ML13084A374
| ML13084A374 | |
| Person / Time | |
|---|---|
| Site: | Beaver Valley, Davis Besse, Perry |
| Issue date: | 03/25/2013 |
| From: | Halnon G H FirstEnergy Nuclear Operating Co |
| To: | Office of Nuclear Reactor Regulation, Document Control Desk |
| References | |
| L-13-033 | |
| Download: ML13084A374 (13) | |
Text
76 South Main StreetAkron, Ohio 44308 FirstEnergy Nuclear Operating Company March 25,2013 L-13-033 ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555-000110 cFR 50.75
SUBJECT:
Beaver Valley Power Station, Unit Nos. 1 and 2Docket No. 50-334, License No. DPR-66Docket No. 50-412, License No. NPF-73Davis-Besse Nuclear Power StationDocket No.50-346, License No. NPF-3Perry Nuclear Power PlantDocket No. 50440, License No. NPF-58Submittal of the Decommissioninq Fundinq Status Reports for Beaver Vallev PowerStation. Unit Nos. 1 and 2, Davis-Besse Nuclear Power Station. and Perrv NuclearPower Plant Pursuant to 10 CFR 50.75(0(1), the FirstEnergy Nuclear Operating Company, on behalfof the FirstEnergy Corp., is submifting the enclosed decommissioning funding statusreports for the Beaver Valley Power Station, Unit Nos. 1 and 2, the Davis-Besse Nuclear Power Station, and the Perry Nuclear Power Plant for the year endingDecember 31
.2012.There are no regulatory commitments contained in this letter. lf there are any questions, orif additional information is required, please contact Mr. Thomas A. Lentz, Manager - FleetLicensing, at (330) 315-6810.Sincerely,Greqolot H."HalnonDirector, Fleet Regulatory Affairs Beaver Valley Power Station, Unit Nos. 1 and 2 Davis-Besse Nuclear Power Station Perry Nuclear Power Plant L-13-033Page 2 Attachments:1. Decommissioning Funding Status Report - Beaver Valley Power Station, Unit No. 12. Decommissioning Funding Status Report - Beaver Valley Power Station, Unit No. 2 3. Decommissioning Funding Status Report - Davis-Besse Nuclear Power Station 4. Decommissioning Funding Status Report - Perry Nuclear Power Plantcc: NRC Region I AdministratorNRC Region lll Administrator NRC Resident Inspector (Beaver Valley)NRC Resident lnspector (Davis-Besse)
NRC Resident Inspector (Perry)NRC Project Manager (Beaver Valley)NRC Project Manager (Davis-Besse)NRC Project Manager (Perry)Director BRP/DEPSite BRP/DEP RepresentativeUtility Radiological Safety Board Attachment 1 L-13-033 Decommissioning Funding Status Report - Beaver Valley Power Station, Unit No. 1 Page 1 of 3 This report reflects FirstEnergy Corp.'s consolidated share of ownership interest in Beaver Valley Power Station, Unit No. 1, as of December 31,2012.1 . The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75(b) and (c)(see Schedule 1):FirstEnergy Nuclear Generation, LLC$507,927,560
- 2. The amount accumulated in external trustfunds as of December 31,2012:FirstEnergy Nuclear Generation, LLC After Tax$250,932,980
- 3. A schedule of the annual amounts over the number of years remaining to becollected from ratepayers:
Amount Remaining Number of years to collect4. The assumptions used regarding rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections:
$0 0Consolidated Ownership Interest in Unit"Real" Rate of Return through Dismantlement Year of Final Dismantlement Year of License Termination 100o/o 2.00o/o 2043 2036 5.6.7.There are no contracts upon which the owners/licensees are relying pursuant to 10 cFR 50.75(eX1)(v).
There has been no modification to the current method of providing decommissioning funding assurance since the last submitted report.There have been no material changes to the applicable trust agreement(s) since the last submitted report.
Attachment 1 L-13-033 Page 2 of 3 8. FirstEnergy Nuclear Operating Company (FENOC) recognizes that a shortfall existsfor FirstEnergy Nuclear Generation, LLC, when the existing trust balances and assumed earnings are compared with the NRC formula amount calculated in ltem 1,above. When the Beaver Valley Power Station, Unit No. 1, portion of an existing
$95 million Parent Guarantee is included in the calculation, the remaining shortfall is$14, 112,255. To resolve the shortfall, FENOC will obtain a Parent Guarantee inaccordance with 10 CFR 50.75(b)(2) and (bX3) within 90 days of the date of this submittal.
- 9. Mathematical rounding was performed during the development of the supporting calculations.
