ML18033B158
ML18033B158 | |
Person / Time | |
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Site: | Zion File:ZionSolutions icon.png |
Issue date: | 03/03/2016 |
From: | Hickman J B Office of Nuclear Material Safety and Safeguards |
To: | Rielly T P Vista 360 |
References | |
Download: ML18033B158 (3) | |
Text
Hickman, John From: Sent: To:
Subject:
Tom, Hickman(NMSS), John Thursday, March 03, 2016 3:39 PM Tom Rielly RE: Re: Zion Decommissioning & Site Rehabilitation The exemption which was issued on June 21, 2014, (ADAMS Accession No. ML 14030A590) did not specify an amount for spent fuel management. The exemption was based in part on the safety evaluation for the license transfer which determined that the trust funds to be transferred from Exelon to ZionSolutions, along with the $200 million letter of credit, were sufficient for both decommissioning and spent fuel management. With that prior determination of sufficient funds, no specific delineation of how much was allocated to spent fuel management was made part of the exemption. The entire decommissioning trust fund which was transferred to ZionSolutions is held at The Bank of New York Mellon as Trustee. Regarding Exelon's control over the decommissioning trust funds, they do not have any control of the funds that were transferred to ZionSolutions for the purposes of decommissioning and spent fuel management. However, as you are aware, at the conclusion of the decommissioning process, the licensed control of the ISFSI will be transferred back to Exelon from ZionSolutions. Therefore, as part of the original license transfer, Exelon retained control of $25 million in a separate trust fund for the eventual decommissioning of the ISFSI after the fuel is finally transferred to the Department of Energy. John From: Tom Rielly [1] Sent: Friday, February 19, 2016 12:37 PM To: Hickman(NMSS), John
Subject:
[External_Sender] Re: Zion Decommissioning & Site Rehabilitation John, Thank you for the follow up comments below. There is a Zion Solutions LLC meeting on Monday 2/22 FYI. The company has NOT presented Trust Fund status updates in some time -their problem not yours. We hope they correct this glaring oversight at the upcoming meeting. Specific Question FOR YOU related to what appears to be under reporting by ZS-the NRC gave an EXEMPTION to Exelon Generation for Fuel Management for$ 25-$45? million some time ago. Could you please confirm the dollar amount of the exemption? We have been told previously by the NRC ( a past yesteryear nrc public meeting) that the EXEMPTION DOLLAR AMOUNT is still in a Decommissioning Trust Fund-What Fund is it in and at what bank or Trustee? Our understanding is originally Northern Trust Company ( Chicago) was the EXELON DECOMM TRUST FUND TRUSTEE for Zion and then post license transfer the Trusts moved to Mellon -Bank of New York as the new and sole Trustee of record. The NRC has made it clear that TRUST FUNDS CAN ONLY BE HELD BY THE LICENSEE so gathering Exelon Generation has no control over the exempted funds and those funds are still incorporated somehow ( reported or not) at Mellon Bank of New York Please inform us accordingly 1 Thank you Tom Rielly Executive Principal Vista 360 From: "Hickman(NMSS), John" <John.HickmanNMSS@nrc.gov> To: Tom Rielly <tr649@sbcglobal.net> Cc: "Watson, Bruce" <Bruce.Watson@nrc.gov> Sent: Tuesday, January 12, 2016 7:43 AM
Subject:
RE: Zion Decommissioning & Site Rehabilitation Tom, The financial portion of the L TP is currently under review. The annual decommissioning funding status reports that are submitted by the licensee pursuant to the requirements of 10 CFR 50. 75 (f), 10 CFR 50.82 (8)(v), and 10 CFR 50.82 (8)(vii), are reviewed by the NRC each year. Two Decommissioning Cost Estimates for the Zion Nuclear Power Station produced by TLG are available in ADAMS. The report dated February 1999 is at ML003684721. The report dated February 2007 is at ML090750564. John B. Hickman Reactor Decommissioning Project Manager Reactor Decommissioning Branch Office of Nuclear Material Safety and Safeguards 301-415-3017 From: Tom Rielly fmailto:tr649@sbcglobal.net] Sent: Wednesday, January 06, 2016 2:26 PM To: Hickman(NMSS), John Cc: Watson, Bruce
Subject:
fExternal_Sender] Zion Decommissioning & Site Rehabilitation Hi John, Pursuant to the currently filed Zion Solutions License Termination Plan under review and additionally addressed by the holding of a Public Meeting in recent months but unrelated to the 10CFR 50.83 recent meeting and land release -has the NRC conducted any regulatory financial reviews to date since the Zion Solutions submission date of the L TP to the NRC? QUESTIONS 1) If so as of when and to what degree of completion? 2) In the alternative, is it known when any regulatory mandated L TP financial reviews will be completed or updated as milestone Decommissioning critical path events? 3) a.&b. Is the NRC in possession of the TLG Services, Inc collaborative work referenced in the L TP submission? IF so would you be able to provide us with an ADAMS location or a digital copy of the Decommissioning document as referenced? 2 Thank you Tom Rielly Executive Principal Vista 360 3