ML112351245

2010 DFS Report Analysis for Byron Station, Unit 2

ML112351245
Person / Time
Site:	Byron
Issue date:	11/14/2011
From:	Szabo A Division of Inspection and Regional Support
To:
Szabo, A L, NRR/DPR, 415-1985
References
Download: ML112351245 (5)

Text

Datasheet 1Signature: Shawn Harwell Date: 8/3/2011Signature: Aaron L. Szabo Date: 8/15/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 1 2% Owned:Category: 100.00%2 3 4 2.00%5 6Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7Plant name:Byron Station, Unit 250-455RAI 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):

1Escalation RateAllowed through Decom (Y/N) 2 Removed Parent Company Guarantee. Financial assurance is provided by a prepayment method, coupled with an external trust fund. No further review required.

Y$477,516,000The total amount of dollars accumulated at the end of the appropriate year: (see below)

NAssumptions 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 Factors$244,915,000Real Rate of ReturnPUC Verified (Y/N)1 Licensee calculated MFA higher than NRC calculations. Justification, including factors used, were provided to NRC for review. No further review required.Exelon Generation Company, LLCLicensee:$244,915,000Amount in Trust Fund:

NAny material changes to trust agreements? (Y/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)

Y 2Post-RAIRates Determined (Y/N)Total Trust Fund Balance Datasheet 2Signature: Shawn HarwellDate: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:1211PWR 3586$105,000,000111.32.080.652.321.676191.4114.23.049250.082.00.132.2530.2212.28% Owned:Category100.00%2 2%15.85 2%2%2%7$360,126,674($296,421,326)Shortfall:

NODoes Licensee Pass:

Does Licensee Pass:

NOTotal of Steps 1 thru 3:Number of Annual Payments:Accumulation:Step 2:Earnings Credit:$244,915,000Decom Period:

$0Total AnnuityReal Rate of Return per yearTotal Fund Balance:$244,915,000Total Step 1 + Step 2$335,206,475$24,920,199Total Earnings for Decom:Decom Period:Total Earnings:Real Rate of Return per yearLatest Month PxAmount of NRC Minimum/Site Specific:BWR/PWRMWthExelon Generation Company, LLCTotal Annuity:Step 3:$244,915,000Amount in Trust Fund:

$0Total Earnings:$335,206,475Real Rate of Return per year FxSite Specific:$656,548,000Total Step 2:Years Left in License15.85Real Rate of Return per yearDoes Licensee Pass:

NO$0$335,206,475Years remaining after annuity Px50-455 631Termination of Operations:2026 1986$DayBase FxPlant name:Value of Annuity per year (amount/See Annuity Sheet)Licensee:$656,548,000NRC Minimum:$472,417,086Trust Fund Balance:Step 1: Bx Ex LxECIBase LxBase Px2010Year:Byron Station, Unit 2Docket Number:Date of Operation:Latest Month Fx Datasheet 2Signature: Shawn HarwellDate: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:121150-455 631Termination of Operations:2026DayPlant name:2010Year:Byron Station, Unit 2Docket Number:Date of Operation:2.00%15.852.00%2.00%2.00%7Real Rate of Return per yearAccumulation:Value of Annuity per year$244,915,000Total Annuity:Number of Annual Payments:Step 5:Real Rate of Return per yearTotal Earnings:$335,206,475 NOIf licensee is granted greater than 2% RRR NO$24,920,199Total Step 5Total of Steps 4 thru 6:$360,126,674Does Licensee Pass:Total Earnings:15.85 0$335,206,475

$0$0Decom Period:Step 6:$335,206,475

$0Does Licensee Pass:Real Rate of Return per year NOTotal Step 4 + Step 5Total Earnings for Decom:Decom Period:Total AnnuityDoes Licensee Pass:Trust Fund Balance:Years Left in LicenseShortfall:($296,421,326)Real Rate of Return per yearYears remaining after annuity$0Earnings Credit:Step 4:

Signature: Shawn HarwellDate: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 11 6 20262.00%2.00%Cost in 2010 dollarsSpent Fuel 2026$334,176,580$7,778,000N/A2.00%$333,004,332 2027$333,004,332$57,569,000N/A2.00%$281,519,729 2028$281,519,729$34,472,000N/A2.00%$252,333,403 2029$252,333,403$3,682,000N/A2.00%$253,661,251 2030$253,661,251$3,682,000N/A2.00%$255,015,656 2031$255,015,656$3,682,000N/A2.00%$256,397,149 2032$256,397,149$3,686,000N/A2.00%$257,802,232 2033$257,802,232$3,673,000N/A2.00%$259,248,547 2034$259,248,547$3,673,000N/A2.00%$260,723,788 2035$260,723,788$3,673,000N/A2.00%$262,228,534 2036$262,228,534$3,683,000N/A2.00%$263,753,274 2037$263,753,274$3,673,000N/A2.00%$265,318,610 2038$265,318,610$3,673,000N/A2.00%$266,915,252 2039$266,915,252$3,673,000N/A2.00%$268,543,827 2040$268,543,827$3,683,000N/A2.00%$270,194,874 2041$270,194,874$3,673,000N/A2.00%$271,889,041 2042$271,889,041$3,673,000N/A2.00%$273,617,092 2043$273,617,092$3,660,000N/A2.00%$275,392,834 2044$275,392,834$3,670,000N/A2.00%$277,193,990 2045$277,193,990$3,660,000N/A2.00%$279,041,270 2046$279,041,270$3,660,000N/A2.00%$280,925,496 2047$280,925,496$3,660,000N/A2.00%$282,847,406 2048$282,847,406$3,670,000N/A2.00%$284,797,654 2049$284,797,654$3,660,000N/A2.00%$286,797,007 2050$286,797,007$3,660,000N/A2.00%$288,836,347 2051$288,836,347$3,660,000N/A2.00%$290,916,474 2052$290,916,474$3,670,000N/A2.00%$293,028,103 2053$293,028,103$3,660,000N/A2.00%$295,192,065 2054$295,192,065$3,660,000N/A2.00%$297,399,307 2055$297,399,307$3,660,000N/A2.00%$299,650,693 2056$299,650,693$3,670,000N/A2.00%$301,937,007 2057$301,937,007$3,660,000N/A2.00%$304,279,147 2058$304,279,147$3,660,000N/A2.00%$306,668,130 2059$306,668,130$3,660,000N/A2.00%$309,104,892 2060$309,104,892$3,670,000N/A2.00%$311,580,290 2061$311,580,290$3,660,000N/A2.00%$314,115,296 2062$314,115,296$3,660,000N/A2.00%$316,701,002Real Rate of ReturnEnd of Year Trust Fund BalanceEnd of Operations Balance:$335,206,475Operating Life Real Rate of Return:Decommissioning Real Rate of Return:YearBeginning Trust Fund BalanceExpense Per YearDate of Termination of OperationsSAFSTOR ANALYSISName of Unit:Byron, Unit 2Name of Licensee:EGC Signature: Shawn HarwellDate: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 2063$316,701,002$3,660,000N/A2.00%$319,338,422 2064$319,338,422$3,670,000N/A2.00%$322,018,490 2065$322,018,490$3,660,000N/A2.00%$324,762,260 2066$324,762,260$3,660,000N/A2.00%$327,560,905 2067$327,560,905$3,660,000N/A2.00%$330,415,523 2068$330,415,523$3,670,000N/A2.00%$333,317,134 2069$333,317,134$3,660,000N/A2.00%$336,286,877 2070$336,286,877$3,660,000N/A2.00%$339,316,014 2071$339,316,014$3,660,000N/A2.00%$342,405,734 2072$342,405,734$3,670,000N/A2.00%$345,547,149 2073$345,547,149$3,660,000N/A2.00%$348,761,492 2074$348,761,492$3,660,000N/A2.00%$352,040,122 2075$352,040,122$3,660,000N/A2.00%$355,384,324 2076$355,384,324$3,670,000N/A2.00%$358,785,311 2077$358,785,311$3,660,000N/A2.00%$362,264,417 2078$362,264,417$13,930,000N/A2.00%$355,440,405 2079$355,440,405$36,308,000N/A2.00%$325,878,134 2080$325,878,134$95,253,000N/A2.00%$236,190,166 2081$236,190,166$79,191,000N/A2.00%$160,931,060 2082$160,931,060$61,556,000N/A2.00%$101,978,121 2083$101,978,121$61,556,000N/A2.00%$41,846,123 2084$41,846,123$29,171,000N/A2.00%$13,220,336 2085$13,220,336$38,000N/A2.00%$13,446,362 2086$13,446,362$38,000N/A2.00%$13,676,910 2087$13,676,910$12,000N/A2.00%$13,938,328