ML112380116
| ML112380116 | |
| Person / Time | |
|---|---|
| Site: | Susquehanna  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112380116 (5) | |
Text
Datasheet 1 Signature: Michael Purdie and JoAnn Simpson Date: 06/24/2011 Secondary Review: Kosmas Lois 6/29/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
90.00%
2 10.00%
1 3
4 2.00%
2.00%
N Y
N 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 Y
Allegheny Electric Cooperative Plant name:
Susquehanna Steam Electric Station, Unit 1 50-387 RAI Needed (Y/N)
PUC Verified (Y/N)
$23,812,636 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) 1 Per PPL, the previous report credited collections and utilized inflation and earnings rates based on an order entered by the Pennsylvania PUC on 9/27/1995 at Docket No. R-00943271. The annual collections permitted under this order ceased at the end of 2009. In addition, the previous report provided an analysis crediting earnings through a SAFSTOR period, which is no longer necessary as the current funding is sufficient for immediate DECON.
$628,425,000 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
$315,993,924 Real Rate of Return PUC Verified (Y/N)
Rates Determined (Y/N)
Per AEC, they have all required contracts in place from the 14 cooperatives that fund the trust fund.
Licensee:
$292,181,288 Amount in Trust Fund:
N Any material changes to trust agreements? (Y/N)
Y1 Post-RAI Total Trust Fund Balance PPL Susquehanna, LLC 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)
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 06/24/2011 Secondary Review: Kosmas Lois 6/29/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 7
BWR 3952
$135,000,000 113.6 2.16 0.65 2.45 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.307 0.22 12.54
% Owned:
Category 90.00%
2 10.00%
1 2%
31.54 See Annuity Sheet See Annuity Sheet 2%
7
$748,479,284 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:
$315,993,924 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$315,993,924 Total Step 1 + Step 2
$696,685,695
$51,793,589 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 PPL Susquehanna, LLC Allegheny Electric Cooperative
$62,825,176 Total Annuity:
Step 3:
$23,812,636
$292,181,288 Amount in Trust Fund:
$106,524,087 Total Earnings:
$590,161,608 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:
NO See Total Step 2
$696,685,695 Years remaining after annuity Px 50-387 17 31 Termination of Operations:
2042 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$565,426,587 NRC Minimum:
$628,251,763 Trust Fund Balance:
Step 1:
Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Susquehanna Steam Electric Station, Unit 1 Docket Number:
Date of Operation:
Latest Month Fx
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 06/24/2011 Secondary Review: Kosmas Lois 6/29/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 7
50-387 17 31 Termination of Operations:
2042 Day Plant name:
2010 Year:
Susquehanna Steam Electric Station, Unit 1 Docket Number:
Date of Operation:
2.00%
31.54 See Annuity Sheet See Annuity Sheet 2.00%
7 Real Rate of Return per year Accumulation:
Value of Annuity per year
$315,993,924 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$590,161,608 NO If licensee is granted greater than 2% RRR YES
$51,793,589 Total Step 5 Total of Steps 4 thru 6:
$748,479,284 Does Licensee Pass:
Total Earnings:
N/A 0
$696,685,695 see annuity sheet See Total Step 4 Decom Period:
Step 6:
$696,685,695 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
$106,524,087 Earnings Credit:
Step 4:
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 06/24/2011 Signature: Kosmas Lois Date: 6/29/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 7
17 2042 Year Annuity:
2011
$1,297,000 2%
$2,422,400 2012
$1,348,880 2%
$2,469,899 2013
$1,402,835 2%
$2,518,328 2014
$1,458,949 2%
$2,567,708 2015
$1,571,307 2%
$2,711,230 2016
$1,577,999 2%
$2,669,389 2017
$1,641,119 2%
$2,721,730 2018
$1,706,764 2%
$2,775,097 2019
$1,775,034 2%
$2,829,510 2020
$1,846,035 2%
$2,884,990 2021
$1,919,877 2%
$2,941,560 2022
$1,996,672 2%
$2,999,237 2023
$2,076,539 2%
$3,058,046 2024
$2,159,600 2%
$3,118,007 2025
$2,245,984 2%
$3,179,144 2026
$2,335,824 2%
$3,241,481 2027
$2,429,257 2%
$3,305,040 2028
$2,526,427 2%
$3,369,844 2029
$2,627,484 2%
$3,435,919 2030
$2,732,583 2%
$3,503,290 2031
$2,841,887 2%
$3,571,983 2032
$2,955,562 2%
$3,642,021 2033
$3,073,785 2%
$3,713,434 2034
$3,196,736 2%
$3,786,246 2035
$3,324,606 2%
$3,860,486 2036
$3,457,590 2%
$3,936,182 2037
$3,595,893 2%
$4,013,361 2038
$3,739,729 2%
$4,092,055 2039
$3,889,318 2%
$4,172,291 2040
$4,044,891 2%
$4,254,101 2041
$4,206,687 2%
$4,337,515 2042
$4,374,954 2%
$4,422,564 Total:
$106,524,087 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 06/24/2011 Signature: Kosmas Lois Date: 6/29/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 7
17 2042 ANNUITY Termination of Operations:
Year Annuity:
2011
$1,297,000 2.00%
$2,422,400 2012
$1,348,880 2.00%
$2,469,899 2013
$1,402,835 2.00%
$2,518,328 2014
$1,458,949 2.00%
$2,567,708 2015
$1,571,307 2.00%
$2,711,230 2016
$1,577,999 2.00%
$2,669,389 2017
$1,641,119 2.00%
$2,721,730 2018
$1,706,764 2.00%
$2,775,097 2019
$1,775,034 2.00%
$2,829,510 2020
$1,846,035 2.00%
$2,884,990 2021
$1,919,877 2.00%
$2,941,560 2022
$1,996,672 2.00%
$2,999,237 2023
$2,076,539 2.00%
$3,058,046 2024
$2,159,600 2.00%
$3,118,007 2025
$2,245,984 2.00%
$3,179,144 2026
$2,335,824 2.00%
$3,241,481 2027
$2,429,257 2.00%
$3,305,040 2028
$2,526,427 2.00%
$3,369,844 2029
$2,627,484 2.00%
$3,435,919 2030
$2,732,583 2.00%
$3,503,290 2031
$2,841,887 2.00%
$3,571,983 2032
$2,955,562 2.00%
$3,642,021 2033
$3,073,785 2.00%
$3,713,434 2034
$3,196,736 2.00%
$3,786,246 2035
$3,324,606 2.00%
$3,860,486 2036
$3,457,590 2.00%
$3,936,182 2037
$3,595,893 2.00%
$4,013,361 2038
$3,739,729 2.00%
$4,092,055 2039
$3,889,318 2.00%
$4,172,291 2040
$4,044,891 2.00%
$4,254,101 2041
$4,206,687 2.00%
$4,337,515 2042
$4,374,954 2.00%
$4,422,564 Total:
$106,524,087 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation