Kansas Statutes 66-128m. Same; decommissioning financing plan
Terms Used In Kansas Statutes 66-128m
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Closing: means the time at which a nuclear power generating facility ceases to generate electricity and is retired from active service. See Kansas Statutes 66-128l
- Commission: means the state corporation commission. See Kansas Statutes 66-101a
- Decommissioning: means the series of activities undertaken beginning at the time of closing of a nuclear power generating facility to ensure that the final disposition of the site or any radioactive components or material, but not including spent fuel, associated with the facility is accomplished safely, in compliance with all applicable state and federal laws. See Kansas Statutes 66-128l
- Decommissioning costs: means : (1) All reasonable costs and expenses of removing a nuclear power generating facility from service, including, without limitation, dismantling, mothballing, removing radioactive waste material, except spent fuel, to temporary or permanent storage sites, decontaminating, restoring and supervising the site and any costs and expenses incurred in connection with proceedings before governmental regulatory authorities relating to the authorization to decommission the facility; (2) all costs of labor and services performed or rendered in connection with the decommissioning of the facility and all costs of materials, supplies, machinery, construction equipment and apparatus acquired for or in connection with the decommissioning of the facility. See Kansas Statutes 66-128l
- Licensee: means (1) the holder of the construction or operating permit from the United States nuclear regulatory commission for a nuclear power generating facility located in the state, if there is only one holder of such a permit or (2) if there are two or more holders of such a permit, those holders which are primarily responsible for the construction or operation of the facility. See Kansas Statutes 66-128l
- Owner: means any electric utility which owns any portion of a nuclear power generating facility whether directly or through ownership of stock in a company which owns any portion of such a facility. See Kansas Statutes 66-128l
- Premature closing: means the closing of a nuclear power generating facility before the projected date of decommissioning as projected in the decommissioning financing plan prepared under Kan. See Kansas Statutes 66-128l
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
(a) Any licensee operating a nuclear power generating facility located in the state on the effective date of this act shall submit a proposed decommissioning financing plan for the facility to the commission not later than December 31, 1985. Any licensee constructing such a facility on the effective date of this act shall submit such a plan to the commission before commercial operation of the facility.
(b) The decommissioning financing plan shall include:
(1) An estimate of the date of closing of the nuclear power generating facility;
(2) an estimate of the cost of decommissioning the facility, expressed in dollars current in the year the plan is prepared, and based on an engineering report issued within three years of the date the plan is submitted to the commission;
(3) the share of the estimated decommissioning costs attributed to each owner;
(4) a plan for funding the decommissioning;
(5) plans for periodic review and updating of the plan, including the cost of decommissioning estimated under paragraph (2);
(6) the amount of money which customers of each owner have been charged for the decommissioning up to the date of submission of the plan and the total amount necessary to meet the projected decommissioning costs of the facility, over the remaining useful life of the facility;
(7) plans and options for insuring against or otherwise financing premature closing of the facility;
(8) reasonable assurance of responsibility in the event of insufficient assets to fund the decommissioning;
(9) a description of the stages by which decommissioning is intended to be accomplished;
(10) a fully executed decommissioning financing agreement between the licensee and each owner, evidencing each owner’s acceptance of its respective share of the ultimate financial responsibility for decommissioning. In satisfaction of this requirement, the licensee may submit existing ownership agreements together with documentation from each owner of the applicability of the agreement to the case of financial responsibility for decommissioning; and
(11) any other information related to the financing of decommissioning which the commission requests.