report - NRC Formula Three Mile lsland Nuclear
- Station, Unit 2 Decommissioning Funding Status Report -
Site-Specific Decommissioning Cost Estimate Three Mile lsland Nuclear
- Station, Unit 2 Financial Assurance Status Report NRC Region I Administrator NRC Project Manager NRC Resident Inspector 2.
3.
cc:
TMt-16-008 Three Mile lsland Nuclear
- Station, Unit 2 Decommissioning Funding Status Report - NRC Formula Page 1 of 3 This report reflects the FirstEnergy Corp. subsidiary ownership interests in the Three Mile lsland Nuclear Station, Unit 2 as of December 31,2015.
- 1. The minimum decommissioning fund estimate, pursuantto 10 CFR 50.75(b) and (c) (see Schedule 1):
Metropolitan Edison Company Pennsylvania Electric Company Jersey Central Power & Light Company FirstEnergy Corp. Consolidated
$250,670,659 125,335,330 125.335.329
$501,341
,318
- 2. The amount accumulated in external trust funds as of December 31,2015.
After Tax Metropolitan Edison Company
$324,050,034 Pennsylvania Electric Company 173,371,4'13 Jersey Central Power & Light Company 204,368.945 FirstEnergy Corp. Consolidated
$701,790,392
- 3. There are no longer any funds to be collected from the ratepayers.
- 4. The assumptions used regarding escalation in decommissioning cost, rates of earnings on decommissioning funds, and rates of other factors used in funding projections:
Consolidated Ownership Interest in Unit Estimated Net Investment Rate Year of Site Restoration Completion Year of Three Mile lsland Nuclear Station, Unit 1 end of license 1 00%
2.jQo/o 2053 2034 5.
6.
The decommissioning activities for Three Mib lsland Nuclear
- Station, Unit 2 are planned to commence after the shutdown of Three Mile lsland Nuclear Station, Unit 1. Three Mile lsland Nuclear Station, Unit 2 transitions from a Post-Defueling Monitored Storage status to decommissioning in 2040.
There are no contracts upon which the owners/licensees are relying pursuant to 10 CFR 50.75(eX1Xv).
There are no modifications to the licensee's current method of providing financial assurance since the last submitted report.
TMt-16-008 Page 2 of 3 7.
8.
There were no amendments to the trust agreements for the above-mentioned owners of Three Mile lsland Nuclear
- Station, Unit 2.
Mathematical rounding was performed during the development of the supporting calculations.
TMt-16-008 Page 3 of 3 Schedule 1 FIRSTENERGY GORP.
Calculation of Minimum Financial Assurance Amount December 31,2015 THREE MILE ISLAND NUCLEAR
- STATION, UNIT 2 Pennsvlvania Regions Labor (L) = Northeast Energy (E) = National Waste Burial (B) = Generic For PWR Unit 99,393,600 x
Owner/Licenseel Pennsylvania Electric Company Jersey Central Power & Light Company Metropolitan Edison Company FirstEnergy Corp. Consolidated Adjustment Factor f- =
2.71 f =
1.759
$ =
13.885 5.044 Ownership 25o/o 25o/o 50o/o Ratio 0.65 0.13 0.22 Escalation Factorl 1.76 0.229 3.055 PWR Escalation Factor =
5.044 Base Amount for PWR between 1200 MWt and 3400 MWt = ($ZS + 0.0088P) million (P = power level in megawatts thermal = 2772)
($ZS + 0.0088(2772))
million =
$99,393,600 Escalated Amount for unitl =
$501,341,318
$125,335,330
$125,335,329
$250.670,659 100o/o
$501,341,318 Note 1: Mathematical rounding was performed during the development of the supporting calculations.
TMt-16-008 Three Mile lsland Nuclear Station, Unit 2 Decommissioning Funding Status Report - Site-Specific Decommissioning Cost Estimate Page 1of4
- 1. Decommissioning funds estimated to be required pursuant to 10 CFR 50.75(b) and (c) are based upon a site-specific decommissioning cost study, Decommissioning Cost Analysis for Three Mile Island Unit 2. dated December 2014, and escalated to 2015 dollars:
NRC License Termination
$1,204,A22,000
- 2. The amount accumulated in external trust funds as of December 31,2015:
After Tax
$324,050,034 173,371,413 204.368.945
$701,790,392
- 4. The assumptions used regarding escalation in decommissioning cost, rates of earnings on decommissioning funds, and rates of other factors used in funding projections.
Metropolitan Edison Company Pennsylvania Electric Company Jersey Central Power & Light Company FirstEnergy Corp. Consolidated
- 3. There are no longer any funds to be collected from the ratepayers.
Consolidated Ownership Interest in Unit Estimated Rate of Escalation in Decommissioning Costs Estimated After-Tax Rate of Return Year of Site Restoration Completion Year of Three Mile lsland Nuclear
- Station, Unit 1 end of license 100o/o 0.00%
2.00o/o 2053 2034 5.
6.
The decommissioning activities for Three Mile lsland Nuclear
- Station, Unit 2 are planned to commence after the shutdown of Three Mile lsland Nuclear Station, Unit 1. Three Mile lsland Nuclear Station, Unit 2 transitions from a Post-Defueling Monitored Storage status to decommissioning in 2040.
Alf cost are based on a site-specific decommissioning cost study, Decommissioning Cosf Analysis for Three Mile lsland Unit 2, dated December 2014 (2013 dollars), then escaf ated to 2015 dollars using an escalation factor of 2.77o/o as documented in Escalation Analysis for Three Mile lsland Unit 2, dated February 2015.
There are no contracts upon which the owners/licensees are relying pursuant to 10 cFR 50.75(eX1Xv).
There are no modifications to the licensee's current method of providing financial assurance since the last submitted report.
Attachment 2
TMt-16-008 Page 2 of 4 7.
8.
There were no amendments to the trust agreements for the above-mentioned owners of Three Mile lsland Nuclear
- Station, Unit 2.
Site-Specific Cost Analysis Assumptions 10 CFR 50.75(eX1Xi),
- states, in part, that:
A licensee that has prepaid funds based on a site-specific estimate under 50.75(b)(1) of this section may take credit for projected earnings on the prepaid decommissioning trust funds, using up to a 2 percent annual real rate of return from the time of future funds' collection through the projected decommissioning period, provided that the site-specific estimate is based on a period of safe storage that is specifically described in the estimate.
In accordance with Regulatory Guide 1.159, Revision 2, afacility specific analysis may be used to demonstrate the adequacy of decommissioning funds, provided that:
NRC-required cost estimate for decommissioning costs, as defined in 10 CFR 50.2, is equal to orgreaterthan the amount stated in theformulas in 10 CFR 50.75(cX1) and (2).
The site-specific radiological decommissioning cost estimate is $1,204,022,000 which is greaterthan the 10 CFR 50.75(c) cost estimate of $501,341,318. The analysis assumes a
2 percent yearly rate of return. The analysis also assumes a period of safe storage. The cash flows were contained in a decommissioning cost estimate that was prepared for Three Mile lsland Nuclear
- Station, Unit 2. The cash flow analysis assumes the yearly expenses are incurred at the beginning of year.
Schedule 1 provides the site-specific analysis. The analysis values are in 2015 dollars.
The analysis includes the radiological costs.
Mathematical rounding was performed during the development of the supporting calculations.
- 10.
References:
Decommissioning Cosf Analysis for Three Mile lsland Unit 2, December 2014 (Accession No. ML15086A337)
Escalation Analysis for Three Mile lsland Unit 2 2013 Stfe-Specific Decommissioning Cosf Estimate.
February 2015 (Accession No. ML15086A337) 9.
A.
B.
TMr-16-008 Page 3 of 4 Schedule 1 FIRSTENERGY CORP.
Funding Analysis December 31,2015 THREE MILE ISLAND NUCLEAR STATION, UNIT 2 After-Tax 2.00o/o 0.00%
Estimated Net Investment Rate Estimated Escalation Rate Estimated After-Tax Rate of Return Qualified Trust Balance on December 31, 2015 Non-Qualified Trust Balance on December 31, 2015 Total 2.00o/o
$701,790,392
$701,790,392 Year Beginning Balance Deposits Earninqs Withdrawall'2 Ending Balance 2016 701,790,392 13,971,508 (3.215.000) 712,546,900 2017 712,546,900 14,186,798 (3,207,000) 723,526,698 2018 723,526,699 14.406.394 (3,207,000) 734.726.092 2019 734.726.092 14.630.382 (3,207,000) 746,149,474 2020 746,149,474 14,858,689 rc.215.000) 757,793,163 2021 757,793,163 15,091,723 (3.207.000) 769.677.886 2022 769.677.886 15.329.418 (3,207,000) 781.800,304 2023 781,800,304 15.571.866 (3,207,000) 794,165,170 2024 794,165,170 15,819,003 8.215.000) 806,769,174 2025 806,769,174 16,071
,243 (3.207.000) 819,633,417 2026 819,633,417 16,328,528 (3.207,000) 832.754.945 2027 832.754.945 16.590.959 (3,207,000) 846.138.904 2028 846.138.904 16,858,478 rc,215,000) 859.782.382 2029 859,782,382 17,131
,508 (3.207.000) 873,706,890 2030 873,706,890 17.409.998 (3,207,000) 997,909,888 2031 887.909.888 17,694,058 (3,207,000) 902.396,946 2032 902.396.946 17,983,639 8.215.000) 917,165,584 2033 917,165,584 18.279j72 (3.207.000) 932,237,756 2034 932,237,756 18.580.615 (3,207,000) 947,611,371 2035 947.611.371 18.888,087 (3,207,000) 963,292,459 2036 963.292.459 19,201,549 8.215.000) 979,279,008 2037 979,279,008 19,521,440 (3,207,000) 995,593,448
Attachment 2
TMt-16-008 Page 4 of 4 Schedule 1 (Continued)
Notes:
- 1. Withdrawal are assumed to be made at the beginning of the period.
- 2. There were no funds withdrawn from the decommissioning trust fund for years 2013, 2014, and 201 5.
Year Beginning Balance Deposits Earninqs Withdrawall'2 Ending Balance 2038 995,593,448 19,847,729 (3,207,000) 1,012,234,177 2039 1,012,234,177 20,180,544 (3,207,000) 1,029,207,721 2040 1,029,207,721 19,469,854 (55,715,000) 992,962,575 2041 992.962.575 18.023,231 (91,801,000) 919,184,806 2042 919,184,806 16,043,496 (17,010,000) 818,218,303 2043 818,218,303 14,024,166 (117,010,000) 715,232,469 2044 715,232,469 11,958,049 (117,330,000) 609,860,518 2045 609.860.518 9.857.010 (117,010,000) 502,707,528 2046 502.707,528 7.989.051 (103,255,000) 407,441,579 2047 407,441,579 6,605,532 ft7.165,000) 336,882.11 1
2048 336,882,111 5,190,122 f7.376.000) 264,696,233 2049 264.696.233 3.750.625 (77,165,000) 191.281.857 2050 191.281.857 2.282.337 u7,165,000) 116.399,195 2051 116,399,195 835.224 (74.638.000) 42.596,418 2052 42,596,418 425,408 (21.326.000) 21,695,827 2053 21.695.827 373.117 (3,040,000) 19.028.943 (1,204,022,000)
1.
Attachment 3
TMt-16-008 Three Mile lsland Nuclear Station, Unit 2 Financial Assurance Status Report Page 1 of 1 Formal decommissioning has not started at the Three Mile lsland Nuclear Station, Unit 2.
A special disbursement of decommissioning trust funds occurred in 2005 for $416,400.00.
Notification of this use of decommissioning funds was made to the NRC by letter dated February 1,2005 (Accession No. ML050380143).
No funds were spent on decommissioning activities in 2015.
Decommissioning funds estimated to be required are based upon a site-specific decommissioning cost study, Decommissioning Cosf Analysis for Three Mile Island Unit 2, dated December 2014, and escalated to 2015 dollars:
NRC License Termination
$1,204,022,000 As noted on Attachment 2, Schedule 1, FirstEnergy Corp. Funding Analysis dated December 31. 2015.
- 3. The amount accumulated in external trust funds as of December 31,2015:
2.
Metropolitan Edison Company Pennsylvania Electric Company Jersey Central Power & Light Company FirstEnergy Corp. Consolidated After Tax
$324,050,034 173,371,413 204.368,945
$701.790.392 4.
5.
There are no longer any funds to be collected from the ratepayers.
There are no modifications to the licensee's current method of providing financial assurance since the last submitted report.
There were no amendments to the trust agreements for the above-mentioned owners of Three Mib lsland Nuclear
- Station, Unit 2.
Mathematical rounding was performed during the development of the supporting calculations.
- 8.
References:
A. Decommissioning Cosf Analysis for Three Mile lsland Unit 2, December 2014 B. Escalation Analysis for Three Mile lsland Unit 2 2013 Stfe-Specific Decommissioning Cosf Estimate, February 2015 6.
7.
luuct gAfr GPU Nuclear, Inc.
Three Mile lsland Nuclear Station Route 441 South Post Office Box 480 Middletown, PA 1 7057-0480 Tel 717-948-8461 10 cFR 50.75 10 cFR 50.82 March 23,2016 TMt-16-008 ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, D.C. 20555-0001
SUBJECT:
Three Mile lsland Nuclear Station, Unit 2 Docket No. 50-320, License No. DPR-73 Decommissionino Fundinq Status Report for the Three Mile lsland Nuclear Station.
Unit 2 Pursuant to 10 CFR 50.75 and 10 CFR 50.82, GPU Nuclear, Inc. is hereby submitting the following three reports to the Nuclear Regulatory Commission (NRC) for Three Mile lsland Nuclear
- Station, Unit 2 for the year ending December 31,2015. Attachment 1 provides a
decommissioning funding status report based on the NRC formula described in
'10 CFR 50.75(c). Attachment 2 provides a decommissioning funding status report based upon a site-specific decommissioning cost estimate. Attrachment 3 contains a financial assurance status report as required by 10 CFR 50.82(a)(8)(v).
There are no regulatory commitments contained in this letter. lf there are any questions or if additional information is required, please contact Mr. Thomas A. Lentz, Manager
- FirstEnergy Nuclear Operating Company Fleet Licensing, at (330) 315-6810.
Sincerely, 4##
Halnon President
Three Mile lsland Nuclear Station. Unit 2 TMt-16-008 Page2 Attrachments:
- 1. Three Mile lsland Nuclear Station, Unit 2 Decommissioning Funding Status Report - NRC Formula Three Mile lsland Nuclear
- Station, Unit 2 Decommissioning Funding Status Report -
Site-Specific Decommissioning Cost Estimate Three Mile lsland Nuclear
- Station, Unit 2 Financial Assurance Status Report NRC Region I Administrator NRC Project Manager NRC Resident Inspector 2.
3.
cc:
TMt-16-008 Three Mile lsland Nuclear
- Station, Unit 2 Decommissioning Funding Status Report - NRC Formula Page 1 of 3 This report reflects the FirstEnergy Corp. subsidiary ownership interests in the Three Mile lsland Nuclear Station, Unit 2 as of December 31,2015.
- 1. The minimum decommissioning fund estimate, pursuantto 10 CFR 50.75(b) and (c) (see Schedule 1):
Metropolitan Edison Company Pennsylvania Electric Company Jersey Central Power & Light Company FirstEnergy Corp. Consolidated
$250,670,659 125,335,330 125.335.329
$501,341
,318
- 2. The amount accumulated in external trust funds as of December 31,2015.
After Tax Metropolitan Edison Company
$324,050,034 Pennsylvania Electric Company 173,371,4'13 Jersey Central Power & Light Company 204,368.945 FirstEnergy Corp. Consolidated
$701,790,392
- 3. There are no longer any funds to be collected from the ratepayers.
- 4. The assumptions used regarding escalation in decommissioning cost, rates of earnings on decommissioning funds, and rates of other factors used in funding projections:
Consolidated Ownership Interest in Unit Estimated Net Investment Rate Year of Site Restoration Completion Year of Three Mile lsland Nuclear Station, Unit 1 end of license 1 00%
2.jQo/o 2053 2034 5.
6.
The decommissioning activities for Three Mib lsland Nuclear
- Station, Unit 2 are planned to commence after the shutdown of Three Mile lsland Nuclear Station, Unit 1. Three Mile lsland Nuclear Station, Unit 2 transitions from a Post-Defueling Monitored Storage status to decommissioning in 2040.
There are no contracts upon which the owners/licensees are relying pursuant to 10 CFR 50.75(eX1Xv).
There are no modifications to the licensee's current method of providing financial assurance since the last submitted report.
TMt-16-008 Page 2 of 3 7.
8.
There were no amendments to the trust agreements for the above-mentioned owners of Three Mile lsland Nuclear
- Station, Unit 2.
Mathematical rounding was performed during the development of the supporting calculations.
TMt-16-008 Page 3 of 3 Schedule 1 FIRSTENERGY GORP.
Calculation of Minimum Financial Assurance Amount December 31,2015 THREE MILE ISLAND NUCLEAR
- STATION, UNIT 2 Pennsvlvania Regions Labor (L) = Northeast Energy (E) = National Waste Burial (B) = Generic For PWR Unit 99,393,600 x
Owner/Licenseel Pennsylvania Electric Company Jersey Central Power & Light Company Metropolitan Edison Company FirstEnergy Corp. Consolidated Adjustment Factor f- =
2.71 f =
1.759
$ =
13.885 5.044 Ownership 25o/o 25o/o 50o/o Ratio 0.65 0.13 0.22 Escalation Factorl 1.76 0.229 3.055 PWR Escalation Factor =
5.044 Base Amount for PWR between 1200 MWt and 3400 MWt = ($ZS + 0.0088P) million (P = power level in megawatts thermal = 2772)
($ZS + 0.0088(2772))
million =
$99,393,600 Escalated Amount for unitl =
$501,341,318
$125,335,330
$125,335,329
$250.670,659 100o/o
$501,341,318 Note 1: Mathematical rounding was performed during the development of the supporting calculations.
TMt-16-008 Three Mile lsland Nuclear Station, Unit 2 Decommissioning Funding Status Report - Site-Specific Decommissioning Cost Estimate Page 1of4
- 1. Decommissioning funds estimated to be required pursuant to 10 CFR 50.75(b) and (c) are based upon a site-specific decommissioning cost study, Decommissioning Cost Analysis for Three Mile Island Unit 2. dated December 2014, and escalated to 2015 dollars:
NRC License Termination
$1,204,A22,000
- 2. The amount accumulated in external trust funds as of December 31,2015:
After Tax
$324,050,034 173,371,413 204.368.945
$701,790,392
- 4. The assumptions used regarding escalation in decommissioning cost, rates of earnings on decommissioning funds, and rates of other factors used in funding projections.
Metropolitan Edison Company Pennsylvania Electric Company Jersey Central Power & Light Company FirstEnergy Corp. Consolidated
- 3. There are no longer any funds to be collected from the ratepayers.
Consolidated Ownership Interest in Unit Estimated Rate of Escalation in Decommissioning Costs Estimated After-Tax Rate of Return Year of Site Restoration Completion Year of Three Mile lsland Nuclear
- Station, Unit 1 end of license 100o/o 0.00%
2.00o/o 2053 2034 5.
6.
The decommissioning activities for Three Mile lsland Nuclear
- Station, Unit 2 are planned to commence after the shutdown of Three Mile lsland Nuclear Station, Unit 1. Three Mile lsland Nuclear Station, Unit 2 transitions from a Post-Defueling Monitored Storage status to decommissioning in 2040.
Alf cost are based on a site-specific decommissioning cost study, Decommissioning Cosf Analysis for Three Mile lsland Unit 2, dated December 2014 (2013 dollars), then escaf ated to 2015 dollars using an escalation factor of 2.77o/o as documented in Escalation Analysis for Three Mile lsland Unit 2, dated February 2015.
There are no contracts upon which the owners/licensees are relying pursuant to 10 cFR 50.75(eX1Xv).
There are no modifications to the licensee's current method of providing financial assurance since the last submitted report.
Attachment 2
TMt-16-008 Page 2 of 4 7.
8.
There were no amendments to the trust agreements for the above-mentioned owners of Three Mile lsland Nuclear
- Station, Unit 2.
Site-Specific Cost Analysis Assumptions 10 CFR 50.75(eX1Xi),
- states, in part, that:
A licensee that has prepaid funds based on a site-specific estimate under 50.75(b)(1) of this section may take credit for projected earnings on the prepaid decommissioning trust funds, using up to a 2 percent annual real rate of return from the time of future funds' collection through the projected decommissioning period, provided that the site-specific estimate is based on a period of safe storage that is specifically described in the estimate.
In accordance with Regulatory Guide 1.159, Revision 2, afacility specific analysis may be used to demonstrate the adequacy of decommissioning funds, provided that:
NRC-required cost estimate for decommissioning costs, as defined in 10 CFR 50.2, is equal to orgreaterthan the amount stated in theformulas in 10 CFR 50.75(cX1) and (2).
The site-specific radiological decommissioning cost estimate is $1,204,022,000 which is greaterthan the 10 CFR 50.75(c) cost estimate of $501,341,318. The analysis assumes a
2 percent yearly rate of return. The analysis also assumes a period of safe storage. The cash flows were contained in a decommissioning cost estimate that was prepared for Three Mile lsland Nuclear
- Station, Unit 2. The cash flow analysis assumes the yearly expenses are incurred at the beginning of year.
Schedule 1 provides the site-specific analysis. The analysis values are in 2015 dollars.
The analysis includes the radiological costs.
Mathematical rounding was performed during the development of the supporting calculations.
- 10.
References:
Decommissioning Cosf Analysis for Three Mile lsland Unit 2, December 2014 (Accession No. ML15086A337)
Escalation Analysis for Three Mile lsland Unit 2 2013 Stfe-Specific Decommissioning Cosf Estimate.
February 2015 (Accession No. ML15086A337) 9.
A.
B.
TMr-16-008 Page 3 of 4 Schedule 1 FIRSTENERGY CORP.
Funding Analysis December 31,2015 THREE MILE ISLAND NUCLEAR STATION, UNIT 2 After-Tax 2.00o/o 0.00%
Estimated Net Investment Rate Estimated Escalation Rate Estimated After-Tax Rate of Return Qualified Trust Balance on December 31, 2015 Non-Qualified Trust Balance on December 31, 2015 Total 2.00o/o
$701,790,392
$701,790,392 Year Beginning Balance Deposits Earninqs Withdrawall'2 Ending Balance 2016 701,790,392 13,971,508 (3.215.000) 712,546,900 2017 712,546,900 14,186,798 (3,207,000) 723,526,698 2018 723,526,699 14.406.394 (3,207,000) 734.726.092 2019 734.726.092 14.630.382 (3,207,000) 746,149,474 2020 746,149,474 14,858,689 rc.215.000) 757,793,163 2021 757,793,163 15,091,723 (3.207.000) 769.677.886 2022 769.677.886 15.329.418 (3,207,000) 781.800,304 2023 781,800,304 15.571.866 (3,207,000) 794,165,170 2024 794,165,170 15,819,003 8.215.000) 806,769,174 2025 806,769,174 16,071
,243 (3.207.000) 819,633,417 2026 819,633,417 16,328,528 (3.207,000) 832.754.945 2027 832.754.945 16.590.959 (3,207,000) 846.138.904 2028 846.138.904 16,858,478 rc,215,000) 859.782.382 2029 859,782,382 17,131
,508 (3.207.000) 873,706,890 2030 873,706,890 17.409.998 (3,207,000) 997,909,888 2031 887.909.888 17,694,058 (3,207,000) 902.396,946 2032 902.396.946 17,983,639 8.215.000) 917,165,584 2033 917,165,584 18.279j72 (3.207.000) 932,237,756 2034 932,237,756 18.580.615 (3,207,000) 947,611,371 2035 947.611.371 18.888,087 (3,207,000) 963,292,459 2036 963.292.459 19,201,549 8.215.000) 979,279,008 2037 979,279,008 19,521,440 (3,207,000) 995,593,448
Attachment 2
TMt-16-008 Page 4 of 4 Schedule 1 (Continued)
Notes:
- 1. Withdrawal are assumed to be made at the beginning of the period.
- 2. There were no funds withdrawn from the decommissioning trust fund for years 2013, 2014, and 201 5.
Year Beginning Balance Deposits Earninqs Withdrawall'2 Ending Balance 2038 995,593,448 19,847,729 (3,207,000) 1,012,234,177 2039 1,012,234,177 20,180,544 (3,207,000) 1,029,207,721 2040 1,029,207,721 19,469,854 (55,715,000) 992,962,575 2041 992.962.575 18.023,231 (91,801,000) 919,184,806 2042 919,184,806 16,043,496 (17,010,000) 818,218,303 2043 818,218,303 14,024,166 (117,010,000) 715,232,469 2044 715,232,469 11,958,049 (117,330,000) 609,860,518 2045 609.860.518 9.857.010 (117,010,000) 502,707,528 2046 502.707,528 7.989.051 (103,255,000) 407,441,579 2047 407,441,579 6,605,532 ft7.165,000) 336,882.11 1
2048 336,882,111 5,190,122 f7.376.000) 264,696,233 2049 264.696.233 3.750.625 (77,165,000) 191.281.857 2050 191.281.857 2.282.337 u7,165,000) 116.399,195 2051 116,399,195 835.224 (74.638.000) 42.596,418 2052 42,596,418 425,408 (21.326.000) 21,695,827 2053 21.695.827 373.117 (3,040,000) 19.028.943 (1,204,022,000)
1.
Attachment 3
TMt-16-008 Three Mile lsland Nuclear Station, Unit 2 Financial Assurance Status Report Page 1 of 1 Formal decommissioning has not started at the Three Mile lsland Nuclear Station, Unit 2.
A special disbursement of decommissioning trust funds occurred in 2005 for $416,400.00.
Notification of this use of decommissioning funds was made to the NRC by letter dated February 1,2005 (Accession No. ML050380143).
No funds were spent on decommissioning activities in 2015.
Decommissioning funds estimated to be required are based upon a site-specific decommissioning cost study, Decommissioning Cosf Analysis for Three Mile Island Unit 2, dated December 2014, and escalated to 2015 dollars:
NRC License Termination
$1,204,022,000 As noted on Attachment 2, Schedule 1, FirstEnergy Corp. Funding Analysis dated December 31. 2015.
- 3. The amount accumulated in external trust funds as of December 31,2015:
2.
Metropolitan Edison Company Pennsylvania Electric Company Jersey Central Power & Light Company FirstEnergy Corp. Consolidated After Tax
$324,050,034 173,371,413 204.368,945
$701.790.392 4.
5.
There are no longer any funds to be collected from the ratepayers.
There are no modifications to the licensee's current method of providing financial assurance since the last submitted report.
There were no amendments to the trust agreements for the above-mentioned owners of Three Mib lsland Nuclear
- Station, Unit 2.
Mathematical rounding was performed during the development of the supporting calculations.
- 8.
References:
A. Decommissioning Cosf Analysis for Three Mile lsland Unit 2, December 2014 B. Escalation Analysis for Three Mile lsland Unit 2 2013 Stfe-Specific Decommissioning Cosf Estimate, February 2015 6.
7.