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| | number = ML15092A115 | | | number = ML15092A115 |
| | issue date = 03/30/2015 | | | issue date = 03/30/2015 |
| | title = North Anna, Units 1 and 2, Submittal of Decommissioning Funding Status Report | | | title = Submittal of Decommissioning Funding Status Report |
| | author name = Brickhouse T T | | | author name = Brickhouse T |
| | author affiliation = Old Dominion Electric Cooperative | | | author affiliation = Old Dominion Electric Cooperative |
| | addressee name = | | | addressee name = |
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| {{#Wiki_filter:ODECOld DominionElectric Cooperative5MMarch 30, 2015United States Nuclear Regulatory CommissionAttention: Document Control DeskWashington, D. C. 20555-0001License Nos. NPF-4,7OLD DOMINION ELECTRIC COOPERATIVENORTH ANNA POWER STATION UNITS 1 AND 2DECOMMISSIONING FUNDING STATUS REPORTPursuant to 10 CFR 50.75(f)(1), Old Dominion Electric Cooperative (ODEC), is providing this reporton the status of decommissioning funding for the North Anna Power Station (NAPS).Attachment 1 provides the following information for NAPS:NRC Minimum Financial Assurance Amount as of 12/31/2014The following information is provided in support and as part of this filing:1. Preliminary December 2014 Bureau of Labor Statistics indices values are used because thefinal December 2014 indices values were not available at the time of this filing.2. The escalation of decommissioning costs is held at 0% based on assuming 2% Real Rate of.. .Return-.3. The growth rate on Trust Funds is held at the allowed 2% Real Rate of Return over theescalation rate.4. No rate regulatory authority citation for NAPS is referenced because the 2% Real Rate ofReturn allowed by 50.75(e)(1)(ii) is used in the calculations.5. The current annual funding amounts shown for NAPS (Attachment 1) reflect only those fundamounts that are dedicated to radiological decommissioning.6. Trust Fund amounts shown for each of the units in this report are market value and after-tax onrealized gains and losses. The Trust Fund balances have not been adjusted for unrealizedgain or loss positions not currently taxable.AoD(4201 Dominion BoulevardGlen Allen, Virginia 23060*-%804-747-0592 JQ,804-747-3742(a www.odec.com | | {{#Wiki_filter:Old Dominion ODEC Electric Cooperative 5M March 30, 2015 United States Nuclear Regulatory Commission Attention: Document Control Desk Washington, D. C. 20555-0001 License Nos. NPF-4,7 OLD DOMINION ELECTRIC COOPERATIVE NORTH ANNA POWER STATION UNITS 1 AND 2 DECOMMISSIONING FUNDING STATUS REPORT Pursuant to 10 CFR 50.75(f)(1), Old Dominion Electric Cooperative (ODEC), is providing this report on the status of decommissioning funding for the North Anna Power Station (NAPS). provides the following information for NAPS: |
| : 7. Since the previous biennial submittal on March 27, 2013 (ML13091A004) for NAPS, therehave been no material changes to trust agreements established for nuclear decommissioningfor the NAPS units.If you have any questions concerning this filing, please contact me at (804) 968-4012.Sincerely,Todd T. BrickhouseVice President -TreasurerOld Dominion Electric CooperativeAttachmentCommitments made in this letter: Nonecc: U. S. Nuclear Regulatory CommissionRegion IIMarquis One Tower245 Peachtree Center Avenue, NESuite 1200Atlanta, Georgia 30303-1257Greg KolcumNRC Senior Resident InspectorNorth Anna Power Station1024 Haley DriveMineral, VA 23117Dr. V. SreenivasNRC Project ManagerU. S. Nuclear Regulatory Commission, Mail Stop 08 G-9AOne White Flint North11555 Rockville PikeRockville, MD 20852-27389 4201 Dominion Boulevard %:1 804-747-0592 Jli 804-747-3742 @ www.odec.comGlen Allen, Virginia 23060 IMs. K. CottonNRC Project ManagerU. S. Nuclear Regulatory Commission, Mail Stop 08 G-9AOne White Flint North11555 Rockville PikeRockville, MD 20852-2738KDavid A. HeacockPresident and Chief Nuclear OfficerVirginia Electric and Power Company120 Tredegar StreetRichmond, VA 23219Richard P. AndersonManagerGeneration FinanceDominion Resources, Inc.120 Tredegar StreetRichmond, VA 23219Frederick D. GerloffDecommissioning ConsultantGeneration FinanceDominion Resources Inc.120 Tredegar StreetRichmond, Virginia 232194201 Dominion BoulevardGlen Allen, Virginia 23060%1 804-747-0592 JIQ 804-747-3742 @ www.odec.com Attachment IOLD DOMINION ELECTRIC COOPERATIVENORTH ANNA POWER STATION UNITS 1 AND 22014 NUCLEAR DECOMMISSIONING FINANCIAL ASSURANCEIn millions of dollars, except percentages and yearsNorth Anna' Unit 1 North Anna' Unit 2 Total For AllNPF-4 NPF-7 UpitsMethod for Providing External ExternalFinancial Assurance Sinking Fund Sinking FundNRC Minimum Financial Assurance Amounts as of 12/31/2014: $ 53.33 $ 53.33 $106.66Funds in the External Trust as of 12/31/2014: $ 71.99 $ 73.95 $145.93Allocated Radiological Funds Held in External Trust as of 12/31/2014 2: $ 49.67 $ 51.02 $100.68Allocated Radiological Funds Held in External Trust as of 12/31/14 minusNRC Minimum Amounts as of 12/31/142'3: $ (3.67) $ (2.31)Projected Annual Escalation Factor: 0.000% 0.000%Annual Trust Funds Earnings Rate (After Taxes and Fees -assumes 2%Real Rate of Return): 2.000% 2.000%Year Operating Licenses Expire (Reflects License Renewals): 2038 2040NRC Minimum Financial Assurance Amounts at Start of Decommissioning: $ 53.33 $ 53.33 $106.66Estimated Radiological Funds in External Trust at Start ofDecommissioning2: $ 78.71 $ 84.77 $163.48Allocated Radiological Funds in Excess or (Under) to NRC MinimumFinancial Assurance Amounts at Start of Decommissioning2'3'4: $ 25.38 $ 31.44 $56.82Estimated Radiological Funds in Excess or (Under) to NRC MinimumAmounts Discounted to 12/31/2014 Using the Annual DecommissioningEarnings Rate: $16.01 $18.92 $34.931 The North Anna Power Station is jointly owned by Virginia Electric and Power Company (88.4%) and Old Dominion Electric Cooperative (11.6%).However, Old Dominion Electric Cooperative is responsible for 10.74% of the decommissioning obligation. The amounts stated in the above tablesreflect only that portion of the decommissioning obligation attributable to Old Dominion Electric Cooperative.2 The Allocated Radiological Funds amounts shown exclude amounts designated for the future decommissioning of the independent spent fuelstorage installation, spent fuel management, and non-radiological decommissioning. The amount of decommissioning funds is the after-tax amount offunds accumulated through December 31, 2014.3 Negative amounts (if any) indicate that the Trust fund values are less than the values of the NRC Minimum Amounts for the period indicated.4 The future value calculation reflects a 2% real rate of return applied from January 1, 2015 to the start of decommissioning assuming a 0% escalationrate.ODEC serves the power requirements of its 11 member distribution cooperatives pursuant to long-term wholesale power contracts. ODEC'swholesale power contracts with each of its member distribution cooperatives are substantially identical, while the schedules and exhibits to eachcontract are specific to each member. There have been no modifications to the current method of providing financial assurance since the reportsubmitted on March 27, 2013.}} | | NRC Minimum Financial Assurance Amount as of 12/31/2014 The following information is provided in support and as part of this filing: |
| | : 1. Preliminary December 2014 Bureau of Labor Statistics indices values are used because the final December 2014 indices values were not available at the time of this filing. |
| | : 2. The escalation of decommissioning costs is held at 0% based on assuming 2% Real Rate of |
| | .. . Return-. |
| | : 3. The growth rate on Trust Funds is held at the allowed 2% Real Rate of Return over the escalation rate. |
| | : 4. No rate regulatory authority citation for NAPS is referenced because the 2% Real Rate of Return allowed by 50.75(e)(1)(ii) is used in the calculations. |
| | : 5. The current annual funding amounts shown for NAPS (Attachment 1) reflect only those fund amounts that are dedicated to radiological decommissioning. |
| | : 6. Trust Fund amounts shown for each of the units in this report are market value and after-tax on realized gains and losses. The Trust Fund balances have not been adjusted for unrealized gain or loss positions not currently taxable. |
| | 4201 Dominion Boulevard *-%804-747-0592 JQ,804-747-3742 (a www.odec.com AoD( |
| | Glen Allen, Virginia 23060 |
| | : 7. Since the previous biennial submittal on March 27, 2013 (ML13091A004) for NAPS, there have been no material changes to trust agreements established for nuclear decommissioning for the NAPS units. |
| | If you have any questions concerning this filing, please contact me at (804) 968-4012. |
| | Sincerely, Todd T. Brickhouse Vice President - Treasurer Old Dominion Electric Cooperative Attachment Commitments made in this letter: None cc: U. S. Nuclear Regulatory Commission Region II Marquis One Tower 245 Peachtree Center Avenue, NE Suite 1200 Atlanta, Georgia 30303-1257 Greg Kolcum NRC Senior Resident Inspector North Anna Power Station 1024 Haley Drive Mineral, VA 23117 Dr. V. Sreenivas NRC Project Manager U. S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 9 4201 Dominion Boulevard %:1 804-747-0592 Jli 804-747-3742 @ www.odec.com Glen Allen, Virginia 23060 |
| | |
| | I Ms. K. Cotton NRC Project Manager U. S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 K David A. Heacock President and Chief Nuclear Officer Virginia Electric and Power Company 120 Tredegar Street Richmond, VA 23219 Richard P. Anderson Manager Generation Finance Dominion Resources, Inc. |
| | 120 Tredegar Street Richmond, VA 23219 Frederick D. Gerloff Decommissioning Consultant Generation Finance Dominion Resources Inc. |
| | 120 Tredegar Street Richmond, Virginia 23219 4201 Dominion Boulevard %1 804-747-0592 JIQ 804-747-3742 @ www.odec.com Glen Allen, Virginia 23060 |
| | |
| | Attachment I OLD DOMINION ELECTRIC COOPERATIVE NORTH ANNA POWER STATION UNITS 1 AND 2 2014 NUCLEAR DECOMMISSIONING FINANCIAL ASSURANCE In millions of dollars, except percentagesand years North Anna' Unit 1 North Anna' Unit 2 Total For All NPF-4 NPF-7 Upits Method for Providing External External Financial Assurance Sinking Fund Sinking Fund NRC Minimum Financial Assurance Amounts as of 12/31/2014: $ 53.33 $ 53.33 $106.66 Funds in the External Trust as of 12/31/2014: $ 71.99 $ 73.95 $145.93 Allocated Radiological Funds Held in External Trust as of 12/31/2014 2: $ 49.67 $ 51.02 $100.68 Allocated Radiological Funds Held in External Trust as of 12/31/14 minus NRC Minimum Amounts as of 12/31/142'3: $ (3.67) $ (2.31) |
| | Projected Annual Escalation Factor: 0.000% 0.000% |
| | Annual Trust Funds Earnings Rate (After Taxes and Fees - assumes 2% |
| | Real Rate of Return): 2.000% 2.000% |
| | Year Operating Licenses Expire (Reflects License Renewals): 2038 2040 NRC Minimum Financial Assurance Amounts at Start of Decommissioning: $ 53.33 $ 53.33 $106.66 Estimated Radiological Funds in External Trust at Start of Decommissioning 2: $ 78.71 $ 84.77 $163.48 Allocated Radiological Funds in Excess or (Under) to NRC Minimum Financial Assurance Amounts at Start of Decommissioning 2' 3' 4: $ 25.38 $ 31.44 $56.82 Estimated Radiological Funds in Excess or (Under) to NRC Minimum Amounts Discounted to 12/31/2014 Using the Annual Decommissioning Earnings Rate: $16.01 $18.92 $34.93 1The North Anna Power Station is jointly owned by Virginia Electric and Power Company (88.4%) and Old Dominion Electric Cooperative (11.6%). |
| | However, Old Dominion Electric Cooperative is responsible for 10.74% of the decommissioning obligation. The amounts stated in the above tables reflect only that portion of the decommissioning obligation attributable to Old Dominion Electric Cooperative. |
| | 2The Allocated Radiological Funds amounts shown exclude amounts designated for the future decommissioning of the independent spent fuel storage installation, spent fuel management, and non-radiological decommissioning. The amount of decommissioning funds is the after-tax amount of funds accumulated through December 31, 2014. |
| | 3Negative amounts (ifany) indicate that the Trust fund values are less than the values of the NRC Minimum Amounts for the period indicated. |
| | 4The future value calculation reflects a 2% real rate of return applied from January 1, 2015 to the start of decommissioning assuming a 0% escalation rate. |
| | ODEC serves the power requirements of its 11 member distribution cooperativespursuantto long-term wholesale power contracts. ODEC's wholesale power contracts with each of its member distributioncooperativesare substantiallyidentical, while the schedules and exhibits to each contract are specific to each member. There have been no modifications to the current method of providing financial assurancesince the report submitted on March 27, 2013.}} |
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Category:Decommissioning Funding Plan DKTs 30
MONTHYEARML23089A3642023-03-30030 March 2023 Decommissioning Funding Status Report ML22010A0292021-12-31031 December 2021 Independent Spent Fuel Storage Installations (Isfsls) - 10 CFR 72.30 Decommissioning Funding Plan ML21354A8462021-12-14014 December 2021 North Ana Power Station Isfsls - 10 CFR 72.30 Decommissioning Funding Plan ML21091A0982021-03-26026 March 2021 Decommissioning Funding Status Report ML21085A5532021-03-25025 March 2021 Decommissioning Funding Status Report ML19092A2692019-03-27027 March 2019 Decommissioning Funding Status Report ML19092A2952019-03-26026 March 2019 Decommissioning Funding Status Report ML19003A1462018-12-31031 December 2018 Independent Spent Fuel Storage Installations (Isfsis) - Submittal of 10 CFR 72.30 Decommissioning Funding Plan ML17094A5222017-03-30030 March 2017 Submittal of Decommissioning Funding Status Report ML17093A6692017-03-30030 March 2017 2016 Decommissioning Funding Status Report ML15099A3962015-03-30030 March 2015 Decommissioning Funding Status Report ML15092A1152015-03-30030 March 2015 Submittal of Decommissioning Funding Status Report ML15093A1042015-03-26026 March 2015 Decommissioning Funding Status Report ML13098A0872013-03-28028 March 2013 Decommissioning Funding Status Report ML13091A0042013-03-27027 March 2013 Decommissioning Financial Assurance ML12353A0322012-12-13013 December 2012 10 CFR 72.30 Decommissioning Funding Plan ML1118101552011-06-14014 June 2011 Submittal of Decommissioning Funding Status Report: Response to Request for Addition Information ML1109003752011-03-29029 March 2011 Decommissioning Funding Status Report ML1109102402011-03-28028 March 2011 Decommissioning Financial Assurance ML0909101482009-03-30030 March 2009 Decommissioning Funding Status Report ML0709300382007-03-29029 March 2007 Decommissioning Funding Status Report ML0508904182005-03-29029 March 2005 Decommissioning Funding Status Report Notification of Intent to Remove Parent Guarantee ML0409800272004-03-29029 March 2004 Decommissioning Funding Status Report and Update to Parent Company Guaranty ML0309906022003-03-31031 March 2003 Decommissioning Funding Status Report and Update to Millstone Unit 1 Parent Guarantee ML0309304252003-03-28028 March 2003 Decommissioning Financial Assurance, Attachments 1 and 2 ML0309304122003-03-28028 March 2003 Decommissioning Financial Assurance, Exhibit A-1 Through Appendix D ML0309303672003-03-28028 March 2003 Decommissioning Financial Assurance, Comprehensive Cost of Service Study - Exhibit D 2023-03-30
