View source for ENOC-14-00009, Decommissioning Funding Status Report Per 10 CFR Section 50.75(f)(1) and 10 CFR 50.82(a)(8)(v) - Entergy Nuclear Operations, Inc

{{Adams
| number = ML14092A362
| issue date = 03/28/2014
| title = Decommissioning Funding Status Report Per 10 CFR Section 50.75(f)(1) and 10 CFR 50.82(a)(8)(v) - Entergy Nuclear Operations, Inc
| author name = Mccann J
| author affiliation = Entergy Nuclear Operations, Inc
| addressee name = 
| addressee affiliation = NRC/Document Control Desk, NRC/NRR
| docket = 05000003, 05000155, 05000247, 05000271, 05000286
| license number = 
| contact person = 
| case reference number = ENOC-14-00009
| document type = Decommissioning Funding Plan DKTs 30, 40, 50, 70, Letter type:ENOC, Status Report
| page count = 19
}}

=Text=
{{#Wiki_filter:Entergy Nuclear Operations, Inc En tergyWhite LF      t~ff440                                             Hamilton Avenue Plains, NY 10601 John F. McCann Vice President - Regulatory Assurance ENOC-14-00009 March 28, 2014 U.S. Nuclear Regulatory Commission Attn: Document Control Desk 11555 Rockville Pike Rockville, MD 20852-2738

==SUBJECT:==
Decommissioning Funding Status Report per 10 CFR &sect;50.75(f)(1) and 10 CFR 50.82(a)(8)(v) -- Enter-gy Nuclear Operations, Inc Indian Point Nuclear Generating Stations 1, 2, & 3 Dockets 50-3, 50-247 and 50-286 Vermont Yankee Nuclear Power Station Docket 50-271 Big Rock Point Docket 50-155

==REFERENCES:==
: 1. NUREG-1307, "Report on Waste Burial Charges," Revision 15, dated January 2013.
: 2. NRC Regulatory Issue Summary 2001-07, "10 CFR 50.75(f)(1) Reports on the Status of Decommissioning Funds (Due March 31, 2001 )."

==Dear Sir or Madam:==

10 CFR 50.75(f)(1 ) requires each power reactor licensee to report to the NRC by March 31 of each year the status of its decommissioning funding for each reactor or share of a reactor that it owns that is within 5 years of the end of its current operating license or where conditions have changed so that it will close within 5 years. 10 CFR 50.82(a)(8)(v) requires licensees of shutdown sites to report to the NRC annually, by March 31, on the status of decommissioning financial assurance for those sites. On behalf of Entergy Nuclear Indian Point 2, LLC (Indian Point 1 & 2), Entergy Nuclear Indian Point 3, LLC, Entergy Nuclear Vermont Yankee, LLC, and Entergy Nuclear Palisades, LLC, Entergy Nuclear Operations, Inc. hereby submits the information requested for power reactors and sites operated by Entergy Nuclear Operations, Inc. The reports provided in Attachments 1 through 8 for the five licensed facilities addressed by this filing were prepared in accordance with NUREG-1307 (Reference 1) and NRC Regulatory Issue Summary 2001-07 (Reference 2). Attachment 8 is an updated site specific decommissioning cost estimate for Indian Point Unit 1. The Minimum Funding Assurance CC)I

ENOC-14-00009 Page 2 of 3 calculation worksheets, derived from LIC-205 Revision 4, are provided in Attachment 9 for the convenience of the reviewer.
The aforementioned worksheets, using the December 31, 2013 trust fund balances and parent guarantee amounts, indicate that all of the plants covered by this submittal met or exceeded the NRC's funding requirements. Accordingly, the licensees conclude that no further action is required at this time to demonstrate adequate funding assurance for decommissioning the plants covered by this submittal.
There are no new commitments made in this letter. If you have any questions, please contact Mr. David Mannai, Senior Manager, Fleet Regulatory Assurance at 802-380-1175.
Sincerely, JFM / djm / trj Attachments: As described above cc: See next page

