|
|
| (4 intermediate revisions by the same user not shown) |
| Line 2: |
Line 2: |
| | number = ML15092A115 | | | number = ML15092A115 |
| | issue date = 03/30/2015 | | | issue date = 03/30/2015 |
| | title = North Anna, Units 1 and 2, Submittal of Decommissioning Funding Status Report | | | title = Submittal of Decommissioning Funding Status Report |
| | author name = Brickhouse T T | | | author name = Brickhouse T |
| | author affiliation = Old Dominion Electric Cooperative | | | author affiliation = Old Dominion Electric Cooperative |
| | addressee name = | | | addressee name = |
| Line 15: |
Line 15: |
|
| |
|
| =Text= | | =Text= |
| {{#Wiki_filter:ODECOld DominionElectric Cooperative 5MMarch 30, 2015United States Nuclear Regulatory Commission Attention: | | {{#Wiki_filter:Old Dominion ODEC Electric Cooperative 5M March 30, 2015 United States Nuclear Regulatory Commission Attention: Document Control Desk Washington, D. C. 20555-0001 License Nos. NPF-4,7 OLD DOMINION ELECTRIC COOPERATIVE NORTH ANNA POWER STATION UNITS 1 AND 2 DECOMMISSIONING FUNDING STATUS REPORT Pursuant to 10 CFR 50.75(f)(1), Old Dominion Electric Cooperative (ODEC), is providing this report on the status of decommissioning funding for the North Anna Power Station (NAPS). provides the following information for NAPS: |
| Document Control DeskWashington, D. C. 20555-0001 License Nos. NPF-4,7OLD DOMINION ELECTRIC COOPERATIVE NORTH ANNA POWER STATION UNITS 1 AND 2DECOMMISSIONING FUNDING STATUS REPORTPursuant to 10 CFR 50.75(f)(1), | | NRC Minimum Financial Assurance Amount as of 12/31/2014 The following information is provided in support and as part of this filing: |
| Old Dominion Electric Cooperative (ODEC), is providing this reporton the status of decommissioning funding for the North Anna Power Station (NAPS).Attachment 1 provides the following information for NAPS:NRC Minimum Financial Assurance Amount as of 12/31/2014 The following information is provided in support and as part of this filing:1. Preliminary December 2014 Bureau of Labor Statistics indices values are used because thefinal December 2014 indices values were not available at the time of this filing.2. The escalation of decommissioning costs is held at 0% based on assuming 2% Real Rate of.. .Return-.3. The growth rate on Trust Funds is held at the allowed 2% Real Rate of Return over theescalation rate.4. No rate regulatory authority citation for NAPS is referenced because the 2% Real Rate ofReturn allowed by 50.75(e)(1)(ii) is used in the calculations. | | : 1. Preliminary December 2014 Bureau of Labor Statistics indices values are used because the final December 2014 indices values were not available at the time of this filing. |
| : 5. The current annual funding amounts shown for NAPS (Attachment | | : 2. The escalation of decommissioning costs is held at 0% based on assuming 2% Real Rate of |
| : 1) reflect only those fundamounts that are dedicated to radiological decommissioning.
| | .. . Return-. |
| : 6. Trust Fund amounts shown for each of the units in this report are market value and after-tax onrealized gains and losses. The Trust Fund balances have not been adjusted for unrealized gain or loss positions not currently taxable.AoD(4201 Dominion Boulevard Glen Allen, Virginia 23060*-%804-747-0592 JQ,804-747-3742 (a www.odec.com | | : 3. The growth rate on Trust Funds is held at the allowed 2% Real Rate of Return over the escalation rate. |
| : 7. Since the previous biennial submittal on March 27, 2013 (ML13091A004) for NAPS, therehave been no material changes to trust agreements established for nuclear decommissioning for the NAPS units.If you have any questions concerning this filing, please contact me at (804) 968-4012. | | : 4. No rate regulatory authority citation for NAPS is referenced because the 2% Real Rate of Return allowed by 50.75(e)(1)(ii) is used in the calculations. |
| Sincerely, Todd T. Brickhouse Vice President | | : 5. The current annual funding amounts shown for NAPS (Attachment 1) reflect only those fund amounts that are dedicated to radiological decommissioning. |
| -Treasurer Old Dominion Electric Cooperative Attachment Commitments made in this letter: Nonecc: U. S. Nuclear Regulatory Commission Region IIMarquis One Tower245 Peachtree Center Avenue, NESuite 1200Atlanta, Georgia 30303-1257 Greg KolcumNRC Senior Resident Inspector North Anna Power Station1024 Haley DriveMineral, VA 23117Dr. V. Sreenivas NRC Project ManagerU. S. Nuclear Regulatory Commission, Mail Stop 08 G-9AOne White Flint North11555 Rockville PikeRockville, MD 20852-2738 9 4201 Dominion Boulevard | | : 6. Trust Fund amounts shown for each of the units in this report are market value and after-tax on realized gains and losses. The Trust Fund balances have not been adjusted for unrealized gain or loss positions not currently taxable. |
| %:1 804-747-0592 Jli 804-747-3742 | | 4201 Dominion Boulevard *-%804-747-0592 JQ,804-747-3742 (a www.odec.com AoD( |
