ML112370036

2010 DFS Report Analysis for Kewaunee Nuclear Power Plant

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

Text

Datasheet 1Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011Secondary Review: Kosmas Lois 7/13/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 1 2% Owned:Category:100.00%2 3 4 2.00%Y N Y Y 5 6Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7Licensee:$501,600,000Amount in Trust Fund:$501,600,000Real Rate of ReturnPUC Verified (Y/N)Dominion Energy Kewaunee, IncAssumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)Any contracts upon which the licensee is relying? (Y/N)Schedule of the annual amounts remaining to be collected: (provided/none)Rate of Return on EarningsAllowed through Decom (Y/N)Rate(s) of Other FactorsIf 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)

NPlant name:Kewaunee Nuclear Power Plant50-305RAI Needed (Y/N)PUC Verified (Y/N)NoneDocket Number:Did the licensee identify the amount of estimated radiological funds? (Y/N)The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c):

Y$407,700,000The total amount of dollars accumulated at the end of the appropriate year: (see below)Escalation RateAllowed through Decom (Y/N)Total Trust Fund BalancePost-RAIRates Determined (Y/N)Any material changes to trust agreements? (Y/N)

N N Datasheet 2Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois 7/13/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:1212PWR 1772$90,593,600111.32.080.652.321.676191.4114.23.049250.082.00.132.2530.2212.28% Owned:Category100.00%2 2%22.97 2%2%2%7 Bx Ex LxECIBase LxBase Px2010Year:Kewaunee Nuclear Power PlantDocket Number:Date of Operation:Latest Month FxMWth$790,543,655Years remaining after annuity Px50-3052131Termination of Operations:2033 1986$DayBase FxPlant name:Value of Annuity per year (amount/See Annuity Sheet)Licensee:$407,599,662NRC Minimum:$407,599,662Trust Fund Balance:Step 1:Amount of NRC Minimum/Site Specific:BWR/PWR FxSite Specific:Total Step 2:Years Left in License22.97Real Rate of Return per yearDoes Licensee Pass:YES$0$58,771,256Total Earnings for Decom:Decom Period:Total Earnings:Real Rate of Return per yearLatest Month PxDominion Energy Kewaunee, IncTotal Annuity:Step 3:$501,600,000Amount in Trust Fund:

$0Total Earnings:$790,543,655Real Rate of Return per yearTotal Fund Balance:$501,600,000Total of Steps 1 thru 3:Number of Annual Payments:Accumulation:Step 2:Earnings Credit:$501,600,000Decom Period:

$0Total AnnuityReal Rate of Return per yearTotal Step 1 + Step 2$790,543,655 NOShortfall:YESDoes Licensee Pass:Does Licensee Pass:YES$849,314,910 Datasheet 2Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois 7/13/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:12122010Year:Kewaunee Nuclear Power PlantDocket Number:Date of Operation:50-3052131Termination of Operations:2033DayPlant name:2.00%22.972.00%2.00%2.00%7Earnings Credit:Step 4:Shortfall:

NOReal Rate of Return per yearYears remaining after annuity$0Total AnnuityDoes Licensee Pass:Trust Fund Balance:Years Left in LicenseReal Rate of Return per yearAccumulation:Value of Annuity per year$501,600,000YES$58,771,256Total Step 5Total of Steps 4 thru 6:$849,314,910Does Licensee Pass:Total Earnings:22.97 0$790,543,655

$0$0Decom Period:Step 6:$790,543,655

$0Does Licensee Pass:Real Rate of Return per yearYESTotal Step 4 + Step 5Total Earnings for Decom:Decom Period:Total Annuity:Number of Annual Payments:Step 5:Real Rate of Return per yearTotal Earnings:$790,543,655YESIf licensee is granted greater than 2% RRR