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| number = ML080910094
| number = ML080910094
| issue date = 03/28/2008
| issue date = 03/28/2008
| title = Millstone, Unit 1, Decommissioning Funding Status Report
| title = Decommissioning Funding Status Report
| author name = Hartz L N
| author name = Hartz L
| author affiliation = Dominion Nuclear Connecticut, Inc
| author affiliation = Dominion Nuclear Connecticut, Inc
| addressee name =  
| addressee name =  
Line 17: Line 17:
=Text=
=Text=
{{#Wiki_filter:Dominion Nuclear Connecticut, Inc.
{{#Wiki_filter:Dominion Nuclear Connecticut, Inc.
Dominion Boulevard, Glen Allen, Virginia 2,060\X'cb Address: www.dom.com March 28, 2008Attn:DocumentControlDesk U.S.NuclearRegulatoryCommissionWashington,DC20555-0001 DOMINION NUCLEAR CONNECTICUT, INC.MILLSTONEPOWERSTATIONUNIT1 DECOMMISSIONINGFUNDINGSTATUSREPORTSerialNo.NLOSfTJSDocketNo.LicenseNo.
~()()() Dominion Boulevard, Glen Allen, Virginia 2,060
08-0117Rev0 50-245 DPR-21Pursuantto10CFR50.75(f)(1),DominionNuclearConnecticut,Inc.(DNC) submits theattachedinformationonthestatusofdecommissioningfundingforMillstonePowerStation(MPS)Unit1.Therehavebeennomaterialchangestothetrust agreementsestablishedforNucleardecommissioningofMPSUnit1sincethelastsubmittal(letterSerialNo.07-0174datedMarch29,2007).DNCletterSerialNo.05-318,dated October21,2005,notifiedNRCofdisbursementsfortheannualcostsfor decommissioningactivitiesandmaintainingMPSUnit1inmodifiedSAFSTORof approximately fourmilliondollarsperyear(in2004dollars)subjectto4.5percentannualescalationovertheperiod 2005through2010.TheattachedMPSUnit1 decommissioning fundingstatusremainsconsistentwiththeseprojecteddisbursementsandcontinuestoshowadequatefundsavailabletocompletedecommissioningactivitiesplanned.Shouldyouhaveanyquestionsregardingthissubmittal,pleasecontactMr.David A.Sommersat(804)273-2823.
\\X'cb Address: www.dom.com March 28, 2008 Attn: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555-0001 DOMINION NUCLEAR CONNECTICUT, INC.
Sincerely, A7/0d--LeslieN.HartzU Vice President-NuclearSupportServices Attachment Commitmentsmadebythisletter:None cc:U.S.Nuclear Regulatory CommissionRegionI 475 Allendale RoadKingofPrussia,PA 19406-1415 Mr.J.B.HickmanNRCProjectManager,MPS-1U.S.Nuclear Regulatory Commission Two VVhiteFlintNorthMailStopTWFN08F5 1154!5RockvillePikeRockville,MD 20852-2738 NRC Senior Resident Inspector Millstone Power StationSerialNo.08-0117MPSU1FundingStatusPage2of2 Attachment NUCLEAR DECOMMISSIONING FUNDING STATUS REPORT Millstone Power Station Unit 1 Dominion Nuclear Connecticut, Inc.
MILLSTONE POWER STATION UNIT 1 DECOMMISSIONING FUNDING STATUS REPORT Serial No.
SerialNo.08-0117 DocketNo.50-245Page1of2 DecommissioningFundingStatusReportfor MillstoneUnit1 Updated Decommissioning Funding Worksheetasof 12/31/2007
NLOSfTJS Docket No.
$484,031,242Decommissioningcostestimate(in1999dollars)
License No.
$674,758,891Decommissioningcostestimate(in2007dollars)Unit1QualifiedFundBalanceasof 12/31/2007Unit1Non-QualifiedFundBalanceasof 12/31/2007Unit1GuaranteeAmountTotaFundBalancesasof 12/31/2007 MillstoneUnit1 Decommissioning Expenditures
08-0117 Rev 0 50-245 DPR-21 Pursuant to 10 CFR 50.75(f)(1), Dominion Nuclear Connecticut, Inc. (DNC) submits the attached information on the status of decommissioning funding for Millstone Power Station (MPS) Unit 1. There have been no material changes to the trust agreements established for Nuclear decommissioning of MPS Unit 1 since the last submittal (letter Serial No. 07-0174 dated March 29, 2007). DNC letter Serial No. 05-318, dated October 21, 2005, notified NRC of disbursements for the annual costs for decommissioning activities and maintaining MPS Unit 1 in modified SAFSTOR of approximately four million dollars per year (in 2004 dollars) subject to 4.5 percent annual escalation over the period 2005 through 2010. The attached MPS Unit 1 decommissioning funding status remains consistent with these projected disbursements and continues to show adequate funds available to complete decommissioning activities planned.
$316,657,311
Should you have any questions regarding this submittal, please contact Mr. David A. Sommers at (804) 273-2823.
$$$316,657,311
Sincerely, A7/0d-
$619,099,963EstimatedRemainingDecommissioningCosts(2008-2057)(in 12/31/2007 dollars)$2,804,273AnnualmonitoringcostduringSAFSTOR(in 12/31/2007 dollars)$1,726,405AnnualDecommissioningActivities(2008-2010)(in 12/31/2007 dollars)4.24%6.24%EscalationRateAfterTaxEarnings-LongTerm(assumes2%RROR)  
- Leslie N. HartzU Vice President - Nuclear Support Services Attachment Commitments made by this letter: None
.--.---.-I---._-..-1--...-_.-ProjectedUnit1 ProjectedBeginningofYearProjectedExpendituresEndofYear Year Balance EarningsEscalatedBalance$316,657,311$
 
19,612,066
cc:
$4,722,779$331,546,5982009$
U. S. Nuclear Regulatory Commission Region I 475 Allendale Road King of Prussia, PA 19406-1415 Mr. J. B. Hickman NRC Project Manager, MPS-1 U. S. Nuclear Regulatory Commission Two VVhite Flint North Mail Stop TWFN 08 F5 1154!5 Rockville Pike Rockville, MD 20852-2738 NRC Senior Resident Inspector Millstone Power Station Serial No. 08-0117 MPS U1 Funding Status Page 2 of 2
$
 
$4,923,025$_347,158,4832010$
Attachment NUCLEAR DECOMMISSIONING FUNDING STATUS REPORT Millstone Power Station Unit 1 Dominion Nuclear Connecticut, Inc.
$.5,131,761$
 
363,529,3002011$363,529,300
Serial No. 08-0117 Docket No. 50-245 Page 1 of 2 Decommissioning Funding Status Report for Millstone Unit 1 Updated Decommissioning Funding Worksheet as of 12/31/2007 484,031,242 Decommissioning cost estimate (in 1999 dollars) 674,758,891 Decommissioning cost estimate (in 2007 dollars)
$22280,925$
Unit 1 Qualified Fund Balance as of 12/31/2007 Unit 1 Non-Qualified Fund Balance as of 12/31/2007 Unit 1 Guarantee Amount Tota Fund Balances as of 12/31/2007 Millstone Unit 1 Decommissioning Expenditures 316,657,311 316,657,311 619,099,963 Estimated Remaining Decommissioning Costs (2008-2057) (in 12/31/2007 dollars) 2,804,273 Annual monitoring cost during SAFSTOR (in 12/31/2007 dollars) 1,726,405 Annual Decommissioning Activities (2008 - 2010) (in 12/31/2007 dollars) 4.24%
$2012$_382,799,234-L 23,778,694$_3,460,833$403,117,0962013$403,117,096
6.24%
$__25,042,258
Escalation Rate After Tax Earnings - Long Term (assumes 2% RROR)
$3,597,715$
 
$26,375,638
.--.---.- I---._-
$3,750,259$447,187,0182015$447,187,018.$27,782,501
..-1--... -_.-
$._3,909,270$4-71,os<f2492016$471,060,249
Projected Unit 1 Projected Beginning of Year Projected Expenditures End of Year Year Balance Earnings Escalated Balance 2~08 316,657,311 19,612,066 4,722,779 331,546,598 2009 331,546,~8- $
$29 J266,671$4,086,187$....2017$__
~O,534,909 4,923,025 347,158,483 2010 347,15~~,483
$30,832,890
$_~._21,502,578 $. 5,131,761 363,529,300 2011 363,529,300 22280,925 3,~10,991 3~2,I&sect;9~
$
2012
$522,825,819 20.1i!c!-522,825,81B
_382,799,234-L 23,778,694 3,460,833 403,117,096 2013 403,117,096
$32,486,180
$__ 25,042,258 3,597,715 424,561,&sect;;3~
$4,427,910$550,884,0892019$550,884,089
2~14_ L~Ji61,6~~ $
$34,231,159
26,375,638 3,750,259 447,187,018 2015 447,187,018. $
$..04,615,654
27,782,501 3,909,270 4-71,os<f249 2016 471,060,249 29J266,671 4,086,187
$.
$.... 49?,.2.04Q,~1.
2020
2017
$36,072,649
__ 4!36,240,73.~
$4,824,539$
30,832,890 4,247,.~g~_ $
611,747,704.lQ21.$
522,825,819 20.1i!c!-
$38,016,578
522,825,81B $
$
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_$__2022$644,748,923
..04,615,654
$40,069,219
. &sect;~g,-+/-99,594 2020
$5,228,010$_679,590,1312023$679,590,131$$_.5,449,678
$-:5_80,499,~.04 36,072,649 4,824,539$
$J16,376,8472024$716,376,847
611,747,704
$.44,524,190
.lQ21. $
$5,696,308$2025$$46,940,021$
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6,172,684$
2022 644,748,923 40,069,219 5,228,010 679,590,131 2023 679,590,131 42,~36,394
2JJll...!..-_839,542,196$52,186,680
_.5,449,678
$..6,434,406$._885,294,4692028$
$J16,376,847 2024 716,376,847 $.
$55,032,536
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$.6,725,601$
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$
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_ 885,294,469 2028 8~5,294,469 55,032,536
$64,.570,0517,597,069.
. 6,725,601 933,601,405
$1,095,547,9.?}2032$1,09&sect;,547,983.
-.?..Q?9 933,E>Q.~ $
$68,114,439$7,940,881$
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~
$8)54,958$1,219,326,052*1,219,326,052$75,817,471$
984,648,383
8,604,968$1,286,538,5542035$1,286,538,554
.lQ30_. ~
$---80,000,147
981.6i8_,3_a~ $
$8,969,819*
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$~
$84,419,775
7,597,069. $
$9,375,756$2037$1,432,612,902
1,095,547,9.?}
$89,090,952
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$9,746,585$2038$1,511,957,268
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. 147.$10,159,840
$8)54,958 1,219,326,052*
$1,595,826,575 2.939$99,249,151$
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~..
$1,684,485,1082040$1,684,485,108
1,219,326,052 75,817,471 8,604,968 1,286,538,554 2035 1,286,538,554
$..104,766,490
$---80,000,147 8,969,819* -~357,568,883 l-2036 1,3.57.&sect;68,88I $
$11,069,905
84,419,775 9,375,756
$1,778,181]93 2041$1,778,181,693*
*1,432,612,~?.
$110,599,496$11,507,741$
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$116,767,598
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~~9~,-826,57~ $
$123,289,498
99,249,151 10,590,617 1,684,485,108 2040 1,684,485,108
$12,504,286
.. 104,766,490 11,069,905 1,778,181]93 2041
$2,092,830,589
$1,778,181,693*
...1..__13,070,178 s__2,209,rj.__?,209,945,?49
110,599,496 11,507,741 1,877,273,448
$13,587,129
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. _...:....:...=-=-=.::.o..cc'-=-I---"-__
$145,189,398
-.?JJ<t.?
$14,163,223
1,8?Z~73,448 116,767,598 11,995,669
$2,464,860,961
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$14,763,744
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$137,476,665~$
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-.?.f.<1!
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$2,484,338,1082C50$2,484,338,108$132,959,242$
-2~~443,912
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$--155,686,917 332,662,917 2,484,338,108 2C50 2,484,338,108 132,959,242 707,162,044 1,910,135,300
633,813,8802C53$633,813,880
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$33,803,622$184,178,351$
92,666,49~
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2061 Esltimated Funds at end of Decom (in 12131/2007 $)
7,399,304}}

Latest revision as of 18:26, 14 January 2025

Decommissioning Funding Status Report
ML080910094
Person / Time
Site: Millstone 
Issue date: 03/28/2008
From: Hartz L
Dominion Nuclear Connecticut
To:
Document Control Desk, Office of Nuclear Reactor Regulation
References
08-0117
Download: ML080910094 (5)
v • d • e


Text

Dominion Nuclear Connecticut, Inc.

~()()() Dominion Boulevard, Glen Allen, Virginia 2,060

\\X'cb Address: www.dom.com March 28, 2008 Attn: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555-0001 DOMINION NUCLEAR CONNECTICUT, INC.

MILLSTONE POWER STATION UNIT 1 DECOMMISSIONING FUNDING STATUS REPORT Serial No.

NLOSfTJS Docket No.

License No.

08-0117 Rev 0 50-245 DPR-21 Pursuant to 10 CFR 50.75(f)(1), Dominion Nuclear Connecticut, Inc. (DNC) submits the attached information on the status of decommissioning funding for Millstone Power Station (MPS) Unit 1. There have been no material changes to the trust agreements established for Nuclear decommissioning of MPS Unit 1 since the last submittal (letter Serial No. 07-0174 dated March 29, 2007). DNC letter Serial No.05-318, dated October 21, 2005, notified NRC of disbursements for the annual costs for decommissioning activities and maintaining MPS Unit 1 in modified SAFSTOR of approximately four million dollars per year (in 2004 dollars) subject to 4.5 percent annual escalation over the period 2005 through 2010. The attached MPS Unit 1 decommissioning funding status remains consistent with these projected disbursements and continues to show adequate funds available to complete decommissioning activities planned.

Should you have any questions regarding this submittal, please contact Mr. David A. Sommers at (804) 273-2823.

Sincerely, A7/0d-

- Leslie N. HartzU Vice President - Nuclear Support Services Attachment Commitments made by this letter: None

cc:

U. S. Nuclear Regulatory Commission Region I 475 Allendale Road King of Prussia, PA 19406-1415 Mr. J. B. Hickman NRC Project Manager, MPS-1 U. S. Nuclear Regulatory Commission Two VVhite Flint North Mail Stop TWFN 08 F5 1154!5 Rockville Pike Rockville, MD 20852-2738 NRC Senior Resident Inspector Millstone Power Station Serial No. 08-0117 MPS U1 Funding Status Page 2 of 2

Attachment NUCLEAR DECOMMISSIONING FUNDING STATUS REPORT Millstone Power Station Unit 1 Dominion Nuclear Connecticut, Inc.

Serial No. 08-0117 Docket No. 50-245 Page 1 of 2 Decommissioning Funding Status Report for Millstone Unit 1 Updated Decommissioning Funding Worksheet as of 12/31/2007 484,031,242 Decommissioning cost estimate (in 1999 dollars) 674,758,891 Decommissioning cost estimate (in 2007 dollars)

Unit 1 Qualified Fund Balance as of 12/31/2007 Unit 1 Non-Qualified Fund Balance as of 12/31/2007 Unit 1 Guarantee Amount Tota Fund Balances as of 12/31/2007 Millstone Unit 1 Decommissioning Expenditures 316,657,311 316,657,311 619,099,963 Estimated Remaining Decommissioning Costs (2008-2057) (in 12/31/2007 dollars) 2,804,273 Annual monitoring cost during SAFSTOR (in 12/31/2007 dollars) 1,726,405 Annual Decommissioning Activities (2008 - 2010) (in 12/31/2007 dollars) 4.24%

6.24%

Escalation Rate After Tax Earnings - Long Term (assumes 2% RROR)

.--.---.- I---._-

..-1--... -_.-

Projected Unit 1 Projected Beginning of Year Projected Expenditures End of Year Year Balance Earnings Escalated Balance 2~08 316,657,311 19,612,066 4,722,779 331,546,598 2009 331,546,~8- $

~O,534,909 4,923,025 347,158,483 2010 347,15~~,483

$_~._21,502,578 $. 5,131,761 363,529,300 2011 363,529,300 22280,925 3,~10,991 3~2,I§9~

2012

_382,799,234-L 23,778,694 3,460,833 403,117,096 2013 403,117,096

$__ 25,042,258 3,597,715 424,561,§;3~

2~14_ L~Ji61,6~~ $

26,375,638 3,750,259 447,187,018 2015 447,187,018. $

27,782,501 3,909,270 4-71,os<f249 2016 471,060,249 29J266,671 4,086,187

$.... 49?,.2.04Q,~1.

2017

__ 4!36,240,73.~

30,832,890 4,247,.~g~_ $

522,825,819 20.1i!c!-

522,825,81B $

32,486,180 4,427,910 550,884,089 2019 550,884,089 34,231,159

..04,615,654

. §~g,-+/-99,594 2020

$-:5_80,499,~.04 36,072,649 4,824,539$

611,747,704

.lQ21. $

611,7<tZ~Z.9_+/-- $

38,016,578 5,015,~_~ _$__64.04,748,!3~

2022 644,748,923 40,069,219 5,228,010 679,590,131 2023 679,590,131 42,~36,394

_.5,449,678

$J16,376,847 2024 716,376,847 $.

44,524,190 5,696,308 Z55,?0.04,7~Q.

2025 755-,20~i30 $

46,940,021 5,921,608 796,223,143.

2026 796,223,143$-- 49,.491,736 6,172,684 839,542,1!3~

2JJll...!..-_839,542,196 52,186,680

.. 6,434,406

_ 885,294,469 2028 8~5,294,469 55,032,536

. 6,725,601 933,601,405

-.?..Q?9 933,E>Q.~ $

58,038,589 6,991,611

~

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.lQ30_. ~

981.6i8_,3_a~ $

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$~

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1,095,547,9.?}

2032 1,09§,547,983. $

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$8)54,958 1,219,326,052*

20~

~..

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$---80,000,147 8,969,819* -~357,568,883 l-2036 1,3.57.§68,88I $

84,419,775 9,375,756

  • 1,432,612,~?.

2037 1,432,612,902 89,090,952 9,746,585 1,511~!35Z~

2038 1,511,957,268. ~

~94,029,147.

10,159,840 1,595,826,575 2.939

~~9~,-826,57~ $

99,249,151 10,590,617 1,684,485,108 2040 1,684,485,108

.. 104,766,490 11,069,905 1,778,181]93 2041

$1,778,181,693*

110,599,496 11,507,741 1,877,273,448

~-- f--'-.

. _...:....:...=-=-=.::.o..cc'-=-I---"-__

-.?JJ<t.?

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$~?,~~

~43.$

1,98~?,045,377_ $

123,289,498 12,504,286 2,092,830,589

~44~_~.?,8~Q,58~ $._~1~_4,839...1..__

13,070,178 s __2,209,rj..045,?<t~

?~.04~ ~__ ?,209,945,?49

$137,476,665~$

13,587,129 2,333,834,786 2046 2,333,834,786 145,189,398 14,163,223 2,464,860,961

-.?.f.<1!

2:464]66,961 153,346,695 14,763,744

-2~~443,912

_2C48 $

2,E)03,443,912 -$-- 159,290,584 101,420,388 2,661,314,107

.1.C49 2,661,314,107

$--155,686,917 332,662,917 2,484,338,108 2C50 2,484,338,108 132,959,242 707,162,044 1,910,135,300

_2c:~=:L""::1,910,f35,3()6 $

92,666,49~

850,190,630-T1T52,6L1JlI 2.fgc1-1,152,611....!Z?. s..~Q50,099 572,847,391 633,813,880 2C53 633,813,880 33,803,622 184,178,351 483,439,150 2cE"$*

-483,439,150 $..

24,476,011 182,390,775 325,524,386

-2C~ $.. _

325,52~~~

$ __J7,236,236_J~_98,605,295-T--24Ll!f55.327 2~~Jl..

244,~155,327 J1,73~,~J~38,682 $143..~50,~

~57 Jl--143,650,091_

..~

2C~

~..c;?!3 e-1--

2060 f---.-

2061 Esltimated Funds at end of Decom (in 12131/2007 $)

7,399,304

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