ENOC-14-00009 Page 3 of 3 cc:
Mr. J. A. Aluise (ENT)
Ms. W. C. Curry (ECH)
Mr. J.S. Forbes (ECH)
Mr. B. E. Green (TMBR)
Mr. D. J. Mannai (WPO)
Mr. J. F. McCann (WPO)
Mr. T. G. Mitchell (ECH)
Mr. T. Ngau (ECH)
Mr. M. Perito (ECH)
Ms. D. Jacobs (ECH)
Mr. L. Jager Smith (ECH)
Mr. J. A. Ventosa (IPEC)
Mr. C. J. Wamser (VTY)
Mr. A. J. Vitale (PAL)
USNRC Regional Administrator, Region I USNRC Regional Administrator, Region III USNRC Project Manager, Indian Point 1 USNRC Project Manager, Indian Point 2 / 3 USNRC Project Manager, Vermont Yankee USNRC Resident Inspector, Indian Point 2 / 3 USNRC Resident Inspector, Vermont Yankee NYS Department of Public Service Vermont Department of Public Service Downs Rachlin Martin PLLC / St. Johnsbury, VT

Attachment I ENOC-14-00009 (Page 1 of 2)
Entergy Nuclear Operations, Inc.
Status of Decommissioning Funding - Indian Point 1 For Year Ending December 31. 2013 - 10 CFR 50.75(f)(1) and 10 CFR 50.82(a)(8)(v)
Plant Name: Indian Point Nuclear Generating Unit No. 1 10 CFR 50.75(f)(1)
: 1. Minimum Financial Assurance (MFA)                                       $ 552.67 million
[Note]
estimated per 10 CFR 50.75(b) and (c) (2013$)
: 2. Decommissioning Trust Fund Total
                                                                           $ 383.87 million as of 12/31/13
: 3. A schedule of the annual amounts remaining to be collected             None
: 4. Assumptions used in determining rates of escalation in                 2% annual real rate decommissioning costs, rates of earnings on decommissioning         of return per 10 funds, and rates of other factors used in funding projections       CFR 50.75(e)(1 )(i)
: 5. Any contracts upon which the licensee is relying pursuant to 10         None CFR 50.75(e)(1 )(v)
: 6. Modifications occurring to a licensee's current method of providing    None financial assurance since the last submitted report
: 7. Any material changes to trust agreements                               None Note:    This amount is based upon total SAFSTOR expenditures for radiological remediation and license termination set forth in the updated Decommissioning Funding Assurance Plan and SAFSTOR analysis that are provided in Attachment 8. (Calculation of the NRC Minimum Amount is provided in Attachment 4.)

Attachment I ENOC-14-00009 (Page 2 of 2)
Entergy Nuclear Operations, Inc.
Status of Decommissioning Funding - Indian Point I For Year Ending December 31, 2013 - 10 CFR 50.75(f)(1) and 10 CFR 50.82(a)(8)(v)
Plant Name: Indian Point Nuclear Generating Unit No. I 10 CFR 50.82(a)(8)(v)
: 1. Cumulative decommissioning spending                                        $ 130.53 million
[Notell
: 2. 2013 decommissioning spending                                              $       6.70 million
[Notel]
: 3. Fund Balance                                                               See above in 10 CFR 50.75 information
: 4. No other financial assurance mechanism is being relied upon, but costs to date have been funded by operations.
: 5. Estimated costs to complete from latest estimate                           $ 552.67 million
[Note2]
: 6. Estimate is based on SAFSTOR and unrestricted release of the site per 10 CFR 20.1402
: 7. Modifications to financial assurance since last report                     See above in 10 CFR 50.75 information
: 8. Any material changes to trust agreements                                   See above in 10 CFR 50.75 information Note 1: Entergy does not possess records that would permit determination of charges to Indian Point 1 prior to its acquisition in September 2001 by Entergy Nuclear Indian Point 2, LLC. The costs presented here represent those costs charged in 2013 and the total costs that have been assigned to Indian Point 1 since 2001. Entergy has not fully determined what portion of those costs would be considered "decommissioning" costs as that term is defined in 10 CFR 50.2.
Note 2: This amount is based upon total SAFSTOR expenditures for radiological remediation and license termination set forth in the updated Decommissioning Funding Assurance Plan and SAFSTOR analysis that are provided in Attachment 8. (Calculation of the NRC Minimum Amount is provided in Attachment 4.) This estimate does not include 2013 spending because current costs are being paid out of operating funds.

Attachment 2 ENOC-14-00009 (Page 1 of 1)
Entergy Nuclear Operations, Inc.
Status of Decommissioning Funding - Indian Point 2 For Year Endina December 31. 2013 - 10 CFR 50.75(f)(1)
Plant Name: Indian Point Nuclear Generating Unit No. 2
: 1. Minimum Financial Assurance (MFA)                                     $ 524.22 million
[Note 1]
estimated per 10 CFR 50.75(b) and (c) (2013$)
: 2. Decommissioning Trust Fund Total                                      $ 492.05 million as of 12/31/13                                                     [Note 2]
: 3. A schedule of the annual amounts remaining to be collected            None
: 4. Assumptions used in determining rates of escalation in                2% annual real rate decommissioning costs, rates of earnings on decommissioning        of return per 10 funds, and rates of other factors used in funding projections      CFR 50.75(e)(1 )(i)
: 5. Any contracts upon which the licensee is relying pursuant to 10       None CFR 50.75(e)(1 )(v)
: 6. Modifications occurring to a licensee's current method of providing  None financial assurance since the last submitted report
: 7. Any material changes to trust agreements                              None Note 1: Calculation of the NRC Minimum Amount is provided in Attachment 4.
Note 2: Includes provisional fund balance of $31.09 million.

Attachment 3 ENOC-14-00009 (Page 1 of 1)
Entergy Nuclear Operations, Inc.
Status of Decommissioning Funding - Indian Point 3 For Year Endinq December 31. 2013 - 10 CFR 50.75(fM(1I Plant Name: Indian Point Nuclear Generating Unit No. 3
: 1. Minimum Financial Assurance (MFA)                                     $ 524.22 million
[Note]
estimated per 10 CFR 50.75(b) and (c) (2013$)
: 2. Decommissioning Trust Fund Total                                      $ 621.54 million as of 12/31/13
: 3. A schedule of the annual amounts remaining to be collected            None
: 4. Assumptions used in determining rates of escalation in               2% annual real rate decommissioning costs, rates of earnings on decommissioning       of return per 10 funds, and rates of other factors used in funding projections      CFR 50.75(e)(1 )(i)
: 5. Any contracts upon which the licensee is relying pursuant to 10       None CFR 50.75(e)(1 )(v)
: 6. Modifications occurring to a licensee's current method of providing   None financial assurance since the last submitted report
: 7. Any material changes to trust agreements                              None Note: Calculation of the NRC Minimum Amount is provided in Attachment 4.

Attachment 4 ENOC-14-00009 (Page 1 of 1)
Entergy Nuclear Operations, Inc.
Calculation of Minimum Amount - Indian Point For Year Ending December 31, 2013 - 10 CFR 50.75(f)(1)
Entergy Nuclear Indian Point 2, LLC: 100% ownership interest of Indian Point 1 & 2 Entergy Nuclear Indian Point 3, LLC: 100% ownership interest of Indian Point 3 Plant Location: Buchanan, New York Reactor Type: Pressurized Water Reactor ("PWR")
Indian Point Unit 1 Power Level: <3,400 MWt (615 MWt)
Indian Point Unit 1 PWR Base Year 1986$: $85,560,000 Indian Point Unit 2 Power Level: <3,400 MWt (3,216 MWt)
Indian Point Unit 2 PWR Base Year 1986$: $103,300,800 Indian Point Unit 3 Power Level: <3,400 MWt (3,216 MWt)
Indian Point Unit 3 PWR Base Year 1986$: $103,300,800 Labor Region: North Waste Burial Facility: Generic Disposal Site IOCFR50.75(c)(2) Escalation Factor Formula:
0.65(L) +0.13(E) +0.22(B)
Factor L=Labor (North)                                     2.591 E=Energy (PWR)                                      2.572 B=Waste Burial-Vendor (PWR)                         13.8853 PWR Escalation Factor:
0.65(L) +0.13(E) +0.22(B)=                          5.07471 1986 PWR Base Year $ Escalated:
Indian Point 1: $85,560,000
* Factor=               $434.191.761 Indian Point 2 & 3: $103,300,800
* Factor=          $524.221.088 1    Bureau of Labor Statistics, Series Report ID: CIU201000000021 0i ( 4th Quarter 2013) 2    Bureau of Labor Statistics, Series Report ID: wpu0543 and wpu0573 (December 2013, Prelim.)
3    Nuclear Regulatory Commission: NUREG-1307 Revision 15, Table 2.1 (2012)

Attachment 5 ENOC-14-00009 (Page 1 of 1)
Entergy Nuclear Operations, Inc.
Calculation of Minimum Amount - Vermont Yankee For Year Endinq December 31. 2013 - 10 CFR 50.75(f)(1)
Plant Name: Vermont Yankee Nuclear Power Station
: 1. Minimum Financial Assurance (MFA)                                    $ 623.65 million [Note]
estimated per 10 CFR 50.75(b) and (c) (2013$)
: 2. Decommissioning Trust Fund Total                                     $ 612.14 million as of 12/31/13
: 3. A schedule of the annual amounts remaining to be collected           None.
: 4. Assumptions used in determining rates of escalation in               2% annual real rate decommissioning costs, rates of eamings on decommissioning        of return per 10 CFR funds, and rates of other factors used in funding projections     50.75(e)(1 )(i)
: 5. Any contracts upon which the licensee is relying pursuant to 10      None CFR 50.75(e)(1 )(v)
: 6. Modifications occurring to a licensee's current method of            None providing financial assurance since the last submitted report
: 7. Any material changes to trust agreements                             None Note: Calculation of the NRC Minimum Amount is provided in Attachment 6.

Attachment 6 ENOC-14-00009 (Page 1 of 1)
Entergy Nuclear Operations, Inc.
Calculation of Minimum Amount - Vermont Yankee For Year Endina December 31. 2013 - 10 CFR 50.75(f)(1)
Entergy Nuclear Vermont Yankee LLC.: 100% ownership interest Plant Location: Vernon, Vermont Reactor Type: Boiling Water Reactor ("BWR")
Power Level: <3,400 MWt (1912 MWt)
BWR Base Year 1986$: $121,208,000 Labor Region: North Waste Burial Facility: Generic Disposal Site IOCFR50.75(c)(2) Escalation Factor Formula:
0.65(L) +0.13(E) +0.22(B)
Factor L=Labor (North)                             2.591 E=Energy (BWR)                              2.652 B=Waste Burial-Vendor (BWR)                  14.1603 BWR Escalation Factor:
0.65(L) +0.13(E) +0.22(B)=                  5.14528 1986 BWR Base Year $ Escalated:
    $121,208,000
* Factor-                      $623,649,114 1
Bureau of Labor Statistics, Series Report ID: CIU2010000000210i ( 4 th Quarter 2013) 2 Bureau of Labor Statistics, Series Report ID: wpu0543 and wpu0573 (December 2013, Prelim.)
3 Nuclear Regulatory Commission: NUREG-1307 Revision 15, Table 2.1 (2012)

Attachment 7 ENOC-14-00009 (Page 1 of 1)
Entergy Nuclear Operations, Inc.
Calculation of Minimum Amount - Big Rock Point For Year Endina December 31. 2013 - 10 CFR 50.75(f)(1)
Plant Name: Big Rock Point ISFSI
: 1. Amount of decommissioning funds required from           $ 1.57 million [Note]
most recent estimate (2013$).
: 2. Decommissioning Funding Assurance Method.               Parent Guarantee ($5 million)
: 3. A schedule of the annual amounts remaining to           None be collected
: 4. Assumptions used in determining rates of                Escalation rate: CPI%
escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates         Rate of earnings: n/a of other factors used in funding projections
: 5. Any contracts upon which the licensee is relying        None pursuant to 10 CFR 50.75(e)(1)(v)
: 6. Modifications occurring to a licensee's current         None method of providing financial assurance since the last submitted report
: 7. Any material changes to trust agreements                None Note: This amount is based on the 10 CFR &sect;72.30 filing for Big Rock Point, dated December 13, 2012, (Accession No. ML12352A126) escalated by CPI.

