ML112351088
| ML112351088 | |
| Person / Time | |
|---|---|
| Site: | Arkansas Nuclear  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112351088 (3) | |
Text
Datasheet 1 Plant name: Arkansas Nuclear One, Unit 2 Docket Number: 50-368 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $451,994,354 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:
Entergy Arkansas 100.00% 1 $225,981,000 Total Trust Fund Balance $225,981,000 3 Schedule of the annual amounts remaining to be collected: (provided/none) none 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Post-RAI Rate of Rate(s) of PUC Allowed RAI PUC Allowed Rates Escalation Real Rate Return on Other Verified through Needed Verified through Determined Rate of Return Earnings Factors (Y/N) Decom (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) 6.31% 2.61% 3.70% Y N N 5 Any contracts upon which the licensee is relying? (Y/N) Y1 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 7 Any material changes to trust agreements? (Y/N) Y2 If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below) 1 The licensee states in the DFS report, "See the aggreements in Attachment 1-E which are unit power purchase agreements under the MSS-4 Agreement, a FERC tariff. It is the licensee's position that these are not 10 CFR 50.75(e)(1)(v) "contractual obligations", but rather cost of service tariffs which may appropriately be used to fund the external sinking fund in accordance with 10 CFR 50.75(e)(1)(ii). Out of abundance of caution, the licensee identifies the information here."
2 According to the submital, the licensee does not believethe changes to the trust agreement are material. However, out of abundance of caution, all the changes since the last report are provided within the DFS report submittal.
Signature: Shawn Harwell Date: 7/11/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/25/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Arkansas Nuclear One, Unit 2 Docket Number: 50-368 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 7 17 2038 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 3026 $101,628,800 112.8 1.98 0.65 2.23 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28 NRC Minimum: $451,858,957 Site Specific:
Amount of NRC Minimum/Site Licensee: % Owned: Category Specific: Amount in Trust Fund:
Entergy Arkansas 100.00% 1 $451,858,957 $225,981,000 Total Fund Balance: $225,981,000 Step 1:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$225,981,000 2% 27.54 $389,909,181 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% 27.54 $0 Total Step 1 + Step 2 Does Licensee Pass:
$389,909,181 NO Step 3:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$389,909,181 2% 7 $28,986,953 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:
$418,896,134 NO ($32,962,823)
Signature: Shawn Harwell Date: 7/11/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/25/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Arkansas Nuclear One, Unit 2 Docket Number: 50-368 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 7 17 2038 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:
$225,981,000 3.70% 27.54 $614,748,405 YES Step 5:
Accumulation:
Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:
$0 3.70% 0 $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5
$0 3.70% 27.54 $0 Total Step 4 + Step 5 Does Licensee Pass:
$614,748,405 YES Step 6:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$614,748,405 2.00% 7 $45,702,139 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:
$660,450,544 YES NO Signature: Shawn Harwell Date: 7/11/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/25/2011 Formulas verified by: Clayton Pittiglio