ML20028D617

Pre-Notice of Disbursement from Decommissioning Trust

ML20028D617
Person / Time
Site:	Salem, Hope Creek
Issue date:	01/14/2020
From:	Mahoney J Bank of New York Mellon
To:	Ho Nieh Office of Nuclear Reactor Regulation
References
Download: ML20028D617 (2)

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                                                       - --BNY MEL-LON ASSET SERVICING Mr. Ho Nieh Director, Office of Nuclear Reactor l}egulation U.S. Nuclear Regulatory Commission Washington, DC 20555 Date: January 14, 2020

Subject:

Pre-Notice of Disbursement from Decommissioning Trust Salem Generating Station, Units 1 and 2 Renewed Facility Operating License Nos. DPR-70 and DPR~75 NRC Docket Nos. 50-272 and 50-311 Hope Creek Generating Station Renewed Facility Operating License No. NPF-57 NRC Docket No. 50-354

Dear Mr. Nieh:

This letter provides the Director of the Office of Nuclear Reactor Regulation written notification that the trustee, The Bank of New York Mellon ("Trustee") of the *PSEG Nuclear LLC Master Decommissioning Trust Agreement for Hope Creek Generating Station, Salem Nuclear Gen~rating Station and Peach Bottom Atomic Power Station ("Trust") intends to make disbursements from the.Trust, as specified in the table below, in the absence of any written notice of objection from your office within thirty (30) days of the date of this letter. Unit Decommissioning Costs (Planning) Salem Unit 1 $412,000 Salem Unit 2 $412,000 Hope Creek $996,000 In accordance with the applicable Renewed Facility Operating Licenses, the Trust provides that "except for payments of expenses of administration pursuant to Section 4.02, no disbursements or payments from the trust shall be made by the Trustee

                                                                          .       until the Trustee has first given the NRC 30 days notice of the payment." In addition, the Trust provides that "no disbursements or payments from the trust shall be made if the Trustee receives prior written notice of objection from the Director, Office of Nuclear Reactor Regulation during such 30 day notice period."

The amount of funds to be disbursed from the Trust for each unit will not exceed (without a supplemental 30-day notice) the amounts . specified. in the above table. The disbursement~ are for

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decommissioning planning costs pursuant to 10 CFR 50.82(a)(8)(ii) for the Salem and Hope Creek plants. PSEG has confirmed to the Trustee (or prior to directing the Trustee to make the corresponding disbursements shall confirm to the Trustee) that the payments to be disbursed are for legitimate decommissioning planning expenses and will not result in exceeding three (3) percent of the generic amount specified in 10 CFR 50.75. I If you have any questions about this letter, please contact me at 617-382-9623 or Mr. Coley Chappell, Manager, Decommissioning, PSEG Nuclear, at 856-339-1611. Respectfully, I

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F. Mahoney, Jr. Vice President The Bank of New York Mellon cc: U.S. Nuclear Regulatory Commission / ATTN: Document Control Desk Washington, DC 20555-0001 Mr. David Lew Regional Administrator, Region 1

• U.S. Nuclear Regulatory Commission 2100 Renaissance Blvd, Suite 100 King of Prussia, PA 19406-2713 Mr. J. Kim, NRC Project Manager, Salem & Hope Creek (via email at James.Kim@nrc.gov)

NRC Senior Resident Inspector, Salem NRC Senior Resident Inspector, Hope Creek Mr. John Tappert, Director, Division of Rulemaking, Environmental, and Financial Support (via email at John.Tappert@nrc.gov) Patrick Mulligan, Manager, New Jersey Bureau of Nuclear Engineering P.O. Box420 MIC 33-01 Trenton, NJ 08625-0420}}