ML112351282

2010 DFS Report Analysis for Cooper Nuclear Station

ML112351282
Person / Time
Site:	Cooper
Issue date:	11/14/2011
From:	Szabo A Division of Inspection and Regional Support
To:
Szabo, A L, NRR/DPR, 415-1985
References
Download: ML112351282 (4)

Text

Datasheet 1 Plant name: Cooper Nuclear Station Docket Number: 50-298 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $574,906,000 Did the licensee identify the amount of estimated radiological funds? (Y/N) Y 2 The total amount of dollars accumulated at the end of the appropriate year: (see below)

Licensee:  % Owned: Category: Amount in Trust Fund:

Nebraska Public Power District 100.00% 1 $484,130,065 Total Trust Fund Balance $484,130,065 3 Schedule of the annual amounts remaining to be collected: (provided/none) None 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)

Post-RAI Rate of Rate(s) of PUC RAI PUC Allowed Rates Real Rate Allowed through Decom Return on Escalation Rate Other Verified Needed Verified through Determined of Return (Y/N)

Earnings Factors (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) 5.50% 3.00% 2.50% N N Y Y N Y 5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 7 Any material changes to trust agreements? (Y/N) N If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below)

Signature: Michael Purdie and Jo Ann Simpson Date: 07/26/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/22/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Cooper Nuclear Station Docket Number: 50-298 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 1 18 2034 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx BWR 2419 $125,771,000 111.3 2.08 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.307 0.22 12.54 NRC Minimum: $573,962,092 Site Specific: $574,906,000 Amount of NRC Minimum/Site Licensee:  % Owned: Category Specific: Amount in Trust Fund:

Nebraska Public Power District 100.00% 1 $574,906,000 $484,130,065 Total Fund Balance: $484,130,065 Step 1:

Earnings Credit:

Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:

$484,130,065 2% 23.05 $764,146,059 YES Step 2:

Accumulation:

Value of Annuity per year (amount/See Real Rate of Return Number of Annual Annuity Sheet) per year Payments: Total Annuity:

2% $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 2:

$0 2% 23.05 $0 Total Step 1 + Step 2 Does Licensee Pass:

$764,146,059 YES Step 3:

Decom Period:

Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:

$764,146,059 2% 7 $56,808,783 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:

$820,954,843 YES NO Signature: Michael Purdie and Jo Ann Simpson Date: 07/26/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/22/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Cooper Nuclear Station Docket Number: 50-298 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 1 18 2034 If licensee is granted greater than 2% RRR Step 4:

Earnings Credit:

Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:

$484,130,065 2.50% 23.05 $855,308,262 YES Step 5:

Accumulation:

Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:

$0 2.50% 0 $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5

$0 2.50% 23.05 $0 Total Step 4 + Step 5 Does Licensee Pass:

$855,308,262 YES Step 6:

Decom Period:

Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:

$855,308,262 2.50% 7 $80,692,242 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:

$936,000,504 YES NO Signature: Michael Purdie and Jo Ann Simpson Date: 07/26/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/22/2011 Formulas verified by: Clayton Pittiglio

DECON ANALYSIS Name of Unit: Cooper Nuclear Station Name of Licensee: Nebraska Public Power District Operations Termination Date: 1 18 2034 End of Operations Balance: $855,308,262 Real Rate of Return: 2.50% (Operating Beginning Trust Expense Per Year Real Rate of End of Year Trust Year Spent Fuel Fund Balance Plant Return Fund Balance 2034 $855,308,262 $82,129,428 N/A 2.00% $789,463,705 2035 $789,463,705 $82,129,429 N/A 2.00% $722,302,256 2036 $722,302,256 $82,129,429 N/A 2.00% $653,797,578 2037 $653,797,578 $82,129,428 N/A 2.00% $583,922,807 2038 $583,922,807 $82,129,429 N/A 2.00% $512,650,540 2039 $512,650,540 $82,129,428 N/A 2.00% $439,952,828 2040 $439,952,828 $82,129,429 N/A 2.00% $399,281,538 Signature: Michael Purdie and Jo Ann Simpson Date: 07/26/2011 Signature: Aaron L. Szabo Date: 8/22/2011