Source: https://regulations.justia.com/regulations/fedreg/2019/12/06/2019-26389.html
Timestamp: 2020-01-27 00:11:20
Document Index: 781428778

Matched Legal Cases: ['art 51', 'art 140', 'art 51', 'art 140', 'art 51', 'art 140']

In the Matter of FirstEnergy Nuclear Operating Company; Beaver Valley Power Station, Unit Nos. 1 and 2, and Independent Spent Fuel Storage Installation (ISFSI); Davis-Besse Nuclear Power Station, Unit No. 1 and ISFSI; and Perry Nuclear Power Plant, Unit No. 1 and ISFSI, 66936-66938 [2019-26389] :: Nuclear Regulatory Commission :: Agencies And Commissions :: Regulation Tracker :: Justia
Justia Regulation Tracker Agencies And Commissions Nuclear Regulatory Commission In the Matter of FirstEnergy Nuclear Operating Company; Beaver Valley Power Station, Unit Nos. 1 and 2, and Independent Spent Fuel Storage Installation (ISFSI); Davis-Besse Nuclear Power Station, Unit No. 1 and ISFSI; and Perry Nuclear Power Plant, Unit No. 1 and ISFSI, 66936-66938 [2019-26389]
In the Matter of FirstEnergy Nuclear Operating Company; Beaver Valley Power Station, Unit Nos. 1 and 2, and Independent Spent Fuel Storage Installation (ISFSI); Davis-Besse Nuclear Power Station, Unit No. 1 and ISFSI; and Perry Nuclear Power Plant, Unit No. 1 and ISFSI, 66936-66938 [2019-26389]
Download as PDF 66936 Federal Register / Vol. 84, No. 235 / Friday, December 6, 2019 / Notices lotter on DSKBCFDHB2PROD with NOTICES qualified to hold the licenses. The NRC staff has also determined that the proposed license transfer is otherwise consistent with the applicable provisions of law, regulations, and orders issued by the Commission pursuant thereto, subject to the condition set forth below. Upon review of the application for conforming amendments to the ZNPS licenses to reflect the transfer to EGC, the NRC staff determined the following: (1) The application for the proposed license amendments complies with the standards and requirements of the Atomic Energy Act of 1954, as amended (the Act), and the Commission’s rules and regulations set forth in 10 CFR Chapter I. (2) There is reasonable assurance that the activities authorized by the proposed license amendments can be conducted without endangering the health and safety of the public, and that such activities will be conducted in compliance with the Commission’s regulations. (3) The issuance of the proposed license amendments will not be inimical to the common defense and security or to the health and safety of the public. (4) The issuance of the proposed license amendments is in accordance with 10 CFR part 51 of the Commission’s regulations and all applicable requirements have been satisfied. The findings set forth above are supported by an NRC safety evaluation dated November 26, 2019, which is available at ADAMS Accession No. ML19228A131. III. Accordingly, pursuant to Sections 161b, 161i, and 184 of the Act, 42 U.S.C. Sections 2201(b), 2201(i), and 2234; and 10 CFR 50.80, it is hereby ordered that the application regarding the proposed license transfer is approved, subject to the following condition: Prior to the consummation of the license transfer from ZS to EGC, EGC shall provide satisfactory documentary evidence to the Director of the Office of Nuclear Material Safety and Safeguards at the NRC that it has obtained or continues to possess the appropriate amount of insurance required of a licensee under 10 CFR part 140 and 10 CFR 50.54(w), consistent with the exemptions issued to ZNPS on December 21, 1999. It is further ordered that, consistent with 10 CFR 2.1315(b), the license amendments that make changes, as indicated in Enclosure 2 to the cover letter forwarding this Order, to conform the licenses to reflect the subject license transfer are approved. The amendments shall be issued and made effective at the time the proposed license transfer is completed. It is further ordered that, after receipt of all required regulatory approvals of the proposed transfer action, EGC shall inform the Director of the Office of Nuclear Material Safety and Safeguards in writing of such receipt, and of the date of closing of the transfer, no later than 5 business days before the date of the closing of the transfer. Should the proposed transfer not be completed within 1 year of this Order’s date of issuance, this Order shall become null and void; provided, however, that upon written VerDate Sep<11>2014 16:11 Dec 05, 2019 Jkt 250001 application and for good cause shown, such date may be extended by order. This Order is effective upon issuance. For further details with respect to this Order, see the application dated July 24, 2018 (ADAMS Accession No. ML18211A303), the supplements dated January 21, 2019 (ADAMS Accession No. ML19028A175) and February 8, 2019 (ADAMS Accession No. ML 19043A673), and the NRC’s safety evaluation dated November 26, 2019 (ADAMS Accession No. ML19228A131), which are available for public inspection at the NRC’s Public Document Room located at One White Flint North, Public File Area O1–F21, 11555 Rockville Pike (First Floor), Rockville, Maryland. Publicly available documents created or received at the NRC are accessible electronically through ADAMS in the NRC Library at http://www.nrc.gov/reading-rm/ adams.html. Persons who do not have access to ADAMS or who encounter problems accessing the documents located in ADAMS should contact the NRC Public Document Room reference staff by telephone at 1–800– 397–4209 or 301–415–4737 or by email to pdr.resource@nrc.gov. Dated at Rockville, Maryland, this 26th day of November, 2019. For the Nuclear Regulatory Commission /RA/ John W. Lubinski, Director, Office of Nuclear Material Safety and Safeguards. [FR Doc. 2019–26352 Filed 12–5–19; 8:45 a.m.] BILLING CODE 7590–01–P NUCLEAR REGULATORY COMMISSION [Docket Nos. 50–334, 50–412, 72–1043, 50– 346, 72–14, 50–440, and 72–69; NRC–2019– 0137] In the Matter of FirstEnergy Nuclear Operating Company; Beaver Valley Power Station, Unit Nos. 1 and 2, and Independent Spent Fuel Storage Installation (ISFSI); Davis-Besse Nuclear Power Station, Unit No. 1 and ISFSI; and Perry Nuclear Power Plant, Unit No. 1 and ISFSI Nuclear Regulatory Commission. ACTION: Direct and indirect transfer of licenses; order. AGENCY: The U.S. Nuclear Regulatory Commission (NRC) is issuing the Order approving the application filed by FirstEnergy Nuclear Operating Company (FENOC), acting on behalf of itself and FirstEnergy Nuclear Generation, LLC (FENGen), (together, the Applicants) on April 26, 2019, as supplemented. The application seeks an NRC order consenting to the direct and indirect transfer of licenses for Beaver Valley Power Station, Unit Nos. 1 and 2; DavisBesse Nuclear Power Station, Unit No. SUMMARY: PO 00000 Frm 00067 Fmt 4703 Sfmt 4703 1; and Perry Nuclear Power PIant, Unit No. 1, and their respective generally licensed independent spent fuel storage installations (ISFSIs) (together, the Facilities). Specifically, the Applicants requested a direct transfer of operating authority for the Facilities from FENOC to an as-yet unnamed company, herein identified as OpCo; a direct transfer of ownership of the Facilities from FENGen to an as-yet unnamed company, herein identified as OwnerCo; and an indirect transfer of ownership of the Facilities to an as-yet unnamed parent company, herein identified as New HoldCo (FirstEnergy Corp. is currently the ultimate parent company). The Applicants also requested the NRC’s prior written consent and issuance of conforming amendments to the licenses. No physical changes to the Facilities or operational changes were proposed in the application. The Order is effective upon issuance. DATES: The Order was issued on December 2, 2019, and is effective for one year. ADDRESSES: Please refer to Docket ID NRC–2019–0137 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–2019–0137. Address questions about NRC docket IDs in Regulations.gov to Jennifer Borges; telephone: 301–287–9127; email: Jennifer.Borges@nrc.gov. For technical questions, contact the individuals listed in the FOR FURTHER INFORMATION CONTACT section of this document. • NRC’s Agencywide Documents Access and Management System (ADAMS): You may obtain publiclyavailable documents online in the ADAMS Public Documents collection at http://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. For the convenience of the reader, instructions about obtaining materials referenced in this document are provided in the ‘‘Availability of Documents’’ section. • NRC’s PDR: You may examine and purchase copies of public documents at the NRC’s PDR, Room O1–F21, One White Flint North, 11555 Rockville Pike, Rockville, Maryland 20852. FOR FURTHER INFORMATION CONTACT: Bhalchandra K. Vaidya, telephone: 301– E:\FR\FM\06DEN1.SGM 06DEN1 Federal Register / Vol. 84, No. 235 / Friday, December 6, 2019 / Notices 415–3308, email: Bhalchandra.Vaidya@ nrc.gov or Joel S. Wiebe, telephone: 301–415–6606, email: Joel.Wiebe@ nrc.gov. Both are staff of the Office of Nuclear Reactor Regulation, U.S. SUPPLEMENTARY INFORMATION: The text of the Order is attached. Availability of Documents The documents identified in the following table are available to interested persons through one or more of the following methods, as indicated. Document ADAMS Accession No. Application for Order Consenting to Transfer of Licenses and Conforming License Amendments, dated April 26, 2019 ................ Supplemental Information Needed for Acceptance of Requested Licensing Action RE: Application for Order Consenting to Transfer of Licenses and Conforming License Amendments (EPID–L–2019–LLM–0000), dated May 31, 2019. Response to Request for Additional Information Regarding an Application for Order Consenting to Transfer of Licenses and Conforming License Amendments (EPID–L–2019–LLM–0000), dated August 2, 2019. Supplemental to Application for Order Consenting to Transfer of Licenses and Conforming License Amendments (EPID–L–201 9–LLM–0000), dated August 29, 2019. Supplemental to Application for Order Consenting to Transfer of Licenses and Conforming License Amendments (EPID–L– 2019–LLM–0000), dated September 25, 2019. Supplemental to Application for Order Consenting to Transfer of Licenses and Conforming License Amendments (EPID–L– 2019–LLM–0000), dated September 25, 2019. Supplemental to Application for Order Consenting to Transfer of Licenses and Conforming License Amendments (EPID–L– 2019–LLM–0000), dated October 17, 2019. ML19116A087 ML19151A531 Dated at Rockville, Maryland, this 3rd day of December 2019. For the Nuclear Regulatory Commission. Scott P. Wall, Senior Project Manager, Plant Licensing Branch III, Division of Operating Reactor Licensing, Office of Nuclear Reactor Regulation. Attachment—Order Approving Direct and Indirect Transfers of Control of Licenses and Draft Conforming License Amendments United States of America Nuclear Regulatory Commission In the Matter of Firstenergy Nuclear Operating Company, Firstenergy Nuclear Generation, LLC; Beaver Valley Power Station, Unit Nos. 1 and 2 and its generally licensed ISFSI, Docket Nos. 50–334, 50–412, and 72–1043, License Nos. DPR–66 and NPF–73; Davis-Besse Nuclear Power Station, Unit No. 1 and its generally licensed ISFSI, Docket Nos. 50–346 and 72–14, License No. NPF–3; Perry Nuclear Power Plant, Unit No. 1 and its generally licensed ISFSI, Docket Nos. 50–440 and 72–69; License No. NPF–58 Order Approving Direct and Indirect Transfers of Control of Licenses and Draft Conforming License Amendments I. lotter on DSKBCFDHB2PROD with NOTICES Nuclear Regulatory Commission, Washington DC 20555–0001. 66937 FirstEnergy Nuclear Operating Company (FENOC) and FirstEnergy Nuclear Generation, LLC (FENGen) (together, the Applicants) operate and own, respectively, Beaver Valley Power Station (BVPS), Unit Nos. 1 and 2, and its generally licensed independent spent fuel storage installation (ISFSI); Davis-Besse Nuclear Power Station, Unit No. 1 (DBNPS) and its generally licensed ISFSI; and Perry Nuclear Power PIant, Unit No. 1 (PNPP) and its generally licensed ISFSI (together, the Facilities). Specifically, they are co-holders of: (1) Renewed Facility Operating License Nos. DPR–66 and NPF–73 for BVPS, Units 1 and 2, respectively, located in Beaver County, Pennsylvania; VerDate Sep<11>2014 16:11 Dec 05, 2019 Jkt 250001 (2) Renewed Facility Operating License No. NPF–3 for DBNPS, located in Ottawa County, Ohio; and (3) Facility Operating License No. NPF–58 for PNPP, located in Lake County, Ohio. II. By application dated April 26, 2019 (Agencywide Documents Access and Management System (ADAMS) Accession No. ML19116A087), as supplemented by letters dated May 31, 2019; August 2, 2019; August 29, 2019; September 25, 2019 (two submissions); and October 17, 2019 (ADAMS Accession Nos. ML19151A531, ML19214A100, ML19241A462, ML19268A053, ML19268B133, and ML19290D432, respectively), the Applicants requested, pursuant to Section 184 of the Atomic Energy Act of 1954, as amended, and Section 50.80, ‘‘Transfer of licenses,’’ of Title 10 of the Code of Federal Regulations (10 CFR), that the U.S. Nuclear Regulatory Commission (NRC, the Commission) consent to the transfer of licenses. Specifically, the Applicants requested a direct transfer of operating authority for the Facilities from FENOC to an as-yet unnamed company, herein identified as OpCo; a direct transfer of ownership of the Facilities from FENGen to an as-yet unnamed company, herein identified as OwnerCo; and an indirect transfer of ownership of the Facilities to an as-yet unnamed parent company, herein identified as New HoldCo (FirstEnergy Corp. is currently the ultimate parent company). The Applicants also requested the NRC’s prior written consent and issuance of conforming amendments to the licenses pursuant to 10 CFR 50.80 and 10 CFR 50.90, ‘‘Application for amendment of license, construction permit, or early site permit.’’ On March 31, 2018, FirstEnergy Solutions Corp. (FES), together with FENOC, FENGen, and FES’s other subsidiaries, filed voluntary petitions for bankruptcy protection under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Ohio, Eastern Division (Bankruptcy Court). By letter dated April 2, 2018 (ADAMS Accession No. PO 00000 Frm 00068 Fmt 4703 Sfmt 4703 ML19214A100 ML19241A462 ML19268A053 ML19268B133 ML19290D432 ML18094A661), in accordance with 10 CFR 50.54(cc)(1), FENOC notified the NRC of the bankruptcy filing. The proposed direct and indirect license transfers would support the emergence from bankruptcy of the Applicants, along with FES and other affiliated companies that are currently debtors in the bankruptcy process, pursuant to the Eighth Amended Joint Plan of Reorganization (the Bankruptcy Reorganization Plan) filed with the Bankruptcy Court on October 11, 2019, and the Revised Eighth Amended Plan filed with the Bankruptcy Court on October 14, 2019, and confirmed by the Bankruptcy Court on October 16, 2019, as noted in the Applicants’ supplemental letter dated October 17, 2019. Under the Bankruptcy Reorganization Plan, at emergence from bankruptcy, a new privately-held holding company, New HoldCo, will be formed with shares initially held by certain current creditors of one or more of FES, FENOC, FENGen, or FirstEnergy Generation, LLC (FG) (a sister company of FENGen holding fossil fuel generation assets) and management of the new holding company. Both OpCo and OwnerCo will become wholly-owned subsidiaries of New HoldCo. New HoldCo will also have ultimate ownership of FES’s existing non-nuclear generating assets as well as the retail and wholesale load-serving business. A notice of the application and opportunity to request a hearing and to comment on the application was published in the Federal Register (FR) on June 27, 2019 (84 FR 30775). In response, on July 17, 2019, the Environmental Law & Policy Center filed a hearing request. The hearing request is currently pending before the Commission. The NRC did not receive any comments on the application. Pursuant to 10 CFR 50.80, no license for a production or utilization facility, or any right thereunder, shall be transferred, either voluntarily or involuntarily, directly or indirectly, through transfer of control of the license to any person, unless the Commission gives its consent in writing. Upon review of the information in the application for license E:\FR\FM\06DEN1.SGM 06DEN1 66938 Federal Register / Vol. 84, No. 235 / Friday, December 6, 2019 / Notices lotter on DSKBCFDHB2PROD with NOTICES transfer, as supplemented, and other information before the Commission, the NRC staff has determined that OpCo and OwnerCo are qualified to hold the licenses to the extent proposed to permit the transfer of the licenses from FENOC and FENGen to OpCo and OwnerCo, respectively, and that the transfers of the licenses, as described in the application, are otherwise consistent with applicable provisions of law, regulations, and orders issued by the NRC pursuant thereto, subject to the conditions set forth below. Upon review of the information in the application for conforming amendments, as supplemented, the NRC staff has determined that: (1) The application for conforming license amendments complies with the standards and requirements of the Atomic Energy Act of 1954, as amended (the Act), and the Commission’s rules and regulations set forth in 10 CFR Chapter I. (2) The Facilities will operate in conformity with the application, the provisions of the Act, and the rules and regulations of the Commission. (3) There is reasonable assurance that the activities authorized by the amendments can be conducted without endangering the health and safety of the public and that such activities will be conducted in compliance with the Commission’s regulations. (4) The issuance of the amendments will not be inimical to the common defense and security or to the health and safety of the public. (5) The issuance of the amendments is in accordance with 10 CFR part 51 of the Commission’s regulations and all applicable requirements have been satisfied. The findings set forth above are supported by an NRC staff safety evaluation dated the same date as this Order, which is available at ADAMS Accession No. ML19305B131 (non-proprietary). III. Accordingly, pursuant to Sections 161b, 161i, and 184 of the Atomic Energy Act of 1954, as amended, 42 U.S.C. 2201(b), 2201(i), and 2234; and 10 CFR 50.80, 10 CFR 72.50, and 10 CFR 50.90, it is hereby ordered that the application for license transfers, as described herein, is approved for BVPS, Unit 1, BVPS, Unit 2, DBNPS, and PNPP, and the respective ISFSIs, subject to the following conditions. 