Attachment 1 L-13-033 Page 3 of 3 Schedule 1 FIRSTENERGY CORP.Calculation of Minimum Financial Assurance Amount December 31 , 2012 BEAVER VALLEY POWER STATION, UNIT NO. 1 Pennsvlvania Reqions Labor (L) = Northeast Energy (E) = NationalWaste Burial (B) = Generic For PWR Unit Adjustment Factor'Escalation Factof Ratio l_=f=
$=2.547 2.632 13.885 0.65 0.1 3 0.22 1.656 0.342 3.055 PWR Escalation Factor =5.053 Base Amount for PWR between 1200 MWt and 3400 MWt = ($75m + 0.0088P)(P = power level in megawatts thermal = 2900)($ZS + 0.0088(2900)) million
=Escalated Amount for unit2
=100,520,000 x Owner/Licensee FirstEnergy NuclearGeneration, LLC 5.053 Ownership 100.00% $507,927,560
$100,520,000
$507,927,560Note 1: Actual fourth quarter 2012 Bureau of Labor Statistics data used to develop Labor factor, actual December 2012 Bureau of Labor Statistics data used to develop Energy factor, and Burial factor is based on NUREG-1307, "Report on Waste Burial Charges: Changes in Decommissioning Waste Disposal Costs at Low-Level Waste Burial Facilities," Revision 15 data.Note 2: Mathematical rounding was performed during the development of the supporting calculations.
Attachm ent 2 L-13-033 Decommissioning Funding Status Report - Beaver Valley Power Station, Unit No. 2 Page 1 of 3 This report reflects FirstEnergy Corp.'s consolidated share of ownership interest inBeaver Valley Power Station, Unit No. 2, as of December 31 ,2012.1 . The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75(b) and (c)(see Schedule 1):Ohio Edison CompanyThe Toledo Edison CompanyFirstEnergy Nuclear Generation, LLCFirstE nergy Consolidated2. The amount accumulated in external trustfunds as of December 31,2012:$1 10,017 ,110 92,747,572 305,162,878
$507,927,560 After-Tax$ 75,574,753 86,826,422 157,794330
$320,196,005 Ohio Edison CompanyThe Toledo Edison CompanyFirstEnergy Nuclear Generation, LLCF irstEnergy Consol idated 3. A schedule of the annual amounts over the number of years remaining to be collected from ratepayers:
Amount Remaining Number of years to collect
- 4. The assumptions used regarding rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections:
$0 0Consolidated Ownership Interest in Unit"Real" Rate of Return through Dismantlement Year of Final DismantlementYear of License Termination 100o/o 2.0Ao/o 2054 2047 5.6.There are no contracts upon which the owners/licensees are relying pursuant to 10 CFR 50.75(eX1Xv).
There has been no modification to the current method of providing decommissioning funding assurance since the last submitted report.
Attachment 2 L-13-033 Page 2 of 3 7. There have been no material changes to the applicable trust agreement(s) since the last submitted report.
- 8. Mathematical rounding was performed during the development of the supporting calculations.
Attachment 2 L-13-033 Page 3 of 3 Schedule 1 FIRSTENERGY CORP.Calculation of Minimum Financial Assurance AmountDecember 31, 2012BEAVER VALLEY POWER STATION, UNIT NO. 2 Pennsvlvania Regions Labor (L) = Northeast Energy (E) = National Waste Burial (B) = GenericFor PWR Unit Adjustment Factor'Escalation Factof Ratio[=f=$=2.547 2.632 13.885 5.053 Ownership 21.660/o 18.260/o 60.08%0.650.1 3 0.22$1 10,017 ,110$92,747,572
$100,520,000 1.656 0.342 3.055PWR Escalation Factor =5.053Base Amount for PWR between 1200 MWt and 3400 MWt = ($75m + 0.0088P)(P = power level in megawatts thermal
= 2900)($ZS + 0.0088(2900))
million =Escalated Amount for unit2=
100,520,000 x Owner/Licensee ffipany2The Toledo Edison Company2FirstEnergy Nuclear Generation, LLC'Total FirstEnergy Consolidated2
$507,927,560
$305,162,878
$507,927,560 Note 1: Actual fourth quarter 2012 Bureau of Labor Statistics data used to develop Labor factor, actual December 2012 Bureau of Labor Statistics data used to develop Energy factor, and Burial factor is based on NUREG-1307, "Report on Waste Burial Charges: Changes in Decommissioning Waste Disposal Costs at Low-Level Waste Burial Facilities," Revision 15 data.Note 2: Mathematical rounding was performed during the development of the supporting calculations.
Attachment 3 L-13-033 Decommissioning Funding Status Report - Davis-Besse Nuclear Power StationPage 1 of 2 This report reflects FirstEnergy Corp.'s consolidated share of ownership interest in Davis-Besse Nuclear Power Station as of December 31,2012.1 . The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75(b) and (c)(see Schedule 1):FirstEnergy Nuclear Generation, LLC$495,355,574
- 2. The amount accumulated in external trust funds as of December 31 ,2A12:FirstEnergy Nuclear Generation, LLC After-Tax$478,270,6923. A schedule of the annual amounts over the number of years remaining to be collected from ratepayers:
Amount Remaining Number of years to collect
- 4. The assumptions used regarding rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections:
$0 0 Consolidated Ownership Interest in Unit"Real" Rate of Return through Dismantlement Year of Final DismantlementYear of License Termination 100%2.00o/o 2024 2017 5.6.There are no contracts upon which the owners/licensees are relying pursuant to 10 CFR 50.75(eX1Xv).There has been no modification to the current method of providing decommissioningfunding assurance since the last submitted report.There have been no material changes to the applicable trust agreement(s) since the last submitted report.
