40662 Federal Register / Vol. 86, No. 142 / Wednesday, July 28, 2021 / Notices 

SUPPLEMENTARY INFORMATION section of 

this document. 

FOR FURTHER INFORMATION CONTACT: 

Casper Sun, Office of Nuclear Reactor 

Regulation, telephone: 301–415–1646, 

email: Casper.Sun@nrc.gov; Michael 

Eudy, Office of Nuclear Regulatory 

Research, telephone: 301–415–3104, 

email: Michael.Eudy@nrc.gov; or Kyle 

Song, Office of Nuclear Regulatory 

Research, telephone: 301–415–3637, 

email: Kyle.Song@nrc.gov. All are staff 

of the U.S. Nuclear Regulatory 

Commission, Washington, DC 20555– 

0001. 

SUPPLEMENTARY INFORMATION: 

I. Obtaining Information and 

Submitting Comments 

A. Obtaining Information 

Please refer to Docket ID NRC–2021– 

0141, facility name, unit number(s), 

docket number(s), application date, and 

subject, if applicable, when contacting 

the NRC about the availability of 

information for this action. You may 

obtain publicly available information 

related to this action by any of the 

following methods: 

• Federal Rulemaking Website: Go to 

https://www.regulations.gov and search 

for Docket ID NRC–2021–0141. 

• NRC’s Agencywide Documents 

Access and Management System 

(ADAMS): You may obtain publicly 

available documents online in the 

ADAMS Public Documents collection at 

https://www.nrc.gov/reading-rm/ 

adams.html. To begin the search, select 

‘‘Begin Web-based ADAMS Search.’’ For 

problems with ADAMS, please contact 

the NRC’s Public Document Room (PDR) 

reference staff at 1–800–397–4209, 301– 

415–4737, or by email to pdr.resource@

nrc.gov. The ADAMS accession number 

for each document referenced (if it is 

available in ADAMS) is provided the 

first time that it is mentioned in the 

SUPPLEMENTARY INFORMATION section. 

• Attention: The PDR, where you may 

examine and order copies of public 

documents, is currently closed. You 

may submit your request to the PDR via 

email at pdr.resource@nrc.gov or call 1– 

800–397–4209 or 301–415–4737, 

between 8:00 a.m. and 4:00 p.m. (ET), 

Monday through Friday, except Federal 

holidays. 

B. Submitting Comments 

The NRC encourages electronic 

comment submission through the 

Federal Rulemaking website (https://

www.regulations.gov). Please include 

Docket ID NRC–2021–0141 in your 

comment submission. 

The NRC cautions you not to include 

identifying or contact information that 

you do not want to be publicly 

disclosed in your comment submission. 

The NRC will post all comment 

submissions at https://

www.regulations.gov as well as enter the 

comment submissions into ADAMS. 

The NRC does not routinely edit 

comment submissions to remove 

identifying or contact information. 

If you are requesting or aggregating 

comments from other persons for 

submission to the NRC, then you should 

inform those persons not to include 

identifying or contact information that 

they do not want to be publicly 

disclosed in their comment submission. 

Your request should state that the NRC 

does not routinely edit comment 

submissions to remove such information 

before making the comment 

submissions available to the public or 

entering the comment into ADAMS. 

II. Additional Information 

The NRC is issuing for public 

comment a DG in the NRC’s ‘‘Regulatory 

Guide’’ series. This series was 

developed to describe methods that are 

acceptable to the NRC staff for 

implementing specific parts of the 

agency’s regulations, to explain 

techniques that the staff uses in 

evaluating specific issues or postulated 

events, and to describe information that 

the staff needs in its review of 

applications for permits and licenses. 

The DG entitled, ‘‘Evaluating the 

Habitability of a Nuclear Power Plant 

Control Room during a Postulated 

Hazardous Chemical Release,’’ is 

temporarily identified by its task 

number, DG–1387 (ADAMS Accession 

No. ML21119A157). The proposed 

revision of this guide (Revision 2) 

presents up-to-date and defense-indepth guidance using the latest 

scientific methods and the updated, 

NRC-endorsed computer code for 

control room habitability evaluation 

called HABIT. HABIT is an integrated 

set of computer codes that the NRC uses 

to evaluate control room habitability 

and estimate the control room 

personnel’s exposure to a chemical 

release. DG–1387 describes an approach 

that is acceptable to the NRC staff to 

meet the requirements of part 50 of title 

10 of the Code of Federal Regulations 

(10 CFR), ‘‘Domestic licensing of 

production and utilization facilities,’’ 

appendix A, ‘‘General Design Criteria 

for Nuclear Power Plants,’’ General 

Design Criterion 19, ‘‘Control Room,’’ 

for evaluating the habitability of a 

nuclear power plant control room 

during a postulated hazardous chemical 

release. 

Revision 1 of RG 1.78 endorsed an 

earlier version of the HABIT code, 

which is described in NUREG/CR–6210, 

Supplement 1, ‘‘Computer Codes for 

Evaluation of Control Room Habitability 

(HABIT V1.1),’’ issued October 1998 

(ADAMS Accession No. ML063480558). 

More recently, the NRC staff endorsed a 

newer version of the HABIT code in 

NUREG–2244, ‘‘HABIT 2.2: Description 

of Models and Methods,’’ issued May 

2021 (ADAMS Accession No. 

ML21120A069). NUREG–2244 is 

incorporated into Revision 2 of this 

proposed guide. 

The staff is also issuing for public 

comment a draft regulatory analysis 

(ADAMS Accession No. ML21119A159). 

The staff developed the regulatory 

analysis to assess the value of revising 

RG 1.78 as well as alternative courses of 

action. 

III. Backfitting, Forward Fitting, and 

Issue Finality 

Issuance of DG–1387, if finalized, 

would not constitute backfitting as 

defined in 10 CFR 50.109, ‘‘Backfitting,’’ 

and as described in NRC Management 

Directive (MD) 8.4, ‘‘Management of 

Backfitting, Forward Fitting, Issue 

Finality, and Information Requests’’; 

would not constitute forward fitting as 

that term is defined and described in 

MD 8.4; or affect the issue finality of any 

approval issued under 10 CFR part 52, 

‘‘Licenses, certifications, and approvals 

for nuclear power reactors.’’ As 

explained in DG–1387, applicants and 

licensees would not be required to 

comply with the positions set forth in 

DG–1387. 

Dated: July 23, 2021. 

For the Nuclear Regulatory Commission. 

Meraj Rahimi, 

Chief, Regulatory Guide and Programs 

Management Branch, Division of Engineering, 

Office of Nuclear Regulatory Research. 

[FR Doc. 2021–16096 Filed 7–27–21; 8:45 am] 

BILLING CODE 7590–01–P 

NUCLEAR REGULATORY 

COMMISSION 

[Docket Nos. 50–269, 50–270, and 50–287; 

NRC–2021–0127] 

Duke Energy Carolinas, LLC; Duke 

Energy; Oconee Nuclear Station, Units 

1, 2, and 3 

AGENCY: Nuclear Regulatory 

Commission. 

ACTION: Subsequent license renewal 

application; opportunity to request a 

hearing and to petition for leave to 

intervene. 

SUMMARY: The U.S. Nuclear Regulatory 

Commission (NRC) is considering an 

application for the subsequent license 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 86, No. 142 / Wednesday, July 28, 2021 / Notices 40663 

renewal of Renewed Facility Operating 

License Nos. DPR–38, DPR–47, and 

DPR–55, which authorize Duke Energy 

Carolinas, LLC (Duke Energy or the 

applicant) to operate Oconee Nuclear 

Station (ONS), Units 1, 2, and 3. The 

renewed licenses would authorize the 

applicant to operate ONS for an 

additional 20 years beyond the period 

specified in each of the current renewed 

licenses. The current renewed operating 

licenses for ONS expire as follows: Unit 

1 on February 6, 2033, Unit 2 on 

October 6, 2033, and Unit 3 on July 19, 

2034. 

DATES: A request for a hearing or 

petition for leave to intervene must be 

filed by September 27, 2021. 

ADDRESSES: Please refer to Docket ID 

NRC–2021–0127 when contacting the 

NRC about the availability of 

information regarding this document. 

You may obtain publicly available 

information related to this document 

using any of the following methods: 

• Federal Rulemaking Website: Go to 

https://www.regulations.gov and search 

for Docket ID NRC–2021–0127. Address 

questions about Docket IDs in 

Regulations.gov to Stacy Schumann; 

telephone: 301–287–0624; email: 

Stacy.Schumann@nrc.gov. For technical 

questions, contact the individual listed 

in the FOR FURTHER INFORMATION

CONTACT section of this document. 

• NRC’s Agencywide Documents 

Access and Management System 

(ADAMS): You may obtain publicly 

available documents online in the 

ADAMS Public Documents collection at 

https://www.nrc.gov/reading-rm/ 

adams.html. To begin the search, select 

‘‘Begin Web-based ADAMS Search.’’ For 

problems with ADAMS, please contact 

the NRC’s Public Document Room (PDR) 

reference staff at 1–800–397–4209, 301– 

415–4737, or by email to pdr.resource@

nrc.gov. The ADAMS accession number 

for each document referenced (if it is 

available in ADAMS) is provided the 

first time that it is mentioned in this 

document. 

• Attention: The PDR, where you may 

examine and order copies of public 

documents, is currently closed. You 

may submit your request to the PDR via 

email at pdr.resource@nrc.gov or call 1– 

800–397–4209 or 301–415–4737, 

between 8:00 a.m. and 4:00 p.m. (ET), 

Monday through Friday, except Federal 

holidays. 

• Public Library: A copy of the 

subsequent license renewal application 

for ONS can be accessed at the 

following public library: Seneca Library, 

300 E South 2nd St., Seneca, SC 29678. 

FOR FURTHER INFORMATION CONTACT: 

Angela Wu, Office of Nuclear Reactor 

Regulation, U.S. Nuclear Regulatory 

Commission, Washington, DC 20555– 

0001; telephone: 301–415–2995; email: 

Angela.Wu@nrc.gov. 

SUPPLEMENTARY INFORMATION: 

I. Introduction 

The NRC has received an application 

(ADAMS Package Accession No. 

ML21158A193) from Duke Energy, 

dated June 7, 2021, filed pursuant to 

Section 103 of the Atomic Energy Act of 

1954, as amended (the Act), and part 54 

of title 10 of the Code of Federal 

Regulations (10 CFR), to renew the 

operating licenses for ONS at 2,568 

megawatts thermal each. The ONS units 

are pressurized-water reactors designed 

by Babcock and Wilcox and are located 

in Seneca, South Carolina. A notice of 

receipt of the subsequent license 

renewal application (SLRA) was 

published in the Federal Register on 

June 25, 2021 (86 FR 33784). 

The NRC staff has determined that 

Duke Energy has submitted sufficient 

information in accordance with 10 CFR 

54.19, 54.21, 54.22, 54.23, 51.45, and 

51.53(c), to enable the staff to undertake 

a review of the application, and that the 

application is, therefore, acceptable for 

docketing. The current Docket Nos. 50– 

269, 50–270 and 50–287 for Renewed 

Facility Operating License Nos. DPR–38, 

DPR–47, and DPR–55, respectively, will 

be retained. The determination to accept 

the SLRA for docketing does not 

constitute a determination that a 

subsequent renewed license should be 

issued and does not preclude the NRC 

staff from requesting additional 

information as the review proceeds. 

Before issuance of the requested 

subsequent renewed licenses, the NRC 

will have made the findings required by 

the Act and the Commission’s rules and 

regulations. In accordance with 10 CFR 

54.29, the NRC may issue a subsequent 

renewed license on the basis of its 

review if it finds that actions have been 

identified and have been or will be 

taken with respect to: (1) Managing the 

effects of aging during the period of 

extended operation on the functionality 

of structures and components that have 

been identified as requiring aging 

management review; and (2) timelimited aging analyses that have been 

identified as requiring review, such that 

there is reasonable assurance that the 

activities authorized by the renewed 

licenses will continue to be conducted 

in accordance with the current licensing 

basis and that any changes made to the 

plant’s current licensing basis will 

comply with the Act and the 

Commission’s regulations. 

Additionally, in accordance with 10 

CFR 51.95(c), the NRC will prepare an 

environmental impact statement as a 

supplement to the Commission’s 

NUREG–1437, ‘‘Generic Environmental 

Impact Statement for License Renewal 

of Nuclear Power Plants,’’ dated June 

2013 (ADAMS Accession No. 

ML13106A241). In considering the 

SLRA, the Commission must find that 

the applicable requirements of subpart 

A of 10 CFR part 51 have been satisfied, 

and that any matters raised under 10 

CFR 2.335 have been addressed. 

Pursuant to 10 CFR 51.26, and as part 

of the environmental scoping process, 

the staff intends to hold public scoping 

meetings. Detailed information 

regarding the environmental scoping 

meetings will be the subject of a 

separate Federal Register notice. 

II. Opportunity To Request a Hearing 

and Petition for Leave To Intervene 

Within 60 days after the date of 

publication of this notice, any persons 

(petitioner) whose interest may be 

affected by this action may file a request 

for a hearing and petition for leave to 

intervene (petition) with respect to the 

action. Petitions shall be filed in 

accordance with the Commission’s 

‘‘Agency Rules of Practice and 

Procedure’’ in 10 CFR part 2. Interested 

persons should consult a current copy 

of 10 CFR 2.309. The NRC’s regulations 

are accessible electronically from the 

NRC Library on the NRC’s website at 

https://www.nrc.gov/reading-rm/doccollections/cfr/. If a petition is filed, the 

Commission or a presiding officer will 

rule on the petition and, if appropriate, 

a notice of hearing will be issued. 

As required by 10 CFR 2.309, a 

petition should specifically explain the 

reasons why intervention should be 

permitted with particular reference to 

the following general requirements for 

standing: (1) The name, address, and 

telephone number of the petitioner; (2) 

the nature of the petitioner’s right under 

the Act to be made a party to the 

proceeding; (3) the nature and extent of 

the petitioner’s property, financial, or 

other interest in the proceeding; and (4) 

the possible effect of any decision or 

order which may be entered in the 

proceeding on the petitioner’s interest. 

In accordance with 10 CFR 2.309(f), 

the petition must also set forth the 

specific contentions which the 

petitioner seeks to have litigated in the 

proceeding. Each contention must 

consist of a specific statement of the 

issue of law or fact to be raised or 

controverted. In addition, the petitioner 

must provide a brief explanation of the 

bases for the contention and a concise 

statement of the alleged facts or expert 

opinion which support the contention 

and on which the petitioner intends to 


khammond on DSKJM1Z7X2PROD with NOTICES
40664 Federal Register / Vol. 86, No. 142 / Wednesday, July 28, 2021 / Notices 

rely in proving the contention at the 

hearing. The petitioner must also 

provide references to the specific 

sources and documents on which the 

petitioner intends to rely to support its 

position on the issue. The petition must 

include sufficient information to show 

that a genuine dispute exists with the 

applicant or licensee on a material issue 

of law or fact. Contentions must be 

limited to matters within the scope of 

the proceeding. The contention must be 

one which, if proven, would entitle the 

petitioner to relief. A petitioner who 

fails to satisfy the requirements at 10 

CFR 2.309(f) with respect to at least one 

contention will not be permitted to 

participate as a party. 

Those permitted to intervene become 

parties to the proceeding, subject to any 

limitations in the order granting leave to 

intervene. Parties have the opportunity 

to participate fully in the conduct of the 

hearing with respect to resolution of 

that party’s admitted contentions, 

including the opportunity to present 

evidence, consistent with the NRC’s 

regulations, policies, and procedures. 

Petitions must be filed no later than 

60 days from the date of publication of 

this notice. Petitions and motions for 

leave to file new or amended 

contentions that are filed after the 

deadline will not be entertained absent 

a determination by the presiding officer 

that the filing demonstrates good cause 

by satisfying the three factors in 10 CFR 

2.309(c)(1)(i) through (iii). The petition 

must be filed in accordance with the 

filing instructions in the ‘‘Electronic 

Submissions (E-Filing)’’ section of this 

document. 

A State, local governmental body, 

Federally recognized Indian Tribe, or 

agency thereof, may submit a petition to 

the Commission to participate as a party 

under 10 CFR 2.309(h)(1). The petition 

should state the nature and extent of the 

petitioner’s interest in the proceeding. 

