ML112370149

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2010 DFS Report Analysis for Millstone Nuclear Power Station, Unit 3
ML112370149
Person / Time
Site: Millstone Dominion icon.png
Issue date: 11/14/2011
From: Szabo A
Division of Inspection and Regional Support
To:
Szabo, A L, NRR/DPR, 415-1985
References
Download: ML112370149 (3)


Text

Datasheet 1 Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois 7/20/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1

2

% Owned:

Category:

93.4707%

1 1.7303%

1 4.7990%

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 Plant name:

Millstone Nuclear Power Station, Unit 3 50-423 RAI Needed (Y/N)

PUC Verified (Y/N)

$5,700,000 None 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)

Massachusetts Municipal WEC Y

$482,000,000 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

$399,500,000 Real Rate of Return PUC Verified (Y/N)

$19,300,000 Total Trust Fund Balance Central Vermont PSC Dominion Nuclear Connecticut Licensee:

$374,500,000 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 Post-RAI Rates Determined (Y/N)

Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois 7/20/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 11 PWR 3411

$105,000,000 113.6 2.16 0.65 2.45 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28

% Owned:

Category 93.47%

1 1.73%

1 4.80%

1 2%

34.90 2%

2%

2%

7

$856,658,312 NO Shortfall:

YES Does Licensee Pass:

Does Licensee Pass:

YES Total of Steps 1 thru 3:

Number of Annual Payments:

Accumulation:

Step 2:

Earnings Credit:

$399,500,000 Decom Period:

$0 Total Annuity Real Rate of Return per year Total Fund Balance:

$399,500,000 Total Step 1 + Step 2

$797,378,904

$59,279,407 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 Dominion Nuclear Connecticut Central Vermont PSC Massachusetts Municipal WEC

$23,125,648

$8,338,051 Total Annuity:

Step 3:

$5,700,000

$374,500,000 Amount in Trust Fund:

$0 Total Earnings:

$797,378,904 Real Rate of Return per year Fx Site Specific:

Total Step 2:

Years Left in License 34.90 Real Rate of Return per year Does Licensee Pass:

YES

$19,300,000

$0

$797,378,904 Years remaining after annuity Px 50-423 25 31 Termination of Operations:

2045 1986$

Day Base Fx Plant name:

Value of Annuity per year (amount/See Annuity Sheet)

Licensee:

$450,421,027 NRC Minimum:

$481,884,726 Trust Fund Balance:

Step 1:

Bx Ex Lx ECI Base Lx Base Px 2010 Year:

Millstone Nuclear Power Station, Unit 3 Docket Number:

Date of Operation:

Latest Month Fx

Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois 7/20/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 11 50-423 25 31 Termination of Operations:

2045 Day Plant name:

2010 Year:

Millstone Nuclear Power Station, Unit 3 Docket Number:

Date of Operation:

2.00%

34.90 2.00%

2.00%

2.00%

7 Real Rate of Return per year Accumulation:

Value of Annuity per year

$374,500,000 Total Annuity:

Number of Annual Payments:

Step 5:

Real Rate of Return per year Total Earnings:

$747,480,350 YES If licensee is granted greater than 2% RRR YES

$55,569,807 Total Step 5 Total of Steps 4 thru 6:

$803,050,157 Does Licensee Pass:

Total Earnings:

34.90 0

$747,480,350

$0

$0 Decom Period:

Step 6:

$747,480,350

$0 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

$0 Earnings Credit:

Step 4: