ML112360130
| ML112360130 | |
| Person / Time | |
|---|---|
| Site: | Fermi  |
| 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: ML112360130 (5) | |
Text
Datasheet 1Signature: Michael Purdie and Jo Ann Simpson Date: 06/30/2011 Signature: Aaron L. Szabo
Date: 7/27/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 1 2% Owned:Category:100.00%1 3 47.00%6.00%1.00%N N Y Y N N 5 6Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 Detroit EdisonIf 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) 1 The amount of MFA estimated is based on a Bx value that uses Direct Disposal without the use of VendorsLicensee:$874,000,000Amount in Trust Fund:
NAny material changes to trust agreements? (Y/N)
NPost-RAI Rates Determined (Y/N)Y 1$968,000,000The 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$874,000,000 Real Rate of Return PUC Verified (Y/N)Total Trust Fund BalancePlant name:Fermi (Enrico) Atomic Power Plant, Unit 250-341RAI Needed (Y/N)PUC Verified (Y/N)providedDocket 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):
Escalation RateAllowed through Decom (Y/N)
Datasheet 2Signature: Michael Purdie and Jo Ann SimpsonDate: 06/30/2011 Signature: Aaron L. Szabo Date: 7/27/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:12 3BWR 3430$135,000,000111.32.080.652.321.676191.4114.23.049250.082.00.132.3070.2224.356% Owned:Category100.00%1 2%14.22See Annuity SheetSee Annuity Sheet 2%7 Bx Ex LxECIBase LxBase Px2010Year:Fermi (Enrico) Atomic Power Plant, Unit 2Docket Number:Date of Operation:Latest Month Fx$1,644,600,240Years remaining after annuity Px50-3412031Termination of Operations:2025 1986$DayBase FxPlant name:Value of Annuity per year (amount/See Annuity Sheet)Licensee:$967,014,283NRC Minimum:$967,014,283Trust Fund Balance:Step 1: FxSite Specific:Total Step 2:
15Years Left in LicenseN/AReal Rate of Return per yearDoes Licensee Pass:YESSee Total Step 2$122,264,242Total Earnings for Decom:Decom Period:Total Earnings:Real Rate of Return per yearLatest Month PxAmount of NRC Minimum/Site Specific:BWR/PWRMWthDetroit EdisonTotal Annuity:Step 3:$874,000,000Amount in Trust Fund:$486,343,871Total Earnings:$1,158,256,369Real Rate of Return per yearTotal of Steps 1 thru 3:see annuity sheetNumber of Annual Payments:Accumulation:Step 2:Earnings Credit:$874,000,000Decom Period:See Total Step 2Total AnnuityReal Rate of Return per yearTotal Fund Balance:$874,000,000Total Step 1 + Step 2$1,644,600,240 NOShortfall:YESDoes Licensee Pass:Does Licensee Pass:YES$1,766,864,483 Datasheet 2Signature: Michael Purdie and Jo Ann SimpsonDate: 06/30/2011 Signature: Aaron L. Szabo Date: 7/27/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:12 32010Year:Fermi (Enrico) Atomic Power Plant, Unit 2Docket Number:Date of Operation:50-3412031Termination of Operations:2025DayPlant name:2.00%14.22See Annuity SheetSee Annuity Sheet2.00%7Earnings Credit:Step 4:Shortfall:
NOReal Rate of Return per yearYears remaining after annuity$486,343,871Total AnnuityDoes Licensee Pass:Trust Fund Balance:Years Left in LicenseYES$122,264,242Total Step 5Total of Steps 4 thru 6:$1,766,864,483Does Licensee Pass:Total Earnings:N/A 15$1,644,600,240see annuity sheetSee Total Step 4Decom Period:Step 6:$1,644,600,240See Total Step 4Does Licensee Pass:Real Rate of Return per yearYESTotal Step 4 + Step 5Total Earnings for Decom:Decom Period:Real Rate of Return per yearAccumulation:Value of Annuity per year$874,000,000Total Annuity:Number of Annual Payments:Step 5:Real Rate of Return per yearTotal Earnings:$1,158,256,369YESIf licensee is granted greater than 2% RRR Datasheet 2Signature: Michael Purdie and Jo Ann SimpsonDate: 06/30/2011 Signature: Aaron L. Szabo Date: 7/27/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 3 20 2025YearAnnuity: 2011$28,000,000 2%$37,107,786 2012$28,000,000 2%$36,380,182 2013$28,000,000 2%$35,666,845 2014$28,000,000 2%$34,967,495 2015$28,000,000 2%$34,281,858 2016$28,000,000 2%$33,609,665 2017$28,000,000 2%$32,950,652 2018$28,000,000 2%$32,304,561 2019$28,000,000 2%$31,671,138 2020$28,000,000 2%$31,050,135 2021$28,000,000 2%$30,441,309 2022$28,000,000 2%$29,844,421 2023$28,000,000 2%$29,259,236 2024$28,000,000 2%$28,685,525 2025$28,000,000 2%$28,123,064Total:$486,343,871ANNUITYTotal AccumulationTermination of Operations:Real Rate of Return:
Datasheet 2Signature: Michael Purdie and Jo Ann SimpsonDate: 06/30/2011 Signature: Aaron L. Szabo Date: 7/27/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 3 20 2025ANNUITYTermination of Operations:YearAnnuity: 2009$02.00%$0 2010$02.00%$0 2011$28,000,0002.00%$37,107,786 2012$28,000,0002.00%$36,380,182 2013$28,000,0002.00%$35,666,845 2014$28,000,0002.00%$34,967,495 2015$28,000,0002.00%$34,281,858 2016$28,000,0002.00%$33,609,665 2017$28,000,0002.00%$32,950,652 2018$28,000,0002.00%$32,304,561 2019$28,000,0002.00%$31,671,138 2020$28,000,0002.00%$31,050,135 2021$28,000,0002.00%$30,441,309 2022$28,000,0002.00%$29,844,421 2023$28,000,0002.00%$29,259,236 2024$28,000,0002.00%$28,685,525 2025$28,000,0002.00%$28,123,064Total:$486,343,871If licensee is granted greater than 2% RRRReal Rate of Return:Total Accumulation