ML112351245
| ML112351245 | |
| Person / Time | |
|---|---|
| Site: | Byron  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112351245 (5) | |
Text
Datasheet 1 Plant name: Byron Station, Unit 2 Docket Number: 50-455 1
1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $477,516,000 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 100.00% 2 $244,915,000 Company, LLC Total Trust Fund Balance $244,915,000 3 Schedule of the annual amounts remaining to be collected: (provided/none) none 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Post-RAI Rate of Rate(s) of PUC RAI PUC Allowed Rates Escalation Real Rate Allowed through Decom Return on Other Verified Needed Verified through Determined Rate of Return (Y/N)
Earnings Factors (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) 2.00%
5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) Y2 7 Any material changes to trust agreements? (Y/N) N If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below) 1 Licensee calculated MFA higher than NRC calculations. Justification, including factors used, were provided to NRC for review. No further review required.
2 Removed Parent Company Guarantee. Financial assurance is provided by a prepayment method, coupled with an external trust fund. No further review required.
Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Byron Station, Unit 2 Docket Number: 50-455 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 11 6 2026 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 3586 $105,000,000 111.3 2.08 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28 NRC Minimum: $472,417,086 Site Specific: $656,548,000 Amount of NRC Minimum/Site Licensee: % Owned: Category Specific: Amount in Trust Fund:
Exelon Generation 100.00% 2 $656,548,000 $244,915,000 Company, LLC Total Fund Balance: $244,915,000 Step 1:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$244,915,000 2% 15.85 $335,206,475 NO 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% 15.85 $0 Total Step 1 + Step 2 Does Licensee Pass:
$335,206,475 NO Step 3:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$335,206,475 2% 7 $24,920,199 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:
$360,126,674 NO ($296,421,326)
Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Byron Station, Unit 2 Docket Number: 50-455 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 11 6 2026 If licensee is granted greater than 2% RRR Step 4:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$244,915,000 2.00% 15.85 $335,206,475 NO Step 5:
Accumulation:
Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:
$0 2.00% 0 $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5
$0 2.00% 15.85 $0 Total Step 4 + Step 5 Does Licensee Pass:
$335,206,475 NO Step 6:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$335,206,475 2.00% 7 $24,920,199 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:
$360,126,674 NO ($296,421,326)
Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011 Formulas verified by: Clayton Pittiglio
SAFSTOR ANALYSIS Name of Unit: Byron, Unit 2 Name of Licensee: EGC Date of Termination of Operations 11 6 2026 End of Operations Balance: $335,206,475 Operating Life Real Rate of Return: 2.00%
Decommissioning Real Rate of Return: 2.00%
Expense Per Year End of Year Beginning Trust Fund Real Rate Year Trust Fund Balance Cost in 2010 dollars Spent Fuel of Return Balance 2026 $334,176,580 $7,778,000 N/A 2.00% $333,004,332 2027 $333,004,332 $57,569,000 N/A 2.00% $281,519,729 2028 $281,519,729 $34,472,000 N/A 2.00% $252,333,403 2029 $252,333,403 $3,682,000 N/A 2.00% $253,661,251 2030 $253,661,251 $3,682,000 N/A 2.00% $255,015,656 2031 $255,015,656 $3,682,000 N/A 2.00% $256,397,149 2032 $256,397,149 $3,686,000 N/A 2.00% $257,802,232 2033 $257,802,232 $3,673,000 N/A 2.00% $259,248,547 2034 $259,248,547 $3,673,000 N/A 2.00% $260,723,788 2035 $260,723,788 $3,673,000 N/A 2.00% $262,228,534 2036 $262,228,534 $3,683,000 N/A 2.00% $263,753,274 2037 $263,753,274 $3,673,000 N/A 2.00% $265,318,610 2038 $265,318,610 $3,673,000 N/A 2.00% $266,915,252 2039 $266,915,252 $3,673,000 N/A 2.00% $268,543,827 2040 $268,543,827 $3,683,000 N/A 2.00% $270,194,874 2041 $270,194,874 $3,673,000 N/A 2.00% $271,889,041 2042 $271,889,041 $3,673,000 N/A 2.00% $273,617,092 2043 $273,617,092 $3,660,000 N/A 2.00% $275,392,834 2044 $275,392,834 $3,670,000 N/A 2.00% $277,193,990 2045 $277,193,990 $3,660,000 N/A 2.00% $279,041,270 2046 $279,041,270 $3,660,000 N/A 2.00% $280,925,496 2047 $280,925,496 $3,660,000 N/A 2.00% $282,847,406 2048 $282,847,406 $3,670,000 N/A 2.00% $284,797,654 2049 $284,797,654 $3,660,000 N/A 2.00% $286,797,007 2050 $286,797,007 $3,660,000 N/A 2.00% $288,836,347 2051 $288,836,347 $3,660,000 N/A 2.00% $290,916,474 2052 $290,916,474 $3,670,000 N/A 2.00% $293,028,103 2053 $293,028,103 $3,660,000 N/A 2.00% $295,192,065 2054 $295,192,065 $3,660,000 N/A 2.00% $297,399,307 2055 $297,399,307 $3,660,000 N/A 2.00% $299,650,693 2056 $299,650,693 $3,670,000 N/A 2.00% $301,937,007 2057 $301,937,007 $3,660,000 N/A 2.00% $304,279,147 2058 $304,279,147 $3,660,000 N/A 2.00% $306,668,130 2059 $306,668,130 $3,660,000 N/A 2.00% $309,104,892 2060 $309,104,892 $3,670,000 N/A 2.00% $311,580,290 2061 $311,580,290 $3,660,000 N/A 2.00% $314,115,296 2062 $314,115,296 $3,660,000 N/A 2.00% $316,701,002 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011
2063 $316,701,002 $3,660,000 N/A 2.00% $319,338,422 2064 $319,338,422 $3,670,000 N/A 2.00% $322,018,490 2065 $322,018,490 $3,660,000 N/A 2.00% $324,762,260 2066 $324,762,260 $3,660,000 N/A 2.00% $327,560,905 2067 $327,560,905 $3,660,000 N/A 2.00% $330,415,523 2068 $330,415,523 $3,670,000 N/A 2.00% $333,317,134 2069 $333,317,134 $3,660,000 N/A 2.00% $336,286,877 2070 $336,286,877 $3,660,000 N/A 2.00% $339,316,014 2071 $339,316,014 $3,660,000 N/A 2.00% $342,405,734 2072 $342,405,734 $3,670,000 N/A 2.00% $345,547,149 2073 $345,547,149 $3,660,000 N/A 2.00% $348,761,492 2074 $348,761,492 $3,660,000 N/A 2.00% $352,040,122 2075 $352,040,122 $3,660,000 N/A 2.00% $355,384,324 2076 $355,384,324 $3,670,000 N/A 2.00% $358,785,311 2077 $358,785,311 $3,660,000 N/A 2.00% $362,264,417 2078 $362,264,417 $13,930,000 N/A 2.00% $355,440,405 2079 $355,440,405 $36,308,000 N/A 2.00% $325,878,134 2080 $325,878,134 $95,253,000 N/A 2.00% $236,190,166 2081 $236,190,166 $79,191,000 N/A 2.00% $160,931,060 2082 $160,931,060 $61,556,000 N/A 2.00% $101,978,121 2083 $101,978,121 $61,556,000 N/A 2.00% $41,846,123 2084 $41,846,123 $29,171,000 N/A 2.00% $13,220,336 2085 $13,220,336 $38,000 N/A 2.00% $13,446,362 2086 $13,446,362 $38,000 N/A 2.00% $13,676,910 2087 $13,676,910 $12,000 N/A 2.00% $13,938,328 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011