Duke Energy 2014 Annual Report Download - page 166
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146
PART II
DUKE ENERGY CORPORATION • DUKE ENERGY CAROLINAS, LLC • PROGRESS ENERGY, INC. •
DUKE ENERGY PROGRESS, INC. • DUKE ENERGY FLORIDA, INC. • DUKE ENERGY OHIO, INC. • DUKE ENERGY INDIANA, INC.
Combined Notes to Consolidated Financial Statements – (Continued)
The following table summarizes information about nuclear decommissioning cost studies.
(in millions)
Annual
Funding
Requirement
Decommissioning
Costs(a)(b)(c)
Year of
Cost
Study
Duke Energy Carolinas(d) $ 21 $ 3,420 2013
Duke Energy Progress(e) 14 3,062 2014
Duke Energy Florida — 1,083 2013
(a) Represents cost per the most recent site-specifi c nuclear decommissioning cost studies, including costs to decommission plant components not subject to radioactive contamination.
(b) Includes the Subsidiary Registrants’ ownership interest in jointly owned reactors. Other joint owners are responsible for decommissioning costs related to their interest in the reactors.
(c) Amounts are in dollars of year of cost study.
(d) In the fourth quarter of 2014, Duke Energy Carolinas requested from the NCUC a reduction in the annual funding requirement to zero. Duke Energy Carolinas received approval from the NCUC in January 2015.
(e) Duke Energy Progress’ site-specifi c cost nuclear decommissioning cost studies are expected to be fi led with the NCUC and PSCSC by the second quarter of 2015. Duke Energy Progress will also complete a new funding study,
which will be completed and fi led with the NCUC and PSCSC in 2015.
Nuclear Operating Licenses
Operating licenses for nuclear units are potentially subject to extension.
The following table includes the current expiration of nuclear operating licenses.
Unit Year of Expiration
Duke Energy Carolinas
Catawba Unit 1 2043
Catawba Unit 2 2043
McGuire Unit 1 2041
McGuire Unit 2 2043
Oconee Unit 1 2033
Oconee Unit 2 2033
Oconee Unit 3 2034
Duke Energy Progress
Brunswick Unit 1 2036
Brunswick Unit 2 2034
Harris 2046
Robinson 2030
Duke Energy Florida
Crystal River Unit 3(a)
(a) Duke Energy Florida has requested the NRC terminate the operating license as Crystal River
Unit 3 permanently ceased operation in February 2013. Refer to Note 4 for further information on
decommissioning activity and transition to SAFSTOR.