[Table view] Category:40
MONTHYEARML23089A3642023-03-30030 March 2023 Decommissioning Funding Status Report ML22010A0292021-12-31031 December 2021 Independent Spent Fuel Storage Installations (Isfsls) - 10 CFR 72.30 Decommissioning Funding Plan ML21354A8462021-12-14014 December 2021 North Ana Power Station Isfsls - 10 CFR 72.30 Decommissioning Funding Plan ML21091A0982021-03-26026 March 2021 Decommissioning Funding Status Report ML21085A5532021-03-25025 March 2021 Decommissioning Funding Status Report ML20244A3362020-08-31031 August 2020 Proposed License Amendment Request, Addition of Analytical Methodology to the Core Opera Ting Limits Report for a Full Spectrum Loss of Coolant Accident (Fsloca) Gamma Energy Redistribution Information ML19092A2692019-03-27027 March 2019 Decommissioning Funding Status Report ML19092A2952019-03-26026 March 2019 Decommissioning Funding Status Report ML19003A1462018-12-31031 December 2018 Independent Spent Fuel Storage Installations (Isfsis) - Submittal of 10 CFR 72.30 Decommissioning Funding Plan ML17094A5222017-03-30030 March 2017 Submittal of Decommissioning Funding Status Report ML17093A6692017-03-30030 March 2017 2016 Decommissioning Funding Status Report ML15099A3962015-03-30030 March 2015 Decommissioning Funding Status Report ML15092A1152015-03-30030 March 2015 Submittal of Decommissioning Funding Status Report ML15093A1042015-03-26026 March 2015 Decommissioning Funding Status Report ML14183B3182014-06-30030 June 2014 Proposed License Amendment Request Permanent Fifteen-Year Type a Test Interval ML13098A0872013-03-28028 March 2013 Decommissioning Funding Status Report ML13091A0042013-03-27027 March 2013 Decommissioning Financial Assurance ML12353A0322012-12-13013 December 2012 10 CFR 72.30 Decommissioning Funding Plan ML1118101552011-06-14014 June 2011 Submittal of Decommissioning Funding Status Report: Response to Request for Addition Information ML1109003752011-03-29029 March 2011 Decommissioning Funding Status Report ML1109102402011-03-28028 March 2011 Decommissioning Financial Assurance ML0909101482009-03-30030 March 2009 Decommissioning Funding Status Report ML0709300382007-03-29029 March 2007 Decommissioning Funding Status Report ML0508904182005-03-29029 March 2005 Decommissioning Funding Status Report Notification of Intent to Remove Parent Guarantee ML0409800272004-03-29029 March 2004 Decommissioning Funding Status Report and Update to Parent Company Guaranty ML0327904602003-09-30030 September 2003 North Anna Early Site Permit Application, Revision 0, Table of Contents, Administrative Information, Site Safety Analysis Report Through Appendix 2.5.4A. (Non-Proprietary) ML0309906022003-03-31031 March 2003 Decommissioning Funding Status Report and Update to Millstone Unit 1 Parent Guarantee ML0309304252003-03-28028 March 2003 Decommissioning Financial Assurance, Attachments 1 and 2 ML0309304122003-03-28028 March 2003 Decommissioning Financial Assurance, Exhibit A-1 Through Appendix D ML0309303672003-03-28028 March 2003 Decommissioning Financial Assurance, Comprehensive Cost of Service Study - Exhibit D 2023-03-30
[Table view] Category:50
MONTHYEARML23089A3642023-03-30030 March 2023 Decommissioning Funding Status Report ML22010A0292021-12-31031 December 2021 Independent Spent Fuel Storage Installations (Isfsls) - 10 CFR 72.30 Decommissioning Funding Plan ML21354A8462021-12-14014 December 2021 North Ana Power Station Isfsls - 10 CFR 72.30 Decommissioning Funding Plan ML21091A0982021-03-26026 March 2021 Decommissioning Funding Status Report ML21085A5532021-03-25025 March 2021 Decommissioning Funding Status Report ML19092A2692019-03-27027 March 2019 Decommissioning Funding Status Report ML19092A2952019-03-26026 March 2019 Decommissioning Funding Status Report ML19003A1462018-12-31031 December 2018 Independent Spent Fuel Storage Installations (Isfsis) - Submittal of 10 CFR 72.30 Decommissioning Funding Plan ML17094A5222017-03-30030 March 2017 Submittal of Decommissioning Funding Status Report ML17093A6692017-03-30030 March 2017 2016 Decommissioning Funding Status Report ML15099A3962015-03-30030 March 2015 Decommissioning Funding Status Report ML15092A1152015-03-30030 March 2015 Submittal of Decommissioning Funding Status Report ML15093A1042015-03-26026 March 2015 Decommissioning Funding Status Report ML13098A0872013-03-28028 March 2013 Decommissioning Funding Status Report ML13091A0042013-03-27027 March 2013 Decommissioning Financial Assurance ML12353A0322012-12-13013 December 2012 10 CFR 72.30 Decommissioning Funding Plan ML1118101552011-06-14014 June 2011 Submittal of Decommissioning Funding Status Report: Response to Request for Addition Information ML1109003752011-03-29029 March 2011 Decommissioning Funding Status Report ML1109102402011-03-28028 March 2011 Decommissioning Financial Assurance ML0909101482009-03-30030 March 2009 Decommissioning Funding Status Report ML0709300382007-03-29029 March 2007 Decommissioning Funding Status Report ML0508904182005-03-29029 March 2005 Decommissioning Funding Status Report Notification of Intent to Remove Parent Guarantee ML0409800272004-03-29029 March 2004 Decommissioning Funding Status Report and Update to Parent Company Guaranty ML0309906022003-03-31031 March 2003 Decommissioning Funding Status Report and Update to Millstone Unit 1 Parent Guarantee ML0309304252003-03-28028 March 2003 Decommissioning Financial Assurance, Attachments 1 and 2 ML0309304122003-03-28028 March 2003 Decommissioning Financial Assurance, Exhibit A-1 Through Appendix D ML0309303672003-03-28028 March 2003 Decommissioning Financial Assurance, Comprehensive Cost of Service Study - Exhibit D 2023-03-30
