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| number = ML101620393
| number = ML101620393
| issue date = 08/22/2010
| issue date = 08/22/2010
| title = Duane Arnold Energy Center - Notice of Termination of Parent Company Guaranty and 2010 Status of Decommissioning Funding Assurance for Duane Arnold Energy Center
| title = Notice of Termination of Parent Company Guaranty and 2010 Status of Decommissioning Funding Assurance for Duane Arnold Energy Center
| author name = Feintuch K D
| author name = Feintuch K
| author affiliation = NRC/NRR/DORL/LPLIII-1
| author affiliation = NRC/NRR/DORL/LPLIII-1
| addressee name = St.Pierre G
| addressee name = St.Pierre G
Line 9: Line 9:
| docket = 05000331
| docket = 05000331
| license number = DPR-049
| license number = DPR-049
| contact person = Feintuch K D, NRR/DORL/LPL3-1, 415-3079
| contact person = Feintuch K, NRR/DORL/LPL3-1, 415-3079
| case reference number = TAC ME3780
| case reference number = TAC ME3780
| document type = Letter
| document type = Letter
Line 18: Line 18:


=Text=
=Text=
{{#Wiki_filter:UNITED NUCLEAR REGULATORY WASHINGTON, D.C. 20555-0001 August 22, 2010 Mr. Gene St. Pierre Vice President, Fleet Support FPL Group, Inc. P.O. Box 14000 Juno Beach, FL 33408-0420 SUB..DUANE ARNOLD ENERGY CENTER -NOTICE OF TERMINATION OF PARENT COMPANY GUARANTY AND 2010 STATUS OF DECOMMISSIONING FUNDING ASSURANCE (TAC NO. ME3780)  
{{#Wiki_filter:UNITED STATES NUCLEAR REGULATORY COMMISSION WASHINGTON, D.C. 20555-0001 August 22, 2010 Mr. Gene St. Pierre Vice President, Fleet Support FPL Group, Inc.
P.O. Box 14000 Juno Beach, FL 33408-0420 SUB..IECT:      DUANE ARNOLD ENERGY CENTER - NOTICE OF TERMINATION OF PARENT COMPANY GUARANTY AND 2010 STATUS OF DECOMMISSIONING FUNDING ASSURANCE (TAC NO. ME3780)


==Dear Mr. St. Pierre:==
==Dear Mr. St. Pierre:==
The Nuclear Regulatory Commission (NRC) is in receipt of your Notice of Termination of Decommissioning Parent [Company]
 
Guaranty, dated April 7, 2010, Agencywide Documents Access and Management System (ADAMS) Accession No. ML 101040713.
The Nuclear Regulatory Commission (NRC) is in receipt of your Notice of Termination of Decommissioning Parent [Company] Guaranty, dated April 7, 2010, Agencywide Documents Access and Management System (ADAMS) Accession No. ML101040713. In it, FPL Group requested that that its Parent Company Guaranty (PCG) for the Duane Arnold Energy Center (DAEC) be terminated, because current financial assurance for DAEC is sufficient without further reliance upon a $93,000,000 Parent Company Guaranty.
In it, FPL Group requested that that its Parent Company Guaranty (PCG) for the Duane Arnold Energy Center (DAEC) be terminated, because current financial assurance for DAEC is sufficient without further reliance upon a $93,000,000 Parent Company Guaranty.
NextEra Energy Duane Arnold, LLC submitted a [2010 Annual] Decommissioning Funding Status Report in a letter dated March 25, 2010 (ADAMS Accession No. ML100970069), as supplemented by a letter from Florida Power & Light Company dated May 25, 2010 (ADAMS Accession No. ML101470054).
NextEra Energy Duane Arnold, LLC submitted a [2010 Annual] Decommissioning Funding Status Report in a letter dated March 25, 2010 (ADAMS Accession No. ML 100970069), as supplemented by a letter from Florida Power &Light Company dated May 25, 2010 (ADAMS Accession No. ML 101470054).
The NRC staff has reviewed the letters of March 25, April 7, and May 25,2010, and finds no objection to the cancellation of the PCG at the end of the 120 day notice period specified in Appendix A to Title 10 of the Code of Federal Regulations Part 30. The March 25, 2010, submittal included a revised site-specific cost estimate using SAFSTOR which demonstrated that the PCG is no longer necessary to provide decommissioning funding assurance.
The NRC staff has reviewed the letters of March 25, April 7, and May 25,2010, and finds no objection to the cancellation of the PCG at the end of the 120 day notice period specified in Appendix A to Title 10 of the Code of Federal Regulations Part 30. The March 25, 2010, submittal included a revised site-specific cost estimate using SAFSTOR which demonstrated that the PCG is no longer necessary to provide decommissioning funding assurance.
However, changing economic environments, along with NRC staff reviews of future Decommissioning Funding Assurance Reports, may require the reintroduction of a FPL Group Parent Company Guaranty for Duane Arnold Energy Center, or another method provided in the regulations.
However, changing economic environments, along with NRC staff reviews of future Decommissioning Funding Assurance Reports, may require the reintroduction of a FPL Group Parent Company Guaranty for Duane Arnold Energy Center, or another method provided in the regulations.
G. St. Pierre -2 If you have any questions regarding this letter, please contact me at 301-415-3079.
 
Sincerely, Karl Feintuch, Project Manager Plant Licensing Branch 111-1 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-331 cc: Mr. Christopher R. Costanzo Vice President Duane Arnold Energy Center 3277 DAEC Road Palo, IA 52324-9785 Mr. Larry Nicholson Director of Licensing Florida Power & Light Company 700 Universe Boulevard P.O. Box 14000 Juno Beach, FL 33408-0420 Additional Distribution via Listserv G. S1. Pierre -2 If you have any questions regarding this letter, please contact me at 301-415-3079.
G. St. Pierre                                   -2 If you have any questions regarding this letter, please contact me at 301-415-3079.
Sincerely, IRAJ Karl Feintuch, Project Manager Plant Licensing Branch 111-1 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-331 cc: Mr. Christopher R. Costanzo Vice President Duane Arnold Energy Center 3277 DAEC Road Palo, IA 52324-9785 Mr. Larry Nicholson Director of Licensing Florida Power & Light Company 700 Universe Boulevard P.O. Box 14000 Juno Beach, FL 33408-0420 Additional Distribution via Listserv DISTRIBUTION:
Sincerely, Karl Feintuch, Project Manager Plant Licensing Branch 111-1 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-331 cc:
PUBLIC LPL3-1 r/f RidsNrrDorlDpr Resource RidsNrrDorlLpl3-1 Resource RidsAcrsAcnw_MailCTR Resource RidsNrrLABTully Resource RidsOgcRp Resource RidsNrrDirsltsb Resource RidsRgn3MailCenter Resource ASimmons, NRR RidsNrrPMDuaneArnold Resource MDusaniwskyj, NRR ADAMS ACCESSION NO.: ML 101620393 OFFICE NRRlLPL3-11 PM NRRlLPL3-11 LA NRRlPFAB/BC OGC *NLO NRRlLPL3-11 BC NAME KFeintuch BTuily fTHarris for CRegan /BRichter for SUUal RPascarelli DATE 08/09/10 08/10/10 08/11/10 08/13/10 08/22/10 OFFICIAL RECORD}}
Mr. Christopher R. Costanzo Vice President Duane Arnold Energy Center 3277 DAEC Road Palo, IA 52324-9785 Mr. Larry Nicholson Director of Licensing Florida Power & Light Company 700 Universe Boulevard P.O. Box 14000 Juno Beach, FL 33408-0420 Additional Distribution via Listserv
 
G. S1. Pierre                                       -2 If you have any questions regarding this letter, please contact me at 301-415-3079.
Sincerely, IRAJ Karl Feintuch, Project Manager Plant Licensing Branch 111-1 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-331 cc:
Mr. Christopher R. Costanzo Vice President Duane Arnold Energy Center 3277 DAEC Road Palo, IA 52324-9785 Mr. Larry Nicholson Director of Licensing Florida Power & Light Company 700 Universe Boulevard P.O. Box 14000 Juno Beach, FL 33408-0420 Additional Distribution via Listserv DISTRIBUTION:
PUBLIC             LPL3-1 r/f           RidsNrrDorlDpr Resource         RidsNrrDorlLpl3-1 Resource RidsAcrsAcnw_MailCTR Resource           RidsNrrLABTully Resource         RidsOgcRp Resource RidsNrrDirsltsb Resource               RidsRgn3MailCenter Resource     ASimmons, NRR RidsNrrPMDuaneArnold Resource           MDusaniwskyj, NRR ADAMS ACCESSION NO.: ML101620393 NRRlLPL3-11     NRRlLPL3-11 OFFICE                                          NRRlPFAB/BC       OGC *NLO         NRRlLPL3-11 BC PM              LA BTuily            CRegan NAME         KFeintuch                                             SUUal            RPascarelli fTHarris for       /BRichter for DATE         08/09/10       08/10/10           08/11/10           08/13/10         08/22/10 OFFICIAL RECORD COPY}}

Latest revision as of 18:09, 13 November 2019

Notice of Termination of Parent Company Guaranty and 2010 Status of Decommissioning Funding Assurance for Duane Arnold Energy Center
ML101620393
Person / Time
Site: Duane Arnold NextEra Energy icon.png
Issue date: 08/22/2010
From: Feintuch K
Plant Licensing Branch III
To: St.Pierre G
FPL Group Capital
Feintuch K, NRR/DORL/LPL3-1, 415-3079
References
TAC ME3780
Download: ML101620393 (3)
v • d • e


Text

UNITED STATES NUCLEAR REGULATORY COMMISSION WASHINGTON, D.C. 20555-0001 August 22, 2010 Mr. Gene St. Pierre Vice President, Fleet Support FPL Group, Inc.

P.O. Box 14000 Juno Beach, FL 33408-0420 SUB..IECT: DUANE ARNOLD ENERGY CENTER - NOTICE OF TERMINATION OF PARENT COMPANY GUARANTY AND 2010 STATUS OF DECOMMISSIONING FUNDING ASSURANCE (TAC NO. ME3780)

Dear Mr. St. Pierre:

The Nuclear Regulatory Commission (NRC) is in receipt of your Notice of Termination of Decommissioning Parent [Company] Guaranty, dated April 7, 2010, Agencywide Documents Access and Management System (ADAMS) Accession No. ML101040713. In it, FPL Group requested that that its Parent Company Guaranty (PCG) for the Duane Arnold Energy Center (DAEC) be terminated, because current financial assurance for DAEC is sufficient without further reliance upon a $93,000,000 Parent Company Guaranty.

NextEra Energy Duane Arnold, LLC submitted a [2010 Annual] Decommissioning Funding Status Report in a letter dated March 25, 2010 (ADAMS Accession No. ML100970069), as supplemented by a letter from Florida Power & Light Company dated May 25, 2010 (ADAMS Accession No. ML101470054).

The NRC staff has reviewed the letters of March 25, April 7, and May 25,2010, and finds no objection to the cancellation of the PCG at the end of the 120 day notice period specified in Appendix A to Title 10 of the Code of Federal Regulations Part 30. The March 25, 2010, submittal included a revised site-specific cost estimate using SAFSTOR which demonstrated that the PCG is no longer necessary to provide decommissioning funding assurance.

However, changing economic environments, along with NRC staff reviews of future Decommissioning Funding Assurance Reports, may require the reintroduction of a FPL Group Parent Company Guaranty for Duane Arnold Energy Center, or another method provided in the regulations.

G. St. Pierre -2 If you have any questions regarding this letter, please contact me at 301-415-3079.

Sincerely, Karl Feintuch, Project Manager Plant Licensing Branch 111-1 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-331 cc:

Mr. Christopher R. Costanzo Vice President Duane Arnold Energy Center 3277 DAEC Road Palo, IA 52324-9785 Mr. Larry Nicholson Director of Licensing Florida Power & Light Company 700 Universe Boulevard P.O. Box 14000 Juno Beach, FL 33408-0420 Additional Distribution via Listserv

G. S1. Pierre -2 If you have any questions regarding this letter, please contact me at 301-415-3079.

Sincerely, IRAJ Karl Feintuch, Project Manager Plant Licensing Branch 111-1 Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation Docket No. 50-331 cc:

Mr. Christopher R. Costanzo Vice President Duane Arnold Energy Center 3277 DAEC Road Palo, IA 52324-9785 Mr. Larry Nicholson Director of Licensing Florida Power & Light Company 700 Universe Boulevard P.O. Box 14000 Juno Beach, FL 33408-0420 Additional Distribution via Listserv DISTRIBUTION:

PUBLIC LPL3-1 r/f RidsNrrDorlDpr Resource RidsNrrDorlLpl3-1 Resource RidsAcrsAcnw_MailCTR Resource RidsNrrLABTully Resource RidsOgcRp Resource RidsNrrDirsltsb Resource RidsRgn3MailCenter Resource ASimmons, NRR RidsNrrPMDuaneArnold Resource MDusaniwskyj, NRR ADAMS ACCESSION NO.: ML101620393 NRRlLPL3-11 NRRlLPL3-11 OFFICE NRRlPFAB/BC OGC *NLO NRRlLPL3-11 BC PM LA BTuily CRegan NAME KFeintuch SUUal RPascarelli fTHarris for /BRichter for DATE 08/09/10 08/10/10 08/11/10 08/13/10 08/22/10 OFFICIAL RECORD COPY

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