| @ www.odec.com Glen Allen, Virginia 23060 IMs. K. CottonNRC Project ManagerU. S. Nuclear Regulatory Commission, Mail Stop 08 G-9AOne White Flint North11555 Rockville PikeRockville, MD 20852-2738 KDavid A. HeacockPresident and Chief Nuclear OfficerVirginia Electric and Power Company120 Tredegar StreetRichmond, VA 23219Richard P. AndersonManagerGeneration FinanceDominion Resources, Inc.120 Tredegar StreetRichmond, VA 23219Frederick D. GerloffDecommissioning Consultant Generation FinanceDominion Resources Inc.120 Tredegar StreetRichmond, Virginia 232194201 Dominion Boulevard Glen Allen, Virginia 23060%1 804-747-0592 JIQ 804-747-3742 | | Glen Allen, Virginia 23060 |
| @ www.odec.com Attachment IOLD DOMINION ELECTRIC COOPERATIVE NORTH ANNA POWER STATION UNITS 1 AND 22014 NUCLEAR DECOMMISSIONING FINANCIAL ASSURANCE In millions of dollars, except percentages and yearsNorth Anna' Unit 1 North Anna' Unit 2 Total For AllNPF-4 NPF-7 UpitsMethod for Providing External ExternalFinancial Assurance Sinking Fund Sinking FundNRC Minimum Financial Assurance Amounts as of 12/31/2014: | | : 7. Since the previous biennial submittal on March 27, 2013 (ML13091A004) for NAPS, there have been no material changes to trust agreements established for nuclear decommissioning for the NAPS units. |
| $ 53.33 $ 53.33 $106.66Funds in the External Trust as of 12/31/2014: | | If you have any questions concerning this filing, please contact me at (804) 968-4012. |
| $ 71.99 $ 73.95 $145.93Allocated Radiological Funds Held in External Trust as of 12/31/2014 2: $ 49.67 $ 51.02 $100.68Allocated Radiological Funds Held in External Trust as of 12/31/14 minusNRC Minimum Amounts as of 12/31/142'3: | | Sincerely, Todd T. Brickhouse Vice President - Treasurer Old Dominion Electric Cooperative Attachment Commitments made in this letter: None cc: U. S. Nuclear Regulatory Commission Region II Marquis One Tower 245 Peachtree Center Avenue, NE Suite 1200 Atlanta, Georgia 30303-1257 Greg Kolcum NRC Senior Resident Inspector North Anna Power Station 1024 Haley Drive Mineral, VA 23117 Dr. V. Sreenivas NRC Project Manager U. S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 9 4201 Dominion Boulevard %:1 804-747-0592 Jli 804-747-3742 @ www.odec.com Glen Allen, Virginia 23060 |
| $ (3.67) $ (2.31)Projected Annual Escalation Factor: 0.000% 0.000%Annual Trust Funds Earnings Rate (After Taxes and Fees -assumes 2%Real Rate of Return): | | |
| 2.000% 2.000%Year Operating Licenses Expire (Reflects License Renewals): | | I Ms. K. Cotton NRC Project Manager U. S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 K David A. Heacock President and Chief Nuclear Officer Virginia Electric and Power Company 120 Tredegar Street Richmond, VA 23219 Richard P. Anderson Manager Generation Finance Dominion Resources, Inc. |
| 2038 2040NRC Minimum Financial Assurance Amounts at Start of Decommissioning: | | 120 Tredegar Street Richmond, VA 23219 Frederick D. Gerloff Decommissioning Consultant Generation Finance Dominion Resources Inc. |
| $ 53.33 $ 53.33 $106.66Estimated Radiological Funds in External Trust at Start ofDecommissioning 2: $ 78.71 $ 84.77 $163.48Allocated Radiological Funds in Excess or (Under) to NRC MinimumFinancial Assurance Amounts at Start of Decommissioning 2'3'4: $ 25.38 $ 31.44 $56.82Estimated Radiological Funds in Excess or (Under) to NRC MinimumAmounts Discounted to 12/31/2014 Using the Annual Decommissioning Earnings Rate: $16.01 $18.92 $34.931 The North Anna Power Station is jointly owned by Virginia Electric and Power Company (88.4%) and Old Dominion Electric Cooperative (11.6%).However, Old Dominion Electric Cooperative is responsible for 10.74% of the decommissioning obligation. | | 120 Tredegar Street Richmond, Virginia 23219 4201 Dominion Boulevard %1 804-747-0592 JIQ 804-747-3742 @ www.odec.com Glen Allen, Virginia 23060 |
| The amounts stated in the above tablesreflect only that portion of the decommissioning obligation attributable to Old Dominion Electric Cooperative. | | |
| 2 The Allocated Radiological Funds amounts shown exclude amounts designated for the future decommissioning of the independent spent fuelstorage installation, spent fuel management, and non-radiological decommissioning.
| | Attachment I OLD DOMINION ELECTRIC COOPERATIVE NORTH ANNA POWER STATION UNITS 1 AND 2 2014 NUCLEAR DECOMMISSIONING FINANCIAL ASSURANCE In millions of dollars, except percentagesand years North Anna' Unit 1 North Anna' Unit 2 Total For All NPF-4 NPF-7 Upits Method for Providing External External Financial Assurance Sinking Fund Sinking Fund NRC Minimum Financial Assurance Amounts as of 12/31/2014: $ 53.33 $ 53.33 $106.66 Funds in the External Trust as of 12/31/2014: $ 71.99 $ 73.95 $145.93 Allocated Radiological Funds Held in External Trust as of 12/31/2014 2: $ 49.67 $ 51.02 $100.68 Allocated Radiological Funds Held in External Trust as of 12/31/14 minus NRC Minimum Amounts as of 12/31/142'3: $ (3.67) $ (2.31) |
| The amount of decommissioning funds is the after-tax amount offunds accumulated through December 31, 2014.3 Negative amounts (if any) indicate that the Trust fund values are less than the values of the NRC Minimum Amounts for the period indicated. | | Projected Annual Escalation Factor: 0.000% 0.000% |
| 4 The future value calculation reflects a 2% real rate of return applied from January 1, 2015 to the start of decommissioning assuming a 0% escalation rate.ODEC serves the power requirements of its 11 member distribution cooperatives pursuant to long-term wholesale power contracts.
| | Annual Trust Funds Earnings Rate (After Taxes and Fees - assumes 2% |
| ODEC'swholesale power contracts with each of its member distribution cooperatives are substantially identical, while the schedules and exhibits to eachcontract are specific to each member. There have been no modifications to the current method of providing financial assurance since the reportsubmitted on March 27, 2013.}} | | Real Rate of Return): 2.000% 2.000% |
| | Year Operating Licenses Expire (Reflects License Renewals): 2038 2040 NRC Minimum Financial Assurance Amounts at Start of Decommissioning: $ 53.33 $ 53.33 $106.66 Estimated Radiological Funds in External Trust at Start of Decommissioning 2: $ 78.71 $ 84.77 $163.48 Allocated Radiological Funds in Excess or (Under) to NRC Minimum Financial Assurance Amounts at Start of Decommissioning 2' 3' 4: $ 25.38 $ 31.44 $56.82 Estimated Radiological Funds in Excess or (Under) to NRC Minimum Amounts Discounted to 12/31/2014 Using the Annual Decommissioning Earnings Rate: $16.01 $18.92 $34.93 1The North Anna Power Station is jointly owned by Virginia Electric and Power Company (88.4%) and Old Dominion Electric Cooperative (11.6%). |
| | However, Old Dominion Electric Cooperative is responsible for 10.74% of the decommissioning obligation. The amounts stated in the above tables reflect only that portion of the decommissioning obligation attributable to Old Dominion Electric Cooperative. |
| | 2The Allocated Radiological Funds amounts shown exclude amounts designated for the future decommissioning of the independent spent fuel storage installation, spent fuel management, and non-radiological decommissioning. The amount of decommissioning funds is the after-tax amount of funds accumulated through December 31, 2014. |
| | 3Negative amounts (ifany) indicate that the Trust fund values are less than the values of the NRC Minimum Amounts for the period indicated. |
| | 4The future value calculation reflects a 2% real rate of return applied from January 1, 2015 to the start of decommissioning assuming a 0% escalation rate. |
| | ODEC serves the power requirements of its 11 member distribution cooperativespursuantto long-term wholesale power contracts. ODEC's wholesale power contracts with each of its member distributioncooperativesare substantiallyidentical, while the schedules and exhibits to each contract are specific to each member. There have been no modifications to the current method of providing financial assurancesince the report submitted on March 27, 2013.}} |
|
|---|
Category:Decommissioning Funding Plan DKTs 30
MONTHYEARML23089A3642023-03-30030 March 2023
Decommissioning Funding Status Report
ML22010A0292021-12-31031 December 2021
Independent Spent Fuel Storage Installations (Isfsls) - 10 CFR 72.30 Decommissioning Funding Plan
ML21354A8462021-12-14014 December 2021
North Ana Power Station Isfsls - 10 CFR 72.30 Decommissioning Funding Plan
ML21091A0982021-03-26026 March 2021
Decommissioning Funding Status Report
ML21085A5532021-03-25025 March 2021
Decommissioning Funding Status Report
ML19092A2692019-03-27027 March 2019
Decommissioning Funding Status Report
ML19092A2952019-03-26026 March 2019
Decommissioning Funding Status Report
ML19003A1462018-12-31031 December 2018
Independent Spent Fuel Storage Installations (Isfsis) - Submittal of 10 CFR 72.30 Decommissioning Funding Plan
ML17094A5222017-03-30030 March 2017
Submittal of Decommissioning Funding Status Report
ML17093A6692017-03-30030 March 2017
2016 Decommissioning Funding Status Report
ML15099A3962015-03-30030 March 2015
Decommissioning Funding Status Report
ML15092A1152015-03-30030 March 2015
Submittal of Decommissioning Funding Status Report
ML15093A1042015-03-26026 March 2015
Decommissioning Funding Status Report
ML13098A0872013-03-28028 March 2013
Decommissioning Funding Status Report
ML13091A0042013-03-27027 March 2013
Decommissioning Financial Assurance
ML12353A0322012-12-13013 December 2012
10 CFR 72.30 Decommissioning Funding Plan
ML1118101552011-06-14014 June 2011
Submittal of Decommissioning Funding Status Report: Response to Request for Addition Information
ML1109003752011-03-29029 March 2011
Decommissioning Funding Status Report
ML1109102402011-03-28028 March 2011
Decommissioning Financial Assurance
ML0909101482009-03-30030 March 2009
Decommissioning Funding Status Report
ML0709300382007-03-29029 March 2007
Decommissioning Funding Status Report
ML0508904182005-03-29029 March 2005
Decommissioning Funding Status Report Notification of Intent to Remove Parent Guarantee
ML0409800272004-03-29029 March 2004
Decommissioning Funding Status Report and Update to Parent Company Guaranty
ML0309906022003-03-31031 March 2003
Decommissioning Funding Status Report and Update to Millstone Unit 1 Parent Guarantee
ML0309304252003-03-28028 March 2003
Decommissioning Financial Assurance, Attachments 1 and 2
ML0309304122003-03-28028 March 2003
Decommissioning Financial Assurance, Exhibit A-1 Through Appendix D
ML0309303672003-03-28028 March 2003
Decommissioning Financial Assurance, Comprehensive Cost of Service Study - Exhibit D
