New Jersey Administrative Code › Title 14 - PUBLIC UTILITIES › Chapter 5A - NUCLEAR PLANT DECOMMISSIONING COST AND TRUST FUND REVIEW › Subchapter 2 - DECOMMISSIONING COST UPDATE › Section 14:5A-2.1 - Filing

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Every New
				Jersey electric public utility having an ownership interest in one or more
				nuclear generating stations in commercial operation shall file by January 1,
				1996, and every four years thereafter, unless otherwise directed by the Board,
				a "Decommissioning Cost Update" (Update) with the Board for its consideration.
				Such Update filing shall be accompanied by the site-specific decommissioning
				cost information required by
				14:5A-2.2. If the site-specific
				decommissioning cost study is not available on the required filing date, an
				extension for filing same shall be requested by the electric public utility
				indicating the reason(s) for the delay and the expected filing date, which
				shall be no later than 60 days from the required filing date.
(b) Notwithstanding the provisions of (a)
				above, at or about five years prior to the scheduled cessation of commercial
				operation of a nuclear generating station a Decommissioning Cost Update shall
				be filed for that station(s) and a revised filing made thereafter to reflect
				any significant changes in the update as they become known.
(c) At such time as the licensee of a nuclear
				generating station, in which a New Jersey electric public utility has an
				ownership interest, applies to the NRC for termination of its license and
				submits a decommissioning plan under
				10 CFR
				50.82, that New Jersey electric public
				utility shall submit to the Board a copy of the decommissioning plan submitted
				to the NRC under
				10 CFR
				50.82. Following the permanent cessation of
				commercial operations, the New Jersey electric public utility shall also submit
				a copy of the post-shutdown decommissioning activities report (PSDAR) submitted
				to the NRC under
				10 CFR
				50.82.
(d) If the Board has fully reviewed the
				decommissioning cost issue for a nuclear generating facility outside the
				context of this chapter within three years of the required date of an Update
				filing, the electric public utility may, in lieu of filing a "Decommissioning
				Cost Update" as required in (a) above, file a certification that no significant
				changes have occurred in the estimates presented since that review. The
				electric public utility shall file with its certification any information
				required by
				14:5A-2.2 that was not addressed
				in that previous review.
(e) If the
				Board has accepted an electric public utility's initial decommissioning cost
				estimates within the context of this chapter, the electric public utility may,
				in lieu of filing a "Decommissioning Cost Update" as required in (a) above,
				file the certification described in (d) above; or may elect to file a summary
				of changes detailing the cost categories, assumptions, escalation factors and
				Update elements for which significant changes have occurred since the Board's
				acceptance of the utility's last Update, and the reason(s) for the
				changes.
(f) The Update described
				in (a) above, or the relevant substitute described in (d) and/or (e) above,
				shall be filed with the Secretary of the Board and shall be assigned a docket
				number for purposes of identification and document control. This filing shall
				include a summary of significant changes from the last Update filing by account
				and amount, as well as relevant assumptions, for all of its nuclear generating
				units on an overall basis, and for each nuclear generating station. A cost
				estimate using the NRC formula shall also be included in the filing. (See
				10 CFR
				50.75(c)(1) for the NRC
				formula.)
(g) For ease of
				comparison, the initial format shall be used consistently in subsequent filings
				unless there is compelling reason to deviate. Such compelling reason shall be
				expressly indicated in the filing.
(h) If a nuclear generation facility has
				permanently ceased commercial operation, the utility shall file with the Board
				any decommissioning cost studies or similar studies prepared by or on behalf of
				the utility regarding that facility, including, but not limited to, studies and
				reports required under NRC regulations, at the same time that those studies or
				reports are filed with the relevant agency. However, the Board may additionally
				require that the utility file a complete Update as described in (a)
				above.