The petition should be submitted to the 

Commission no later than 60 days from 

the date of publication of this notice. 

The petition must be filed in accordance 

with the filing instructions in the 

‘‘Electronic Submission (E-Filing)’’ 

section of this document, and should 

meet the requirements for petitions set 

forth in this section, except that under 

10 CFR 2.309(h)(2) a State, local 

governmental body, or Federallyrecognized Indian Tribe, or agency 

thereof does not need to address the 

standing requirements in 10 CFR 

2.309(d) if the facility is located within 

its boundaries. Alternatively, a State, 

local governmental body, Federally 

recognized Indian Tribe, or agency 

thereof may participate as a non-party 

under 10 CFR 2.315(c). 

If a hearing is granted, any person 

who is not a party to the proceeding and 

is not affiliated with or represented by 

a party may, in the discretion of the 

presiding officer, be permitted to make 

a limited appearance pursuant to the 

provisions of 10 CFR 2.315(a). A person 

making a limited appearance may make 

an oral or written statement of his or her 

position on the issues but may not 

otherwise participate in the proceeding. 

A limited appearance may be made at 

any session of the hearing or at any 

prehearing conference, subject to the 

limits and conditions as may be 

imposed by the presiding officer. Details 

regarding the opportunity to make a 

limited appearance will be provided by 

the presiding officer if such sessions are 

scheduled. 

III. Electronic Submissions (E-Filing) 

All documents filed in NRC 

adjudicatory proceedings, including a 

request for hearing and petition for 

leave to intervene (petition), any motion 

or other document filed in the 

proceeding prior to the submission of a 

request for hearing or petition to 

intervene, and documents filed by 

interested governmental entities that 

request to participate under 10 CFR 

2.315(c), must be filed in accordance 

with the NRC’s E-Filing rule (72 FR 

49139; August 28, 2007, as amended at 

77 FR 46562, August 3, 2012). The EFiling process requires participants to 

submit and serve all adjudicatory 

documents over the internet, or in some 

cases to mail copies on electronic 

storage media. Detailed guidance on 

making electronic submissions may be 

found in the Guidance for Electronic 

Submissions to the NRC and on the 

NRC’s website at https://www.nrc.gov/ 

site-help/e-submittals.html. Participants 

may not submit paper copies of their 

filings unless they seek an exemption in 

accordance with the following 

procedures. 

To comply with the procedural 

requirements of E-Filing, at least 10 

days prior to the filing deadline, the 

participant should contact the Office of 

the Secretary by email at 

hearing.docket@nrc.gov, or by telephone 

at 301–415–1677, to request (1) a digital 

identification (ID) certificate, that allows 

the participant (or its counsel or 

representative) to digitally sign 

submissions and access the E-Filing 

system for any proceeding in which it 

is participating; and (2) advise the 

Secretary that the participant will be 

submitting a request or other 

adjudicatory document (even in 

instances in which the participant, or its 

counsel or representative, already holds 

an NRC-issued digital ID certificate). 

Based upon this information, the 

Secretary will establish an electronic 

docket for the hearing in this proceeding 

if the Secretary has not already 

established an electronic docket. 

Information about applying for a 

digital ID certificate is available on the 

NRC’s public website at https://

www.nrc.gov/site-help/e-submittals/ 

getting-started.html. Once a participant 

has obtained a digital ID certificate and 

a docket has been created, the 

participant can then submit 

adjudicatory documents. Submissions 

must be in Portable Document Format 

(PDF). Additional guidance on PDF 

submissions is available on the NRC’s 

public website at https://www.nrc.gov/ 

site-help/electronic-sub-ref-mat.html. A 

filing is considered complete at the time 

the document is submitted through the 

NRC’s E-Filing system. To be timely, an 

electronic filing must be submitted to 

the E-Filing system no later than 11:59 

p.m. ET on the due date. Upon receipt 

of a transmission, the E-Filing system 

time-stamps the document and sends 

the submitter an email notice 

confirming receipt of the document. The 

E-Filing system also distributes an email 

notice that provides access to the 

document to the NRC’s Office of the 

General Counsel and any others who 

have advised the Office of the Secretary 

that they wish to participate in the 

proceeding, so that the filer need not 

serve the document on those 

participants separately. Therefore, 

applicants and other participants (or 

their counsel or representative) must 

apply for and receive a digital ID 

certificate before adjudicatory 

documents are filed so that they can 

obtain access to the documents via the 

E-Filing system. 