2023-03-30
[Table view]
Category:40
MONTHYEARML23089A3642023-03-30030 March 2023
Decommissioning Funding Status Report
ML22010A0292021-12-31031 December 2021
Independent Spent Fuel Storage Installations (Isfsls) - 10 CFR 72.30 Decommissioning Funding Plan
ML21354A8462021-12-14014 December 2021
North Ana Power Station Isfsls - 10 CFR 72.30 Decommissioning Funding Plan
ML21091A0982021-03-26026 March 2021
Decommissioning Funding Status Report
ML21085A5532021-03-25025 March 2021
Decommissioning Funding Status Report
ML20244A3362020-08-31031 August 2020
Proposed License Amendment Request, Addition of Analytical Methodology to the Core Opera Ting Limits Report for a Full Spectrum Loss of Coolant Accident (Fsloca) Gamma Energy Redistribution Information
ML19092A2692019-03-27027 March 2019
Decommissioning Funding Status Report
ML19092A2952019-03-26026 March 2019
Decommissioning Funding Status Report
ML19003A1462018-12-31031 December 2018
Independent Spent Fuel Storage Installations (Isfsis) - Submittal of 10 CFR 72.30 Decommissioning Funding Plan
ML17094A5222017-03-30030 March 2017
Submittal of Decommissioning Funding Status Report
ML17093A6692017-03-30030 March 2017
2016 Decommissioning Funding Status Report
ML15099A3962015-03-30030 March 2015
Decommissioning Funding Status Report
ML15092A1152015-03-30030 March 2015
Submittal of Decommissioning Funding Status Report
ML15093A1042015-03-26026 March 2015
Decommissioning Funding Status Report
ML14183B3182014-06-30030 June 2014
Proposed License Amendment Request Permanent Fifteen-Year Type a Test Interval
ML13098A0872013-03-28028 March 2013
Decommissioning Funding Status Report
ML13091A0042013-03-27027 March 2013
Decommissioning Financial Assurance
ML12353A0322012-12-13013 December 2012
10 CFR 72.30 Decommissioning Funding Plan
ML1118101552011-06-14014 June 2011
Submittal of Decommissioning Funding Status Report: Response to Request for Addition Information
ML1109003752011-03-29029 March 2011
Decommissioning Funding Status Report
ML1109102402011-03-28028 March 2011
Decommissioning Financial Assurance
ML0909101482009-03-30030 March 2009
Decommissioning Funding Status Report
ML0709300382007-03-29029 March 2007
Decommissioning Funding Status Report
ML0508904182005-03-29029 March 2005
Decommissioning Funding Status Report Notification of Intent to Remove Parent Guarantee
ML0409800272004-03-29029 March 2004
Decommissioning Funding Status Report and Update to Parent Company Guaranty
ML0327904602003-09-30030 September 2003
North Anna Early Site Permit Application, Revision 0, Table of Contents, Administrative Information, Site Safety Analysis Report Through Appendix 2.5.4A. (Non-Proprietary)
ML0309906022003-03-31031 March 2003
Decommissioning Funding Status Report and Update to Millstone Unit 1 Parent Guarantee
ML0309304252003-03-28028 March 2003
Decommissioning Financial Assurance, Attachments 1 and 2
ML0309304122003-03-28028 March 2003
Decommissioning Financial Assurance, Exhibit A-1 Through Appendix D
ML0309303672003-03-28028 March 2003
Decommissioning Financial Assurance, Comprehensive Cost of Service Study - Exhibit D
2023-03-30
[Table view]
Category:50
MONTHYEARML23089A3642023-03-30030 March 2023
Decommissioning Funding Status Report
ML22010A0292021-12-31031 December 2021
Independent Spent Fuel Storage Installations (Isfsls) - 10 CFR 72.30 Decommissioning Funding Plan
ML21354A8462021-12-14014 December 2021
North Ana Power Station Isfsls - 10 CFR 72.30 Decommissioning Funding Plan
ML21091A0982021-03-26026 March 2021
Decommissioning Funding Status Report
ML21085A5532021-03-25025 March 2021
Decommissioning Funding Status Report
ML19092A2692019-03-27027 March 2019
Decommissioning Funding Status Report
ML19092A2952019-03-26026 March 2019
Decommissioning Funding Status Report
ML19003A1462018-12-31031 December 2018
Independent Spent Fuel Storage Installations (Isfsis) - Submittal of 10 CFR 72.30 Decommissioning Funding Plan
ML17094A5222017-03-30030 March 2017
Submittal of Decommissioning Funding Status Report
ML17093A6692017-03-30030 March 2017
2016 Decommissioning Funding Status Report
ML15099A3962015-03-30030 March 2015
Decommissioning Funding Status Report
ML15092A1152015-03-30030 March 2015
Submittal of Decommissioning Funding Status Report
ML15093A1042015-03-26026 March 2015
Decommissioning Funding Status Report
ML13098A0872013-03-28028 March 2013
Decommissioning Funding Status Report
ML13091A0042013-03-27027 March 2013
Decommissioning Financial Assurance
ML12353A0322012-12-13013 December 2012
10 CFR 72.30 Decommissioning Funding Plan
ML1118101552011-06-14014 June 2011
Submittal of Decommissioning Funding Status Report: Response to Request for Addition Information
ML1109003752011-03-29029 March 2011
Decommissioning Funding Status Report
ML1109102402011-03-28028 March 2011
Decommissioning Financial Assurance
ML0909101482009-03-30030 March 2009
Decommissioning Funding Status Report
ML0709300382007-03-29029 March 2007
Decommissioning Funding Status Report
ML0508904182005-03-29029 March 2005
