L-14-088, Submittal of Decommissioning Funding Status Report
| ML14087A453 | |
| Person / Time | |
|---|---|
| Site: | Davis Besse  |
| Issue date: | 03/28/2014 |
| From: | Halnon G FirstEnergy Nuclear Operating Co |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| L-14-088 | |
| Download: ML14087A453 (4) | |
Text
FENOC Fe Enqg ituc @. Warng Cmpnf\\
341 White Pond Dr.
Akrcn. Ohio 44320 March 28,2014 L-14-088 ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555-0001
SUBJECT:
Davis-Besse Nuclear Power Station Docket No. 50-346, License No. NPF-3 Submittal of the Decommissioning Fundinq Status Report for Davis-Besse Nuclear Power Station 10 cFR 50.75 Pursuant to 10 CFR 50.75(0(1),
the FirstEnergy Nuclear Operating
- Company, on behalf of the FirstEnergy Nuclear Generation, LLC, is submitting the enclosed decommissioning funding status report for the Davis-Besse Nuclear Power Station for the year ending December 31,2013.
There are no regulatory commitments contained in this letter. lf there are any questions, or if additional information is required, please contact Mr. Thomas A. Lentz, Manager
- Fleet Licensing, at (330) 315-6810.
Director, Fleet Regulatory Affairs
Attachment:
Davis-Besse Nuclear Power Station Decommissioning Funding Status Report Sincerely,
Attachment L-14-088 Davis-Besse Nuclear Power Station Decommissioning Funding Status Report Page 1 of 3 This report reflects the FirstEnergy Nuclear Generation, LLC ownership interest in the Davis-Besse Nuclear Power Station as of December 31,2013.
- 1. The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75(b) and (c)
(see Schedule 1):
FirstEnergy Nuclear Generation, LLL
$497,151,787
- 2. The amount accumulated in external trust funds as of December 31,2013:
FirstEnergy Nuclear Generation, LLL After-Tax
$480,024,154
- 3. A schedule of the annual amounts over the number of years remaining to be collected from ratepayers:
Amount Remaining Number of years to collect
- 4. The assumptions used regarding rates of escalation in decommissioning
- costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections:
$0 0
Consolidated Ownership Interest in Unit "Real" Rate of Return through Dismantlement Year of Final Dismantlement Year Operating License Expires 100o/o 2.00%
2024 2017 5.
6.
7.
There are no contracts upon which the owners/licensees are relying pursuant to 10 cFR 50.75(e)(1)(v).
There has been no modification to the current method of providing decommissioning funding assurance since the last submitted report.
There have been no material changes to the applicable trust agreement(s) since the last submitted report.
Attachment L-14-088 Page 2 of 3 8.
9.
Mathematical rounding was performed during the development of the supporting calculations.
FirstEnergy Nuclear Operating Company intends to revise the site-specific Davis-Besse Nuclear Power Station decommissioning cost estimate in 2014. The decommissioning cost estimate will include SAFSTOR as a decommissioning option.
Attachment L-14-088 Page 3 of 3 Schedule 1 FirstEnergy Nuclear Generation, LLC Calculation of Minimum Financial Assurance Amount December 31,2013 DAVIS-BESSE NUCLEAR POWER STATION Ohio Reqions Labor (L) = Midwest Energy (E) = National Waste Burial (B) = Generic For PWR Unit Adjustment Factor' Escalation Factof Ratio l=
f=
$=
PWR Escalation Factor =
($zs + 0.0088(2817))
million =
Escalated Amount for unit2 =
99,789,600 x
Owner/Licensee FirstEnergy Nuclear Generation.
LLC 4.982 Ownership 100.00% $497,151,787 2.450 2.568 13.885 0.65 0.13 0.22 1.593 0.334 3.055 4.982 Base Amount for PWR between 1200 MWt and 3400 MWt = ($75m + 0.0088P)
(P = power level in megawatts thermal = 2817)
$ 99,789,600
$497,151,787 Note 1 : Actual fourth quarter 2013 Bureau of Labor Statistics data used to develop Labor factor, actual December 2013 Bureau of Labor Statistics data used to develop Energy factor, and Burial factor is contained in NUREG-1307, "Report on Waste Burial Charges: Changes in Decommissioning Waste Disposal Costs at Low-LevelWaste Burial Facilities,"
Revision 15 which is based upon 2012 data.
Note 2: Mathematical rounding was performed during the development of the supporting calculations.