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 Signature: Michael Purdie and Jo Ann Simpson Date: 07/26/2011 Signature: Aaron L. Szabo Date: 8/22/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1

2

% Owned:

Category:

100.00%

1 3

4 5.50%

3.00%

2.50%

N N

Y Y

N Y

5 6

Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 Plant name:

Cooper Nuclear Station 50-298 RAI Needed (Y/N)

PUC Verified (Y/N)

None Docket Number:

Did the licensee identify the amount of estimated radiological funds? (Y/N)

The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c):

Escalation Rate Allowed through Decom (Y/N)

Rate(s) of Other Factors

$484,130,065 Real Rate of Return PUC Verified (Y/N)

Y

$574,906,000 The total amount of dollars accumulated at the end of the appropriate year: (see below)

Nebraska Public Power District Licensee:

$484,130,065 Amount in Trust Fund:

N Any material changes to trust agreements? (Y/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)

N Post-RAI Rates Determined (Y/N)

Total Trust Fund Balance N

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)

Any contracts upon which the licensee is relying? (Y/N)

Schedule of the annual amounts remaining to be collected: (provided/none)

Rate of Return on Earnings Allowed through Decom (Y/N)

Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 07/26/2011 Signature: Aaron L. Szabo Date: 8/22/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 1

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

% Owned:

Category 100.00%

1 2%

23.05 2%

2%

2%

7

$820,954,843 NO Shortfall:

YES Does Licensee Pass:

Does Licensee Pass:

YES Total of Steps 1 thru 3:

Number of Annual Payments:

Accumulation:

Step 2:

Earnings Credit:

$484,130,065 Decom Period:

$0 Total Annuity Real Rate of Return per year Total Fund Balance:

$484,130,065 Total Step 1 + Step 2

$764,146,059

$56,808,783 Total Earnings for Decom:

Decom Period:

Total Earnings:

Real Rate of Return per year Latest Month Px Amount of NRC Minimum/Site Specific:

BWR/PWR MWth Nebraska Public Power District Total Annuity:

Step 3:

$484,130,065 Amount in Trust Fund:

$0 Total Earnings:

$764,146,059 Real Rate of Return per year Fx Site Specific:

$574,906,000 Total Step 2:

Years Left in License 23.05 Real Rate of Return per year Does Licensee Pass:

YES

$0

$764,146,059 Years remaining after annuity Px 50-298 18 31 Termination of Operations:

2034 1986$

Day Base Fx Plant name:

Value of Annuity per year (amount/See Annuity Sheet)

Licensee:

$574,906,000 NRC Minimum:

$573,962,092 Trust Fund Balance:

Step 1:

Bx Ex Lx ECI Base Lx Base Px 2010 Year:

Cooper Nuclear Station Docket Number:

Date of Operation:

Latest Month Fx

Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 07/26/2011 Signature: Aaron L. Szabo Date: 8/22/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 1

50-298 18 31 Termination of Operations:

2034 Day Plant name:

2010 Year:

Cooper Nuclear Station Docket Number:

Date of Operation:

2.50%

23.05 2.50%

2.50%

2.50%

7 Real Rate of Return per year Accumulation:

Value of Annuity per year

$484,130,065 Total Annuity:

Number of Annual Payments:

Step 5:

Real Rate of Return per year Total Earnings:

$855,308,262 YES If licensee is granted greater than 2% RRR YES

$80,692,242 Total Step 5 Total of Steps 4 thru 6:

$936,000,504 Does Licensee Pass:

Total Earnings:

23.05 0

$855,308,262

$0

$0 Decom Period:

Step 6:

$855,308,262

$0 Does Licensee Pass:

Real Rate of Return per year YES Total Step 4 + Step 5 Total Earnings for Decom:

Decom Period:

Total Annuity Does Licensee Pass:

Trust Fund Balance:

Years Left in License Shortfall:

NO Real Rate of Return per year Years remaining after annuity

$0 Earnings Credit:

Step 4:

Signature: Michael Purdie and Jo Ann Simpson Date: 07/26/2011 Signature: Aaron L. Szabo Date: 8/22/2011 1

18 2034 2.50%

(Operating Plant Spent Fuel 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 End of Year Trust Fund Balance Expense Per Year DECON ANALYSIS Name of Licensee:

Operations Termination Date:

Real Rate of Return:

Nebraska Public Power District End of Operations Balance:

$855,308,262 Name of Unit:

Cooper Nuclear Station Beginning Trust Fund Balance Year Real Rate of Return