ML112371784
| ML112371784 | |
| Person / Time | |
|---|---|
| Site: | Peach Bottom  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112371784 (3) | |
Text
Datasheet 1 Plant name: Peach Bottom Atomic Power Station, Unit 3 Docket Number: 50-278 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c):1 $266,283,847 Did the licensee identify the amount of estimated radiological funds? (Y/N) Y 2 The total amount of dollars accumulated at the end of the appropriate year: (see below)
Licensee: % Owned: Category: Amount in Trust Fund:
Exelon Generation 50.00% 1 $176,000,000 Company, LLC PSEG 50.00% 1 $215,347,000 Total Trust Fund Balance $391,347,000 3 Schedule of the annual amounts remaining to be collected: (provided/none) none 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Post-RAI Rate of Rate(s) of PUC RAI PUC Allowed Rates Escalation Real Rate Allowed through Decom Return on Other Verified Needed Verified through Determined Rate of Return (Y/N)
Earnings Factors (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) 2 variable2 variable N N Y Y N Y 5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) Y3 7 Any material changes to trust agreements? (Y/N) N If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below) 1 Licensee calculated MFA higher than NRC calculations. Justification, including factors used, were provided to NRC for review. No further review required.
2 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission 3
EGC- Financial assurance provided by external sinking fund coupled with an external trust fund. No further review required.
Signature: Shawn Harwell Date: 8/5/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/16/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Peach Bottom Atomic Power Station, Unit 3 Docket Number: 50-278 Month: Day Year:
Date of Operation: 1 1 2007 Termination of Operations: 7 2 2032 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx BWR 3514 $135,000,000 113.6 2.16 0.65 2.45 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.307 0.22 12.54 NRC Minimum: $628,251,763 Site Specific:
Amount of NRC Minimum/Site Licensee: % Owned: Category Specific: Amount in Trust Fund:
Exelon Generation 50.00% 1 $314,125,882 $176,000,000 Company, LLC PSEG 50.00% 1 $314,125,882 $215,347,000 Total Fund Balance: $391,347,000 Step 1:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$391,347,000 2% 25.50 $648,470,092 YES Step 2:
Accumulation:
Value of Annuity per year (amount/See Annuity Real Rate of Return Number of Annual Sheet) per year Payments: Total Annuity:
2% $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 2:
$0 2% 25.50 $0 Total Step 1 + Step 2 Does Licensee Pass:
$648,470,092 YES Step 3:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$648,470,092 2% 7 $48,209,104 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:
$696,679,197 YES NO Signature: Shawn Harwell Date: 8/5/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/16/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Peach Bottom Atomic Power Station, Unit 3 Docket Number: 50-278 Month: Day Year:
Date of Operation: 1 1 2007 Termination of Operations: 7 2 2032 If licensee is granted greater than 2% RRR Step 4:
Earnings Credit:
Real Rate Years Licensees: Trust Fund Balance: of Return Left in Total Earnings: Does Licensee Pass:
Exelon Generation Co $176,000,000 3.00% 25.50 $730,856,375 YES PSEG $215,347,000 2.00%
Step 5:
Accumulation:
Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:
$0 3.00% 0 $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5
$0 3.00% 25.50 $0 Total Step 4 + Step 5 Does Licensee Pass:
$730,856,375 YES Step 6:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$730,856,375 2.00% 7 $54,333,934 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:
$785,190,309 YES NO Signature: Shawn Harwell Date: 8/5/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/16/2011 Formulas verified by: Clayton Pittiglio