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Category:Letter
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2024-01-09
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Text
Krishna P. Singh Technology Campus, 1 Holtec Blvd., Camden, NJ 08104 Telephone (856) 797-0900 Fax (856) 797-0909 10 CFR 50.54(w)
September 15, 2020 U.S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, D.C. 20555 Oyster Creek Nuclear Generating Station Renewed Facility Operating License No. DPR-16 NRC Docket No. 50-219
Subject:
Oyster Creek Nuclear Onsite Property Damage Insurance
References:
[1] Letter from Andrea L. Sterdis, (Holtec Decommissioning International, LLC) to U.S. Nuclear Regulatory Commission, Nuclear Onsite Property Insurance (10 CFR 50.54(w)(3)), dated April 1, 2020 (ADAMS Accession No. ML20092N433)
[2] Letter from Andrea L. Sterdis, (Holtec Decommissioning International, LLC) to U.S. Nuclear Regulatory Commission, Report on Status of Decommissioning Funding for Reactors and Independent Spent Fuel Storage Installations, dated March 31, 2020 (ADAMS Accession No. ML20091M858)
In Reference 1, Holtec Decommissioning International, LLC (HDI) submitted the required annual report in accordance with 10 CFR 50.54(w)(3) to document the current levels and sources of onsite property damage insurance. HDI is providing this courtesy notification to the NRC to communicate that the required financial protection for the Oyster Creek site is being transitioned to a combination of insurance and Nuclear Decommissioning Trust (NDT) excess funds as shown in Reference 2. Initially, Midlantic Equity Insurance Company (MEIC) will cover the first
$20M of the $50M currently required.
The identified coverage provided by the insurance and the NDT excess funds provide the financial protection required in 10 CFR 50.54(w).
There are no regulatory commitments contained within this letter.
If you have any questions, please contact me at (856) 797-0900 x 3813.
Sincerely, Digitally signed by Andrea L. Sterdis Andrea L. DN: cn=Andrea L. Sterdis, c=US, o=HDI, ou=Holtec Decommissioning International, Sterdis email=andrea.sterdis@holtec.com Date: 2020.09.15 15:48:45 -04'00' Andrea L. Sterdis HDI VP, Regulatory and Environmental Affairs Holtec Decommissioning International, LLC HDI-OC-20-076
Krishna P. Singh Technology Campus, 1 Holtec Blvd., Camden, NJ 08104 Telephone (856) 797-0900 Fax (856) 797-0909 cc:
- NRC Regional AdministratorRegion I
- NRC NMSS Project Manager (Oyster Creek Nuclear Generating Station)
- New Jersey Bureau of Nuclear Engineering, Assistant Director Radiation Protection Element