ML112370036

2010 DFS Report Analysis for Kewaunee Nuclear Power Plant

ML112370036
Person / Time
Site:	Kewaunee
Issue date:	11/14/2011
From:	Szabo A Division of Inspection and Regional Support
To:
Szabo, A L, NRR/DPR, 415-1985
References
Download: ML112370036 (3)

Text

Datasheet 1 Plant name: Kewaunee Nuclear Power Plant Docket Number: 50-305 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $407,700,000 Did the licensee identify the amount of estimated radiological funds? (Y/N) Y 2 The total amount of dollars accumulated at the end of the appropriate year: (see below)

Licensee:  % Owned: Category: Amount in Trust Fund:

Dominion Energy Kewaunee, Inc 100.00% 2 $501,600,000 Total Trust Fund Balance $501,600,000 3 Schedule of the annual amounts remaining to be collected: (provided/none) None 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)

Post-RAI Rate of Rate(s) of PUC RAI PUC Allowed Rates Real Rate Allowed through Decom Return on Escalation Rate Other Verified Needed Verified through Determined of Return (Y/N)

Earnings Factors (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) 2.00% Y N Y Y 5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 7 Any material changes to trust agreements? (Y/N) N If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below)

Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois Spreadsheet created by: Aaron Szabo, Shawn Harwell 7/13/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Kewaunee Nuclear Power Plant Docket Number: 50-305 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 12 21 2033 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 1772 $90,593,600 111.3 2.08 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28 NRC Minimum: $407,599,662 Site Specific:

Amount of NRC Minimum/Site Licensee:  % Owned: Category Specific: Amount in Trust Fund:

Dominion Energy Kewaunee, Inc 100.00% 2 $407,599,662 $501,600,000 Total Fund Balance: $501,600,000 Step 1:

Earnings Credit:

Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:

$501,600,000 2% 22.97 $790,543,655 YES Step 2:

Accumulation:

Value of Annuity per year Real Rate of Return Number of Annual (amount/See Annuity Sheet) per year Payments: Total Annuity:

2% $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 2:

$0 2% 22.97 $0 Total Step 1 + Step 2 Does Licensee Pass:

$790,543,655 YES Step 3:

Decom Period:

Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:

$790,543,655 2% 7 $58,771,256 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:

$849,314,910 YES NO Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois Spreadsheet created by: Aaron Szabo, Shawn Harwell 7/13/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Kewaunee Nuclear Power Plant Docket Number: 50-305 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 12 21 2033 If licensee is granted greater than 2% RRR Step 4:

Earnings Credit:

Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:

$501,600,000 2.00% 22.97 $790,543,655 YES Step 5:

Accumulation:

Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:

$0 2.00% 0 $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5

$0 2.00% 22.97 $0 Total Step 4 + Step 5 Does Licensee Pass:

$790,543,655 YES Step 6:

Decom Period:

Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:

$790,543,655 2.00% 7 $58,771,256 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:

$849,314,910 YES NO Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois Spreadsheet created by: Aaron Szabo, Shawn Harwell 7/13/2011 Formulas verified by: Clayton Pittiglio