ML15091A341: Difference between revisions

From kanterella
Jump to navigation Jump to search
(Created page by program invented by StriderTol)
(Created page by program invented by StriderTol)
Line 1: Line 1:
{{Adams
#REDIRECT [[ENOC-15-00007, Indian Point Unit 1, Big Rock Point and Vermont Yankee, Status of Funding for Managing Irradiated Fuel for Year Ending December 31, 2014]]
| number = ML15091A341
| issue date = 03/27/2015
| title = Indian Point Unit 1, Big Rock Point and Vermont Yankee, Status of Funding for Managing Irradiated Fuel for Year Ending December 31, 2014
| author name = McCann J F
| author affiliation = Entergy Nuclear Operations, Inc
| addressee name =
| addressee affiliation = NRC/Document Control Desk, NRC/NMSS, NRC/NRR
| docket = 05000003, 05000155, 05000271
| license number = DPR-005, DPR-006, DPR-028
| contact person =
| case reference number = ENOC-15-00007
| document type = Decommissioning Funding Plan DKTs 30, 40, 50, 70, Letter
| page count = 8
}}
 
=Text=
{{#Wiki_filter:0- Entergy Entergy Nuclear Operations, Inc 440 Hamilton Avenue White Plains, NY 10601 Tel 9142723370 John F. McCann Vice President Regulatory Assurance ENOC-15-00007 March 27, 2015 ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 205555-0001
 
==SUBJECT:==
Status of Funding for Managing Irradiated Fuel For Year Ending December 31, 2014 -10 CFR 50.82(a)(8)(vii)
Entergy Nuclear Operations, Inc.Indian Point Nuclear Generating Station 1 Docket Nos. 50-3 License No. DPR-5 Big Rock Point Docket 50-155 License No. DPR-6 Vermont Yankee Docket 50-271 License No. DPR-28
 
==Dear Sir or Madam:==
10 CFR 50.82(a)(8)(vii) requires that after submitting its site-specific decommissioning cost estimate pursuant to 10 CFR 50.82(a)(4)(i), a licensee must annually submit to the NRC, by March 31, a report on the status of its funding for managing irradiated fuel. On behalf of Entergy Nuclear Indian Point 2, LLC, and Entergy Nuclear Palisades, LLC, and Entergy Nuclear Vermont Yankee, LLC, Entergy Nuclear Operations, Inc. hereby submits the information requested for Indian Point 1, Big Rock Point, and Vermont Yankee. All or most of the spent fuel mananagement costs are a liability of the U.S. Government as a result of its breach of the spent fuel disposal contract.
However, this report takes no credit for recoveries on that liability.
I-%/,\14 M'S:so i"SS" 4f-ENOC-1 5-00007 Page 2 of 2 There are no new commitments made in this letter. If you have any questions, please contact Mr. Guy Davant, Manager, Fleet Licensing Programs at 601-368-5756.
S3incereI J/ghd/LJS Attachments:
: 1. Entergy Nuclear Operations, Inc. Status of Funding for Managing Irradiated Fuel -Indian Point 1, for Year Ending December 31, 2014- 10 CFR 50.82(a)(8)(vii)
: 2. Entergy Nuclear Operations, Inc. Status of Funding for Managing Irradiated Fuel -Big Rock Point, for Year Ending December 31, 2014 -10 CFR 50.82(a)(8)(vii)
: 3. Entergy Nuclear Operations, Inc. Status of Funding for Managing Irradiated Fuel -Vermont Yankee, for Year Ending December 31, 2014- 10 CFR 50.82(a)(8)(vii) cc: Mr. J.A. Aluise (ENT)Mr. J.S. Forbes (ECH)Mr. B.E. Green (TMBR)Mr. D.J. Mannai (WPO)Mr. T.G. Mitchell (ECH)Mr. L. Coyle (IPEC)Mr. A. Vitale (PAL)Mr. J. Ventosa (ECH)Mr. L. Jager Smith (ECH)Mr. C.J. Wamser (VTY)USNRC Regional Administrator, Region I USNRC Regional Administrator, Region III USNRC Project Manager, Indian Point 1 USNRC Project Manager, Indian Point 2 USNRC Project Manager, Indian Point 3 USNRC Project Manager, Big Rock Point USMRC Project Manager, Palisades USNRC Resident Inspector, Indian Point 2 USNRC Resident Inspector, Indian Point 3 USNRC Resident Inspector, Palisades Michigan Department of Environmental Quality Michigan Public Service Commission Ms. Bridget Frymire NYS Department of Public Service 3 Empire State Plaza Albany, NY 12223 Attachment 1 ENOC-15-00007 (Page 1 of 1)Entergy Nuclear Operations, Inc.Status of Funding for Managing Irradiated Fuel -Indian Point I For Year Ending December 31, 2014 -10 CFR 50.82(a)(8)(vii)
Plant Name: Indian Point Nuclear Generating Unit No. 1 1. Funds accumulated to cover the $ 169.7 million cost of managing irradiated fuel as of 12/31/2014
[Note 1]2. Projected costs to manage fuel until DOE removal (2014$) $ 87.00 million 3. Plan as required See Note 2 Note 1: This amount represents the excess funds available in the Unit 1 decommissioning trust fund less an amount necessary to decommission the Independent Spent Fuel Storage Installation (ISFSI). Per Unit l's updated decommissioning cost analysis, the present value (2014) of excess funds in Unit 1's decommissioning trust at the end of decommissioning in 2073 is $169.9 million ($546.5 million/(1.02)A(2 0 7 3 2 0 1 4)). See Ending DTF Balance for 2073, Table 14-1, Decommissioning Funding Status Report per 10 CFR§50.75(f)(1) and 10 CFR 50.82(a)(8)(v)
-- Entergy Nuclear Operations, Inc., filed March 2015. The estimated cost for decommissioning Indian Point 1 and 2's share of the site ISFSI is $2.075 million. Of the 53 casks from Indian Point 1 and 2 on the ISFSI, 5 are attributable to Unit 1, or 9.4%. Unit l's share of ISFSI decommissioning cost is calculated as 9.4% x $2.075 million, or $0.195 million. Thus, the present value of Unit 1 trust funds available for spent fuel management is $169.9 million minus $0.195 million, or $169.7 million. For purposes of this report only, Indian Point 1 trust funds are being considered separately from Indian Point 2 trust funds; however, both funds are covered by a single trust agreement, and will likely be handled together upon decommissioning.
Note 2: The excess currently existing in Unit 1's decommissioning trust is sufficient to cover the estimated costs of spent fuel management.
The licensee acknowledges the need for an exemption pursuant to 10 CFR §50.12(a) to use radiological decommissioning trust funds for costs other than decommissioning activities as defined in 10 CFR 50.2.
Attachment 2 ENOC-15-00007 (Page 1 of 1)Entergy Nuclear Operations, Inc.Status of Funding for Managing Irradiated Fuel -Big Rock Point For Year Endinq December 31, 2014 -10 CFR 50.82(a)(8)(vii)
Plant Name: Big Rock Point 1. Funds accumulated to cover the cost of managing irradiated fuel as of 12/31/2014
: 2. Projected costs to manage fuel until DOE removal (2014$)3. Plan as required See Note 1$ 57.49 million See Note 1 Note 1: Spent fuel management costs have been paid for out of Entergy Nuclear Palisades, LLC operating funds since Big Rock Point was acquired from Consumers Energy on April 11, 2007. Entergy Nuclear Palisades, LLC plans to continue paying for spent fuel management costs from said operating funds. Therefore, no funds are specifically accumulated for the cost of managing irradiated fuel at Big Rock Point as of 12/31/2014.
Attachment 3 ENOC-15-00007 (Page 1 of 4)Entergy Nuclear Operations, Inc.Status of Funding for Managing Irradiated Fuel -Vermont Yankee For Year Ending December 31', 2014 -10 CFR 50.82(a)(8)(vii)
Plant Name: Vermont Yankee 1. Funds accumulated to cover the $ 225.7 million cost of managing irradiated fuel as of 12/31/2014
[Note 1]2. Projected costs to manage fuel until DOE removal (2014$) $ 368.35 million 3. Plan as required See Note 2 Note 1: This amount represents the excess funds available in the Vermont Yankee decommissioning trust fund less an amount necessary to decommission the Independent Spent Fuel Storage Installation (ISFSI). Per Vermont Yankee's updated decommissioning cost analysis (Reference 1), the present value of excess funds in the decommissioning trust at the end of decommissioning in 2075, after considering license termination expenses, is $230.8 million ($772.23 million/(1.02)A(20752014)).
See Table 3-1 below. Table 3-1 has been constructed by removing spent fuel management expenses from Table 15-1, Decommissioning Funding Status Report per 10 CFR §50.75(f)(1) and 10 CFR 50.82(a)(8)(v)
-- Entergy Nuclear Operations, Inc. filed March 2015, to yield the surplus at the end of decommissioning that would otherwise be available for spent fuel management and ISFSI decommissioning.
This calculated surplus takes into account available funds in the decommissioning trust, as well as the credit facilities from external banks that were discussed in Vermont Yankee's Irradiated Fuel Management Program Update (Reference 2). The estimated cost for decommissioning Vermont Yankee's ISFSI is $5.06 million. Thus, the present value of Vermont Yankee trust funds available for spent fuel management is $230.8 million minus $5.06 million, or $225.7 million.Note 2: Reference 3, Attachment 15 demonstrates that the Vermont Yankee decommissioning trust fund is sufficiently funded for all license termination activities and certain spent fuel management activities (i.e., operational costs). As discussed in the Irradiated Fuel Management Program Update (Reference
: 2) costs related to spent fuel management operations (e.g., operations and maintenance costs for the spent fuel and Independent Spent Fuel Storage Installation, totaling approximately
$225 million) will be funded from the decommissioning trust fund, assuming that Entergy Nuclear Operations, Inc. obtains an exemption that allows the use of trust funds for spent fuel management activities.
The licensee acknowledges the need for an exemption pursuant to 10 CFR §50.12(a) to use radiological decommissioning trust funds for costs other than decommissioning activities as defined in 10 CFR 50.2. The remaining
$143 million is associated with transfer of spent fuel to dry storage (e.g., procurement of dry storage systems, transfer of fuel from the spent fuel pool to the Independent Spent Fuel Storage Installation (ISFSI), and construction of the second ISFSI pad). To fund the "transfer to dry storage" portion of spent fuel management costs, Entergy Nuclear Vermont Yankee, LLC has established two separate revolving credit facilities from third party banks totaling $145 million.
Attachment 3 ENOC-1 5-00007 (Page 2 of 4)Entergy Nuclear Operations, Inc.Status of Funding for Managing Irradiated Fuel -Vermont Yankee For Year Ending December 31, 2014 -10 CFR 50.82(a)(8)(vii)
Table 3-1 Vermont Yankee Nuclear Power Station -SAFSTOR Methodology Annual Cash Flow Analysis -Total License Termination, Spent Fuel Management less Dry Fuel Costs (in Millions in 2014 Dollarsi Column 4 License Column 3 Termination Column 5 Column 9 Column 1 Column 2 Exclude Cost plus Beginning Year 50.75 50.54 (bb) Dry Fuel Spent Fuel of Year Column 8 Ending License Spent Fuel Spent Fuel Management Trust Trust Trust Termination Management Management Cost less Dry Fund Column 6 Column 7 Fund Fund Cost Cost Cost Fuel Cost Balance Withdraw Contribute Earnings Balance Year (millions) (millions) (millions) (millions) (millions) (millions) (millions) (millions) (millions) 2015 96,363 0 0 96,363 664,558 96,363 0 11,364 579,559 2016 36,126 0 0 36,126 579,559 36,126 0 10,869 554,302 2017 10,823 0 0 10,823 554,302 10,823 0 10,870 554,348 2018 9,548 0 0 9,548 554,348 9,548 0 10,896 555,696 2019 8,173 0 0 8,173 555,696 8,173 0 10,950 558,473 2020 17,763 0 0 17,763 558,473 17,763 0 10,814 551,524 2021 5,241 0 5,241 551,524 5,241 0 10,926 557,209 2022 5,191 0 5,191 557,209 5,191 0 11,040 563,059 2023 5,191 0 5,191 563,059 5,191 0 11,157 569,025 2024 3,650 0 3,650 569,025 3,650 0 11,308 576,683 2025 3,591 0 3,591 576,683 3,591 0 11,462 584,554 2026 3,733 0 3,733 584,554 3,733 0 11,616 592,438 2027 3,783 0 3,783 592,438 3,783 0 11,773 600,428 2028 3,742 0 3,742 600,428 3,742 0 11,934 608,620 2029 3,733 0 3,733 608,620 3,733 0 12,098 616,985 2030 3,783 0 3,783 616,985 3,783 0 12,264 625,466 2031 3,733 0 3,733 625,466 3,733 0 12,435 634,168 2032 3,742 0 3,742 634,168 3,742 0 12,609 643,035 2033 3,783 0 3,783 643,035 3,783 0 12,785 652,038 2034 3,733 0 3,733 652,038 3,733 0 12,966 661,271 2035 3,733 0 3,733 661,271 3,733 0 13,151 670,689 2036 3,792 0 3,792 670,689 3,792 0 13,338 680,235 2037 3,733 0 3,733 680,235 3,733 0 13,530 690,033 2038 3,733 0 3,733 690,033 3,733 0 13,726 700,026 2039 3,783 0 3,783 700,026 3,783 0 13,925 710,168 2040 3,742 0 3,742 710,168 3,742 0 14,129 720,555 2041 3,733 0 3,733 720,555 3,733 0 14,336 731,159 2042 3,783 0 3,783 731,159 3,783 0 14,548 741,923 Attachment 3 ENOC-1 5-00007 (Page 3 of 4)Entergy Nuclear Operations, Inc.Status of Funding for Managing Irradiated Fuel -Vermont Yankee For Year Ending December 31, 2014 -10 CFR 50.82(a)(8)(vii) 2043 3,733 0 3,733 741,923 3,733 0 14,764 752,955 2044 3,742 0 3,742 752,955 3,742 0 14,984 764,197 2045 3,783 0 3,783 764,197 3,783 0 15,208 775,623 2046 3,733 0 3,733 775,623 3,733 0 15,438 787,328 2047 3,733 0 3,733 787,328 3,733 0 15,672 799,267 2048 3,792 0 3,792 799,267 3,792 0 15,910 811,385 2049 3,733 0 3,733 811,385 3,733 0 16,153 823,805 2050 3,733 0 3,733 823,805 3,733 0 16,401 836,474 2051 3,783 0 3,783 836,474 3,783 0 16,654 849,345 2052 3,742 0 3,742 849,345 3,742 0 16,912 862,515 2053 3,583 0 3,583 862,515 3,583 0 17,179 876,112 2054 3,633 0 3,633 876,112 3,633 0 17,450 889,928 2055 3,583 0 3,583 889,928 3,583 0 17,727 904,073 2056 3,591 0 3,591 904,073 3,591 0 18,010 918,491 2057 3,633 0 3,633 918,491 3,633 0 18,297 933,156 2058 3,583 0 3,583 933,156 3,583 0 18,591 948,164 2059 3,583 0 3,583 948,164 3,583 0 18,892 963,473 2060 3,641 0 3,641 963,473 3,641 0 19,197 979,029 2061 3,583 0 3,583 979,029 3,583 0 19,509 994,955 2062 3,583 0 3,583 994,955 3,583 0 19,827 1,011,200 2063 3,633 0 3,633 1,011,200 3,633 0 20,151 1,027,718 2064 3,591 0 3,591 1,027,718 3,591 0 20,483 1,044,610 2065 3,583 0 3,583 1,044,610 3,583 0 20,821 1,061,847 2066 3,633 0 3,633 1,061,847 3,633 0 21,164 1,079,379 2067 3,583 0 3,583 1,079,379 3,583 0 21,516 1,097,312 2068 43,277 0 43,277 1,097,312 43,277 0 21,081 1,075,116 2069 92,030 0 92,030 1,075,116 92,030 0 19,662 1,002,748 2070 104,519 0 104,519 1,002,748 104,519 0 17,965 916,194 2071 84,524 0 84,524 916,194 84,524 0 16,633 848,304 2072 84,953 0 84,953 848,304 84,953 0 15,267 778,618 2073 50,139 0 50,139 778,618 50,139 0 14,570 743,048 2074 512 0 512 743,048 512 0 14,851 757,387 2075 295 0 295 757,387 295 0 15,142 772,234 2076 0 0 0 772,234 0 0 15,445 787,678 817,219 0 0 817,219 664,558 817,219 0 940,340 787,678 817,219 0 0 817,219 664,558 817,219 0 940,340 787,678 Attachment 3 ENOC-15-00007 (Page 4 of 4)Entergy Nuclear Operations, Inc.Status of Funding for Managing Irradiated Fuel -Vermont Yankee For Year Ending December 31, 2014 -10 CFR 50.82(a)(8)(vii)
 
==REFERENCES:==
: 1. Letter, Entergy Nuclear Operations, Inc. to USNRC, "Post Shutdown Decommissioning Activities Report," BVY 14-078, dated December 19, 2014 (Accession No. ML14357A1 10)2. Letter, Entergy Nuclear Operations, Inc. to USNRC, "Update to Irradiated Fuel Management Program Pursuant to 1OCFR 50.54(bb)," BVY14-085, dated December 19,2014 (Accession No. ML14358A251)
: 3. Letter, Entergy Nuclear Operations, Inc. to USNRC, "Decommissioning Funding Status Report per 10 CFR §50.75(f)(1) and 10 CFR 50.82(a)(8)(v), filed March 2015}}

Revision as of 02:06, 16 December 2018

Redirect to:

Retrieved from "https://kanterella.com/w/index.php?title=ML15091A341&oldid=1200820"