ML112351256
| ML112351256 | |
| Person / Time | |
|---|---|
| Site: | Catawba  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112351256 (5) | |
Text
Datasheet 1 Signature: Michael Purdie/JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
37.50%
1 30.754%
1 19.246%
1 12.50%
1 3
4 variable1 variable1 variable1 N
N Y
N Y
Y 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 Plant name:
Catawba Nuclear Station, Unit 1 50-413 RAI Needed (Y/N)
PUC Verified (Y/N)
$67,484,121 Provided Docket Number:
Did the licensee identify the amount of estimated radiological funds? (Y/N)
The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c):
Escalation Rate Allowed through Decom (Y/N)
Duke Energy Carolinas, LLC Piedmont Municipal Power Agency Y
$466,987,774 The total amount of dollars accumulated at the end of the appropriate year: (see below)
N 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)
Any contracts upon which the licensee is relying? (Y/N)
Schedule of the annual amounts remaining to be collected: (provided/none)
Rate of Return on Earnings Allowed through Decom (Y/N)
Rate(s) of Other Factors
$282,156,578 Real Rate of Return PUC Verified (Y/N)
$57,872,625 Total Trust Fund Balance 1 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission.
North Carolina Electric Membership Corporation North Carolina Municipal Power Agency 1 Licensee:
$129,035,874 Amount in Trust Fund:
N Any material changes to trust agreements? (Y/N)
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)
N
$27,763,958 Post-RAI Rates Determined (Y/N)
Datasheet 2 Signature: Michael Purdie/JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 12 PWR 3411
$105,000,000 112.8 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
% Owned:
Category 37.50%
1 30.75%
1 19.25%
1 12.50%
1 2%
32.93 See Annuity Sheet See Annuity Sheet 2%
7
$794,679,014 NO Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
YES Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$282,156,578 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$282,156,578 Total Step 1 + Step 2
$739,688,476
$54,990,537 Total Earnings for Decom:
Decom Period:
Total Earnings:
Real Rate of Return per year Latest Month Px Amount of NRC Minimum/Site Specific:
BWR/PWR MWth North Carolina Municipal Power Agency 1 North Carolina Electric Membership Corporation Duke Energy Carolinas, LLC
$89,849,544
$143,574,399 Total Annuity:
Step 3:
$67,484,121
$129,035,874 Amount in Trust Fund:
$198,082,768 Total Earnings:
$541,605,708 Real Rate of Return per year Fx Site Specific:
Total Step 2:
$58,355,986 Years Left in License N/A
$27,763,958 Real Rate of Return per year Does Licensee Pass:
YES
$57,872,625 See Total Step 2
$739,688,476 Years remaining after annuity Px 50-413 5
31 Termination of Operations:
2043 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$175,067,957 NRC Minimum:
$466,847,886 Piedmont Municipal Power Agency Trust Fund Balance:
Step 1:
Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Catawba Nuclear Station, Unit 1 Docket Number:
Date of Operation:
Latest Month Fx
Datasheet 2 Signature: Michael Purdie/JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 12 50-413 5
31 Termination of Operations:
2043 Day Plant name:
2010 Year:
Catawba Nuclear Station, Unit 1 Docket Number:
Date of Operation:
2.00%
32.93 See Annuity Sheet See Annuity Sheet 2.00%
7 Real Rate of Return per year Accumulation:
Value of Annuity per year
$282,156,578 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$541,605,708 YES If licensee is granted greater than 2% RRR YES
$54,990,537 Total Step 5 Total of Steps 4 thru 6:
$794,679,013 Does Licensee Pass:
Total Earnings:
N/A 0
$739,688,476 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$739,688,476 See Total Step 4 Does Licensee Pass:
Real Rate of Return per year YES Total Step 4 + Step 5 Total Earnings for Decom:
Decom Period:
Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$198,082,768 Earnings Credit:
Step 4:
Datasheet 2 Signature: Michael Purdie/JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 12 5
2043 Year Annuity:
2011
$3,984,023 2%
$7,647,661 2012
$3,984,023 2%
$7,497,707 2013
$3,984,023 2%
$7,350,693 2014
$3,984,023 2%
$7,206,562 2015
$3,984,023 2%
$7,065,257 2016
$3,984,023 2%
$6,926,722 2017
$3,984,023 2%
$6,790,904 2018
$3,984,023 2%
$6,657,749 2019
$3,984,023 2%
$6,527,205 2020
$3,984,023 2%
$6,399,221 2021
$3,984,023 2%
$6,273,746 2022
$3,984,023 2%
$6,150,731 2023
$3,984,023 2%
$6,030,129 2024
$3,984,023 2%
$5,911,891 2025
$3,984,023 2%
$5,795,971 2026
$3,984,023 2%
$5,682,325 2027
$3,984,023 2%
$5,570,907 2028
$3,984,023 2%
$5,461,673 2029
$3,984,023 2%
$5,354,582 2030
$3,984,023 2%
$5,249,590 2031
$3,984,023 2%
$5,146,657 2032
$3,984,023 2%
$5,045,742 2033
$3,546,523 2%
$4,403,579 2034
$21,347,947 2%
$25,987,169 2035
$3,546,523 2%
$4,232,583 2036
$3,546,523 2%
$4,149,591 2037
$3,546,523 2%
$4,068,226 2038
$3,546,523 2%
$3,988,457 2039
$2,548,582 2%
$2,809,963 2040
$2,548,582 2%
$2,754,866 2041
$2,548,582 2%
$2,700,849 2042
$2,548,582 2%
$2,647,891 2043
$2,548,582 2%
$2,595,971 Total:
$198,082,768 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Michael Purdie/JoAnn Simpson Date: 07/20/2011 Signature: Aaron L. Szabo Date: 8/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 12 5
2043 ANNUITY Termination of Operations:
Year Annuity:
2011
$3,984,023 2.00%
$7,647,661 2012
$3,984,023 2.00%
$7,497,707 2013
$3,984,023 2.00%
$7,350,693 2014
$3,984,023 2.00%
$7,206,562 2015
$3,984,023 2.00%
$7,065,257 2016
$3,984,023 2.00%
$6,926,722 2017
$3,984,023 2.00%
$6,790,904 2018
$3,984,023 2.00%
$6,657,749 2019
$3,984,023 2.00%
$6,527,205 2020
$3,984,023 2.00%
$6,399,221 2021
$3,984,023 2.00%
$6,273,746 2022
$3,984,023 2.00%
$6,150,731 2023
$3,984,023 2.00%
$6,030,129 2024
$3,984,023 2.00%
$5,911,891 2025
$3,984,023 2.00%
$5,795,971 2026
$3,984,023 2.00%
$5,682,325 2027
$3,984,023 2.00%
$5,570,907 2028
$3,984,023 2.00%
$5,461,673 2029
$3,984,023 2.00%
$5,354,582 2030
$3,984,023 2.00%
$5,249,590 2031
$3,984,023 2.00%
$5,146,657 2032
$3,984,023 2.00%
$5,045,742 2033
$3,546,523 2.00%
$4,403,579 2034
$21,347,947 2.00%
$25,987,169 2035
$3,546,523 2.00%
$4,232,583 2036
$3,546,523 2.00%
$4,149,591 2037
$3,546,523 2.00%
$4,068,226 2038
$3,546,523 2.00%
$3,988,457 2039
$2,548,582 2.00%
$2,809,963 2040
$2,548,582 2.00%
$2,754,866 2041
$2,548,582 2.00%
$2,700,849 2042
$2,548,582 2.00%
$2,647,891 2043
$2,548,582 2.00%
$2,595,971 Total:
$198,082,768 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation