Item 4 - Briefing STP Relicensing — original pdf

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STP Nuclear Operating Company June 11, 2014 License Renewal 1 Overview Generating capacity of approximately 2,700 MWs, the state-of-the-art facility is one of the nation’s newest, largest nuclear plants Large, dual-unit pressurized water reactor facility Westinghouse 4 loop technology Located on a 12,200-acre site on the Colorado River 7,000-acre, above grade, off-channel, main cooling reservoir, sized for four units Commercial operation began in August, 1988 and June, 1989, respectively 2 Company Structure Ownership Structure 44% NRG Energy 40% CPS Energy (San Antonio) 16 % Austin Energy Operated by STP Nuclear Operating Company Non-stock, non-profit, non-member corporation NRC license 40 year licenses, expiring in 2027 and 2028 Applied for 20 year renewal in October 2010 3 Current Status The Atomic Energy Act of 1954 permits nuclear plants to renew operating licenses License renewal application submitted to NRC in October 2010 Received the Final Safety Evaluation Report (Feb. 2013) All applications held in abeyance while NRC adjudicates Waste Confidence Ruling NRC resolution of Waste Confidence Ruling is on track for October 2014. The NRC conducts a rigorous review during the license renewal process Nuclear energy facilities in the United States are initially licensed to operate for 40 years 4 Background NRC’s renewal review is a detailed process that typically takes 30 months NRC has renewed 73 operating licenses of 100 power reactors with 18 more in review STP developed the License Renewal Application in collaboration with the Strategic Alliance and Resource Sharing partnership, a group of seven nuclear facilities