February 19, 2015 Joseph R. Lynch Manager, Government Affairs - PowerPoint PPT Presentation

February 19, 2015

Joseph R. Lynch Manager, Government Affairs Entergy Nuclear Vermont Yankee, LLC (ENVY)

 Vermont Yankee Nuclear Power Station (VYNPS) ceased power operations on December 29, 2014 after 633 days of continuous power operation – a record for the VY site.  On January 12, 2015, all nuclear fuel was removed from the reactor and placed in the Spent Fuel Pool (SFP).  On January 12, 2015, VYNPS certified to the NRC that the reactor had permanently ceased operations and was permanently defueled.  VYNPS exited the NRC Reactor Oversight Process (ROP) and commenced the decommissioning inspection program on January 20, 2015.  The focus us of VYNPS S and its employe yees conti tinu nues to be be our ongoing ng commitment ment to sa safety ty. 3

 Negotiated a Settlement Agreement with the State benefitting both parties, including: $25M Site Restoration Fund ◦ $10M in 2014 and $5M/Year from 2015-2017  $ 5M+ Clean Energy Development Fund ◦ $10M Economic Development Fund ◦ $2M/Year from 2014-2018   Certificate of Public Good (CPG) issued March 28 th , 2014  Issued Site Assessment Study (SAS) on October 17, 2014, which included: ◦ Decommissioning Cost Estimate (DCE) ◦ Draft PSDAR ◦ Historical Site Assessments (Radiological & Non-Radiological)  Post-Shutdown Decommissioning Activities Report (PSDAR) Submitted to NRC on December 19, 2014. 4

Operation on Dormancy cy Prepa paration tion SAFST STOR 2013 2014 2015 2016 2017 - 2020 2021+ Defuel el Fuel Cool Fuel in D Dry Storage rage 1 st st ISFSI I Pad Full; 2 nd nd Pad Neede ded Site e Operation  Operation Wet Fuel (Cool) Wet Fuel (Hot) ) Safety ty ions Managemen ement anizations Dry Fuel Managem ement ent Managem ement ent ~550 Personn nnel ~127 Personn nnel l Organizat ~58 Perso sonne nel ~316 Personn nnel Decom Planning 5

Requ quirem iremen ents ts/G /Guidan idance  10 CFR 50.82(a)(4)  NRC Regulatory Guide 1.185, Revision 1 (June 2013)  Review of recent PSDAR submittals to the USNRC by plants in decommissioning  Written by an experienced team including TLG Services and VY Decommissioning Project Organization. PSDAR AR Con onten tent  Description of Planned Decommissioning Activities  Decommissioning Schedule  Decommissioning Cost Estimate (DCE)  Discussion of Environmental Impacts 6

Decomm mmissio ioni ning ng Activi vity ty Start End Approxim imate ate Durati tion on (Year ars) Trans nsition tion from Operati ation ons Plant Shutdown 12/29/14 - - Preparations for SAFSTOR 12/29/14 4/30/16 1.3 Dormancy SAFSTOR TOR Dormancy ncy Dormancy Period w/Wet Fuel 2016 2020 4.2 Storage Dormancy Period w/Dry Fuel 2020 2052* 32.5 Storage Dormancy Period w/No Stored 2053 2067* 15 Fuel * May be sooner if NDT funds are adequate to complete decommissioning, including any remaining spent fuel management activities. 7

Decomm mmissio ioni ning ng Activi vity ty Start End Approxim imate ate Durati tion on (Year ars) Prepar arati ation ons for Dism smantlin ntling g & Decont ontam amin inat atio ion n (D&D) Preparation for D&D 2068 2069* 1.5 Active ve D&D Large Component Removal 2069 2070* 1.3 Plant Systems Removal & Building 2070 2073* 2.5 Decontamination License Termination 2073 2073* 0.7 Site Resto torat ratio ion Site Restoration 2073 2075* 1.5 Total - Shutdown to Completion of License Termination - - 59 * May be sooner if NDT funds are adequate to complete decommissioning, including any remaining spent fuel management activities. 8

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• Thirteen (13) Dry Cask Storage Casks are safely loaded and stored on the first of two (2) Independent Spent Fuel Storage Installation (ISFSI) pads. • Application for a second ISFSI pad was submitted on June 30 th , 2014 to the Vermont Public Service Board (PSB) seeking a Certificate of Public Good (CPG). • An additional forty-five (45) Dry Cask Storage Casks for a total of fifty-eight (58) will be loaded and stored on the two pads. • Current plan is to transfer all spent fuel to Dry Cask Storage by 2020. 10

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2008 File Photo 12

Requir ireme ements/ nts/Guid Guidance nce  10 CFR 50.54 (bb)  NRC review is conducted in accordance with its standard process Irrad radia iate ted Fuel l Manageme ement nt Plan Conte tent nt  Written notification submitted to USNRC on December 19, 2014 discussing changes to the VYNPS Program for Management of Irradiated Fuel.  Program by which VYNPS intends to manage and provide funding for the management of all spent nuclear fuel until it is transferred to the Department of Energy for ultimate disposal.  Describes ENVY plan to move the fuel from the Spent Fuel Pool (Wet Storage) to the ISFSI (Dry Storage). 13

The Spent Fuel Pool currently stores • 2,996 spent fuel assemblies at VYNPS. The thirteen (13) Dry Cask Storage • Casks contain 884 spent fuel assemblies. A total of 3,880 spent fuel assemblies • are stored at VYNPS. Current Program assumes that DOE will • begin moving fuel from VYNPS in 2026. Current Program assumes that DOE will • complete fuel removal from the site by 2052. The Program describes the strategy for • funding the management of the spent nuclear fuel. 14

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Requ quirem iremen ents ts/G /Guidan idance  10 CFR 50.75(c), 10 CFR 72.30, 10 CFR 50.54(bb)  TLG Services cost estimating model and data  Plant specific data from walk downs and plant design info DCE E Con ontent tent  Discusses the Decommissioning Plan assumptions  Specific Costs for: ◦ License Termination ◦ Spent Fuel Management ◦ Site Restoration  Provides Total Costs by Decommissioning Period 16

Key Assumpt mptions ions Second ISFSI Pad Installed by 2017  Off-Loading of Spent Fuel (Wet to Dry) by 2020  DOE Commences Spent Fuel Removal in 2026  DOE Completes Spent Fuel Removal by 2052  SAFSTOR Dormancy Period – 52 years*  Start of Decontamination & Dismantlement (D&D) in 2068*  Duration of D&D – 6 years  Site Restoration – 1.5 years  * May be sooner if NDT funds are adequate to complete decommissioning, including any remaining spent fuel management activities. 17

 Updated Cost Estimate to Decommission VYNPS is $1.242 Billion in 2014 dollars for SAFSTOR. ◦ Termination of the NRC Operating License - $817 Million ◦ Site Restoration - $57 Million ◦ Spent Fuel Management - $368 Million  Nuclear Decommissioning Trust (NDT) Fund is currently $664.5 Million (as of December 31, 2014) 18

Tota tal Cost ost Breakdow akdown n (2014 014 $ $ in Milli lions) ons) $ 57 $ 368 $ 817 License Termination Spent Fuel Management Site Restoration Total otal Cost t = $ 1.242 242B 19

 Spent Fuel Management - $368 Million ◦ Operational costs - $225 Million ◦ “Transfer to dry storage” - $143 Million  To fund “transfer to dry storage”, ENVY established two (2) credit lines totaling $145 Million ◦ Reduces Spent Fuel Management impact to NDT 20

 Continued Compliance with the Settlement Agreement/MOU  Decommissioning Preparation Activities ◦ System Draining/Lay-Up ◦ Building Power Removal to “Cold and Dark” ◦ Security Modifications  Select Structure/Building Removal  Ongoing Environmental Monitoring  Establishment of Site Restoration Standards with the State of Vermont  Completion of Second ISFSI Pad and Transfer of Spent Fuel from Pool to Pad 21

 Nuclear Decommissioning Citizens Advisory Panel (NDCAP)  Stakeholder Outreach ◦ Speaking Engagements ◦ Community Involvement  Tours for key stakeholders  The Vermont Yankee Decommissioning website: ◦ www.vydecommissioning.com 22