ML20196K783

Forwards Decommissioning Funding Status Rept for Monticello & Prairie Island Nuclear Generating Plants,Per Requirements of 10CFR50.75(f)(1)

ML20196K783
Person / Time
Site:	Monticello, Prairie Island
Issue date:	03/31/1999
From:	Richard Anderson NORTHERN STATES POWER CO.
To:	Wood R NRC, NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
NUDOCS 9904060148
Download: ML20196K783 (4)

Text

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Northern States Power Company 414 Nicollet Mall (RS-8)

Minneapolis. MN 55401-1927 Telephone (612) 330-5500 March 31,1999 10 CFR 50.75 U. S. Nuclear Regulatory Commission Attn: Document Control Desk Mail Stop OP1-17 Washington, DC 20555 U. S. Nuclear Regulatory Commission Attn: Robert Wood Mail Stop 011-17 Washington, DC 20555 MONTICELLO NUCLEAR GENERATING PLANT Docket No. 50-263 License No. DPR-22 PRAIRIE ISLAND NUCLEAR GENERATING PLANT Docket Nos. 50-282 License Nos. DPR-42 50-306 DPR-60

Subject:

Decommissioning Funding Status Report This Decommissioning Funding Status Report is being submitted pursuant to 10 CFR 50.75(f)(1) for the Monticello and Prairie Island Nuclear Generating Plants.

If you should have any questions concerning the information contained in Attachment A, please contact Don Pedersen (612-330-6570).

Sin erely, th m~

1. jR r O. Anderson Director, Nuclear Energy Engineering I

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Regional Administrator-lli, NRC

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NRR Project Manager (Monticello), NRC NRR Project Manager (Prairie Island), NRC Resident inspector (Monticello), NRC l

Resident inspector (Prairie Island), NRC

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State of Minnesota, Attn: Steve Minn lhO#

06068ff'8 ER" IAS Ehe,}

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Attachm:nt A Page 1 of 3 Northern States Power Company Monticello Generating Plant NRC Decommissioning Funding Status Report March 31,1999 As provided in 10 CFR 50.75(f)(1), each power reactor licensee is required to report to the NRC on a calendar year basis beginning March 31,1999, and every two years thereafter on the status of its decommissioning funding for each reactor or share of reactor it owns.

1. The minimum decommissioning fund estimate pursuant to 10 CFR 50.75(b) and (c).

$318.6m

2. The amount accumulated at the end of the calendar year preceding the date of the report.

Internal

$93,966,298 External $162,800,678 Total $256,766,976

3. A schedule of the annual amounts remaining to be collected.

AnnualAnnuity

$11,441,448 Numberof Years to Collect 11.7

4. The assumptions used regarding escalation in decommissioning cost, rates of earnings on Escalation Factor 4.5%

decommissioning funds, and rates of other factors used in funding projects.

Extema/ Fund Rate ofEamings 6%

5. Any contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v).

None

6. Any mos stions to a licensee's current method providing financial assurance occurring since the last submitted report.

None

7. Any material changes to trust agreements.

None

Attichment A Page 2 of 3 Northem States Power Company Prairie Island Unit 1 Generating Plant NRC Decommissioning Funding Status Report March 31,1999 As provided in 10 CFR 50.75(f)(1), each power reactor licensee is required to report to the NRC on a calendar year basis beginning March 31,1999, and every two years thereafter on the status of its decommissioning funding for each reactor or share of reactor it owns.

1. The minimum decommissioning fund estimate pursuant to 10 CFR 50.75(b) and (c).

$242.0m

2. The amount accumulated at the end of the calender year preceding the date of the report.

Intemal

$60,785,716 External $140,802,781 Total $201,588,497

3. A schedule of the annual amounts remaining l

to be collected.

Annual Annuity

$10,823,148 Numberof Years to Collect 9,7 l

4. The assumptions used regarding escalation in l

decommissioning cost, rates of earnings on Escalation Factor 4.5%

l decommissioning funds, and rates of other l

factors used in funding projects.

ExtemalFund Rate l

ofEamings 6%

l

5. Any contracts upon which the licensee is

{

l relying pursuant to 10 CFR 50.75(e)(1)(v).

None l

6. Any modifications to a licensee's current method providing financial assurance

~

occurring since the last submitted report.

None r

7. Any material changes to trust agreements.

None

V l

l Attachm:nt A l

l Page 3 of 3 l

Northern States Power Company Prairie Island Unit 2 Generating Plant NRC Decommissioning Funding Status Report March 31,1999 l

As provided in 10 CFR 50.75(f)(1), each power reactor licensee is required to report to the NRC on a calendar year basis beginning March 31,1999, and every two years thereafter on the status of its decommissioning funding for each reactor or share of reactor it owns.

1. The minimum decommissioning fund estimate pursuant to 10 CFR 50.75(b) and (c).

$242.0m

2. The amount accumulated at the end of the calendar year preceding the date of the report.

Internal

$52,773,316 I

External $135,377,726 Total $188,151,042 l

3. A schedule of the annual amounts remaining to be collected.

AnnualAnnuity

$10,913,412 Numberof Years to CoIIect 9_7

4. The assumptions used regarding escalation in decommissioning cost, rates of earnings on Escalation Factor 4.5%

decommissioning funds, and rates of other factors used in funding projects.

Extema/ Fund Rate ofEamings 3%

5. Any contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v).

Noe

6. Any modifications to a licensee's current method providing financial assurance occurring since the last submitted report.

None 1

7. Any material changes to trust agreements.

None 1

j