Attachment 8 ENOC-14-00009 (Page 1 of 4)
Entergy Nuclear Operations, Inc.
Indian Point 1 DTF Balance Based on Decommissioning Funding Assurance Plan For Year Ending December 31, 2013 - 10 CFR 50.75(f)(1)
On October 23, 2008, Entergy Nuclear Indian Point 2, LLC (ENIP2) submitted a preliminary decommissioning cost analysis to the NRC in conjunction with its spent fuel management plan under 10 CFR 50.75(f)(3) and 10 CFR 50.54(bb) (Accession No. ML083040378, as supplemented by ENIP2's reply to RAIs on July 15, 2009 (Accession No. ML092050204). The preliminary decommissioning cost analysis contained separate site-specific decommissioning cost estimates for Indian Point 1 and Indian Point 2. The estimates were subsequently found to be reasonable by the NRC on March 17, 2010 (Accession No. ML100280544).
Pursuant to Regulatory Guide 1.159, Revision 2, adjustment to the site-specific cost estimates should be made at least once a year for the effects of inflation. Adjustment to site-specific cost estimates for the effects of technological and status changes should be made according to the amount of change experienced, as appropriate, but in no event, less than once every 5 years.
As such, ENIP2 has updated the aforementioned estimates consistent with the requirements of Regulatory Guide 1.159, Revision 2.
ENIP2 has determined that use of a SAFSTOR analysis shows that there is presently reasonable assurance that adequate funds will be available for the decommissioning process in compliance with NRC decommissioning funding assurance rules.
Pursuant to 10 CFR 50.75(e)(1)(i), "A licensee that has prepaid funds based on a site-specific estimate under &sect; 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." ENIP2 understands that a facility specific analysis may be used for demonstrating the adequacy of decommissioning funds, provided that "the NRC-required cost estimate for decommissioning costs as defined in 10 CFR 50.2 is equal to or greater than the amount stated in the formulas in 10 CFR 50.75(c)(1) and (2) as the basis for justifying a higher than minimum funding level." (Regulatory Guide 1.159 Rev. 2, Section 1.1. 1.) ENIP2 also understands that NRC should be provided the analysis, and that the analysis should include data for each year of the analysis.
The updated Indian Point 1 site-specific decommissioning cost estimate is based on a period of safe storage that is specifically described in the estimate, namely storage until 2065, at which time the plant will be decommissioned and the site released for alternative use without restriction. Table 8-1 below provides the annual license termination costs computed in the updated estimate. These costs to date have been funded by operations, and not by the decommissioning fund. The decommissioning trust fund (DTF) ending balance is escalated each year by the 2% real growth figure allowed pursuant to 10 CFR 50.75(e)(1 )(i).

Attachment 8 ENOC-14-00009 (Page 2 of 4)
Entergy Nuclear Operations, Inc.
Indian Point 1 DTF Balance Based on Decommissioning Funding Assurance Plan For Year Ending December 31, 2013 - 10 CFR 50.75(f)(1)
Table 8-1 NRC License Termination Cost
($ millions) 2012$              2013$
Unit I             Unit I     Ending DTF Radiological      Radiological      Balance 2013          -                     -        383.868*
2014          3.634              3.707       387.838 2015          3.634              3.707       391.888 2016          3.644              3.717       396.008 2017          3.634              3.707       400.221 2018          3.634              3.707       404.519 2019          3.634              3.707       408.902 2020          3.644              3.717       413.363 2021          3.634              3.707       417.923 2022          3.634              3.707       422.575 2023          3.634              3.707       427.319 2024          3.644              3.717       432.149 2025          3.634              3.707       437.085 2026          3.634              3.707       442.119 2027          3.634              3.707       447.255 2028          3.644              3.717       452.483 2029          3.634              3.707       457.825 2030          3.634              3.707       463.275 2031          3.634              3.707       468.833 2032          3.644              3.717       474.493 2033          3.634              3.707       480.276 2034          3.634              3.707       486.174 2035          3.634              3.707       492.191 2036          3.644              3.717       498.317 2037          3.634              3.707       504.577 2038          3.634              3,707       510.961 2039          3.634              3.707       517.473 2040          3.644              3.717       524.106 2041          3.634              3.707       530.881 2042          3.634              3.707       537.791 2043          3.634              3.707       544.840 2044          3.644              3.717       552.020 2045          3.634              3.707       559.353 2046          3.634              3.707       566.833 2047          3.634              3.707       574.463
* Note: Trust fund balance at end of year is actual balance.
Expenditures in year 2013 were not withdrawn from the fund.

Attachment 8 ENOC-14-00009 (Page 3 of 4)
Entergy Nuclear Operations, Inc.
Indian Point 1 DTF Balance Based on Decommissioning Funding Assurance Plan For Year Ending December 31, 2013 - 10 CFR 50.75(f)(1) 2048        3.644            3.717       582.235 2049        3.634            3.707       590.173 2050        3.634            3.707       598.269 2051        3.634            3.707       606.528 2052        3.644            3.717       614.941 2053        3.634            3.707       623.533 2054        3.634            3.707       632.296 2055        3.634            3.707       641.235 2056        3.644            3.717       650.343 2057        3.634            3.707       659.643 2058        3.634            3.707       669.129 2059        3.634            3.707       678.804 2060        3.644            3.717       688.663 2061        3.634            3.707       698.729 2062        3.634            3.707       708.997 2063        3.634            3.707       719.470 2064        3.644            3.717       730.142 2065       26.813           27.284       717.461 2066       59.025           59.977       671.833 2067       98.580          100.217       585.053 2068      104.740          106.572       490.182 2069       15.056           15.331       484.655 2070       15.208           15.476       478.872 2071       15.208           15.476       472.973 2072       15.250           15.518       466.915 2073        7.500            7.632       468.621 Total     542.857          552.672

Attachment 8 ENOC-14-00009 (Page 4 of 4)
Entergy Nuclear Operations, Inc.
Indian Point I DTF Balance Based on Decommissioning Funding Assurance Plan For Year Ending December 31, 2013 - 10 CFR 50.75(f)(1)
As can be seen from the information provided in Table 8-1, the required funding for SAFSTOR decommissioning, $552.67 million, is greater than the NRC formula amount per 10 CFR 50.75(b) and (c) of $434.19 million, therefore, the site-specific analysis complies with the requirement from Regulatory Guide 1.159 section 1.1.1 previously discussed. The foregoing SAFSTOR analysis shows that when the December 31, 2013 DTF balance is escalated at the allowable rate and compared against the annual figures for the SAFSTOR period that a surplus exists at the end of the decommissioning project. Accordingly, ENIP2 concludes that no further action is required at this time to demonstrate adequate funding assurance for decommissioning Indian Point 1.

Attachment 9 ENOC-14-00009 (Page 1 of 4) total no. of pages revised to four Entergy Nuclear Operations, Inc.
Minimum Financial Assurance Calculation Worksheets Plant name:                                                        Indian Point, Unit 1 Month                  Day                 Year Year of Biennial:                     1                    1                 2014 Termination of Operation:                 9                    28                 2013 NRC Mimimum:                     S434,191,761                Site Specific:           S552,671,950 I
Amount of NRC Minimum/Site Licensee:          Owned:               Specific:                Amount in Trust Fund:
Entergy                              S552,671:950                   S3-S167-58 Note: See Attachment 8 for adequacy of the trust fund

Attachment 9 ENOC-14-00009 (Page 2 of 4) total no. of pages revised to four Entergy Nuclear Operations, Inc.
Minimum Financial Assurance Calculation Worksheets Plant name:                                                                                     Indian Point, Unit 2 Month                         Day                         Year Year of Biennial:                                   1                            1                        2014 Termination of Operation:                                 9                           28                        2013 tb 3216   [
01986S 0 [
                             $1033008S00    r C ...
1201 I
1 Base Lx 2.16      1   006       5       9    r P
1.754 I
[
x 3.691         0.13 J.
[
E2.5 2-57 I    _22 0.2        185 13 NRC Mimimum:                                     $524,221,088                        Site Specific:
Amount of NRC %inimum/Site Licensee:              % Owned:                           Specific:                       Amount in Trust Fund:
Entergv                100.00%                        $524221,088                             S4921052.007 Step 1:
Earnings Credit:
Real Rate of     Years Left Total Real Rate Trust Fund Balance:       Retur per yea     in License I of Return:            Total Earnings:
      $492,052,007                2%0            0.00           1.00000          $492,052,007                      Total Earnings = Trust Fund balance x (1+RRR)^Years left in license Step 2:
Accumulation:
Real Rate of Value of Annuitv per year   Return per yearJ       Years of Annuity:              Total Annuity:
           $0                     2%                         0              j            $0 Step 3:
Decom Period:
Real Rate of       Decom       Total Real Rate Total Earnings:        Return per vear     Period:        of Return: TotalEarninesferDeco:
      $492,052,007                2%                7           0.14869             $36,580.541             Total Earnings for Decom = (1/2) x Total Earnings x [(I+RRR)^Decom period - ij Total of Steps 1 - 3:
S528,632,548  H                              Total = Total Earnings + Total Earnings for Decom (Shortfall)
JExceas (Shortfall)                    54,411,461        __to &#x17d;.RC minimum lExcess                                S4,411,461           to'-\RC minimum

Attachment 9 ENOC-14-00009 (Page 3 of 4) total no. of pages revised to four Entergy Nuclear Operations, Inc.
Minimum Financial Assurance Calculation Worksheets Plant name:                                                                                Indian Point, Unit 3 Month                         Day                              Year Year of Biennial:                             1                            1                             2014 Termination of Operation:                            12                           12                             2015 Mwt_        1     _1986$1    ECI         Base Lx L.--I           Px Fx    I          I          i     I   I   B-x.
PWR            3216    [$103,300,800 [    1201           2-16            0.65        [
I 2.59   r       1.754          3691        0 013        2.57       0.22    13.885 NRC Minimum:                                  $524,221,088                             Site Specific:
Licensee:
Entergy Step 1:
                             % Owned:
100.00%
I Amount of NRC Minimum/Site Specific:
S524,221,088                 I          Amount in Trust Fund:
                                                                                                         $621,543,544              I Earnings Credit:
I Real Rate of  Years Left     Total Real Trust Fund Balance:        Return per   in License      Rate of           Total Earnings:
S621,543,544               2%           1.95        1.03930            $645,973,059            Total Earnings = Trust Fund balance x (t+RRR)AYears left in license Step 2:
Accumulation:
Value of Annuity per year    Return per        Years of Annuity:             Total Annuity:
so                    2%                    0                           SO Step 3:
Decom Period:
Real Rate of    Decomn       Total Real Total Earnings:         Return per     Period:       Rate of     Total Earnings for Decom:
S645,973,059               2%            7          0.14869             $48,023,468          I Total Earnings for Decom = (112) x Total Earnings x [(t+RRR)ADecom period - 1]
Total of Steps 1 - 3:I S693,996,527           ITotal = Total Earnings + Total Earnings for Decom Excess (Shortfall)             $169,775,439 to NRC minimum

Attachment 9 ENOC-14-00009 (Page 4 of 4) total no. of pages revised to four Entergy Nuclear Operations, Inc.
Minimum Financial Assurance Calculation Worksheets Plant name:                                                        Vermont Yankee Power Station Month                         Day                            Year Year of Biennial:                          1                            1                            2014 Termination of Operation:                        12                          31                            2014 IMWth1          1986$01       ECI 20     I0Base ILx     II                    Fx    I         I    Ex    I         I        1 I
BWR         11912   r$121,208,oo0  [  120.1   1     2-1   16         0.65            r 259 r       1.754    r    3.691       0.13      2.65   1  022    1 14-16 NRC Minimum:                                 $623,649,114                          Site Specific:
Licensee:            Owned:
1%             Amount of NRC Minimum2Site Specific:           Amount in Trust Fund Entergy            100m0%     j$623,649,114                                           $62,4144 Step 1:
Earnings Credit:
Real Rate of IYears Lef Total Real Trust Fund Balance:     Return per lin LicenseI     Rate of           Total Earnings:
    $612,141,443             2%      1 1100 1 1.01998                  $624,370,157            ITotal Earnings = Trust Fund balance x (j+RRR)AYears left in license Step 2:
Accumulation:
Value of Annuity per   Real Rate of year            Return per      Years of Annuity:             Total Annuity:
so                 2%                   0                          $0 Step 3:
Decom Period:
Real Rate of   DecornI Total Real Total Earnings:       Return per    Period:       Rate of     Total Earnings for Decorn:
    $624,370,157             2%           7         0.14869              $46,417,447           ITotal Earnings for Decom = (112) x Total Earnings x [(1l&#xf7;RRR)^Decom period - 11 Total of Steps 1 - 3:      1
                                                                        $670,787,604           ITotal = Total Earnings + Total Earnings for Decom lExcess (Shortfall)                 $47,138,490             to NRC minimum}}