Document: NRC Regulatory Guide
Document ID: 8ebf2253-f3d2-4bcd-ac80-7cbf6ab8d420
Document Type: regulatory_guide
Title: Assuring the Availability of Funds for Decommissioning Nuclear Reactors + HISTORY –HISTORY 02/2022 – DG-1348 Revision 1, Proposed Revision 3 06/2018 – DG-1348 , Proposed Revision 3 11/2016 – Periodic Review of Revision 2 – Reviewed with no issues identified 01/2011 – DG-1229 , Proposed Revision 2 05/2001 – DG-1106 , Proposed Revision 1 05/1989 – DG-1003 , Proposed Revision 0 (Rev. 1)
Source: NRC Regulatory Guide Division 1
Source URL: https://www.nrc.gov/docs/ML2134/ML21347A081.pdf
Revision Date: 2023-05
Chapter: 
Section ID: RG-1.159
CFR Part: 
CFR Title: 

Content:
rted by the full faith and credit of the U.S. Government, or as applicable, the state or local government. A signed copy of the statement of intent that funds will be obtained when necessary should be maintained in the licensee’s records and be available for inspection. 2.6 Triennial Reports 2.6.1 Pursuant to 10 CFR 50.75(f)(1), each power reactor licensee shall report, on a calendar-year basis, to the NRC by March 31, 2021, and at least once every 3 years thereafter on the status of its decommissioning funding provided by the financial assurance methods described in 10 CFR 50.75(e)(1) for each reactor or part of a reactor that it owns. However, each holder of a combined license under 10 CFR Part 52 need not begin reporting until the date that the Commission has made the finding under 10 CFR 52.103(g). The information in this report must include, at a minimum: (1) an estimate of the amount of decommissioning funds to be required, pursuant to 10 CFR 50.75(b) and (c), or a site-specific decommissioning cost estimate, if greater than the amount in 10 CFR 50.75(c), as appropriate (or for a reactor that is neither a BWR or a PWR); (2) the amount accumulated to the end of the calendar year preceding the date of the report to meet 10 CFR 50.75 requirements; (3) a schedule of the annual amounts remaining to be collected; (4) the assumptions used regarding rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections; (5) any contracts upon which the licensee is relying, pursuant to 10 CFR 50.75(e)(1)(v); and (6) any modifications to a licensee’s current method of providing DG-1348 Revision 1, Page 23 financial assurance occurring since the last submitted report, including any material modifications to decommissioning trust agreements. Once a power reactor licensee has determined that it is within 5 years of permanent cessation of operations, it shall submit this report annually. Licensees