ML111790130: Difference between revisions

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{{#Wiki_filter:I SO UTHERN CAL IFORNIAEDISONAn EDISONINTERN ATIONALCompany ATTN: DocumentControlDeskU.S.Nuclear Regulatory Commission Washington, D.C.20555-0001 June27,2011 Richard J.St.Onge Director NuclearRegulatoryAffairs10CFR50.75
{{#Wiki_filter:I ~I        SOUTHERN CALIFORNIA                                                    Richard J. St. Onge
~            EDISON                                                                Director Nuclear Regulato ry Affairs An EDI SON INTERNATIONA L Comp any 10 CFR 50.75 June 27, 2011 ATTN: Document Control Desk U. S. Nuclear Regulatory Commission Washington, D. C. 20555-0001


==Subject:==
==Subject:==
DocketNo.50-20610CFR 50.75(f)(1)
Docket No. 50-206 10 CFR 50.75(f)(1) Decommissioning Funding Status Report San Onofre Nuclear Generating Station Unit 1
DecommissioningFundingStatus Report San Onofre Nuclear GeneratingStationUnit1


==Reference:==
==Reference:==
Letterfrom R.J.StOnge(SCE)to DocumentControlDesk(NRC),  
Letter from R. J. St Onge (SCE) to Document Control Desk (NRC),


==Subject:==
==Subject:==
  "DocketNo.50-20610CFR50
  "Docket No. 50-206 10 CFR 50.75(f)(1) Decommissioning Funding Report, San Onofre Nuclear Gene rating Station Unit 1" dated March 31, 2011
.75(f)(1)Decommissioning Funding Report,SanOnofre Nuclear Gene ratingStationUnit1"datedMarch31,2011


==DearSirorMadam:==
==Dear Sir or Madam:==
Thereferencedletterprovidedthe DecommissioningFundingStatusReportforSan Onofre Nuclear Generating Station (SONGS)Unit1.Afollow-upreviewoftheback-up informationforthereportidentifiedan incorrect applicationofthe escalationrateswhichresultedinarevisiontothesite specific estimate for decommissioning.Enclosedisa revised DecommissioningFundingStatusReportforSanOnofre Nuclear GeneratingStation(SONGS)Unit1
.Thereareno commitmentscontainedinthisletterorits enclosure.Ifyouhaveany questionsregardingthismatter, pleasecontactMs.Linda 1.Conklinat 949-368-9443.
Sincerely, P.O.Bo x 128SanClemente, CA 92674 Document Control Desk-2-Ju ne 27, 2011


==Enclosure:==
The referenced letter provided the Decommissioning Funding Status Report for San Onofre Nuclear Generating Station (SONGS) Unit 1. A follow-up review of the back-up information for the report identified an incorrect application of the escalation rates which resulted in a revision to the site specific estimate for decommissioning. Enclosed is a revised Decommissioning Funding Status Report for San Onofre Nuclear Generating Station (SONGS) Unit 1.
SONGSUnit1 Decomm issioning Funding Status Report cc: E.E.Collins , Regiona l Adm jnistrator
There are no commitments contained in this letter or its enclosure.
, NRC Region IV J.E.Whitten , NRC Region IV , San OnofreUnit1J.C.Shepherd , NRC Project Manager , San OnofreUnit1G.G.Warnick , NRC Senior Resident Inspector , San Onofre Units2&3
If you have any questions regarding this matter, please contact Ms. Linda 1. Conklin at 949-368-9443.
Sincerely, P.O. Box 128 San Clemente , CA 92674


San Onofre Nuclear Gene rating Station Unit 1 Decommissioning Funding Status Report Provided below is the information required by 10 CFR 50.75(f)(1) for San Onofre Unit 1.
Document Control Desk                                        Ju ne 27, 2011
This information is reported every year for San Onofre Unit 1 because it was permanently shut down before the end of its licensed life and is currently being decommissioned.


All dollar amounts are in 2010 dollars, and the owners are reported as follows:  
==Enclosure:==
 
SONGS Unit 1 Decomm issioning Funding Status Report cc: E. E. Collins , Regiona l Adm jnistrator, NRC Region IV J. E. Whitten , NRC Region IV, San Onofre Unit 1 J. C. Shepherd , NRC Project Manager, San Onofre Unit 1 G. G. Warnick, NRC Senior Resident Inspector, San Onofre Units 2 & 3
Southern California Edison (SCE) 80 %
San Diego Gas & Electric (SDG&E) 20 %
: 1) The decommissioning fund estimated to be required pursuant to 10 CFR 50.75(b) and (c)  is the following:
 
a) The minimum amount calculated by t he method prescribed by 10 CFR 50.75(c) is $389.6 million.  
 
b) The San Onofre Unit 1 site-specific estimate (1) for decommissioning includes the following radiological decommissioning costs associated with terminating the site license: 
 
San Onofre Unit 1 Estimate of Radiological Costs 


                  $ 551.4 million Actual Radiological Costs through 12/31/2010          $ 442.9 million To Go Costs        
San Onofre Nuclear Generating Station Unit 1 Decommissioning Funding Status Report Provided below is the information required by 10 CFR 50.75(f)(1) for San Onofre Unit 1.
 
This information is reported every year for San Onofre Unit 1 because it was permanently shut down before the end of its licensed life and is currently being decommissioned.
                      $ 108.5 million The To Go Costs reflect the remaining obligation fo r the radiological costs associated with terminating the site license.
All dollar amounts are in 2010 dollars, and the owners are reported as follows:
: 2) The Decommissioning Trust Fund amount re maining at the end of calendar year 2010 (net of estimated capital gains taxes) is:  
Southern California Edison (SCE)              80 %
 
San Diego Gas & Electric (SDG&E)              20 %
Owner      
: 1) The decommissioning fund estimated to be required pursuant to 10 CFR 50.75(b) and (c) is the following:
 
a) The minimum amount calculated by the method prescribed by 10 CFR 50.75(c) is $389.6 million.
San Onofre Unit 1         SCE      
b) The San Onofre Unit 1 site-specific estimate (1) for decommissioning includes the following radiological decommissioning costs associated with terminating the site license:
                            $ 168.8 million         SDG&E (2)              
San Onofre Unit 1 Estimate of Radiological Costs                        $ 551.4 million Actual Radiological Costs through 12/31/2010          $ 442.9 million To Go Costs                                           $ 108.5 million The To Go Costs reflect the remaining obligation for the radiological costs associated with terminating the site license.
    $   85.6 million           TOTAL    
: 2) The Decommissioning Trust Fund amount remaining at the end of calendar year 2010 (net of estimated capital gains taxes) is:
                        $ 254.4 million
Owner                       San Onofre Unit 1 SCE                       $ 168.8 million SDG&E (2)                 $ 85.6 million TOTAL                     $ 254.4 million
: 3) The decommissioning fund for San Onofre Unit 1 is sufficient to provide for the estimated decommissioning costs, and as of June 1999, decommissioning funds are no longer collected.
: 3) The decommissioning fund for San Onofre Unit 1 is sufficient to provide for the estimated decommissioning costs, and as of June 1999, decommissioning funds are no longer collected.
: 4) The composite escalation rate for San Onofre Unit 1 Decommissioning is 2.49%.
: 4) The composite escalation rate for San Onofre Unit 1 Decommissioning is 2.49%.
: 5) The after-tax composite investment rate of return for the San Onofre Unit 1 Decommissioning is 4.32%. The composite investment rate of return less the composite escalation rate yields a compos ite real earnings rate less than the 2.0%
: 5) The after-tax composite investment rate of return for the San Onofre Unit 1 Decommissioning is 4.32%. The composite investment rate of return less the composite escalation rate yields a composite real earnings rate less than the 2.0%
real rate of return allowed under 10 CFR 50.75(e)(1)(ii).
real rate of return allowed under 10 CFR 50.75(e)(1)(ii).
: 6) None of the owners of San Onofre Unit 1 are relying on any contracts for the purposes of providing decommissioning fundi ng pursuant to 10 CFR 50.75(e)(1)(v). There have been no modifications to the method of providing financial assurance and no material changes to the trus t agreements since the March 29, 2010 Decommissioning Funding Report fo r San Onofre Unit 1.  
: 6) None of the owners of San Onofre Unit 1 are relying on any contracts for the purposes of providing decommissioning funding pursuant to 10 CFR 50.75(e)(1)(v).
 
There have been no modifications to the method of providing financial assurance and no material changes to the trust agreements since the March 29, 2010 Decommissioning Funding Report for San Onofre Unit 1.
Notes: (1) The site-specific decommissioning cost estimate for San Onofre Unit 1 that was provided to the California Public Utilities Commission (CPUC) on April 3, 2009, includes the remaining radiological costs associated with terminating the site license; used fuel storage costs, and non-radiological costs which include the costs to exca vate and dispose of all remaining structures, appurtenances, and foundations from t he onshore site, and to perform site restoration, as required under the current site lease contract(s) with the U.S. Department of the Navy, and to disposit ion the Unit 1 offshore circulating water conduits as required under the current amendment to the easement-lease granted by the California State Lands Commission. The CPUC approved the Unit 1 Decommissioning cost estimate on July 29, 2010.     (2) SCE is submitting information with respect to its co-owner, SDG&E.
Notes: (1) The site-specific decommissioning cost estimate for San Onofre Unit 1 that was provided to the California Public Utilities Commission (CPUC) on April 3, 2009, includes the remaining radiological costs associated with terminating the site license; used fuel storage costs, and non-radiological costs which include the costs to excavate and dispose of all remaining structures, appurtenances, and foundations from the onshore site, and to perform site restoration, as required under the current site lease contract(s) with the U.S. Department of the Navy, and to disposition the Unit 1 offshore circulating water conduits as required under the current amendment to the easement-lease granted by the California State Lands Commission. The CPUC approved the Unit 1 Decommissioning cost estimate on July 29, 2010.
SDG&E is responsible for t he completeness and accuracy of their       information.}}
(2) SCE is submitting information with respect to its co-owner, SDG&E.
SDG&E is responsible for the completeness and accuracy of their information.}}

Latest revision as of 19:06, 12 November 2019

CFR 50.75(f)(1) Decommissioning Funding Status Report
ML111790130
Person / Time
Site: San Onofre Southern California Edison icon.png
Issue date: 06/27/2011
From: St.Onge R
Southern California Edison Co
To:
Document Control Desk, NRC/FSME
References
Download: ML111790130 (4)


Text

I ~I SOUTHERN CALIFORNIA Richard J. St. Onge

~ EDISON Director Nuclear Regulato ry Affairs An EDI SON INTERNATIONA L Comp any 10 CFR 50.75 June 27, 2011 ATTN: Document Control Desk U. S. Nuclear Regulatory Commission Washington, D. C. 20555-0001

Subject:

Docket No. 50-206 10 CFR 50.75(f)(1) Decommissioning Funding Status Report San Onofre Nuclear Generating Station Unit 1

Reference:

Letter from R. J. St Onge (SCE) to Document Control Desk (NRC),

Subject:

"Docket No. 50-206 10 CFR 50.75(f)(1) Decommissioning Funding Report, San Onofre Nuclear Gene rating Station Unit 1" dated March 31, 2011

Dear Sir or Madam:

The referenced letter provided the Decommissioning Funding Status Report for San Onofre Nuclear Generating Station (SONGS) Unit 1. A follow-up review of the back-up information for the report identified an incorrect application of the escalation rates which resulted in a revision to the site specific estimate for decommissioning. Enclosed is a revised Decommissioning Funding Status Report for San Onofre Nuclear Generating Station (SONGS) Unit 1.

There are no commitments contained in this letter or its enclosure.

If you have any questions regarding this matter, please contact Ms. Linda 1. Conklin at 949-368-9443.

Sincerely, P.O. Box 128 San Clemente , CA 92674

Document Control Desk Ju ne 27, 2011

Enclosure:

SONGS Unit 1 Decomm issioning Funding Status Report cc: E. E. Collins , Regiona l Adm jnistrator, NRC Region IV J. E. Whitten , NRC Region IV, San Onofre Unit 1 J. C. Shepherd , NRC Project Manager, San Onofre Unit 1 G. G. Warnick, NRC Senior Resident Inspector, San Onofre Units 2 & 3

San Onofre Nuclear Generating Station Unit 1 Decommissioning Funding Status Report Provided below is the information required by 10 CFR 50.75(f)(1) for San Onofre Unit 1.

This information is reported every year for San Onofre Unit 1 because it was permanently shut down before the end of its licensed life and is currently being decommissioned.

All dollar amounts are in 2010 dollars, and the owners are reported as follows:

Southern California Edison (SCE) 80 %

San Diego Gas & Electric (SDG&E) 20 %

1) The decommissioning fund estimated to be required pursuant to 10 CFR 50.75(b) and (c) is the following:

a) The minimum amount calculated by the method prescribed by 10 CFR 50.75(c) is $389.6 million.

b) The San Onofre Unit 1 site-specific estimate (1) for decommissioning includes the following radiological decommissioning costs associated with terminating the site license:

San Onofre Unit 1 Estimate of Radiological Costs $ 551.4 million Actual Radiological Costs through 12/31/2010 $ 442.9 million To Go Costs $ 108.5 million The To Go Costs reflect the remaining obligation for the radiological costs associated with terminating the site license.

2) The Decommissioning Trust Fund amount remaining at the end of calendar year 2010 (net of estimated capital gains taxes) is:

Owner San Onofre Unit 1 SCE $ 168.8 million SDG&E (2) $ 85.6 million TOTAL $ 254.4 million

3) The decommissioning fund for San Onofre Unit 1 is sufficient to provide for the estimated decommissioning costs, and as of June 1999, decommissioning funds are no longer collected.
4) The composite escalation rate for San Onofre Unit 1 Decommissioning is 2.49%.
5) The after-tax composite investment rate of return for the San Onofre Unit 1 Decommissioning is 4.32%. The composite investment rate of return less the composite escalation rate yields a composite real earnings rate less than the 2.0%

real rate of return allowed under 10 CFR 50.75(e)(1)(ii).

6) None of the owners of San Onofre Unit 1 are relying on any contracts for the purposes of providing decommissioning funding pursuant to 10 CFR 50.75(e)(1)(v).

There have been no modifications to the method of providing financial assurance and no material changes to the trust agreements since the March 29, 2010 Decommissioning Funding Report for San Onofre Unit 1.

Notes: (1) The site-specific decommissioning cost estimate for San Onofre Unit 1 that was provided to the California Public Utilities Commission (CPUC) on April 3, 2009, includes the remaining radiological costs associated with terminating the site license; used fuel storage costs, and non-radiological costs which include the costs to excavate and dispose of all remaining structures, appurtenances, and foundations from the onshore site, and to perform site restoration, as required under the current site lease contract(s) with the U.S. Department of the Navy, and to disposition the Unit 1 offshore circulating water conduits as required under the current amendment to the easement-lease granted by the California State Lands Commission. The CPUC approved the Unit 1 Decommissioning cost estimate on July 29, 2010.

(2) SCE is submitting information with respect to its co-owner, SDG&E.

SDG&E is responsible for the completeness and accuracy of their information.