1. OwnerCo and OpCo shall provide satisfactory documentary evidence to the Director of the NRC Office of Nuclear Reactor Regulation that, as of the date of the license transfer, the licensees reflected in the amended licenses have obtained the appropriate amount of insurance required of a licensee under 10 CFR part 140 and 10 CFR 50.54(w). 2. On or by the closing date of the license transfer transaction, the Applicants shall take all necessary steps to ensure that the provisional trust agreement submitted on September 25, 2019, to address the shortfall identified for BVPS, Unit 1 is implemented and maintained consistent with the safety evaluation supporting this Order. 3. The NRC staff’s approval of these license transfers is subject to the Commission’s VerDate Sep<11>2014 16:11 Dec 05, 2019 Jkt 250001 authority to rescind, modify, or condition the approved transfers based on the outcome of any post-effectiveness hearing on the license transfer application. It is further ordered that after receipt of all required regulatory approvals of the proposed transfer actions, the Applicants shall inform the Director of the Office of Nuclear Reactor Regulation in writing of such receipt no later than 5 business days prior to the date of the closing of the transfer. Should the proposed transfer not be completed within 1 year from the date of this Order, this Order shall become null and void, provided, however, upon written application and for good cause shown, such date may be extended by order. The conditions of this Order may be amended upon application by the Applicants and approval by the Director of the Office of Nuclear Reactor Regulation. It is further ordered that consistent with 10 CFR 2.1315(b), the license amendments that make changes, as indicated in Enclosures 2 through 5 to the letter transmitting this Order, to reflect the subject transfers, are approved. The amendments shall be issued and made effective within 30 days of the date when the proposed transfer actions are completed. This Order is effective upon issuance. For further details with respect to this Order, see the application dated April 26, 2019, as supplemented by letters dated May 31, 2019; August 2, 2019; August 29, 2019; September 25, 2019 (two submissions); and October 17, 2019, and the NRC safety evaluation dated the same date as this Order, which are available for public inspection at the NRC’s Public Document Room (PDR) located at One White Flint North, Public File Area 01 F21, 11555 Rockville Pike (first floor), Rockville, Maryland. Publicly available documents created or received at the NRC are accessible electronically through ADAMS in the NRC Library at https:// www.nrc.gov/reading-rm/adams.html. Persons who do not have access to ADAMS or who encounter problems accessing the documents located in ADAMS, should contact the NRC PDR reference staff by telephone at 1–800–397–4209 or 301–415– 4737, or by email to pdr.resource@nrc.gov. Dated at Rockville, Maryland this 2nd day of December 2019. For the Nuclear Regulatory Commission. /RA/ Eric J. Benner, Deputy Director, Office of Nuclear Reactor Regulation. [FR Doc. 2019–26389 Filed 12–5–19; 8:45 am] BILLING CODE 7590–01–P POSTAL SERVICE Product Change—Priority Mail Negotiated Service Agreement Postal ServiceTM. Notice. AGENCY: ACTION: The Postal Service gives notice of filing a request with the Postal Regulatory Commission to add a SUMMARY: PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 domestic shipping services contract to the list of Negotiated Service Agreements in the Mail Classification Schedule’s Competitive Products List. DATES: Date of required notice: December 6, 2019. FOR FURTHER INFORMATION CONTACT: Sean Robinson, 202–268–8405. SUPPLEMENTARY INFORMATION: The United States Postal Service® hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on December 2, 2019, it filed with the Postal Regulatory Commission a USPS Request to Add Priority Mail Contract 567 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2020–43, CP2020–41. Sean Robinson, Attorney, Corporate and Postal Business Law. [FR Doc. 2019–26302 Filed 12–5–19; 8:45 am] BILLING CODE 7710–12–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–87646; File No. SR–C2– 2019–025] Self-Regulatory Organizations; Cboe C2 Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Updating Various C2 Rules and Chapters To Reflect Changes to the Cboe Options Rulebook December 2, 2019. 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 November 20, 2019, Cboe C2 Exchange, Inc. (the ‘‘Exchange’’ or ‘‘C2’’) filed with the Securities and Exchange Commission (the ‘‘Commission’’) the proposed rule change as described in Items I and II below, which Items have been prepared by the Exchange. The Exchange filed the proposal as a ‘‘non-controversial’’ proposed rule change pursuant to Section 19(b)(3)(A)(iii) of the Act 3 and Rule 19b–4(f)(6) thereunder.4 The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change Cboe C2 Exchange, Inc. (the ‘‘Exchange’’ or ‘‘C2’’) proposes to update various C2 Rules and Chapters to reflect 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 15 U.S.C. 78s(b)(3)(A)(iii). 4 17 CFR 240.19b–4(f)(6). 2 17 E:\FR\FM\06DEN1.SGM 06DEN1
[Pages 66936-66938]
[FR Doc No: 2019-26389]
[Docket Nos. 50-334, 50-412, 72-1043, 50-346, 72-14, 50-440, and 72-69;
NRC-2019-0137]
Valley Power Station, Unit Nos. 1 and 2, and Independent Spent Fuel
Storage Installation (ISFSI); Davis-Besse Nuclear Power Station, Unit
No. 1 and ISFSI; and Perry Nuclear Power Plant, Unit No. 1 and ISFSI
ACTION: Direct and indirect transfer of licenses; order.
Order approving the application filed by FirstEnergy Nuclear Operating
Company (FENOC), acting on behalf of itself and FirstEnergy Nuclear
Generation, LLC (FENGen), (together, the Applicants) on April 26, 2019,
as supplemented. The application seeks an NRC order consenting to the
direct and indirect transfer of licenses for Beaver Valley Power
Station, Unit Nos. 1 and 2; Davis-Besse Nuclear Power Station, Unit No.
1; and Perry Nuclear Power PIant, Unit No. 1, and their respective
generally licensed independent spent fuel storage installations
(ISFSIs) (together, the Facilities). Specifically, the Applicants
requested a direct transfer of operating authority for the Facilities
from FENOC to an as-yet unnamed company, herein identified as OpCo; a
direct transfer of ownership of the Facilities from FENGen to an as-yet
unnamed company, herein identified as OwnerCo; and an indirect transfer
of ownership of the Facilities to an as-yet unnamed parent company,
herein identified as New HoldCo (FirstEnergy Corp. is currently the
ultimate parent company). The Applicants also requested the NRC's prior
written consent and issuance of conforming amendments to the licenses.
No physical changes to the Facilities or operational changes were
proposed in the application. The Order is effective upon issuance.
DATES: The Order was issued on December 2, 2019, and is effective for
ADDRESSES: Please refer to Docket ID NRC-2019-0137 when contacting the
Federal Rulemaking Website: Go to https://www.regulations.gov and search for Docket ID NRC-2019-0137. Address
FOR FURTHER INFORMATION CONTACT: Bhalchandra K. Vaidya, telephone: 301-
415-3308, email: [email protected] or Joel S. Wiebe,
telephone: 301-415-6606, email: [email protected]. Both are staff of
the Office of Nuclear Reactor Regulation, U.S. Nuclear Regulatory
Commission, Washington DC 20555-0001.
Application for Order Consenting to Transfer    ML19116A087
of Licenses and Conforming License
Amendments, dated April 26, 2019.
Supplemental Information Needed for Acceptance  ML19151A531
of Requested Licensing Action RE: Application
for Order Consenting to Transfer of Licenses
and Conforming License Amendments (EPID-L-
2019-LLM-0000), dated May 31, 2019.
Response to Request for Additional Information  ML19214A100
Regarding an Application for Order Consenting
to Transfer of Licenses and Conforming
License Amendments (EPID-L-2019-LLM-0000),
dated August 2, 2019.
Supplemental to Application for Order           ML19241A462
Consenting to Transfer of Licenses and
Conforming License Amendments (EPID-L-201 9-
LLM-0000), dated August 29, 2019.
Supplemental to Application for Order           ML19268A053
Conforming License Amendments (EPID-L-2019-
LLM-0000), dated September 25, 2019.