[Table view] Category:70
MONTHYEARML23089A3642023-03-30030 March 2023 Decommissioning Funding Status Report ML22010A0292021-12-31031 December 2021 Independent Spent Fuel Storage Installations (Isfsls) - 10 CFR 72.30 Decommissioning Funding Plan ML21354A8462021-12-14014 December 2021 North Ana Power Station Isfsls - 10 CFR 72.30 Decommissioning Funding Plan ML21091A0982021-03-26026 March 2021 Decommissioning Funding Status Report ML21085A5532021-03-25025 March 2021 Decommissioning Funding Status Report ML20244A3362020-08-31031 August 2020 Proposed License Amendment Request, Addition of Analytical Methodology to the Core Opera Ting Limits Report for a Full Spectrum Loss of Coolant Accident (Fsloca) Gamma Energy Redistribution Information ML19092A2692019-03-27027 March 2019 Decommissioning Funding Status Report ML19092A2952019-03-26026 March 2019 Decommissioning Funding Status Report ML19003A1462018-12-31031 December 2018 Independent Spent Fuel Storage Installations (Isfsis) - Submittal of 10 CFR 72.30 Decommissioning Funding Plan ML17094A5222017-03-30030 March 2017 Submittal of Decommissioning Funding Status Report ML17093A6692017-03-30030 March 2017 2016 Decommissioning Funding Status Report ML15099A3962015-03-30030 March 2015 Decommissioning Funding Status Report ML15092A1152015-03-30030 March 2015 Submittal of Decommissioning Funding Status Report ML15093A1042015-03-26026 March 2015 Decommissioning Funding Status Report ML14183B3182014-06-30030 June 2014 Proposed License Amendment Request Permanent Fifteen-Year Type a Test Interval ML13098A0872013-03-28028 March 2013 Decommissioning Funding Status Report ML13091A0042013-03-27027 March 2013 Decommissioning Financial Assurance ML12353A0322012-12-13013 December 2012 10 CFR 72.30 Decommissioning Funding Plan ML1118101552011-06-14014 June 2011 Submittal of Decommissioning Funding Status Report: Response to Request for Addition Information ML1109003752011-03-29029 March 2011 Decommissioning Funding Status Report ML1109102402011-03-28028 March 2011 Decommissioning Financial Assurance ML0909101482009-03-30030 March 2009 Decommissioning Funding Status Report ML0709300382007-03-29029 March 2007 Decommissioning Funding Status Report ML0508904182005-03-29029 March 2005 Decommissioning Funding Status Report Notification of Intent to Remove Parent Guarantee ML0409800272004-03-29029 March 2004 Decommissioning Funding Status Report and Update to Parent Company Guaranty ML0327904602003-09-30030 September 2003 North Anna Early Site Permit Application, Revision 0, Table of Contents, Administrative Information, Site Safety Analysis Report Through Appendix 2.5.4A. (Non-Proprietary) ML0309906022003-03-31031 March 2003 Decommissioning Funding Status Report and Update to Millstone Unit 1 Parent Guarantee ML0309304252003-03-28028 March 2003 Decommissioning Financial Assurance, Attachments 1 and 2 ML0309304122003-03-28028 March 2003 Decommissioning Financial Assurance, Exhibit A-1 Through Appendix D ML0309303672003-03-28028 March 2003 Decommissioning Financial Assurance, Comprehensive Cost of Service Study - Exhibit D 2023-03-30
[Table view] Category:Financial Assurance Document
MONTHYEARML22066A4982022-02-24024 February 2022 Nuclear Property Insurance Coverage ML21294A3472021-10-21021 October 2021 Virginia Electric and Power Company; North Anna Power Station Units 1 and 2; Surry Power Station Units 1 and 2; Changes to Decommissioning Trust Agreements ML19092A2952019-03-26026 March 2019 Decommissioning Funding Status Report ML19057A1352019-02-15015 February 2019 Confirmation of Payment ML19042A0752019-02-0101 February 2019 Confirmation of Payment ML19029A1452019-01-23023 January 2019 Nuclear Property Insurance Coverage ML18338A1052018-11-22022 November 2018 Confirmation of Payment ML18271A0272018-09-21021 September 2018 Confirmation of Payment ML18240A1352018-08-17017 August 2018 Confirmation of Payment ML18151A4692018-05-24024 May 2018 Confirmation of Payment ML18128A1902018-05-0303 May 2018 Confirmation of Payment for 2018 ML18058A7422018-02-21021 February 2018 Confirmation of Payment ML17130A9132017-05-0404 May 2017 Confirmation of Payment ML17093A6692017-03-30030 March 2017 2016 Decommissioning Funding Status Report ML16313A0822016-11-0303 November 2016 Station, Unit 1 and 2, North Anna, Units 1 and 2, Confirmation of Payment ML16145A0882016-05-13013 May 2016 Confirmation of Payment