Entergy 2009 Annual Report Download - page 28

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Entergy Corporation and Subsidiaries
Management's Financial Discussion and Analysis
24
pay in full all System Energy indebtedness for borrowed money when due; and
enable System Energy to make payments on specific System Energy debt, under supplements to the
agreement assigning System Energy's rights in the agreement as security for the specific debt.
Capital Expenditure Plans and Other Uses of Capital
Following are the amounts of Entergy's planned construction and other capital investments by operating
segment for 2010 through 2012:
Planned construction and capital investments 2010 2011 2012
(In Millions)
Maintenance Capital:
Utility $776 $783 $822
Non-Utility Nuclear 92 140 123
Parent and Other 9 7 8
877 930 953
Capital Commitments:
Utility 991 1,578 926
Non-Utility Nuclear 349 220 219
1,340 1,798 1,145
Total $2,217 $2,728 $2,098
Maintenance Capital refers to amounts Entergy plans to spend on routine capital projects that are necessary
to support reliability of its service, equipment, or systems and to support normal customer growth.
Capital Commitments refers to non-routine capital investments for which Entergy is either contractually
obligated, has Board approval, or otherwise expects to make to satisfy regulatory or legal requirements. Amounts
reflected in this category include the following:
The currently planned construction or purchase of additional generation supply sources within the Utility's
service territory through the Utility's portfolio transformation strategy, including Entergy Louisiana's planned
purchase of Acadia Unit 2, which is discussed below.
Entergy Louisiana's Waterford 3 steam generators replacement project, which is discussed below.
System Energy's planned approximate 178 MW uprate of the Grand Gulf nuclear plant. The project is
currently expected to cost $575 million, including transmission upgrades. On November 30, 2009, the
MPSC issued a Certificate of Public Convenience and Necessity for implementation of the uprate.
Transmission improvements and upgrades designed to provide greater transmission flexibility in the Entergy
System.
Initial development costs for potential new nuclear development at the Grand Gulf and River Bend sites,
including licensing and design activities. This project is in the early stages, and several issues remain to be
addressed over time before significant additional capital would be committed to this project. In addition,
Entergy temporarily suspended reviews of the two license applications for the sites and will explore
alternative nuclear technologies for this project.
Spending to comply with current and anticipated North American Electric Reliability Corporation
transmission planning requirements and NRC security requirements.
Non-Utility Nuclear investments including dry cask spent fuel storage, nuclear license renewal efforts,
component replacement across the fleet, NYPA value sharing, spending in response to the Indian Point
Independent Safety Evaluation and spending to comply with revised NRC security requirements.
Environmental compliance spending, including approximately $420 million for the 2010-2012 period for
installation of scrubbers and low NOx burners at Entergy Arkansas' White Bluff coal plant, which under
26