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:
ning, as described in detail in NUREG-1537 and NUREG/CR-1756. 2 To the extent that power reactor licensees have received rate regulatory approval to use market-based rates for a significant portion of their nuclear-related revenues (i.e., greater than 20 percent), the NRC will not consider them to be subject to traditional cost-of-service rate regulation for that portion of their rates. DG-1348 Revision 1, Page 24 2.8 Procedures for Prematurely or Previously Shutdown Reactors The funding requirements of 10 CFR 50.75, 10 CFR 50.82, and 10 CFR 52.110 apply to 10 CFR Part 50 or 10 CFR Part 52 facilities, including those that were shut down prior to the effective date in the rule, because these facilities possess a 10 CFR Part 50 or 10 CFR Part 52 license, albeit potentially modified. For a facility that has permanently ceased operation before the expiration of its license, in accordance with the provisions of 10 CFR 50.82(c), the collection period for any shortfall of funds will be determined upon application by the licensee, on a case-by-case basis taking into account the specific financial situation of each licensee. Each licensee should provide the following: 2.8.1 information on how reasonable assurance will be provided that funds will be available to decommission the facility; 2.8.2 information on the amount of funds necessary for decommissioning, as required by 10 CFR 50.75(f) (i.e., a site-specific decommissioning cost estimate that includes provisions for adjusting the estimate should be submitted based on Regulatory Position C.1); and 2.8.3 information on the method of financial assurance to be used, as required by 10 CFR 50.75(e). That is, funds needed to complete decommissioning are to be placed in an account segregated from licensee assets and outside the licensee’s administrative control, or a surety method or funding statement of intent should be maintained based on Regulatory Position C.2. DG-1348 Revision 1, Page 25 D. IMPLEMENTATION The NRC staff may