ML16130A5672016-05-0303 May 2016 Confirmation of Payment ML16074A1932016-03-0707 March 2016 ISFSI, Millstone, Units 1, 2 & 3 and ISFSI, North Anna, Units 1 & 2 and ISFSI, Surry, Units 1 & 2 and ISFSI - Submittal of Annual Financial Report and Nuclear Liability Insurance Endorsements ML16074A1862016-03-0101 March 2016 Certificate of Liability Insurance ML16054A7962016-02-0505 February 2016 Nuclear Property Insurance Coverage ML16032A1242016-02-0101 February 2016 Resources, Inc., Certificate of Liability Insurance ML15289A0612015-09-30030 September 2015 Confirmation of Payment ML15244B2062015-08-24024 August 2015 Confirmation of Payment ML15099A3962015-03-30030 March 2015 Decommissioning Funding Status Report ML15092A1152015-03-30030 March 2015 Submittal of Decommissioning Funding Status Report ML15093A1042015-03-26026 March 2015 Decommissioning Funding Status Report ML14216A3512014-07-28028 July 2014 ISFSI, Revision to Nuclear Liability Insurance Endorsements ML14129A0112014-05-0202 May 2014 Confirmation of Payment ML14069A3192014-02-24024 February 2014 Confirmation of Payment ML13281A8012013-09-30030 September 2013 Units 1 & 2 - Confirmation of Payment ML13149A2312013-05-20020 May 2013 Confirmation of Payment ML13098A0872013-03-28028 March 2013 Decommissioning Funding Status Report ML13091A0042013-03-27027 March 2013 Decommissioning Financial Assurance ML13066A3762013-02-25025 February 2013 Confirmation of Payment ML12268A0482012-09-13013 September 2012 Confirmation of Payment ML12255A1992012-09-0505 September 2012 Confirmation of Payment ML12146A2642012-05-19019 May 2012 Confirmation of Payment ML12086A0392012-03-20020 March 2012 & ISFSI, Millstone, Units 1, 2 & 3 and ISFSI, North Anna, Units 1 & 2 & ISFSI, Surry, Units 1 & 2 and ISFSI, Submission of Annual Financial Report & Nuclear Nuclear Liability Insurance Endorsements ML1123701552011-11-14014 November 2011 2010 DFS Report Analysis for North Anna Power Station, Unit 1 ML1123701562011-11-14014 November 2011 2010 DFS Report Analysis for North Anna Power Station, Unit 2 ML1110805412011-04-14014 April 2011 Units, 1 & 2 - Nuclear Liability Insurance Endorsements ML0909306902009-03-30030 March 2009 Submittal of Decommissioning Financial Assurance ML0909606412009-03-26026 March 2009 ISFSI, North Anna, Units 1 & 2 and ISFSI, and Surry, Units 1 & 2 and ISFSI - Proof of Financial Protection, Guarantee of Payment of Deferred Premiums and Submission of Annual Financial Report ML0833603882008-12-0101 December 2008 Nuclear Liability Insurance Endorsements ML0813305952008-03-24024 March 2008 ISFSI, North Anna, Units 1 & 2, and ISFSI, Surry, Units 1 & 2 and ISFSI, Proof of Financial Protection, Guarantee of Payment of Deferred Premiums and Submission of Annual Financial Report ML0622105352006-08-0909 August 2006 Nuclear Liability Insurance Endorsements ML0509600802005-03-29029 March 2005 Decommissioning Financial Assurance ML0508904182005-03-29029 March 2005 Decommissioning Funding Status Report Notification of Intent to Remove Parent Guarantee ML0505404482005-02-23023 February 2005 Nuclear Liability Insurance Endorsements ML0307707822003-03-10010 March 2003 Nuclear Property Insurance Coverage 2022-02-24
[Table view] Category:Letter
MONTHYEARIR 05000338/20240032024-10-28028 October 2024 – Integrated Inspection Report 05000338-2024003 and 05000339-2024003 ML24283A0392024-10-0909 October 2024 Annual Submittal of Technical Specification Bases Changes Pursuant to Technical Specification 5.5.13.D ML24281A1372024-10-0707 October 2024 ISFSI - Submittal of Cask Registration for Spent Fuel Storage 05000338/LER-2024-001-01, Automatic Reactor Trip Due to Prni High Negative Rate2024-09-24024 September 2024 Automatic Reactor Trip Due to Prni High Negative Rate IR 05000338/20244202024-09-23023 September 2024 Security Baseline Inspection Report 05000338/2024420 and 05000339/2024420, Cover Letter ML24243A0872024-09-20020 September 2024 Response to EPA Comments Regarding the Final Site Specific Supplement to the Generic Eist for License Renewal North Anna Power Station, Units 1 and 2 IR 05000338/20244022024-09-17017 September 2024 Security Baseline Inspection Report 05000338/2024402 and 05000339/2024402 ML24215A2622024-08-28028 August 2024 Transmittal Letter for Subsequent Renewed License IR 05000338/20240052024-08-27027 August 2024 Updated Inspection Plan for North Anna Power Station, Units 1 and 2 (Report 05000338/2024005 and 05000339/2024005) 05000339/LER-2024-001-01, Loss of Generator Field for 2J Eog During 2-PT-82.282024-08-20020 August 2024 Loss of Generator Field for 2J Eog During 2-PT-82.28 ML24234A0742024-08-15015 August 2024 Notification of Deviation from Pressurized Water Reactor Owners Group (PWROG) Letter OG-23-63, NEI 03-08 Needed Guidance: PWR Thermal Shield Flexure Inspection Requirements ML24221A1932024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Upper Mattaponi Tribe ML24206A0052024-08-0808 August 2024 SLR Final EIS Letter to Achp ML24221A1882024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Monacan Indian Nation ML24221A1842024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Delaware