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| | 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 = |
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| {{#Wiki_filter:ODEC Old Dominion Electric Cooperative 5 M March 30, 2015 United 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 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).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 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. | | NRC Minimum Financial Assurance Amount as of 12/31/2014 The following information is provided in support and as part of this filing: |
| : 5. The current annual funding amounts shown for NAPS (Attachment | | : 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. |
| : 1) reflect only those fund amounts that are dedicated to radiological decommissioning.
| | : 2. The escalation of decommissioning costs is held at 0% based on assuming 2% Real Rate of |
| : 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.AoD(4201 Dominion Boulevard Glen Allen, Virginia 23060*-%804-747-0592 JQ,804-747-3742 (a www.odec.com | | .. . Return-. |
| : 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 | | : 3. The growth rate on Trust Funds is held at the allowed 2% Real Rate of Return over the escalation rate. |
| -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 | | : 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. |
| %:1 804-747-0592 Jli 804-747-3742 | | : 5. The current annual funding amounts shown for NAPS (Attachment 1) reflect only those fund amounts that are dedicated to radiological decommissioning. |
| @ 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 Glen Allen, Virginia 23060%1 804-747-0592 JIQ 804-747-3742 | | : 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. |
| @ www.odec.com Attachment I OLD DOMINION ELECTRIC COOPERATIVE NORTH ANNA POWER STATION UNITS 1 AND 2 2014 NUCLEAR DECOMMISSIONING FINANCIAL ASSURANCE In millions of dollars, except percentages and 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: | | 4201 Dominion Boulevard *-%804-747-0592 JQ,804-747-3742 (a www.odec.com AoD( |
| $ 53.33 $ 53.33 $106.66 Funds in the External Trust as of 12/31/2014: | | Glen Allen, Virginia 23060 |
| $ 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: | | : 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. |
| $ (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): | | If you have any questions concerning this filing, please contact me at (804) 968-4012. |
| 2038 2040 NRC Minimum Financial Assurance Amounts at Start of Decommissioning: | | 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 |
| $ 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 1 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. | | |
| The amounts stated in the above tables reflect only that portion of the decommissioning obligation attributable to Old Dominion Electric Cooperative. | | 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. |
| 2 The 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.
| | 120 Tredegar Street Richmond, VA 23219 Frederick D. Gerloff Decommissioning Consultant Generation Finance Dominion Resources Inc. |
| The amount of decommissioning funds is the after-tax amount of funds 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. | | 120 Tredegar Street Richmond, Virginia 23219 4201 Dominion Boulevard %1 804-747-0592 JIQ 804-747-3742 @ www.odec.com Glen Allen, Virginia 23060 |
| 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.
| | |
| ODEC's wholesale power contracts with each of its member distribution cooperatives are substantially identical, 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 assurance since the report submitted on March 27, 2013.}} | | 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.}} |
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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
MONTHYEARML24032A1112024-02-0101 February 2024 Owner'S Activity Report for North Anna, Unit 2, Refueling Outage N2R29 - First Period of the Fifth ISI Interval ML24032A4662024-01-16016 January 2024 Response to Comments on Draft Vpdes Permit No. VA0052451 ML24017A0802024-01-11011 January 2024 Notification of Licensed Operator Initial Examination 05000338/2024301 and 05000339/2024301 ML24003A8372024-01-0909 January 2024 Letter to Elizabeth Toombs, Thpo, Cherokee Nation, Notice of Availability of the Draft Site-Specific EIS for North Anna Power Station, Units 1 and 2, Subsequent License Renewal ML24003A8412024-01-0909 January 2024 Notice of Availability of the Draft Site-Specific Environmental Impact Statement for the North Anna Power Station, Units 1 and 2, Subsequent License Renewal ML24003A8502024-01-0909 January 2024 Letter to Wenonah Haire, Thpo, Catawba Indian Nation, Notice of Availability of the Draft Site-Specific EIS for North Anna Power Station, Units 1 and 2, Subsequent License Renewal ML23332A7272024-01-0909 January 2024 Notice of Availability of the Draft Site-Specific Environmental Impact Statement for the North Anna Power Station, Units 1 and 2, Subsequent License Renewal ML24003A8382024-01-0909 January 2024 Letter to G. Anne Richardson, Chief, Rappahannock Tribe, Inc., Notice of Availability of Draft Site-Specific Environmental Impact Statement for North Anna Power Station Units 1 and 2, Subsequent License Renewal ML24003A8482024-01-0909 January 2024 Notice of Availability of the Draft Site-Specific Environmental Impact Statement for the North Anna Power Station, Units 1 and 2, Subsequent License Renewal ML24003A8392024-01-0909 January 2024 Letter to Gerald Stewart, Chief, Chickahominy Indian Tribe, Eastern Division Re Re Notice of Availability of the Draft Site-Specific Environmental Impact Statement for North Anna Power Station Subsequent License Renewal ML24003A8472024-01-0909 January 2024 Letter to Tom Jonathan, Chief, Tuscarora Nation, Notice of Availability of the Draft Site-Specific EIS for North Anna Power Station, Units 1 and 2, Subsequent License Renewal ML24003A8492024-01-0909 January 2024 Letter to W. Frank Adams, Chief, Upper Mattaponi Tribe Re Re Notice of Availability of the Draft Site-Specific Environmental Impact Statement for North Anna Power Station Subsequent License Renewal ML24003A8462024-01-0909 January 2024 Notice of Availability of the Draft Site-Specific Environmental Impact Statement for the North Anna Power Station, Units 1 and 2, Subsequent License Renewal ML24003A8352024-01-0909 January 2024 Letter to Acee Watt, Thpo, United Keetoowah Band of Cherokee Indians in Oklahoma Re Notice of Availability of the Draft Site-Specific Environmental Impact Statement for North Anna Power Station Subsequent License Renewal ML24003A8422024-01-0909 January 2024 Letter to Paul Barton, Thpo, Eastern Shawnee Tribe of Oklahoma, Notice of Availability of Draft Site-Specific Environmental Impact Statement for North Anna Power Station Units 1 and 2, Subsequent License Renewal ML24003A8432024-01-0909 January 2024 Letter to Robert Gray, Chief, Pamunkey Indian Tribe, Notice of Availability of the Draft Site-Specific EIS for North Anna Power Station, Units 1 and 2, Subsequent License Renewal ML24003A8362024-01-0909 January 2024 Notice of Availability of the Draft Site-Specific Environmental Impact Statement for the North Anna Power Station, Units 1 and 2, Subsequent License Renewal ML24003A8442024-01-0909 January 2024 Letter to Russell Townsend, Thpo, Eastern Band of Cherokee Indians ML24003A8402024-01-0909 January 2024 Letter to Katelyn Lucas, Thpo, Delaware Nation, Oklahoma, Notice of Availability of Draft Site-Specific Environmental Impact Statement for North Anna Power Station Units 1 and 2, Subsequent License Renewal ML24003A8452024-01-0909 January 2024 Letter to Stephen Adkins, Chief, Chickahominy Indian Tribe, Notice of Availability of Draft Site-Specific Environmental Impact Statement for North Anna Power Station Units 1 and 2, Subsequent License Renewal ML23332A1852024-01-0404 January 2024 Notice of Availability of the Draft Site-Specific Environmental Impact Statement for the North Anna Power Station, Units 1 and 2, Subsequent License Renewal ML23332A0872024-01-0404 January 2024 Notice of Availability of the Draft Site-Specific Environmental Impact Statement for the North Anna Power Station, Units 1 and 2, Subsequent License Renewal ML23360A6352024-01-0404 January 2024 Letter to Dominion Availability for North Anna Units 1 and 2 Draft Site Specific Environmental Impact Statement ML23332A1472023-12-21021 December 2023 Issuance of Environmental Scoping Summary Report Associated with the Staff'S Review of the North Anna Power Station, Units 1 and 2, Subsequent License Renewal Application ML23283A3052023-12-20020 December 2023 Review of Appendix F to DOM-NAF2, Qualification of the Framatome ORFEO-GAIA and ORFEO-NMGRID CHF Correlations in the Dominion Energy VIPRE-D Computer Code (EPID L-2022-LLT-0003) (Nonproprietary) ML23346A0972023-12-11011 December 2023 License Amendment Request to Revise the Emergency Plan Relocation of the Technical Support Center - Response to NRC Request for Additional Information ML23346A1022023-12-11011 December 2023 2024 North Anna Power Station Brq Inspection Notification Letter ML24012A0942023-12-0707 December 2023 GL Report from Dominion Virginia Power Regarding Transfer of Devices ML24012A0892023-12-0707 December 2023 GL Registration from Dominion Virginia Power ML23334A2432023-11-30030 November 2023 Request for Exemption from Enhanced Weapons, Firearms Background Checks, and Security Event Notifications Implementation ML23362A0602023-11-29029 November 2023 ISFSI, Submittal of Cask Registration for Spent Fuel Storage IR 05000339/20234022023-11-27027 November 2023 Security Baseline Inspection Report 05000338 and 05000339/2023402 IR 05000338/20230032023-11-13013 November 2023 Integrated Inspection Report 05000338/2023003 and 05000339/2023003 ML23311A2042023-10-0909 October 2023 Annual Submittal of Technical Specification Bases Changes Pursuant to Technical Specification 5.5.13.d IR 05000338/20234032023-10-0505 October 2023 Reissue - North Anna Power Station - Cyber Security Inspection Report 05000338/2023403 and 05000339/2023403 (Cover Letter) ML23279A0612023-10-0505 October 2023 Paragon Energy Solutions LLC, Part 21 Final Report Re Potential Defect with Eaton Jd and Hjd Series Molded Case Circuit Breakers (Mccbs) ML23230A0502023-10-0202 October 2023 5 of the Quality Assurance Topical Report - Review of Program Changes ML23275A0992023-09-28028 September 2023 Subsequent License Renewal Application Third 10 CFR 54.21(b) Annual Amendment IR 05000338/20230112023-09-26026 September 2023 Quadrennial Focused Engineering Inspection Commercial Grade Dedication Report 05000338/2023011 and 05000339/2023011 ML23242A3482023-09-11011 September 2023 Cyber Security Inspection Report 05000338/2023403 and 05000339/2023403 - Cover ML23254A0242023-09-0606 September 2023 Paragon Energy Solutions LLC, Potential Defect with Eaton Jd and Hjd Series Molded Case Circuit Breakers (Mccbs) ML23249A2592023-09-0606 September 2023 Core Operating Limits Report Cycle 30, Pattern Ukr, Revision 0 ML23214A2022023-09-0505 September 2023 Staff Assessment of Updated Seismic Hazards Following the NRC Process for the Ongoing Assessment of Natural Hazards Information 2024-02-01
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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.