Decommissioning Funding Status Report Notification of Intent to Remove Parent Guarantee
ML0409800272004-03-29029 March 2004
Decommissioning Funding Status Report and Update to Parent Company Guaranty
ML0309906022003-03-31031 March 2003
Decommissioning Funding Status Report and Update to Millstone Unit 1 Parent Guarantee
ML0309304252003-03-28028 March 2003
Decommissioning Financial Assurance, Attachments 1 and 2
ML0309304122003-03-28028 March 2003
Decommissioning Financial Assurance, Exhibit A-1 Through Appendix D
ML0309303672003-03-28028 March 2003
Decommissioning Financial Assurance, Comprehensive Cost of Service Study - Exhibit D
2023-03-30
[Table view]
Category:70
MONTHYEARML23089A3642023-03-30030 March 2023
Decommissioning Funding Status Report
ML22010A0292021-12-31031 December 2021
Independent Spent Fuel Storage Installations (Isfsls) - 10 CFR 72.30 Decommissioning Funding Plan
ML21354A8462021-12-14014 December 2021
North Ana Power Station Isfsls - 10 CFR 72.30 Decommissioning Funding Plan
ML21091A0982021-03-26026 March 2021
Decommissioning Funding Status Report
ML21085A5532021-03-25025 March 2021
Decommissioning Funding Status Report
ML20244A3362020-08-31031 August 2020
Proposed License Amendment Request, Addition of Analytical Methodology to the Core Opera Ting Limits Report for a Full Spectrum Loss of Coolant Accident (Fsloca) Gamma Energy Redistribution Information
ML19092A2692019-03-27027 March 2019
Decommissioning Funding Status Report
ML19092A2952019-03-26026 March 2019
Decommissioning Funding Status Report
ML19003A1462018-12-31031 December 2018
Independent Spent Fuel Storage Installations (Isfsis) - Submittal of 10 CFR 72.30 Decommissioning Funding Plan
ML17094A5222017-03-30030 March 2017
Submittal of Decommissioning Funding Status Report
ML17093A6692017-03-30030 March 2017
2016 Decommissioning Funding Status Report
ML15099A3962015-03-30030 March 2015
Decommissioning Funding Status Report
ML15092A1152015-03-30030 March 2015
Submittal of Decommissioning Funding Status Report
ML15093A1042015-03-26026 March 2015
Decommissioning Funding Status Report
ML14183B3182014-06-30030 June 2014
Proposed License Amendment Request Permanent Fifteen-Year Type a Test Interval
ML13098A0872013-03-28028 March 2013
Decommissioning Funding Status Report
ML13091A0042013-03-27027 March 2013
Decommissioning Financial Assurance
ML12353A0322012-12-13013 December 2012
10 CFR 72.30 Decommissioning Funding Plan
ML1118101552011-06-14014 June 2011
Submittal of Decommissioning Funding Status Report: Response to Request for Addition Information
ML1109003752011-03-29029 March 2011
Decommissioning Funding Status Report
ML1109102402011-03-28028 March 2011
Decommissioning Financial Assurance
ML0909101482009-03-30030 March 2009
Decommissioning Funding Status Report
ML0709300382007-03-29029 March 2007
Decommissioning Funding Status Report
ML0508904182005-03-29029 March 2005
Decommissioning Funding Status Report Notification of Intent to Remove Parent Guarantee
ML0409800272004-03-29029 March 2004
Decommissioning Funding Status Report and Update to Parent Company Guaranty
ML0327904602003-09-30030 September 2003
North Anna Early Site Permit Application, Revision 0, Table of Contents, Administrative Information, Site Safety Analysis Report Through Appendix 2.5.4A. (Non-Proprietary)
ML0309906022003-03-31031 March 2003
Decommissioning Funding Status Report and Update to Millstone Unit 1 Parent Guarantee
ML0309304252003-03-28028 March 2003
Decommissioning Financial Assurance, Attachments 1 and 2
ML0309304122003-03-28028 March 2003
Decommissioning Financial Assurance, Exhibit A-1 Through Appendix D
ML0309303672003-03-28028 March 2003
Decommissioning Financial Assurance, Comprehensive Cost of Service Study - Exhibit D
2023-03-30
[Table view]
Category:Financial Assurance Document
MONTHYEARML22066A4982022-02-24024 February 2022
Nuclear Property Insurance Coverage
ML21294A3472021-10-21021 October 2021
Virginia Electric and Power Company; North Anna Power Station Units 1 and 2; Surry Power Station Units 1 and 2; Changes to Decommissioning Trust Agreements
ML19092A2952019-03-26026 March 2019
Decommissioning Funding Status Report
ML19057A1352019-02-15015 February 2019
Confirmation of Payment
ML19042A0752019-02-0101 February 2019
Confirmation of Payment
ML19029A1452019-01-23023 January 2019
Nuclear Property Insurance Coverage
ML18338A1052018-11-22022 November 2018
Confirmation of Payment
ML18271A0272018-09-21021 September 2018
Confirmation of Payment
ML18240A1352018-08-17017 August 2018
Confirmation of Payment
ML18151A4692018-05-24024 May 2018
Confirmation of Payment
ML18128A1902018-05-0303 May 2018
Confirmation of Payment for 2018
ML18058A7422018-02-21021 February 2018
Confirmation of Payment
ML17130A9132017-05-0404 May 2017
Confirmation of Payment
ML17093A6692017-03-30030 March 2017
2016 Decommissioning Funding Status Report
ML16313A0822016-11-0303 November 2016
Station, Unit 1 and 2, North Anna, Units 1 and 2, Confirmation of Payment
ML16145A0882016-05-13013 May 2016
Confirmation of Payment
ML16130A5672016-05-0303 May 2016
Confirmation of Payment
ML16074A1932016-03-0707 March 2016
ISFSI, Millstone, Units 1, 2 & 3 and ISFSI, North Anna, Units 1 & 2 and ISFSI, Surry, Units 1 & 2 and ISFSI - Submittal of Annual Financial Report and Nuclear Liability Insurance Endorsements
ML16074A1862016-03-0101 March 2016
Certificate of Liability Insurance
ML16054A7962016-02-0505 February 2016
Nuclear Property Insurance Coverage
ML16032A1242016-02-0101 February 2016
Resources, Inc., Certificate of Liability Insurance
ML15289A0612015-09-30030 September 2015
Confirmation of Payment
ML15244B2062015-08-24024 August 2015
Confirmation of Payment
ML15099A3962015-03-30030 March 2015
Decommissioning Funding Status Report
ML15092A1152015-03-30030 March 2015
Submittal of Decommissioning Funding Status Report
ML15093A1042015-03-26026 March 2015
Decommissioning Funding Status Report
ML14216A3512014-07-28028 July 2014
ISFSI, Revision to Nuclear Liability Insurance Endorsements
ML14129A0112014-05-0202 May 2014
Confirmation of Payment
ML14069A3192014-02-24024 February 2014
Confirmation of Payment
ML13281A8012013-09-30030 September 2013
Units 1 & 2 - Confirmation of Payment
ML13149A2312013-05-20020 May 2013
Confirmation of Payment
ML13098A0872013-03-28028 March 2013
Decommissioning Funding Status Report
ML13091A0042013-03-27027 March 2013
Decommissioning Financial Assurance
ML13066A3762013-02-25025 February 2013
Confirmation of Payment
ML12268A0482012-09-13013 September 2012
Confirmation of Payment
ML12255A1992012-09-0505 September 2012
Confirmation of Payment
ML12146A2642012-05-19019 May 2012
Confirmation of Payment
ML12086A0392012-03-20020 March 2012
& ISFSI, Millstone, Units 1, 2 & 3 and ISFSI, North Anna, Units 1 & 2 & ISFSI, Surry, Units 1 & 2 and ISFSI, Submission of Annual Financial Report & Nuclear Nuclear Liability Insurance Endorsements
ML1123701552011-11-14014 November 2011
2010 DFS Report Analysis for North Anna Power Station, Unit 1
ML1123701562011-11-14014 November 2011
2010 DFS Report Analysis for North Anna Power Station, Unit 2
ML1110805412011-04-14014 April 2011
Units, 1 & 2 - Nuclear Liability Insurance Endorsements
ML0909306902009-03-30030 March 2009
Submittal of Decommissioning Financial Assurance
ML0909606412009-03-26026 March 2009
ISFSI, North Anna, Units 1 & 2 and ISFSI, and Surry, Units 1 & 2 and ISFSI - Proof of Financial Protection, Guarantee of Payment of Deferred Premiums and Submission of Annual Financial Report
ML0833603882008-12-0101 December 2008
Nuclear Liability Insurance Endorsements
ML0813305952008-03-24024 March 2008
ISFSI, North Anna, Units 1 & 2, and ISFSI, Surry, Units 1 & 2 and ISFSI, Proof of Financial Protection, Guarantee of Payment of Deferred Premiums and Submission of Annual Financial Report
ML0622105352006-08-0909 August 2006
Nuclear Liability Insurance Endorsements
ML0509600802005-03-29029 March 2005
Decommissioning Financial Assurance
ML0508904182005-03-29029 March 2005
Decommissioning Funding Status Report Notification of Intent to Remove Parent Guarantee
ML0505404482005-02-23023 February 2005
Nuclear Liability Insurance Endorsements
ML0307707822003-03-10010 March 2003
Nuclear Property Insurance Coverage
2022-02-24
[Table view]
Category:Letter
MONTHYEARIR 05000338/20240032024-10-28028 October 2024
– Integrated Inspection Report 05000338-2024003 and 05000339-2024003
ML24283A0392024-10-0909 October 2024
Annual Submittal of Technical Specification Bases Changes Pursuant to Technical Specification 5.5.13.D
ML24281A1372024-10-0707 October 2024
ISFSI - Submittal of Cask Registration for Spent Fuel Storage
05000338/LER-2024-001-01, Automatic Reactor Trip Due to Prni High Negative Rate2024-09-24024 September 2024
Automatic Reactor Trip Due to Prni High Negative Rate
IR 05000338/20244202024-09-23023 September 2024
Security Baseline Inspection Report 05000338/2024420 and 05000339/2024420, Cover Letter
ML24243A0872024-09-20020 September 2024
Response to EPA Comments Regarding the Final Site Specific Supplement to the Generic Eist for License Renewal North Anna Power Station, Units 1 and 2
IR 05000338/20244022024-09-17017 September 2024
Security Baseline Inspection Report 05000338/2024402 and 05000339/2024402
ML24215A2622024-08-28028 August 2024
Transmittal Letter for Subsequent Renewed License
IR 05000338/20240052024-08-27027 August 2024
Updated Inspection Plan for North Anna Power Station, Units 1 and 2 (Report 05000338/2024005 and 05000339/2024005)
05000339/LER-2024-001-01, Loss of Generator Field for 2J Eog During 2-PT-82.282024-08-20020 August 2024
Loss of Generator Field for 2J Eog During 2-PT-82.28
ML24234A0742024-08-15015 August 2024
Notification of Deviation from Pressurized Water Reactor Owners Group (PWROG) Letter OG-23-63, NEI 03-08 Needed Guidance: PWR Thermal Shield Flexure Inspection Requirements
ML24221A1932024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Upper Mattaponi Tribe
ML24206A0052024-08-0808 August 2024
SLR Final EIS Letter to Achp
ML24221A1882024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Monacan Indian Nation
ML24221A1842024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Delaware Nation, Oklahoma
ML24221A1922024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Tuscarora Nation of New York
ML24221A1912024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Rappahannock Tribe, Inc
ML24221A1942024-08-0808 August 2024
Tribal Section 106 Letters-North Anna-United Keetoowah Band of Cherokee Indians in Oklahoma
ML24221A1852024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Delaware Tribe of Indians
ML24221A1832024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Chickahominy Indian Tribe-Eastern Division
ML24206A0062024-08-0808 August 2024
Notice of Availability of the Final Environmental Impact Statement for the North Anna Nuclear Power Station Unit Numbers 1 and 2 Subsequent License Renewal (Docket Numbers: 50-338 and 50-339)
ML24163A3002024-08-0808 August 2024
Request for Relief Request N1-I5-NDE-007 Inservice Inspection Alternative
ML24208A0142024-08-0808 August 2024
Tribal Section 106 Letters-North Anna-Absentee-Shawnee Tribe of Indians of Oklahoma
ML24221A1872024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Eastern Shawnee Tribe of Oklahoma
ML24221A1862024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Eastern Band of Cherokee Indians
ML24221A1902024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Pamunkey Indian Tribe
ML24221A1812024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Catawba Indian Nation
ML24221A1822024-08-0808 August 2024
Tribal Section 106 Letters - North Anna - Chickahominy Indian Tribe
ML24221A1892024-08-0808 August 2024
Tribal Section 106 Letters-North Anna - Nansemond Indian Nation
ML24241A0692024-08-0606 August 2024
ISFSI, Submittal of Cask Registration for Spent Fuel Storage
IR 05000338/20240022024-08-0202 August 2024
Integrated Inspection Report 05000338/2024002 and 05000339/2024002
ML24206A0432024-07-26026 July 2024
Feis - Letter to the Applicant
05000338/LER-2024-001, Automatic Reactor Trip Due to Prni High Negative Rate2024-07-25025 July 2024
Automatic Reactor Trip Due to Prni High Negative Rate
ML24206A0902024-07-24024 July 2024
Owners Activity Report
ML24178A2422024-06-25025 June 2024
2023 Annual Report of Emergency Core Cooling System (ECCS) Model, Changes Pursuant to the Requirements of 10 CFR 50.46
ML24177A2792024-06-20020 June 2024
Preparation and Scheduling of Operator Licensing Examinations
ML24143A1622024-06-12012 June 2024
– Correction to Issuance of Amendment Nos. 297 and 280 and Surry Units 1 and 2, Correction to Issuance of Amendment Nos. 317 and 317, to Change Emergency Plan Staff Augmentation Times
ML24170B0532024-06-10010 June 2024
DOM-NAF-2-P/NP-A, Revision 0.5, Reactor Core Thermal-Hydraulics Using the VIPRE-D Computer Code
05000339/LER-2024-001, Loss of Generator Field for 2J EDG During 2-PT-82.282024-06-0505 June 2024
Loss of Generator Field for 2J EDG During 2-PT-82.28
ML24165A1462024-06-0505 June 2024
Loss of Generator Field for 2J EDG During 2-PT-82.28
IR 05000338/20240102024-05-24024 May 2024
NRC Fire Protection Team Inspection (FPTI) Report 05000338/2024010 and 05000339/2024010
IR 05000338/20240012024-05-10010 May 2024
Integrated Inspection Report 05000338/2024001 and 05000339/2024001
IR 05000338/20244032024-04-30030 April 2024
– Security Baseline Inspection Report 05000338-2024403 and 05000339-2024403
ML24054A0142024-04-22022 April 2024
Issuance of Amendment Nos. 297 and 280, and Surry Power Station Unit Nos. 1 and 2, Issuance of Amendment Nos. 317 and 317, to Change Emergency Plan Staff Augmentation Times
ML24110A1462024-04-18018 April 2024
Independent Spent Fuel Storage Installation (Sfsi) - Annual Radiological Environmental Operating Report
ML24110A1502024-04-18018 April 2024
Independent Spent Fuel Storage Installation (ISFSI) - Annual Radioactive Effluent Release Report
ML24110A1392024-04-18018 April 2024
Annual Environmental Operating Report
ML24087A0572024-04-16016 April 2024
Correction to Issuance of Amendment Nos. 296 and 279
ML24088A2692024-03-27027 March 2024
Core Operating Limits Report Cycle 31 Pattern Sos Revision 0
ML24086A4292024-03-25025 March 2024
Response to Request for Additional Information Associated with Alternative Request N1-I5-NDE-007 Request to Deter Additional Required Reactor Coolant Pump Casing Inspection
2024-09-24
[Table view] |
Text
Old Dominion ODEC Electric Cooperative 5M March 30, 2015 United States Nuclear Regulatory Commission Attention: Document Control Desk Washington, D. C. 20555-0001 License Nos. NPF-4,7 OLD DOMINION ELECTRIC COOPERATIVE NORTH ANNA POWER STATION UNITS 1 AND 2 DECOMMISSIONING FUNDING STATUS REPORT Pursuant to 10 CFR 50.75(f)(1), Old Dominion Electric Cooperative (ODEC), is providing this report on the status of decommissioning funding for the North Anna Power Station (NAPS). provides the following information for NAPS:
NRC Minimum Financial Assurance Amount as of 12/31/2014 The following information is provided in support and as part of this filing:
- 1. Preliminary December 2014 Bureau of Labor Statistics indices values are used because the final December 2014 indices values were not available at the time of this filing.
- 2. The escalation of decommissioning costs is held at 0% based on assuming 2% Real Rate of
.. . Return-.
- 3. The growth rate on Trust Funds is held at the allowed 2% Real Rate of Return over the escalation rate.
- 4. No rate regulatory authority citation for NAPS is referenced because the 2% Real Rate of Return allowed by 50.75(e)(1)(ii) is used in the calculations.
- 5. The current annual funding amounts shown for NAPS (Attachment 1) reflect only those fund amounts that are dedicated to radiological decommissioning.
- 6. Trust Fund amounts shown for each of the units in this report are market value and after-tax on realized gains and losses. The Trust Fund balances have not been adjusted for unrealized gain or loss positions not currently taxable.
4201 Dominion Boulevard *-%804-747-0592 JQ,804-747-3742 (a www.odec.com AoD(
Glen Allen, Virginia 23060
- 7. Since the previous biennial submittal on March 27, 2013 (ML13091A004) for NAPS, there have been no material changes to trust agreements established for nuclear decommissioning for the NAPS units.
If you have any questions concerning this filing, please contact me at (804) 968-4012.
Sincerely, Todd T. Brickhouse Vice President - Treasurer Old Dominion Electric Cooperative Attachment Commitments made in this letter: None cc: U. S. Nuclear Regulatory Commission Region II Marquis One Tower 245 Peachtree Center Avenue, NE Suite 1200 Atlanta, Georgia 30303-1257 Greg Kolcum NRC Senior Resident Inspector North Anna Power Station 1024 Haley Drive Mineral, VA 23117 Dr. V. Sreenivas NRC Project Manager U. S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 9 4201 Dominion Boulevard %:1 804-747-0592 Jli 804-747-3742 @ www.odec.com Glen Allen, Virginia 23060
I Ms. K. Cotton NRC Project Manager U. S. Nuclear Regulatory Commission, Mail Stop 08 G-9A One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 K David A. Heacock President and Chief Nuclear Officer Virginia Electric and Power Company 120 Tredegar Street Richmond, VA 23219 Richard P. Anderson Manager Generation Finance Dominion Resources, Inc.
120 Tredegar Street Richmond, VA 23219 Frederick D. Gerloff Decommissioning Consultant Generation Finance Dominion Resources Inc.
120 Tredegar Street Richmond, Virginia 23219 4201 Dominion Boulevard %1 804-747-0592 JIQ 804-747-3742 @ www.odec.com Glen Allen, Virginia 23060
Attachment I OLD DOMINION ELECTRIC COOPERATIVE NORTH ANNA POWER STATION UNITS 1 AND 2 2014 NUCLEAR DECOMMISSIONING FINANCIAL ASSURANCE In millions of dollars, except percentagesand years North Anna' Unit 1 North Anna' Unit 2 Total For All NPF-4 NPF-7 Upits Method for Providing External External Financial Assurance Sinking Fund Sinking Fund NRC Minimum Financial Assurance Amounts as of 12/31/2014: $ 53.33 $ 53.33 $106.66 Funds in the External Trust as of 12/31/2014: $ 71.99 $ 73.95 $145.93 Allocated Radiological Funds Held in External Trust as of 12/31/2014 2: $ 49.67 $ 51.02 $100.68 Allocated Radiological Funds Held in External Trust as of 12/31/14 minus NRC Minimum Amounts as of 12/31/142'3: $ (3.67) $ (2.31)
Projected Annual Escalation Factor: 0.000% 0.000%
Annual Trust Funds Earnings Rate (After Taxes and Fees - assumes 2%
Real Rate of Return): 2.000% 2.000%
Year Operating Licenses Expire (Reflects License Renewals): 2038 2040 NRC Minimum Financial Assurance Amounts at Start of Decommissioning: $ 53.33 $ 53.33 $106.66 Estimated Radiological Funds in External Trust at Start of Decommissioning 2: $ 78.71 $ 84.77 $163.48 Allocated Radiological Funds in Excess or (Under) to NRC Minimum Financial Assurance Amounts at Start of Decommissioning 2' 3' 4: $ 25.38 $ 31.44 $56.82 Estimated Radiological Funds in Excess or (Under) to NRC Minimum Amounts Discounted to 12/31/2014 Using the Annual Decommissioning Earnings Rate: $16.01 $18.92 $34.93 1The North Anna Power Station is jointly owned by Virginia Electric and Power Company (88.4%) and Old Dominion Electric Cooperative (11.6%).
However, Old Dominion Electric Cooperative is responsible for 10.74% of the decommissioning obligation. The amounts stated in the above tables reflect only that portion of the decommissioning obligation attributable to Old Dominion Electric Cooperative.
2The Allocated Radiological Funds amounts shown exclude amounts designated for the future decommissioning of the independent spent fuel storage installation, spent fuel management, and non-radiological decommissioning. The amount of decommissioning funds is the after-tax amount of funds accumulated through December 31, 2014.
3Negative amounts (ifany) indicate that the Trust fund values are less than the values of the NRC Minimum Amounts for the period indicated.
4The future value calculation reflects a 2% real rate of return applied from January 1, 2015 to the start of decommissioning assuming a 0% escalation rate.
ODEC serves the power requirements of its 11 member distribution cooperativespursuantto long-term wholesale power contracts. ODEC's wholesale power contracts with each of its member distributioncooperativesare substantiallyidentical, while the schedules and exhibits to each contract are specific to each member. There have been no modifications to the current method of providing financial assurancesince the report submitted on March 27, 2013.