Nation, Oklahoma ML24221A1922024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Tuscarora Nation of New York ML24221A1912024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Rappahannock Tribe, Inc ML24221A1942024-08-0808 August 2024 Tribal Section 106 Letters-North Anna-United Keetoowah Band of Cherokee Indians in Oklahoma ML24221A1852024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Delaware Tribe of Indians ML24221A1832024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Chickahominy Indian Tribe-Eastern Division ML24206A0062024-08-0808 August 2024 Notice of Availability of the Final Environmental Impact Statement for the North Anna Nuclear Power Station Unit Numbers 1 and 2 Subsequent License Renewal (Docket Numbers: 50-338 and 50-339) ML24163A3002024-08-0808 August 2024 Request for Relief Request N1-I5-NDE-007 Inservice Inspection Alternative ML24208A0142024-08-0808 August 2024 Tribal Section 106 Letters-North Anna-Absentee-Shawnee Tribe of Indians of Oklahoma ML24221A1872024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Eastern Shawnee Tribe of Oklahoma ML24221A1862024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Eastern Band of Cherokee Indians ML24221A1902024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Pamunkey Indian Tribe ML24221A1812024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Catawba Indian Nation ML24221A1822024-08-0808 August 2024 Tribal Section 106 Letters - North Anna - Chickahominy Indian Tribe ML24221A1892024-08-0808 August 2024 Tribal Section 106 Letters-North Anna - Nansemond Indian Nation ML24241A0692024-08-0606 August 2024 ISFSI, Submittal of Cask Registration for Spent Fuel Storage IR 05000338/20240022024-08-0202 August 2024 Integrated Inspection Report 05000338/2024002 and 05000339/2024002 ML24206A0432024-07-26026 July 2024 Feis - Letter to the Applicant 05000338/LER-2024-001, Automatic Reactor Trip Due to Prni High Negative Rate2024-07-25025 July 2024 Automatic Reactor Trip Due to Prni High Negative Rate ML24206A0902024-07-24024 July 2024 Owners Activity Report ML24178A2422024-06-25025 June 2024 2023 Annual Report of Emergency Core Cooling System (ECCS) Model, Changes Pursuant to the Requirements of 10 CFR 50.46 ML24177A2792024-06-20020 June 2024 Preparation and Scheduling of Operator Licensing Examinations ML24143A1622024-06-12012 June 2024 – Correction to Issuance of Amendment Nos. 297 and 280 and Surry Units 1 and 2, Correction to Issuance of Amendment Nos. 317 and 317, to Change Emergency Plan Staff Augmentation Times ML24170B0532024-06-10010 June 2024 DOM-NAF-2-P/NP-A, Revision 0.5, Reactor Core Thermal-Hydraulics Using the VIPRE-D Computer Code 05000339/LER-2024-001, Loss of Generator Field for 2J EDG During 2-PT-82.282024-06-0505 June 2024 Loss of Generator Field for 2J EDG During 2-PT-82.28 ML24165A1462024-06-0505 June 2024 Loss of Generator Field for 2J EDG During 2-PT-82.28 IR 05000338/20240102024-05-24024 May 2024 NRC Fire Protection Team Inspection (FPTI) Report 05000338/2024010 and 05000339/2024010 IR 05000338/20240012024-05-10010 May 2024 Integrated Inspection Report 05000338/2024001 and 05000339/2024001 IR 05000338/20244032024-04-30030 April 2024 – Security Baseline Inspection Report 05000338-2024403 and 05000339-2024403 ML24054A0142024-04-22022 April 2024 Issuance of Amendment Nos. 297 and 280, and Surry Power Station Unit Nos. 1 and 2, Issuance of Amendment Nos. 317 and 317, to Change Emergency Plan Staff Augmentation Times ML24110A1462024-04-18018 April 2024 Independent Spent Fuel Storage Installation (Sfsi) - Annual Radiological Environmental Operating Report ML24110A1502024-04-18018 April 2024 Independent Spent Fuel Storage Installation (ISFSI) - Annual Radioactive Effluent Release Report ML24110A1392024-04-18018 April 2024 Annual Environmental Operating Report ML24087A0572024-04-16016 April 2024 Correction to Issuance of Amendment Nos. 296 and 279 ML24088A2692024-03-27027 March 2024 Core Operating Limits Report Cycle 31 Pattern Sos Revision 0 ML24086A4292024-03-25025 March 2024 Response to Request for Additional Information Associated with Alternative Request N1-I5-NDE-007 Request to Deter Additional Required Reactor Coolant Pump Casing Inspection 2024-09-24
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Old Dominion ODEC Electric Cooperative 5M March 30, 2015 United States Nuclear Regulatory Commission Attention: Document Control Desk Washington, D. C. 20555-0001 License Nos. NPF-4,7 OLD DOMINION ELECTRIC COOPERATIVE NORTH ANNA POWER STATION UNITS 1 AND 2 DECOMMISSIONING FUNDING STATUS REPORT Pursuant to 10 CFR 50.75(f)(1), Old Dominion Electric Cooperative (ODEC), is providing this report on the status of decommissioning funding for the North Anna Power Station (NAPS). provides the following information for NAPS:
NRC Minimum Financial Assurance Amount as of 12/31/2014 The following information is provided in support and as part of this filing:
- 1. Preliminary December 2014 Bureau of Labor Statistics indices values are used because the final December 2014 indices values were not available at the time of this filing.