A person filing electronically using 

the NRC’s adjudicatory E-Filing system 

may seek assistance by contacting the 

NRC’s Electronic Filing Help Desk 

through the ‘‘Contact Us’’ link located 

on the NRC’s public website at https:// 

www.nrc.gov/site-help/esubmittals.html, by email to 

MSHD.Resource@nrc.gov, or by a tollfree call at 1–866–672–7640. The NRC 

Electronic Filing Help Desk is available 

between 9 a.m. and 6 p.m., ET, Monday 

through Friday, excluding government 

holidays. 

Participants who believe that they 

have a good cause for not submitting 

documents electronically must file an 

exemption request, in accordance with 

10 CFR 2.302(g), with their initial paper 

filing stating why there is good cause for 

not filing electronically and requesting 

authorization to continue to submit 

documents in paper format. Such filings 

must be submitted by: (1) First class 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 86, No. 142 / Wednesday, July 28, 2021 / Notices 40665 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3Pursuant to an Index Swaption, one party (the 

‘‘Swaption Buyer’’) has the right (but not the 

obligation) to cause the other party (the ‘‘Swaption 

Seller’’) to enter into an index credit default swap 

transaction at a pre-determined strike price on a 

specified expiration date on specified terms. In the 

case of Index Swaptions cleared by ICC, the 

underlying index credit default swap is limited to 

certain CDX and iTraxx index credit default swaps 

that are accepted for clearing by ICC, and which 

would be automatically cleared by ICC upon 

exercise of the Index Swaption by the Swaption 

Buyer in accordance with its terms. 

mail addressed to the Office of the 

Secretary of the Commission, U.S. 

Nuclear Regulatory Commission, 

Washington, DC 20555–0001, Attention: 

Rulemaking and Adjudications Staff; or 

(2) courier, express mail, or expedited 

delivery service to the Office of the 

Secretary, 11555 Rockville Pike, 

Rockville, Maryland 20852, Attention: 

Rulemaking and Adjudications Staff. 

Participants filing adjudicatory 

documents in this manner are 

responsible for serving the document on 

all other participants. Filing is 

considered complete by first-class mail 

as of the time of deposit in the mail, or 

by courier, express mail, or expedited 

delivery service upon depositing the 

document with the provider of the 

service. A presiding officer, having 

granted a request for exemption from 

using E-Filing, may require a participant 

or party to use E-Filing if the presiding 

officer subsequently determines that the 

reason for granting the exemption from 

use of E-Filing no longer exists. 

Documents submitted in adjudicatory 

proceedings will appear in the NRC’s 

electronic hearing docket which is 

available to the public at https://

adams.nrc.gov/ehd, unless excluded 

pursuant to an order of the Commission 

or the presiding officer. If you do not 

have an NRC-issued digital ID certificate 

as previously described, click cancel 

when the link requests certificates and 

you will be automatically directed to the 

NRC’s electronic hearing dockets where 

you will be able to access any publicly 

available documents in a particular 

hearing docket. Participants are 

requested not to include personal 

privacy information, such as social 

security numbers, home addresses, or 

personal phone numbers in their filings, 

unless an NRC regulation or other law 

requires submission of such 

information. For example, in some 

instances, individuals provide home 

addresses in order to demonstrate 

proximity to a facility or site. With 

respect to copyrighted works, except for 

limited excerpts that serve the purpose 

of the adjudicatory filings and would 

constitute a Fair Use application, 

participants are requested not to include 

copyrighted materials in their 

submission. 

Detailed information about the 

subsequent license renewal process can 

be found under the Nuclear Reactors 

icon at https://www.nrc.gov/reactors/ 

operating/licensing/renewal.html on the 

NRC’s website. Copies of the application 

to renew the operating licenses for ONS 

are available for public inspection at the 

NRC’s PDR, and at https://www.nrc.gov/ 

reactors/operating/licensing/renewal/ 

subsequent-license-renewal.html, the 

NRC’s website while the application is 

under review. The application may be 

accessed in ADAMS through the NRC 

Library on the internet at https://

www.nrc.gov/reading-rm/adams.html 

under ADAMS Package Accession No. 

