ML17114A062
| ML17114A062 | |
| Person / Time | |
|---|---|
| Site: | Beaver Valley |
| Issue date: | 04/24/2017 |
| From: | Halnon G FirstEnergy Nuclear Operating Co |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| L-17-12 | |
| Download: ML17114A062 (5) | |
Text
FENOC ffiBr'BtN,d'at+'s&sC",h 341 White Pond Dr.
Akron, Ohio 44320 April 24,2017 L-17-120 ATTN: Document Control Desk U. S. Nuclear Regulatory Commission Washington, DC 20555-0001 10 cFR 50.75
SUBJECT:
Beaver Valley Power Station, Unit No. 1 Docket No. 50-334, License No. DPR-66 Supplemental Information Resarding Decommissionino Fundinq Status Report for Beaver Vallev Power Station. Unit No. 1 By letter dated March 24,2017 (Accession No. ML170838'221)
FirstEnergy Nuclear Operating Company (FENOC) submitted the biennial decommissioning funding status reports for its nuclear operating facilities in accordance with 10 CFR 50.75, "Reporting and recordkeeping for decommissioning planning,"
paragraph (0(1). Subsequent to the submittal, FENOC identified the first number in the beginning balance for the year 2030 was inadvertently omitted on the Beaver Valley Power Station, Schedule 2, "Calculation of a Site-Specific Cash Flow Analysis." In the original submittal the beginning balance for the year 2030 was reported as $70,741,588 and should have been reported as $370,741,588.
Omission of the number does not affect the ending balance for year 2030 or the overall ending balance as reported in the original submittal. The administrative error has been entered into the FENOC corrective action program. The attachment provides the updated information.
There are no regulatory commitments contained in this letter. lf there are any questions, or if additional information is required, please contact Mr. Thomas A. Lentz, Manager
- Fleet Licensing, at 330-315-6810.
Sincerely, Vice President, Regulatory Affairs
Beaver Valley Power Station, Unit No. 1 L-17-120 Page 2
Attachment:
Decommissioning Funding Status Report - Beaver Valley Power Station, Unit No. 1, Schedule 2, Calculation of a Site-Specific Cash flow Analysis cc:
NRC Region I Administrator NRC Resident Inspector NRR Prolect Manager Director BRP/DEP Site BRP/DEP Representative
Attachment L-17-120 Decommissioning Funding Status Report - Beaver Valley Power Station, Unit No. 1 Page 1 of 3 Schedule 2
Calculation of a Site-Specific Cash Flow Analysis The site-specific cost estimate for the radiological decommissioning of the Beaver Valley Power Station, Unit No. 1 is $71 1,726,383.
The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75(c) is $a81,892,880.
Since Regulatory Guide (RG) 1.159, "Assuring The Availability Of Funds For Decommissioning Nuclear Reactors,"
states that the site-specific cost should be equal to or greater than the cost calculated by 10 CFR 50.75(c),
the RG is satisfied.
A two percent rate of return was used in the analysis. The analysis also assumes a period of safe storage. These inputs to the analysis are consistent with 10 CFR 50.75(e)(1). The analysis is based on 2016 dollars.
The analysis contains expenses based on the site-specific decommissioning cost estimate. The analysis conservatively assumes that expenses during a year are incurred at the beginning of year. Mathematical rounding was performed during the development of the supporting calculations.
Year Beginning Balance Deposits Earnings Withdrawall'2 Ending Balance 2017 286.595.306 5,731,906 292.327.212 2018 292.327,212 5,846,544 298.173,756 2019 298.173.756 5.963.475 304.1 37,231 2020 304.1 37.231 6.082.745 310.219.976 2021 310,219,976 6.204,400 316.424.376 2022 316,424.376 6,328,488 322.752,863 2023 322.752.863 6.455.057 329,207,920 2024 329.207.920 6.584.158 335.792.079 2025 335.792.079 6,715,842 342.507.920 2026 342,507,920 6,850,158 349.358,079 2027 349,358,079 6,987,162 356,345,240 2028 356.345.240 7.126.905 363.472,145 2029 363.472.145 7,269,443 370.741.588 2030 370,741,588 7,414,832 378,156,420 2031 378.156.420 7,563.128 385,719,548 2032 385.719.548 7.714.391 393,433,939 2033 393.433.939 7,968,679 401,302,618 2034 401,302,618 8,026,052 409,328,670 2035 409,328,670 8,186,573 417,515,244 2036 417.515.244 7.298.033 (52,613,575) 372.199.702 2037 372.199.702 6.363,388 (54,030,281) 324.532.809 2038 324,532,809 6,412,986 (3.883.529) 327.062,266 2039 327,062,266 6,463,575 (3.883.529) 329.642,312 2040 329.642,312 6.514.964 (3.894.093) 332,263,183
Attachment L-17-120 Page 2 of 3 Year Beginning Balance Deposits Earninos Withdrawalr'2 Ending Balance 2041 332.263.183 6.567.593 (3.883.529) 334,947,247 2042 334.947.247 6.621.274 (3.883.529) 337,684,992 2043 337.684.992 6,682,305 (3,569.762) 340.797.535 2044 340.797.535 6,744,894 (3.552.858) 343,989,571 2045 343,989,571 6,808,924 (3.543.350) 347,255,145 2046 347.255.145 6.874.236 (3,543,350) 350,586,030 2047 350.586.030 6.940.854 (3.543,350) 353,983,534 2048 353.983.534 7.008.614 (3,552,858) 357,439,289 2049 357,439,289 7.077,919 (3.543.350) 360,973,857 2050 360.973.857 7.148.610 (3.543.350) 364,579,117 2051 364.579.117 7.220.715 (3,543,350) 368.256.482 2052 368.256.482 7,294.072 (3,552,858) 371.997.696 2053 371.997,696 7,369,087 (3.543.350) 375,823,433 2454 375,823,433 7.445.602 (3.543.350) 379,725.684 2055 379.725.684 7.523.647 (3,543,350) 383,705,981 2056 383.705.981 7.603.062 (3,552,858) 387.756.185 2057 387,756,185 7,684,257 (3,543,350) 391,897,091 2058 391,897,091 7.767.075 (3.543.350) 396,120,816 2059 396,120,816 7.851.549 (3,543,350) 400,429,015 2060 400.429.015 7.937.523 (3,552,858) 404.813.679 2061 404,913,679 8,025,407 (3,543,350) 409.295,736 2062 409,295,736 8,1 15,048 (3.543.350) 413,867,433 2063 413,867,433 8.206.482 (3.543.350) 418,530,564 2064 418.530.564 8.299.554 (3.552.858) 423.277.260 2065 423.277.260 8,394,678 (3,543,350) 428,128,588 2066 428,128,588 8,491,705 (3,543,350) 433,076,942 2067 433,076,942 8,590,672 (3.543.350) 438,124,264 2068 438,124,264 8.691.428 (3.552.858) 443.262.834 2069 443.262.834 8,794,390 (3.543,350) 448,513,873 2070 448.513.873 8,899,410 (3,543,350) 453,869,933 207 1 453,869,933 9,006,532 (3.543.350) 459.333,1 15 2072 459,333,1 15 9.115.605 (3.552.858) 464,895,861 2073 464.895.861 9.227.050 (3,543,350) 470,579,561 2074 470,579,561 9,340,724 (3.543.350) 476,376,935 2075 476,376,935 9.456.672 (3.543.350) 482,290,257 2076 482.290.257 9.572.107 (3,684,915) 488. 177.448 2077 488.177
.448 9.690.062 (3.674,351) 494.193.159 2078 494.193.159 9,810,376 (3,674,351) 500.329,185 2079 500,329,185 9,933,097 (3.674.351) 506,587,931 2080 506,587,931 10.058.060 (3.684.915) 512,961,076
Attachment L-17-120 Page 3 of 3 Year Beginning Balance Deposits Earnings Withdrawall'2 Ending Balance 2081 512.961.076 10.185,735 (3,674,351) 519,472,460 2082 519,472.460 10.315,962 (3.674.351) 526,114,071 2083 526.114.071 10.448.794 (3.674.351) 532.888.515 2084 532.888.515 10.584.072 (3,684,915) 539.787.672 2085 539.787.672 10,722,266 (3,674,351) 546,835,587 2086 546,835,587 10,863,225 (3.674.351) 554,024.461 2087 554.024,461 11,007,002 (3.674.351) 561,357,113 2088 561.357,113 11.073.407 (7.686.767) 564,743,753 2089 564.743.753 10.349.453 (47,271,082) 527.822.124 2090 527,822,124 9,314,370 fi12,1 03,616) 424,032,878 2091 424,032,878 6,168,859 (115.589.918)314,611,819 2092 314,611,819 4.995.163 (64.853.664) 254.753.319 2093 254.753.319 4,127,839 (48.361
,344) 210.519.814 2094 210,519,814 4,144,727 8,283,462) 211.381,079 2095 211,381,079 3,765,634 (23,099,390) 192,047,323 2096 192.047.323 3.798.456 Q.124.531) 193.721.248 2097 193.721.248 3.871.953 (123,605) 197.469.595 (711,726,383)
Notes:
- 1. Reflects the SAFSTOR method described in Reference A.
- 2. Withdrawals assumed to be made at beginning of period.
References:
A. Decommissioning Cosf Analysis for the Beaver Valley Power Station, December 2014.