Mathematical rounding was performed during the development of the supporting calculations.
7.8. Attachment
3 L-13-033 Page 2 of 2 Schedule 1FIRSTENERGY CORP.Calculation of Minimum Financial Assurance AmountDecember 31 , 2012DAVIS.BESSE NUCLEAR POWER STATIONOhio Rgqions Labor (L) = Midwest Energy (E) = National Waste Burial (B) = GenericFor PWR Unit Adjustment Factor'Escalation Factof Ratio l_=f=
$=2.411 2.632 13.885 4.964 0.65 0.13 0.22 1.567 0.342 3.055 PWR Escalation Factor =4.964 Base Amountfor PWR between 1200 MWt and 3400 MWt = ($75m + 0.0088P)(P = power level in megawatts thermal = 2817)$ 99,789,600
($ZS + 0.0088(2817))
million =Escalated Amount for unit2 =99,789,600 x Owner/Licensee FirstEnergy Nuclear Generation, LLC$495,355,574 Ownership 100.00% $495,355,574Note 1: Actual fourth quarter 2012 Bureau of Labor Statistics data used to develop Labor factor, actual December 2012 Bureau of Labor Statistics data used to develop Energy factor, and Burial factor is based on NUREG-1307, "Report on Waste Burial Charges:
Changes in Decommissioning Waste Disposal Costs at Low-Level Waste Burial Facilities," Revision 15 data.Note 2: Mathematical rounding was performed during the development of the supporting calculations.
Attachment 4 L-13-033 Decommissioning Funding Status Report - Perry Nuclear Power PlantPage 1 of 3This report reflects FirstEnergy Corp.'s consolidated share of ownership interest inPerry Nuclear Power Plant as of December 31 , 2012.1 . The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75(b) and (c)(see Schedule 1):Ohio Edison CompanyFirstEnergy Nuclear Generation, LLCFi rstEnergy Consolidated2. The amount accumulated in external trust funds as of December 31,2012:Ohio Edison Company FirstEnergy Nuclear Generation, LLCFirstEnergy Consolidated
$ 85,492,422 594,097,578 After-Tax$ 65,1 64,574 397,213.503
$462,378,W7
- 3. A schedule of the annual amounts over the number of years remaining to becollected from ratepayers:
Amount Remaining Number of years to collect4. The assumptions used regarding rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections:
$0 0Consolidated Ownership Interest in Unit"Real" Rate of Return through Dismantlement Year of Final Dismantlement Year of License Termination 100%2.00%2033 2026 5.6.There are no contracts upon which the owners/ficensees are relying pursuant to 10 CFR 50.75(eX1Xv).
There has been no modification to the current method of providing decommissioning funding assurance since the last submitted report.There have been no material changes to the applicable trust agreement(s) since the last submitted report.7.
Attachment 4 L-13-033 Page 2 of 3 8.FirstEnergy Nuclear Operating Company (FENOC) recognizes that a shortfall exists for FirstEnergy Nuclear Generation, LLC, when the existing trust balances and assumed earnings are compared with the NRC formula amount calculated in ltem 1, above. When the Perry Nuclear Power Plant portion of an existing
$95 million Parent Guarantee is included in the calculation, the remaining shortfall is$12,319,654. To resolve the shortfall, FENOC will obtain a Parent Guarantee in accordance with 10 CFR 50.75(bX2) and (bX3) within 90 days of the date of this submittal.
Mathematical rounding was performed during the development of the supporting calculations.
- 9.
Attachment 4 L-13-033 Page 3 of 3 Schedule 1 FIRSTENERGY CORP.Calculation of Minimum Financial Assurance Amount December 31, 2012 PERRY NUCLEAR POWER PLANT Ohio Resions Labor (L) = Midwest Energy (E) = National Waste Burial (B) = Generic For BWR Unit Adjustment Factor'Escalation Factof 2.411 2.705 1 4.1 60 BWR Escalation Factor =Base Amount for BWR greater than 3400 MWt =l_=S=0.65 0.13 0.22 1.567 0.352 3.1 15 5.034$135,000,000Escalated Amount for unit2 =135,000,000 x Owner/Licensee Ohio Edison Company FirstEnergy Nuclear Generation, LLCTotal FirstEnergy Consolidated 5.034 Ownership 12.58o/o 87.42%$679,590,000
$ 85,492,422
$594,097,578
$679,590,000Note 1: Actual fourth quarter 2012 Bureau of Labor Statistics data used to develop Labor factor, actual December 2012 Bureau of Labor Statistics data used to develop Energy factor, and Burial factor is based on NUREG-1307, "Report on Waste Burial Charges: Changes in Decommissioning Waste Disposal Costs at Low-Level Waste Burial Facilities," Revision 15 data.Note 2: Mathematical rounding was performed during the development of the supporting calculations.