ML21158A193. As previously stated, 

persons who do not have access to 

ADAMS or who encounter problems in 

accessing the documents located in 

ADAMS may contact the NRC’s PDR 

reference staff by telephone at 1–800– 

397–4209 or 301–415–4737, or by email 

to pdr.resources@nrc.gov. 

Dated: July 22, 2021. 

For the Nuclear Regulatory Commission. 

Lauren K. Gibson, 

Chief, License Renewal Project Branch, 

Division of New and Renewed Licenses, Office 

of Nuclear Reactor Regulation. 

[FR Doc. 2021–16011 Filed 7–27–21; 8:45 am] 

BILLING CODE 7590–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–92468; File No. SR–ICC– 

2021–016] 

Self-Regulatory Organizations; ICE 

Clear Credit LLC; Notice of Proposed 

Rule Change Relating to the ICC 

Exercise Procedures 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934, (the 

‘‘Act’’),1 and Rule 19b-4 thereunder,2

notice is hereby given that on July 8, 

2021, ICE Clear Credit LLC (‘‘ICC’’) filed 

with the Securities and Exchange 

Commission the proposed rule change 

as described in Items I, II, and III below, 

which Items have been prepared 

primarily by ICC. The Commission is 

publishing this notice to solicit 

comments on the proposed rule change 

from interested persons. 

I. Clearing Agency’s Statement of the 

Terms of Substance of the Proposed 

Rule Change 

The principal purpose of the 

proposed rule change is to revise the 

Exercise Procedures in connection with 

the clearing of credit default index 

swaptions (‘‘Index Swaptions’’). 

II. Clearing Agency’s Statement of the 

Purpose of, and Statutory Basis for, the 

Proposed Rule Change 

In its filing with the Commission, ICC 

included statements concerning the 

purpose of and basis for the proposed 

rule change, security-based swap 

submission, or advance notice and 

discussed any comments it received on 

the proposed rule change, securitybased swap submission, or advance 

notice. The text of these statements may 

be examined at the places specified in 

Item IV below. ICC has prepared 

summaries, set forth in sections (A), (B), 

and (C) below, of the most significant 

aspects of these statements. 

(A) Clearing Agency’s Statement of the 

Purpose of, and Statutory Basis for, the 

Proposed Rule Change 

(a) Purpose 

ICC proposes revising the Exercise 

Procedures in connection with the 

clearing of Index Swaptions. The 

Exercise Procedures supplement the 

provisions of Subchapter 26R of the ICC 

Clearing Rules (the ‘‘Rules’’) with 

respect to Index Swaptions 3 and 

provide further detail as to the manner 

in which Index Swaptions may be 

exercised by Swaption Buyers, the 

manner in which ICC will assign such 

exercises to Swaption Sellers, and 

certain actions that ICC may take in the 

event of technical issues. ICC proposes 

to make the changes effective following 

Commission approval of the proposed 

rule change. The proposed revisions are 

described in detail as follows. 

ICC proposes changes related to 

certain fallback measures included in 

the Exercise Procedures. ICC proposes 

to amend Paragraph 2.6, which includes 

procedures to address a failure of the 

electronic system established by ICC for 

exercise (‘‘Exercise System Failure’’). In 

such case, Paragraph 2.6 currently 

provides ICC with the following 

options: (i) Cancel and reschedule the 

Exercise Period (i.e., the period on the 

expiration date of an Index Swaption 

during which the Swaption Buyer may 

deliver an exercise notice to ICC to 

exercise all or part of such Index 

Swaption); (ii) determine that automatic 

exercise will apply; and/or (iii) take 

such other action as ICC determines to 

be appropriate to permit exercising 

parties to submit exercise notices and to 

permit ICC to assign such notices. The 

proposed changes remove the ability to 

cancel and reschedule the Exercise 

Period and renumber the following 

options accordingly. 


khammond on DSKJM1Z7X2PROD with NOTICES