ML112380028

From kanterella
Jump to navigation Jump to search
2010 DFS Report Analysis Resolution of Potential Shortfall for Perry Nuclear Power Plant
ML112380028
Person / Time
Site: Perry FirstEnergy 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: ML112380028 (2)


Text

Datasheet 2 Signature: Kosmas Lois Date: 7/6/2011 Secondardy Signature: Jo Ann Simpson Date: 07/13/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 3

BWR 3758

$135,000,000 111.3 2.08 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.307 0.22 12.54

% Owned:

Category 12.58%

2 87.42%

2 2%

15.21 2%

2%

2%

7 Parent Company Guarantee1

$27,500,000

$624,345,222 NO Shortfall:

NO Does Licensee Pass:

Does Licensee Pass:

YES Total of Steps 1 thru 3:

Accumulation:

Step 2:

Earnings Credit:

$411,029,051 Decom Period:

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

$411,029,051 Total Step 1 + Step 2

$555,544,472

$41,300,750 Total Earnings for Decom:

Decom Period:

Real Rate of Return per year Total Annuity:

Step 3:

$0 Total Earnings:

$555,544,472 Real Rate of Return per year Value of Annuity per year (amount/See Annuity Sheet)

Number of Annual Payments:

Real Rate of Return per year Site Specific:

Total Step 2:

Years Left in License 15.21 Does Licensee Pass:

NO

$0

$555,544,472 Years remaining after annuity Amount of NRC Minimum/Site Specific:

Ohio Edison Company 50-440 18 31 Termination of Operations:

2026 1986$

Day Base Fx Plant name:

2010 Year:

Perry Nuclear Power Plant Docket Number:

Date of Operation:

Fx Latest Month Px BWR/PWR MWth Px Trust Fund Balance:

Step 1:

Total Earnings:

Bx Ex Lx ECI Base Lx Base Px Latest Month Fx FENGenCo

$538,576,335

$351,552,756

$59,476,295 Amount in Trust Fund:

Licensee:

$77,502,749 NRC Minimum:

$616,079,083

Datasheet 2 Signature: Kosmas Lois Date: 7/6/2011 Secondardy Signature: Jo Ann Simpson Date: 07/13/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 3

50-440 18 31 Termination of Operations:

2026 Day Plant name:

2010 Year:

Perry Nuclear Power Plant Docket Number:

Date of Operation:

2.00%

15.21 2.00%

2.00%

2.00%

7 1 FENOC has obtained a $95 Million Parental Guaranty (PCG). The FENGenCO share of the BVPS-1 nuclear decommissioning trust has a shortfall of approximately 66 million dollars and the FENGenCo share of the Perry Nuclear Power Plant has a shortfall of approximately $26 million dollars. The NRC staff decided to account for the guaranty such that $67.5 Million is for Beaver Valley and $27.5 Million is for Perry.

NRC staff took the NRC minimum value required for decommissioning and subtracted it from the $95 million of the new PCG. The figure ($3 Million) was divided in half and added to Beaver Valley and Perry PCG's accordingly. This is how the $67.5 million and $27.5 million was derived.

Real Rate of Return per year Accumulation:

Value of Annuity per year

$411,029,051 Total Annuity:

Number of Annual Payments:

Step 5:

Real Rate of Return per year Total Earnings:

$555,544,472 NO If licensee is granted greater than 2% RRR YES

$41,300,750 Total Step 5 Total of Steps 4 thru 6:

$624,345,222 Does Licensee Pass:

Total Earnings:

15.21

$555,544,472

$0

$0 Decom Period:

Step 6:

$555,544,472

$0 Does Licensee Pass:

Real Rate of Return per year Total Annuity Parent Company Guarantee1

$27,500,000 NO Total Step 4 + Step 5 Total Earnings for Decom:

Decom Period:

Does Licensee Pass:

Shortfall:

NO 0

Real Rate of Return per year Years remaining after annuity Trust Fund Balance:

Years Left in License Earnings Credit:

Step 4:

$0