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| number = ML17114A062
| number = ML17114A062
| issue date = 04/24/2017
| issue date = 04/24/2017
| title = Beaver Valley, Unit 1 - Supplemental Information Regarding Decommissioning Funding Status Report
| title = Supplemental Information Regarding Decommissioning Funding Status Report
| author name = Halnon G H
| author name = Halnon G
| author affiliation = FirstEnergy Nuclear Operating Co
| author affiliation = FirstEnergy Nuclear Operating Co
| addressee name =  
| addressee name =  
Line 16: Line 16:


=Text=
=Text=
{{#Wiki_filter:  
{{#Wiki_filter:FENOC ffiBr'BtN,d'at+'s&sC",h 341 WhitePondDr.
Akron, Ohio44320 April24,2017 L-17-120                                                                    10cFR50.75 ATTN: DocumentControlDesk U. S. NuclearRegulatory          Commission Washington,            DC 20555-0001


}}
==SUBJECT:==
 
BeaverValleyPowerStation,UnitNo. 1 DocketNo.50-334,LicenseNo.DPR-66 Supplemental            Information Resarding  Decommissionino    FundinqStatusReportfor BeaverVallevPowerStation.UnitNo. 1 By letterdatedMarch24,2017(Accession              No.ML170838'221)      FirstEnergy  Nuclear OperatingCompany(FENOC)submittedthe biennialdecommissioning                      fundingstatus reportsfor its nuclearoperatingfacilitiesin accordance        with 10 CFR50.75,"Reporting    and recordkeeping          for decommissioning planning,"paragraph  (0(1).Subsequent    to the submittal,        FENOCidentified  thefirstnumberin the beginning  balancefor theyear2030 was inadvertently          omittedon the BeaverValleyPowerStation,Schedule2, "Calculation        of a Site-Specific        CashFlowAnalysis."In the originalsubmittal  the beginning    balancefor the year2030was reportedas $70,741,588              andshouldhavebeenreportedas $370,741,588.
Omissionof the numberdoesnot affectthe endingbalancefor year2030or the overall endingbalanceas reportedin the originalsubmittal.Theadministrative                errorhasbeen enteredintothe FENOCcorrective              actionprogram.The attachment      providesthe updated information.
Thereare no regulatory          commitments  containedin this letter. lf thereare any questions,          or if additional information            pleasecontactMr.ThomasA. Lentz, is required, Manager          - FleetLicensing,  at 330-315-6810.
Sincerely, VicePresident,            RegulatoryAffairs
 
BeaverValleyPowerStation,UnitNo. 1 L-17-120 Page2
 
==Attachment:==
 
Decommissioning FundingStatusReport- BeaverValleyPowerStation,UnitNo. 1, Schedule2, Calculation              CashflowAnalysis of a Site-Specific cc:  NRCRegionI Administrator NRCResidentInspector NRRProlectManager DirectorBRP/DEP SiteBRP/DEPRepresentative
 
