ML112351268
| ML112351268 | |
| Person / Time | |
|---|---|
| Site: | Cook  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112351268 (5) | |
Text
Datasheet 1 Signature: Kosmas Lois Date: 6/14/2011 Signature: Jo Ann Simpson Date: 06/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
100.00%
1 3
4 2.00%
N Y
Y N
Y N
5 6
Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 Allowed through Decom (Y/N)
Total Trust Fund Balance Post-RAI Rates Determined (Y/N)
Any material changes to trust agreements? (Y/N)
Plant name:
Cook (Donald C.) Nuclear Power Plant, Unit 1 50-315 RAI Needed (Y/N)
PUC Verified (Y/N) 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):
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)
Escalation Rate N
N Y
$468,394,872 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
$399,384,123 Real Rate of Return PUC Verified (Y/N)
Indian Michigan Power Co Licensee:
$399,384,123 Amount in Trust Fund:
Datasheet 2 Signature: Kosmas Lois Date: 6-14-2011 Signature: Jo Ann Simpson Date: 06/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 10 PWR 3304
$104,075,200 111.3 2.08 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28
% Owned:
Category 100.00%
1 2%
23.82 See Annuity Sheet See Annuity Sheet 2%
7
$834,370,641 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:
$399,384,123 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$399,384,123 Total Step 1 + Step 2
$776,633,505
$57,737,136 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 Indian Michigan Power Co Total Annuity:
Step 3:
$399,384,123 Amount in Trust Fund:
$136,574,247 Total Earnings:
$640,059,258 Real Rate of Return per year Fx Site Specific:
Total Step 2:
Years Left in License N/A Real Rate of Return per year Does Licensee Pass:
YES See Total Step 2
$776,633,505 Years remaining after annuity Px 50-315 25 31 Termination of Operations:
2034 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$468,256,216 NRC Minimum:
$468,256,216 Trust Fund Balance:
Step 1:
Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Cook (Donald C.) Nuclear Power Plant, Unit 1 Docket Number:
Date of Operation:
Latest Month Fx
Datasheet 2 Signature: Kosmas Lois Date: 6-14-2011 Signature: Jo Ann Simpson Date: 06/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 10 50-315 25 31 Termination of Operations:
2034 Day Plant name:
2010 Year:
Cook (Donald C.) Nuclear Power Plant, Unit 1 Docket Number:
Date of Operation:
2.00%
23.82 See Annuity Sheet See Annuity Sheet 2.00%
7 Real Rate of Return per year Accumulation:
Value of Annuity per year
$399,384,123 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$640,059,258 YES If licensee is granted greater than 2% RRR YES
$57,737,136 Total Step 5 Total of Steps 4 thru 6:
$834,370,641 Does Licensee Pass:
Total Earnings:
N/A 0
$776,633,505 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$776,633,505 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
$136,574,247 Earnings Credit:
Step 4:
Datasheet 2 Signature: Kosmas Lois Date: 6-14-2011 Signature: Jo Ann Simpson Date: 06/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 10 25 2034 Year Annuity:
2011
$4,441,500 2%
$7,118,243 2012
$4,441,500 2%
$6,978,669 2013
$4,441,500 2%
$6,841,833 2014
$4,441,500 2%
$6,707,679 2015
$4,441,500 2%
$6,576,156 2016
$4,441,500 2%
$6,447,212 2017
$4,441,500 2%
$6,320,796 2018
$4,441,500 2%
$6,196,859 2019
$4,441,500 2%
$6,075,352 2020
$4,441,500 2%
$5,956,227 2021
$4,441,500 2%
$5,839,438 2022
$4,441,500 2%
$5,724,940 2023
$4,441,500 2%
$5,612,686 2024
$4,441,500 2%
$5,502,633 2025
$4,441,500 2%
$5,394,738 2026
$4,441,500 2%
$5,288,959 2027
$4,441,500 2%
$5,185,254 2028
$4,441,500 2%
$5,083,583 2029
$4,441,500 2%
$4,983,904 2030
$4,441,500 2%
$4,886,181 2031
$4,441,500 2%
$4,790,373 2032
$4,441,500 2%
$4,696,444 2033
$4,441,500 2%
$4,604,357 2034
$3,701,250 2%
$3,761,730 Total:
$136,574,247 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Kosmas Lois Date: 6-14-2011 Signature: Jo Ann Simpson Date: 06/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 10 25 2034 ANNUITY Termination of Operations:
Year Annuity:
2011
$4,441,500 2.00%
$7,118,243 2012
$4,441,500 2.00%
$6,978,669 2013
$4,441,500 2.00%
$6,841,833 2014
$4,441,500 2.00%
$6,707,679 2015
$4,441,500 2.00%
$6,576,156 2016
$4,441,500 2.00%
$6,447,212 2017
$4,441,500 2.00%
$6,320,796 2018
$4,441,500 2.00%
$6,196,859 2019
$4,441,500 2.00%
$6,075,352 2020
$4,441,500 2.00%
$5,956,227 2021
$4,441,500 2.00%
$5,839,438 2022
$4,441,500 2.00%
$5,724,940 2023
$4,441,500 2.00%
$5,612,686 2024
$4,441,500 2.00%
$5,502,633 2025
$4,441,500 2.00%
$5,394,738 2026
$4,441,500 2.00%
$5,288,959 2027
$4,441,500 2.00%
$5,185,254 2028
$4,441,500 2.00%
$5,083,583 2029
$4,441,500 2.00%
$4,983,904 2030
$4,441,500 2.00%
$4,886,181 2031
$4,441,500 2.00%
$4,790,373 2032
$4,441,500 2.00%
$4,696,444 2033
$4,441,500 2.00%
$4,604,357 2034
$3,701,250 2.00%
$3,761,730 Total:
$136,574,247 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation