CNL-15-051, Guarantee of Payment of Deferred Premiums - 2014 Annual Report

Guarantee of Payment of Deferred Premiums - 2014 Annual Report

ML15097A469
Person / Time
Site:	Browns Ferry, Watts Bar, Sequoyah
Issue date:	04/07/2015
From:	James Shea Tennessee Valley Authority
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
CNL-15-051
Download: ML15097A469 (2)

Text

Tennessee Valley Authority, 1101 Market Street. Chattanooga, Tennessee 37402 CNL-15-051 April 3, 2015 ATTN: Document Control Desk Director, Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, D.C. 20555-0001 Browns Ferry Nuclear Plant, Units 1, 2, and 3 10 CFR 140.21 Renewed Facility Operating License Nos. DPR-33, DPR-52, and DPR-68 NRC Docket Nos. 50-259, 50-260, and 50-296

Subject:

Sequoyah Nuclear Plant, Units 1 and 2 Facility Operating License Nos. DPR-77 and DPR-79 NRC Docket Nos. 50-327 and 50-328 Watts Bar Nuclear Plant, Unit 1 Facility Operating License No. NPF-90 NRC Docket No. 50-390 Guarantee of Payment of Deferred Premiums-2014 Annual Report Pursuant to Title 10, Code of Federal Regulations, Section 140.21 (10 CFR 140.21), "Licensee guarantees of payment of deferred premiums," Tennessee Valley Authority (TVA) is providing evidence as discussed herein that it maintains a guarantee of payment of deferred premiums in the amount specified in 10 CFR 140.11 (a) for each licensed reactor at TV A's Browns Ferry, Sequoyah, and Watts Bar Nuclear Plants. This information is required to be submitted annually on the anniversary date on which the indemnity agreement is effective for each of the TVA reactors. Because the indemnity agreement effective dates vary for each of the TVA reactors, this annual report contains information for all of the TVA reactors. TVA will be submitting this annual report by April10 of each year to demonstrate compliance with 10 CFR 140.21.

In accordance with The Consolidated Appropriations Act, 2005, signed into law in December 2004, TVA began filing annual reports (1 0-Ks), quarterly reports (1 0-Qs), and current reports (8-Ks) with the Securities and Exchange Commission (SEC). TVA filings began with the filing of the 2006 Annual Report.

TVA's Form 1 O-K Annual Report is filed pursuant to the Securities Exchange Act of 1934 and is publicly available on the internet at either of the websites provided below.

www.tva.gov or at www.sec.gov

U.S. Nuclear Regulatory Commission CNL-15-051 Page 2 April 3, 2015 The information that is publicly available at the above listed websites satisfies the requirements of 10 CFR 140.21 as the information required by the regulation is publicly available throughout the calendar year.

The filed Form 1 0-K financial statement shows that, if necessary, a cash flow can be generated and would be available within three months after submission of the statement to provide

$113.8 million for payment of retrospective premiums.

There are no new regulatory commitments contained in this submittal. If you have any questions, please contact Edward D. Schrull at (423)-751-3850.