- 2. The escalation of decommissioning costs is held at 0% based on assuming 2% Real Rate of
.. . Return-.
- 3. The growth rate on Trust Funds is held at the allowed 2% Real Rate of Return over the escalation rate.
- 4. No rate regulatory authority citation for NAPS is referenced because the 2% Real Rate of Return allowed by 50.75(e)(1)(ii) is used in the calculations.
- 5. The current annual funding amounts shown for NAPS (Attachment 1) reflect only those fund amounts that are dedicated to radiological decommissioning.
- 6. Trust Fund amounts shown for each of the units in this report are market value and after-tax on realized gains and losses. The Trust Fund balances have not been adjusted for unrealized gain or loss positions not currently taxable.
4201 Dominion Boulevard *-%804-747-0592 JQ,804-747-3742 (a www.odec.com AoD(
Glen Allen, Virginia 23060
- 7. Since the previous biennial submittal on March 27, 2013 (ML13091A004) for NAPS, there have been no material changes to trust agreements established for nuclear decommissioning for the NAPS units.
If you have any questions concerning this filing, please contact me at (804) 968-4012.
Sincerely, Todd T. Brickhouse Vice President - Treasurer Old Dominion Electric Cooperative Attachment Commitments made in this letter: None cc: U. S. Nuclear Regulatory Commission Region II Marquis One Tower 245 Peachtree Center Avenue, NE Suite 1200 Atlanta, Georgia 30303-1257 Greg Kolcum NRC Senior Resident Inspector North Anna Power Station 1024 Haley Drive Mineral, VA 23117 Dr. V. Sreenivas NRC Project Manager U. S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 9 4201 Dominion Boulevard %:1 804-747-0592 Jli 804-747-3742 @ www.odec.com Glen Allen, Virginia 23060
I Ms. K. Cotton NRC Project Manager U. S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 K David A. Heacock President and Chief Nuclear Officer Virginia Electric and Power Company 120 Tredegar Street Richmond, VA 23219 Richard P. Anderson Manager Generation Finance Dominion Resources, Inc.
120 Tredegar Street Richmond, VA 23219 Frederick D. Gerloff Decommissioning Consultant Generation Finance Dominion Resources Inc.
120 Tredegar Street Richmond, Virginia 23219 4201 Dominion Boulevard %1 804-747-0592 JIQ 804-747-3742 @ www.odec.com Glen Allen, Virginia 23060
Attachment I OLD DOMINION ELECTRIC COOPERATIVE NORTH ANNA POWER STATION UNITS 1 AND 2 2014 NUCLEAR DECOMMISSIONING FINANCIAL ASSURANCE In millions of dollars, except percentagesand years North Anna' Unit 1 North Anna' Unit 2 Total For All NPF-4 NPF-7 Upits Method for Providing External External Financial Assurance Sinking Fund Sinking Fund NRC Minimum Financial Assurance Amounts as of 12/31/2014: $ 53.33 $ 53.33 $106.66 Funds in the External Trust as of 12/31/2014: $ 71.99 $ 73.95 $145.93 Allocated Radiological Funds Held in External Trust as of 12/31/2014 2: $ 49.67 $ 51.02 $100.68 Allocated Radiological Funds Held in External Trust as of 12/31/14 minus NRC Minimum Amounts as of 12/31/142'3: $ (3.67) $ (2.31)
Projected Annual Escalation Factor: 0.000% 0.000%
Annual Trust Funds Earnings Rate (After Taxes and Fees - assumes 2%
Real Rate of Return): 2.000% 2.000%
Year Operating Licenses Expire (Reflects License Renewals): 2038 2040 NRC Minimum Financial Assurance Amounts at Start of Decommissioning: $ 53.33 $ 53.33 $106.66 Estimated Radiological Funds in External Trust at Start of Decommissioning 2: $ 78.71 $ 84.77 $163.48 Allocated Radiological Funds in Excess or (Under) to NRC Minimum Financial Assurance Amounts at Start of Decommissioning 2' 3' 4: $ 25.38 $ 31.44 $56.82 Estimated Radiological Funds in Excess or (Under) to NRC Minimum Amounts Discounted to 12/31/2014 Using the Annual Decommissioning Earnings Rate: $16.01 $18.92 $34.93 1The North Anna Power Station is jointly owned by Virginia Electric and Power Company (88.4%) and Old Dominion Electric Cooperative (11.6%).
However, Old Dominion Electric Cooperative is responsible for 10.74% of the decommissioning obligation. The amounts stated in the above tables reflect only that portion of the decommissioning obligation attributable to Old Dominion Electric Cooperative.
2The Allocated Radiological Funds amounts shown exclude amounts designated for the future decommissioning of the independent spent fuel storage installation, spent fuel management, and non-radiological decommissioning. The amount of decommissioning funds is the after-tax amount of funds accumulated through December 31, 2014.
3Negative amounts (ifany) indicate that the Trust fund values are less than the values of the NRC Minimum Amounts for the period indicated.
4The future value calculation reflects a 2% real rate of return applied from January 1, 2015 to the start of decommissioning assuming a 0% escalation rate.
ODEC serves the power requirements of its 11 member distribution cooperativespursuantto long-term wholesale power contracts. ODEC's wholesale power contracts with each of its member distributioncooperativesare substantiallyidentical, while the schedules and exhibits to each contract are specific to each member. There have been no modifications to the current method of providing financial assurancesince the report submitted on March 27, 2013.