ML112371805

2010 DFS Report Analysis for Point Beach Nuclear Plant, Unit 2

ML112371805
Person / Time
Site:	Point Beach
Issue date:	11/14/2011
From:	Szabo A Division of Inspection and Regional Support
To:
Szabo, A L, NRR/DPR, 415-1985
References
Download: ML112371805 (3)

Text

Datasheet 1 Signature: Aaron Szabo Date: 6/14/2011 Signature: Kosmas Lois Date: 6/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1

2

% Owned:

Category:

100.00%

2 3

4 2.00%

N Y

N 5

6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 1 4/16/2009 the name of the qualified and non-qualifed trusts changed from FPL Energy Point Beach, LLC to NextEra Energy Point Beach, LLC The name of the trustee was changed from "Mellon Trust of Delaware, National Association" to "BNY Mellon Trust of Delaware" to reflect name change that followed the merger of Mellon Trust of Delaware with the Bank of New York (Delaware)

NextEra Licensee:

$245,135,466 Amount in Trust Fund:

Y1 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)

Y

$398,528,276 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

$245,135,466 Real Rate of Return PUC Verified (Y/N)

Total Trust Fund Balance Plant name:

Point Beach Nuclear Plant, Unit 2 50-301 RAI Needed (Y/N)

PUC Verified (Y/N)

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)

Datasheet 2 Signature: Aaron Szabo Date: 6/14/2011 Signature: Kosmas Lois Date: 6/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 3

PWR 1540

$88,552,000 111.3 2.08 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28

% Owned:

Category 100.00%

2 2%

22.19 2%

2%

2%

7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:

Point Beach Nuclear Plant, Unit 2 Docket Number:

Date of Operation:

Latest Month Fx

$380,380,322 Years remaining after annuity Px 50-301 8

31 Termination of Operations:

2033 1986$

Day Base Fx Plant name:

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

Licensee:

$398,414,074 NRC Minimum:

$398,414,074 Trust Fund Balance:

Step 1:

Fx Site Specific:

Total Step 2:

0 Years Left in License 22.19 Real Rate of Return per year Does Licensee Pass:

NO

$0

$28,278,551 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 NextEra Total Annuity:

Step 3:

$245,135,466 Amount in Trust Fund:

$0 Total Earnings:

$380,380,322 Real Rate of Return per year Total of Steps 1 thru 3:

$0 Number of Annual Payments:

Accumulation:

Step 2:

Earnings Credit:

$245,135,466 Decom Period:

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

$245,135,466 Total Step 1 + Step 2

$380,380,322 NO Shortfall:

NO Does Licensee Pass:

Does Licensee Pass:

YES

$408,658,874

Datasheet 2 Signature: Aaron Szabo Date: 6/14/2011 Signature: Kosmas Lois Date: 6/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:

12 3

2010 Year:

Point Beach Nuclear Plant, Unit 2 Docket Number:

Date of Operation:

50-301 8

31 Termination of Operations:

2033 Day Plant name:

2.00%

22.19 2.00%

2.00%

2.00%

7 Earnings Credit:

Step 4:

Shortfall:

NO Real Rate of Return per year Years remaining after annuity

$0 Total Annuity Does Licensee Pass:

Trust Fund Balance:

Years Left in License YES

$28,278,551 Total Step 5 Total of Steps 4 thru 6:

$408,658,874 Does Licensee Pass:

Total Earnings:

22.19 0

$380,380,322

$0

$0 Decom Period:

Step 6:

$380,380,322

$0 Does Licensee Pass:

Real Rate of Return per year NO Total Step 4 + Step 5 Total Earnings for Decom:

Decom Period:

Real Rate of Return per year Accumulation:

Value of Annuity per year

$245,135,466 Total Annuity:

Number of Annual Payments:

Step 5:

Real Rate of Return per year Total Earnings:

$380,380,322 NO If licensee is granted greater than 2% RRR