Attachment L-17-120 Decommissioning      FundingStatusReport- BeaverValleyPowerStation,UnitNo. 1 Page1 of 3 Schedule  2 Calculation of a Site-Specific  CashFlowAnalysis Thesite-specific  costestimatefor the radiological      decommissioning    of the BeaverValley PowerStation,UnitNo.1 is $711,726,383.          Theminimum      decommissioning    fundestimate, pursuant  to 10CFR50.75(c)      is $a81,892,880. SinceRegulatory    Guide  (RG) 1.159, "Assuring  TheAvailability  Of FundsFor Decommissioning        NuclearReactors,"    statesthat the site-specificcostshouldbe equalto or      greater  thanthe costcalculated 10 CFR by 50.75(c), the RG is satisfied.
A two percent rate of return was used in the analysis. The analysis also assumesa period of safe storage. Theseinputs to the analysisare consistentwith 10 CFR 50.75(e)(1). The analysisis based on 2016 dollars.
The analysiscontainsexpensesbasedon the site-specificdecommissioningcost estimate. The analysis conservatively assumesthat expensesduring a year are incurred at the beginning of year.Mathematical    rounding  was performed    duringthe development      of the supporting calculations.
Beginning                                                        Ending Year            Balance            Deposits      Earnings        Withdrawall'2  Balance 2017            286.595.306                      5,731,906                      292.327.212 2018            292.327,212                      5,846,544                      298.173,756 2019            298.173.756                      5.963.475                      304.137,231 2020            304.1 37.231                    6.082.745                      310.219.976 2021            310,219,976                      6.204,400                      316.424.376 2022            316,424.376                      6,328,488                      322.752,863 2023            322.752.863                      6.455.057                      329,207,920 2024            329.207.920                      6.584.158                      335.792.079 2025            335.792.079                      6,715,842                      342.507.920 2026            342,507,920                      6,850,158                      349.358,079 2027            349,358,079                      6,987,162                      356,345,240 2028            356.345.240                      7.126.905                      363.472,145 2029            363.472.145                      7,269,443                      370.741.588 2030            370,741,588                      7,414,832                      378,156,420 2031            378.156.420                      7,563.128                      385,719,548 2032            385.719.548                      7.714.391                      393,433,939 2033            393.433.939                      7,968,679                      401,302,618 2034            401,302,618                      8,026,052                      409,328,670 2035            409,328,670                      8,186,573                      417,515,244 2036            417.515.244                      7.298.033      (52,613,575)    372.199.702 2037            372.199.702                      6.363,388      (54,030,281) 324.532.809 2038            324,532,809                      6,412,986      (3.883.529)    327.062,266 2039            327,062,266                      6,463,575      (3.883.529) 329.642,312 2040            329.642,312                      6.514.964      (3.894.093)    332,263,183
 
Attachment L-17-120 Page2 of 3 Beginning                                                  Ending Year      Balance            Deposits Earninos        Withdrawalr'2 Balance 2041      332.263.183                  6.567.593        (3.883.529)  334,947,247 2042      334.947.247                  6.621.274        (3.883.529)  337,684,992 2043      337.684.992                  6,682,305        (3,569.762)  340.797.535 2044      340.797.535                  6,744,894        (3.552.858)  343,989,571 2045      343,989,571                  6,808,924        (3.543.350)  347,255,145 2046      347.255.145                  6.874.236        (3,543,350)  350,586,030 2047      350.586.030                  6.940.854        (3.543,350)  353,983,534 2048      353.983.534                  7.008.614        (3,552,858)  357,439,289 2049      357,439,289                  7.077,919        (3.543.350)  360,973,857 2050      360.973.857                  7.148.610        (3.543.350)  364,579,117 2051      364.579.117                  7.220.715        (3,543,350)  368.256.482 2052      368.256.482                  7,294.072        (3,552,858)  371.997.696 2053      371.997,696                  7,369,087        (3.543.350)  375,823,433 2454      375,823,433                  7.445.602        (3.543.350)  379,725.684 2055      379.725.684                  7.523.647        (3,543,350)  383,705,981 2056      383.705.981                  7.603.062        (3,552,858)  387.756.185 2057      387,756,185                  7,684,257        (3,543,350)  391,897,091 2058      391,897,091                  7.767.075        (3.543.350)  396,120,816 2059      396,120,816                  7.851.549        (3,543,350)  400,429,015 2060      400.429.015                  7.937.523        (3,552,858)  404.813.679 2061      404,913,679                  8,025,407        (3,543,350)  409.295,736 2062      409,295,736                  8 , 11 5 , 0 4 8 (3.543.350)  413,867,433 2063      413,867,433                  8.206.482        (3.543.350)  418,530,564 2064      418.530.564                  8.299.554        (3.552.858)  423.277.260 2065      423.277.260                  8,394,678        (3,543,350)  428,128,588 2066      428,128,588                  8,491,705        (3,543,350)  433,076,942 2067      433,076,942                  8,590,672        (3.543.350)  438,124,264 2068      438,124,264                  8.691.428        (3.552.858)  443.262.834 2069      443.262.834                  8,794,390        (3.543,350)  448,513,873 2070      448.513.873                  8,899,410        (3,543,350)  453,869,933 2071      453,869,933                  9,006,532        (3.543.350)  459.333,115 2072      4 5 9 , 3 3 3 ,115          9.115.605        (3.552.858)  464,895,861 2073      464.895.861                  9.227.050        (3,543,350)  470,579,561 2074      470,579,561                  9,340,724        (3.543.350)  476,376,935 2075      476,376,935                  9.456.672        (3.543.350)  482,290,257 2076      482.290.257                  9.572.107        (3,684,915)  488.177.448 2077      4 8 8 . 1 7 .74 4 8          9.690.062        (3.674,351) 494.193.159 2078      494.193.159                  9,810,376        (3,674,351)  500.329,185 2079      500,329,185                  9,933,097        (3.674.351)  506,587,931 2080      506,587,931                  10.058.060      (3.684.915)  512,961,076
 
Attachment L-17-120 Page3 of 3 Beginning                                                                  Ending Year          Balance        Deposits      Earnings            Withdrawall'2 Balance 2081          512.961.076                    1 0 . 1 8 5 , 7 3 5 (3,674,351) 519,472,460 2082          519,472.460                    1 0 . 3 1 5 , 9 6 2 (3.674.351) 526,114,071 2083          526.114.071                    10.448.794          (3.674.351) 532.888.515 2084          532.888.515                    10.584.072          (3,684,915) 539.787.672 2085          539.787.672                    10,722,266          (3,674,351)              546,835,587 2086          546,835,587                    10,863,225          (3.674.351) 554,024.461 2087          554.024,461                    1 1 , 0 0 7 , 0 0 2 (3.674.351) 5 6 1 , 3 5 7 , 1 1 3 2088          561.357,113                    11.073.407          (7.686.767) 564,743,753 2089          564.743.753                    10.349.453 (47,271,082) 527.822.124 2090          527,822,124                    9,314,370          f i 1 2 , 10 3 , 6 1 6 ) 424,032,878 2091          424,032,878                    6,168,859          ( 1 1 5 . 5 8 9 . 9 1 83) 1 4 , 6 1 1 , 8 1 9 2092          314,611,819                    4.995.163          (64.853.664) 254.753.319 2093          254.753.319                    4,127,839          (48.361,344)            210.519.814 2094          210,519,814                    4,144,727          8,283,462)              211.381,079 2095          211,381,079                    3,765,634          (23,099,390) 192,047,323 2096          192.047.323                    3.798.456          Q.124.531)              193.721.248 2097          193.721.248                    3.871.953          (123,605)                197.469.595 (711,726,383)
Notes:
: 1. Reflectsthe SAFSTOR methoddescribed in Reference  A.
: 2. Withdrawals assumedto be madeat beginningof period.
 
==References:==
 
A. Decommissioning    Cosf Analysisfor the BeaverValleyPower Station, December    2014.}}

Latest revision as of 05:27, 30 October 2019

Supplemental Information Regarding Decommissioning Funding Status Report
ML17114A062
Person / Time
Site: Beaver Valley
Issue date: 04/24/2017
From: Halnon G
FirstEnergy Nuclear Operating Co
To:
Document Control Desk, Office of Nuclear Reactor Regulation
References
L-17-12
Download: ML17114A062 (5)


Text

FENOC ffiBr'BtN,d'at+'s&sC",h 341 WhitePondDr.

Akron, Ohio44320 April24,2017 L-17-120 10cFR50.75 ATTN: DocumentControlDesk U. S. NuclearRegulatory Commission Washington, DC 20555-0001

SUBJECT:

BeaverValleyPowerStation,UnitNo. 1 DocketNo.50-334,LicenseNo.DPR-66 Supplemental Information Resarding Decommissionino FundinqStatusReportfor BeaverVallevPowerStation.UnitNo. 1 By letterdatedMarch24,2017(Accession No.ML170838'221) FirstEnergy Nuclear OperatingCompany(FENOC)submittedthe biennialdecommissioning fundingstatus reportsfor its nuclearoperatingfacilitiesin accordance with 10 CFR50.75,"Reporting and recordkeeping for decommissioning planning,"paragraph (0(1).Subsequent to the submittal, FENOCidentified thefirstnumberin the beginning balancefor theyear2030 was inadvertently omittedon the BeaverValleyPowerStation,Schedule2, "Calculation of a Site-Specific CashFlowAnalysis."In the originalsubmittal the beginning balancefor the year2030was reportedas $70,741,588 andshouldhavebeenreportedas $370,741,588.

Omissionof the numberdoesnot affectthe endingbalancefor year2030or the overall endingbalanceas reportedin the originalsubmittal.Theadministrative errorhasbeen enteredintothe FENOCcorrective actionprogram.The attachment providesthe updated information.

Thereare no regulatory commitments containedin this letter. lf thereare any questions, or if additional information pleasecontactMr.ThomasA. Lentz, is required, Manager - FleetLicensing, at 330-315-6810.

Sincerely, VicePresident, RegulatoryAffairs

BeaverValleyPowerStation,UnitNo. 1 L-17-120 Page2

Attachment:

Decommissioning FundingStatusReport- BeaverValleyPowerStation,UnitNo. 1, Schedule2, Calculation CashflowAnalysis of a Site-Specific cc: NRCRegionI Administrator NRCResidentInspector NRRProlectManager DirectorBRP/DEP SiteBRP/DEPRepresentative

Attachment L-17-120 Decommissioning FundingStatusReport- BeaverValleyPowerStation,UnitNo. 1 Page1 of 3 Schedule 2 Calculation of a Site-Specific CashFlowAnalysis Thesite-specific costestimatefor the radiological decommissioning of the BeaverValley PowerStation,UnitNo.1 is $711,726,383. Theminimum decommissioning fundestimate, pursuant to 10CFR50.75(c) is $a81,892,880. SinceRegulatory Guide (RG) 1.159, "Assuring TheAvailability Of FundsFor Decommissioning NuclearReactors," statesthat the site-specificcostshouldbe equalto or greater thanthe costcalculated 10 CFR by 50.75(c), the RG is satisfied.

A two percent rate of return was used in the analysis. The analysis also assumesa period of safe storage. Theseinputs to the analysisare consistentwith 10 CFR 50.75(e)(1). The analysisis based on 2016 dollars.

The analysiscontainsexpensesbasedon the site-specificdecommissioningcost estimate. The analysis conservatively assumesthat expensesduring a year are incurred at the beginning of year.Mathematical rounding was performed duringthe development of the supporting calculations.

Beginning Ending Year Balance Deposits Earnings Withdrawall'2 Balance 2017 286.595.306 5,731,906 292.327.212 2018 292.327,212 5,846,544 298.173,756 2019 298.173.756 5.963.475 304.137,231 2020 304.1 37.231 6.082.745 310.219.976 2021 310,219,976 6.204,400 316.424.376 2022 316,424.376 6,328,488 322.752,863 2023 322.752.863 6.455.057 329,207,920 2024 329.207.920 6.584.158 335.792.079 2025 335.792.079 6,715,842 342.507.920 2026 342,507,920 6,850,158 349.358,079 2027 349,358,079 6,987,162 356,345,240 2028 356.345.240 7.126.905 363.472,145 2029 363.472.145 7,269,443 370.741.588 2030 370,741,588 7,414,832 378,156,420 2031 378.156.420 7,563.128 385,719,548 2032 385.719.548 7.714.391 393,433,939 2033 393.433.939 7,968,679 401,302,618 2034 401,302,618 8,026,052 409,328,670 2035 409,328,670 8,186,573 417,515,244 2036 417.515.244 7.298.033 (52,613,575) 372.199.702 2037 372.199.702 6.363,388 (54,030,281) 324.532.809 2038 324,532,809 6,412,986 (3.883.529) 327.062,266 2039 327,062,266 6,463,575 (3.883.529) 329.642,312 2040 329.642,312 6.514.964 (3.894.093) 332,263,183

Attachment L-17-120 Page2 of 3 Beginning Ending Year Balance Deposits Earninos Withdrawalr'2 Balance 2041 332.263.183 6.567.593 (3.883.529) 334,947,247 2042 334.947.247 6.621.274 (3.883.529) 337,684,992 2043 337.684.992 6,682,305 (3,569.762) 340.797.535 2044 340.797.535 6,744,894 (3.552.858) 343,989,571 2045 343,989,571 6,808,924 (3.543.350) 347,255,145 2046 347.255.145 6.874.236 (3,543,350) 350,586,030 2047 350.586.030 6.940.854 (3.543,350) 353,983,534 2048 353.983.534 7.008.614 (3,552,858) 357,439,289 2049 357,439,289 7.077,919 (3.543.350) 360,973,857 2050 360.973.857 7.148.610 (3.543.350) 364,579,117 2051 364.579.117 7.220.715 (3,543,350) 368.256.482 2052 368.256.482 7,294.072 (3,552,858) 371.997.696 2053 371.997,696 7,369,087 (3.543.350) 375,823,433 2454 375,823,433 7.445.602 (3.543.350) 379,725.684 2055 379.725.684 7.523.647 (3,543,350) 383,705,981 2056 383.705.981 7.603.062 (3,552,858) 387.756.185 2057 387,756,185 7,684,257 (3,543,350) 391,897,091 2058 391,897,091 7.767.075 (3.543.350) 396,120,816 2059 396,120,816 7.851.549 (3,543,350) 400,429,015 2060 400.429.015 7.937.523 (3,552,858) 404.813.679 2061 404,913,679 8,025,407 (3,543,350) 409.295,736 2062 409,295,736 8 , 11 5 , 0 4 8 (3.543.350) 413,867,433 2063 413,867,433 8.206.482 (3.543.350) 418,530,564 2064 418.530.564 8.299.554 (3.552.858) 423.277.260 2065 423.277.260 8,394,678 (3,543,350) 428,128,588 2066 428,128,588 8,491,705 (3,543,350) 433,076,942 2067 433,076,942 8,590,672 (3.543.350) 438,124,264 2068 438,124,264 8.691.428 (3.552.858) 443.262.834 2069 443.262.834 8,794,390 (3.543,350) 448,513,873 2070 448.513.873 8,899,410 (3,543,350) 453,869,933 2071 453,869,933 9,006,532 (3.543.350) 459.333,115 2072 4 5 9 , 3 3 3 ,115 9.115.605 (3.552.858) 464,895,861 2073 464.895.861 9.227.050 (3,543,350) 470,579,561 2074 470,579,561 9,340,724 (3.543.350) 476,376,935 2075 476,376,935 9.456.672 (3.543.350) 482,290,257 2076 482.290.257 9.572.107 (3,684,915) 488.177.448 2077 4 8 8 . 1 7 .74 4 8 9.690.062 (3.674,351) 494.193.159 2078 494.193.159 9,810,376 (3,674,351) 500.329,185 2079 500,329,185 9,933,097 (3.674.351) 506,587,931 2080 506,587,931 10.058.060 (3.684.915) 512,961,076

Attachment L-17-120 Page3 of 3 Beginning Ending Year Balance Deposits Earnings Withdrawall'2 Balance 2081 512.961.076 1 0 . 1 8 5 , 7 3 5 (3,674,351) 519,472,460 2082 519,472.460 1 0 . 3 1 5 , 9 6 2 (3.674.351) 526,114,071 2083 526.114.071 10.448.794 (3.674.351) 532.888.515 2084 532.888.515 10.584.072 (3,684,915) 539.787.672 2085 539.787.672 10,722,266 (3,674,351) 546,835,587 2086 546,835,587 10,863,225 (3.674.351) 554,024.461 2087 554.024,461 1 1 , 0 0 7 , 0 0 2 (3.674.351) 5 6 1 , 3 5 7 , 1 1 3 2088 561.357,113 11.073.407 (7.686.767) 564,743,753 2089 564.743.753 10.349.453 (47,271,082) 527.822.124 2090 527,822,124 9,314,370 f i 1 2 , 10 3 , 6 1 6 ) 424,032,878 2091 424,032,878 6,168,859 ( 1 1 5 . 5 8 9 . 9 1 83) 1 4 , 6 1 1 , 8 1 9 2092 314,611,819 4.995.163 (64.853.664) 254.753.319 2093 254.753.319 4,127,839 (48.361,344) 210.519.814 2094 210,519,814 4,144,727 8,283,462) 211.381,079 2095 211,381,079 3,765,634 (23,099,390) 192,047,323 2096 192.047.323 3.798.456 Q.124.531) 193.721.248 2097 193.721.248 3.871.953 (123,605) 197.469.595 (711,726,383)

Notes:

1. Reflectsthe SAFSTOR methoddescribed in Reference A.
2. Withdrawals assumedto be madeat beginningof period.

References:

A. Decommissioning Cosf Analysisfor the BeaverValleyPower Station, December 2014.