Supplemental to Application for Order           ML19268B133
Supplemental to Application for Order           ML19290D432
LLM-0000), dated October 17, 2019.
Senior Project Manager, Plant Licensing Branch III, Division of
Licenses and Draft Conforming License Amendments
In the Matter of Firstenergy Nuclear Operating Company,
Firstenergy Nuclear Generation, LLC; Beaver Valley Power Station,
Unit Nos. 1 and 2 and its generally licensed ISFSI, Docket Nos. 50-
334, 50-412, and 72-1043, License Nos. DPR-66 and NPF-73; Davis-
Besse Nuclear Power Station, Unit No. 1 and its generally licensed
ISFSI, Docket Nos. 50-346 and 72-14, License No. NPF-3; Perry
Nuclear Power Plant, Unit No. 1 and its generally licensed ISFSI,
Docket Nos. 50-440 and 72-69; License No. NPF-58
and Draft Conforming License Amendments
Nuclear Generation, LLC (FENGen) (together, the Applicants) operate
and own, respectively, Beaver Valley Power Station (BVPS), Unit Nos.
1 and 2, and its generally licensed independent spent fuel storage
installation (ISFSI); Davis-Besse Nuclear Power Station, Unit No. 1
(DBNPS) and its generally licensed ISFSI; and Perry Nuclear Power
PIant, Unit No. 1 (PNPP) and its generally licensed ISFSI (together,
the Facilities). Specifically, they are co-holders of:
(1) Renewed Facility Operating License Nos. DPR-66 and NPF-73
for BVPS, Units 1 and 2, respectively, located in Beaver County,
(2) Renewed Facility Operating License No. NPF-3 for DBNPS,
located in Ottawa County, Ohio; and
(3) Facility Operating License No. NPF-58 for PNPP, located in
By application dated April 26, 2019 (Agencywide Documents Access
and Management System (ADAMS) Accession No. ML19116A087), as
supplemented by letters dated May 31, 2019; August 2, 2019; August
29, 2019; September 25, 2019 (two submissions); and October 17, 2019
(ADAMS Accession Nos. ML19151A531, ML19214A100, ML19241A462,
ML19268A053, ML19268B133, and ML19290D432, respectively), the
Applicants requested, pursuant to Section 184 of the Atomic Energy
Act of 1954, as amended, and Section 50.80, ``Transfer of
licenses,'' of Title 10 of the Code of Federal Regulations (10 CFR),
that the U.S. Nuclear Regulatory Commission (NRC, the Commission)
consent to the transfer of licenses. Specifically, the Applicants
requested a direct transfer of operating authority for the
Facilities from FENOC to an as-yet unnamed company, herein
identified as OpCo; a direct transfer of ownership of the Facilities
from FENGen to an as-yet unnamed company, herein identified as
OwnerCo; and an indirect transfer of ownership of the Facilities to
an as-yet unnamed parent company, herein identified as New HoldCo
(FirstEnergy Corp. is currently the ultimate parent company). The
Applicants also requested the NRC's prior written consent and
issuance of conforming amendments to the licenses pursuant to 10 CFR
50.80 and 10 CFR 50.90, ``Application for amendment of license,
construction permit, or early site permit.''
On March 31, 2018, FirstEnergy Solutions Corp. (FES), together
with FENOC, FENGen, and FES's other subsidiaries, filed voluntary
petitions for bankruptcy protection under Chapter 11 of the United
States Bankruptcy Code in the United States Bankruptcy Court for the
Northern District of Ohio, Eastern Division (Bankruptcy Court). By
letter dated April 2, 2018 (ADAMS Accession No. ML18094A661), in
accordance with 10 CFR 50.54(cc)(1), FENOC notified the NRC of the
bankruptcy filing. The proposed direct and indirect license
transfers would support the emergence from bankruptcy of the
Applicants, along with FES and other affiliated companies that are
currently debtors in the bankruptcy process, pursuant to the Eighth
Amended Joint Plan of Reorganization (the Bankruptcy Reorganization
Plan) filed with the Bankruptcy Court on October 11, 2019, and the
Revised Eighth Amended Plan filed with the Bankruptcy Court on
October 14, 2019, and confirmed by the Bankruptcy Court on October
16, 2019, as noted in the Applicants' supplemental letter dated
Under the Bankruptcy Reorganization Plan, at emergence from
bankruptcy, a new privately-held holding company, New HoldCo, will
be formed with shares initially held by certain current creditors of
one or more of FES, FENOC, FENGen, or FirstEnergy Generation, LLC
(FG) (a sister company of FENGen holding fossil fuel generation
assets) and management of the new holding company. Both OpCo and
OwnerCo will become wholly-owned subsidiaries of New HoldCo. New
HoldCo will also have ultimate ownership of FES's existing non-
nuclear generating assets as well as the retail and wholesale load-
A notice of the application and opportunity to request a hearing
and to comment on the application was published in the Federal
Register (FR) on June 27, 2019 (84 FR 30775). In response, on July
17, 2019, the Environmental Law & Policy Center filed a hearing
request. The hearing request is currently pending before the
Commission. The NRC did not receive any comments on the application.
either voluntarily or involuntarily, directly or indirectly, through
transfer of control of the license to any person, unless the
Commission gives its consent in writing. Upon review of the
information in the application for license
transfer, as supplemented, and other information before the
Commission, the NRC staff has determined that OpCo and OwnerCo are
qualified to hold the licenses to the extent proposed to permit the
transfer of the licenses from FENOC and FENGen to OpCo and OwnerCo,
respectively, and that the transfers of the licenses, as described
in the application, are otherwise consistent with applicable
provisions of law, regulations, and orders issued by the NRC
pursuant thereto, subject to the conditions set forth below.
Upon review of the information in the application for conforming
amendments, as supplemented, the NRC staff has determined that:
(1) The application for conforming license amendments complies
(2) The Facilities will operate in conformity with the
application, the provisions of the Act, and the rules and
(3) There is reasonable assurance that the activities authorized
by the amendments can be conducted without endangering the health
and safety of the public and that such activities will be conducted
in compliance with the Commission's regulations.
(4) The issuance of the amendments will not be inimical to the
common defense and security or to the health and safety of the
(5) The issuance of the amendments is in accordance with 10 CFR
part 51 of the Commission's regulations and all applicable
The findings set forth above are supported by an NRC staff
safety evaluation dated the same date as this Order, which is
available at ADAMS Accession No. ML19305B131 (non-proprietary).
and 2234; and 10 CFR 50.80, 10 CFR 72.50, and 10 CFR 50.90, it is
hereby ordered that the application for license transfers, as
described herein, is approved for BVPS, Unit 1, BVPS, Unit 2, DBNPS,
and PNPP, and the respective ISFSIs, subject to the following
1. OwnerCo and OpCo shall provide satisfactory documentary
evidence to the Director of the NRC Office of Nuclear Reactor
Regulation that, as of the date of the license transfer, the
licensees reflected in the amended licenses have obtained the
appropriate amount of insurance required of a licensee under 10 CFR
part 140 and 10 CFR 50.54(w).
2. On or by the closing date of the license transfer
transaction, the Applicants shall take all necessary steps to ensure
that the provisional trust agreement submitted on September 25,
2019, to address the shortfall identified for BVPS, Unit 1 is
implemented and maintained consistent with the safety evaluation
supporting this Order.
3. The NRC staff's approval of these license transfers is
subject to the Commission's authority to rescind, modify, or
condition the approved transfers based on the outcome of any post-
effectiveness hearing on the license transfer application.
regulatory approvals of the proposed transfer actions, the
Applicants shall inform the Director of the Office of Nuclear
Reactor Regulation in writing of such receipt no later than 5
business days prior to the date of the closing of the transfer.
Should the proposed transfer not be completed within 1 year from the
date of this Order, this Order shall become null and void, provided,
however, upon written application and for good cause shown, such
date may be extended by order. The conditions of this Order may be
amended upon application by the Applicants and approval by the
Director of the Office of Nuclear Reactor Regulation.
through 5 to the letter transmitting this Order, to reflect the
subject transfers, are approved. The amendments shall be issued and
made effective within 30 days of the date when the proposed transfer
application dated April 26, 2019, as supplemented by letters dated
May 31, 2019; August 2, 2019; August 29, 2019; September 25, 2019
(two submissions); and October 17, 2019, and the NRC safety
evaluation dated the same date as this Order, which are available
for public inspection at the NRC's Public Document Room (PDR)
Rockville Pike (first floor), Rockville, Maryland. Publicly
electronically through ADAMS in the NRC Library at https://www.nrc.gov/reading-rm/adams.html. Persons who do not have access to
ADAMS or who encounter problems accessing the documents located in
800-397-4209 or 301-415-4737, or by email to [email protected].