ML112380116
| ML112380116 | |
| Person / Time | |
|---|---|
| Site: | Susquehanna  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112380116 (5) | |
Text
Datasheet 1Signature: Michael Purdie and JoAnn SimpsonDate: 06/24/2011 Secondary Review: Kosmas Lois 6/29/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 1 2% Owned:Category: 90.00%2 10.00%1 3 4 2.00%2.00%N Y N 5 6Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 YAllegheny Electric CooperativePlant name:Susquehanna Steam Electric Station, Unit 150-387RAI Needed (Y/N)PUC Verified (Y/N)$23,812,636providedDocket 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) 1 Per PPL, the previous report credited collections and utilized inflation and earnings rates based on an order entered by the Pennsylvania PUC on 9/27/1995 at Docket No. R-00943271. The annual collections permitted under this order ceased at the end of 2009. In addition, the previous report provided an analysis crediting earnings through a SAFSTOR period, which is no longer necessary as the current funding is sufficient for immediate DECON.
$628,425,000The 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$315,993,924Real Rate of ReturnPUC Verified (Y/N)Rates Determined (Y/N)Per AEC, they have all required contracts in place from the 14 cooperatives that fund the trust fund.Licensee:$292,181,288Amount in Trust Fund:
NAny material changes to trust agreements? (Y/N)
Y 1Post-RAITotal Trust Fund BalancePPL Susquehanna, LLCIf 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)
Datasheet 2Signature: Michael Purdie and JoAnn SimpsonDate: 06/24/2011 Secondary Review: Kosmas Lois 6/29/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:12 7BWR 3952$135,000,000113.62.160.652.451.676191.4114.23.049250.082.00.132.3070.2212.54% Owned:Category90.00%210.00%1 2%31.54See Annuity SheetSee Annuity Sheet 2%7$748,479,284 NOShortfall:YESDoes Licensee Pass:Does Licensee Pass:YESTotal of Steps 1 thru 3:see annuity sheetNumber of Annual Payments:Accumulation:Step 2:Earnings Credit:$315,993,924Decom Period:See Total Step 2Total AnnuityReal Rate of Return per yearTotal Fund Balance:$315,993,924Total Step 1 + Step 2$696,685,695$51,793,589Total Earnings for Decom:Decom Period:Total Earnings:Real Rate of Return per yearLatest Month PxAmount of NRC Minimum/Site Specific:BWR/PWRMWthPPL Susquehanna, LLCAllegheny Electric Cooperative$62,825,176Total Annuity:Step 3:$23,812,636$292,181,288Amount in Trust Fund:$106,524,087Total Earnings:$590,161,608Real Rate of Return per year FxSite Specific:Total Step 2:Years Left in LicenseN/AReal Rate of Return per yearDoes Licensee Pass:
NOSee Total Step 2$696,685,695Years remaining after annuity Px50-3871731Termination of Operations:2042 1986$DayBase FxPlant name:Value of Annuity per year (amount/See Annuity Sheet)Licensee:$565,426,587NRC Minimum:$628,251,763Trust Fund Balance:Step 1: Bx Ex LxECIBase LxBase Px2010Year:Susquehanna Steam Electric Station, Unit 1Docket Number:Date of Operation:Latest Month Fx Datasheet 2Signature: Michael Purdie and JoAnn SimpsonDate: 06/24/2011 Secondary Review: Kosmas Lois 6/29/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:12 750-3871731Termination of Operations:2042DayPlant name:2010Year:Susquehanna Steam Electric Station, Unit 1Docket Number:Date of Operation:2.00%31.54See Annuity SheetSee Annuity Sheet2.00%7Real Rate of Return per yearAccumulation:Value of Annuity per year$315,993,924Total Annuity:Number of Annual Payments:Step 5:Real Rate of Return per yearTotal Earnings:$590,161,608 NOIf licensee is granted greater than 2% RRRYES$51,793,589Total Step 5Total of Steps 4 thru 6:$748,479,284Does Licensee Pass:Total Earnings:N/A 0$696,685,695see annuity sheetSee Total Step 4Decom Period:Step 6:$696,685,695See Total Step 4Does Licensee Pass:Real Rate of Return per yearYESTotal Step 4 + Step 5Total Earnings for Decom:Decom Period:Total AnnuityDoes Licensee Pass:Trust Fund Balance:Years Left in LicenseShortfall:
NOReal Rate of Return per yearYears remaining after annuity$106,524,087Earnings Credit:Step 4:
Datasheet 2Signature: Michael Purdie and JoAnn SimpsonDate: 06/24/2011 Signature: Kosmas LoisDate: 6/29/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 7 17 2042YearAnnuity: 2011$1,297,000 2%$2,422,400 2012$1,348,880 2%$2,469,899 2013$1,402,835 2%$2,518,328 2014$1,458,949 2%$2,567,708 2015$1,571,307 2%$2,711,230 2016$1,577,999 2%$2,669,389 2017$1,641,119 2%$2,721,730 2018$1,706,764 2%$2,775,097 2019$1,775,034 2%$2,829,510 2020$1,846,035 2%$2,884,990 2021$1,919,877 2%$2,941,560 2022$1,996,672 2%$2,999,237 2023$2,076,539 2%$3,058,046 2024$2,159,600 2%$3,118,007 2025$2,245,984 2%$3,179,144 2026$2,335,824 2%$3,241,481 2027$2,429,257 2%$3,305,040 2028$2,526,427 2%$3,369,844 2029$2,627,484 2%$3,435,919 2030$2,732,583 2%$3,503,290 2031$2,841,887 2%$3,571,983 2032$2,955,562 2%$3,642,021 2033$3,073,785 2%$3,713,434 2034$3,196,736 2%$3,786,246 2035$3,324,606 2%$3,860,486 2036$3,457,590 2%$3,936,182 2037$3,595,893 2%$4,013,361 2038$3,739,729 2%$4,092,055 2039$3,889,318 2%$4,172,291 2040$4,044,891 2%$4,254,101 2041$4,206,687 2%$4,337,515 2042$4,374,954 2%$4,422,564Total:$106,524,087ANNUITYTotal AccumulationTermination of Operations:Real Rate of Return:
Datasheet 2Signature: Michael Purdie and JoAnn SimpsonDate: 06/24/2011 Signature: Kosmas LoisDate: 6/29/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 7 17 2042ANNUITYTermination of Operations:YearAnnuity: 2011$1,297,0002.00%$2,422,400 2012$1,348,8802.00%$2,469,899 2013$1,402,8352.00%$2,518,328 2014$1,458,9492.00%$2,567,708 2015$1,571,3072.00%$2,711,230 2016$1,577,9992.00%$2,669,389 2017$1,641,1192.00%$2,721,730 2018$1,706,7642.00%$2,775,097 2019$1,775,0342.00%$2,829,510 2020$1,846,0352.00%$2,884,990 2021$1,919,8772.00%$2,941,560 2022$1,996,6722.00%$2,999,237 2023$2,076,5392.00%$3,058,046 2024$2,159,6002.00%$3,118,007 2025$2,245,9842.00%$3,179,144 2026$2,335,8242.00%$3,241,481 2027$2,429,2572.00%$3,305,040 2028$2,526,4272.00%$3,369,844 2029$2,627,4842.00%$3,435,919 2030$2,732,5832.00%$3,503,290 2031$2,841,8872.00%$3,571,983 2032$2,955,5622.00%$3,642,021 2033$3,073,7852.00%$3,713,434 2034$3,196,7362.00%$3,786,246 2035$3,324,6062.00%$3,860,486 2036$3,457,5902.00%$3,936,182 2037$3,595,8932.00%$4,013,361 2038$3,739,7292.00%$4,092,055 2039$3,889,3182.00%$4,172,291 2040$4,044,8912.00%$4,254,101 2041$4,206,6872.00%$4,337,515 2042$4,374,9542.00%$4,422,564Total:$106,524,087If licensee is granted greater than 2% RRRReal Rate of Return:Total Accumulation