ML112371906
| ML112371906 | |
| Person / Time | |
|---|---|
| Site: | Sequoyah  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112371906 (5) | |
Text
Datasheet 1 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/7/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
100.00%
1 3
4 9.00%
4.00%
5.00%
N Y
Y Y
Y Y
5 6
Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 TVA Licensee:
$216,430,000 Amount in Trust Fund:
N Y
$467,000,000 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
$216,430,000 Real Rate of Return PUC Verified (Y/N)
Any material changes to trust agreements? (Y/N)
Plant name:
Sequoyah Nuclear Plant, Unit 2 50-328 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
Allowed through Decom (Y/N)
Total Trust Fund Balance Post-RAI Rates Determined (Y/N)
Datasheet 2 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/7/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 9
PWR 3455
$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 100.00%
1 2%
10.71 See Annuity Sheet See Annuity Sheet 2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Sequoyah Nuclear Plant, Unit 2 Docket Number:
Date of Operation:
Latest Month Fx
$366,265,952 Years remaining after annuity Px 50-328 15 31 Termination of Operations:
2021 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$466,847,886 NRC Minimum:
$466,847,886 Trust Fund Balance:
Step 1:
Fx Site Specific:
Total Step 2:
Years Left in License N/A Real Rate of Return per year Does Licensee Pass:
NO See Total Step 2
$27,229,249 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 TVA Total Annuity:
Step 3:
$216,430,000 Amount in Trust Fund:
$98,723,740 Total Earnings:
$267,542,211 Real Rate of Return per year Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$216,430,000 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$216,430,000 Total Step 1 + Step 2
$366,265,952
($73,352,686)
Shortfall:
NO Does Licensee Pass:
Does Licensee Pass:
NO
$393,495,200
Datasheet 2 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/7/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 9
2010 Year:
Sequoyah Nuclear Plant, Unit 2 Docket Number:
Date of Operation:
50-328 15 31 Termination of Operations:
2021 Day Plant name:
5.00%
10.71 See Annuity Sheet See Annuity Sheet 5.00%
7 Earnings Credit:
Step 4:
Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$117,647,541 Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License YES
$98,222,605 Total Step 5 Total of Steps 4 thru 6:
$580,769,907 Does Licensee Pass:
Total Earnings:
N/A 0
$482,547,301 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$482,547,301 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:
Real Rate of Return per year Accumulation:
Value of Annuity per year
$216,430,000 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$364,899,761 NO If licensee is granted greater than 2% RRR
Datasheet 2 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/7/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 9
15 2021 Year Annuity:
2011
$8,000,000 2%
$9,889,597 2012
$8,000,000 2%
$9,695,683 2013
$8,000,000 2%
$9,505,572 2014
$8,000,000 2%
$9,319,188 2015
$8,000,000 2%
$9,136,459 2016
$8,000,000 2%
$8,957,312 2017
$8,000,000 2%
$8,781,679 2018
$8,000,000 2%
$8,609,489 2019
$8,000,000 2%
$8,440,676 2020
$8,000,000 2%
$8,275,172 2021
$8,000,000 2%
$8,112,914 Total:
$98,723,740 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/7/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 9
15 2021 ANNUITY Termination of Operations:
Year Annuity:
2011
$8,000,000 5.00%
$13,489,007 2012
$8,000,000 5.00%
$12,846,673 2013
$8,000,000 5.00%
$12,234,927 2014
$8,000,000 5.00%
$11,652,311 2015
$8,000,000 5.00%
$11,097,439 2016
$8,000,000 5.00%
$10,568,990 2017
$8,000,000 5.00%
$10,065,704 2018
$8,000,000 5.00%
$9,586,385 2019
$8,000,000 5.00%
$9,129,891 2020
$8,000,000 5.00%
$8,695,134 2021
$8,000,000 5.00%
$8,281,080 Total:
$117,647,541 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation