Schneiderman letter to NRC

Embed Size (px)

Citation preview

  • 8/13/2019 Schneiderman letter to NRC

    1/16

  • 8/13/2019 Schneiderman letter to NRC

    2/16

    'T[TOYRJN NWQ GPYIL LINMPGL>OaIMRSRM MNaRPNU RJaLGHIJIWPO WIIQIQ NP'RPd8NPLRM[ NWQ %WPILVXbO GPYIL JILMYNWP LINMPGLO]

    i #YI RJaNMPO GS MURJNPI MYNWVI GW GaILNPRGWO NP 'RPd8NPLRM[ NWQ %WPILVXbO GPYILJILMYNWP LINMPGLO] NWQ

    i %WPILVXbO GKURVNPRGWO PG GaILNPI PYI RWQIaIWQIWP OaIWP STIU OPGLNVI RWOPNUUNPRGWO NP'RPd8NPLRM[ NWQ GPYIL UGMNPRGWO2

    j j j

    Part A: Entergys Corporate Subsidiary Structure

    ;D #YI SRWNWMRNU cTNURSRMNPRGW GS %WPILVX (TMUINL &aILNPRGWO NWQ %WPILVX (TMUINL'RPd8NPLRM[ PG ONSIUX GaILNPI: JNRWPNRW NWQ QIMGJJROORGW 'RPd8NPLRM[ RO RWPILP^RWIQ ^RPY PYINOOIPO NWQ GKURVNPRGWO GS OIHILNU GPYIL %WPILVX OTKORQRNLRIO: RWMUTQRWV %WPILVX (TMUINL0IWILNPRGW .GJaNWX] %WPILVX (TMUINL 5ILJGWP *NW[II: 11.] %WPILVX (TMUINL -WQRNW 8GRWP

  • 8/13/2019 Schneiderman letter to NRC

    4/16

    =

  • 8/13/2019 Schneiderman letter to NRC

    5/16

    B

    PG GaILNPI PYNP JILMYNWP LINMPGL2k #YI -WQRNW 8GRWP 7WRP @ WTMUINL SNMRURPX RO UGMNPIQ NQlNMIWP PGPYI -WQRNW 8GRWP 7WRP ; NWQ -WQRNW 8GRWP 7WRP < WTMUINL SNMRURPRIO2

    CD %WPILVX (TMUINL 8NURONQIO: 11. A%WPILVX (TMUINL 8NURONQIO`D RO N 3IUN^NLI URJRPIQURNKRURPX MGJaNWX PYNP RO NW %WPILVX OTKORQRNLX2 %WPILVX (TMUINL 8NURONQIO YGUQO N URMIWOI PG

    aGOOIOO PYI 8NURONQIO (TMUINL 8UNWP: KTP RP QGIO WGP YNHI N URMIWOI PG GaILNPI PYNP JILMYNWPLINMPGL2E

    \D %WPILVX (TMUINL &aILNPRGWO YNO PYI NTPYGLRPX PG GaILNPI %WPILVXbO JILMYNWP LINMPGLOUGMNPIQ RW (I^ *GL[: 4NOONMYTOIPPO: 4RMYRVNW: NWQ 5ILJGWP2

    ;?D %WPILVX (TMUINL &aILNPRGWO RO N 3IUN^NLI MGLaGLNPRGW PYNP RO NW %WPILVX OTKORQRNLX2%WPILVX (TMUINL &aILNPRGWO YGUQO URMIWOIO PG GaILNPI 'RPd8NPLRM[ (TMUINL 8G^IL 8UNWP: 8RUVLRJ(TMUINL 8G^IL 8UNWP: 5ILJGWP *NW[II (TMUINL 8G^IL 8UNWP: -WQRNW 8GRWP 7WRP ; (TMUINL 8G^IL8UNWP: -WQRNW 8GRWP 7WRP < (TMUINL 8G^IL 8UNWP: -WQRNW 8GRWP 7WRP @ (TMUINL 8G^IL 8UNWP: NWQ8NURONQIO (TMUINL 8G^IL 8UNWP:CKTP QGIO WGP G^W NWX GS PYGOI JILMYNWP SNMRURPRIO2\

    k 3GM[IP (G2 B?>

  • 8/13/2019 Schneiderman letter to NRC

    6/16

    k

    ;;D %WPILVX (TMUINL 8G^IL 4NL[IPRWV: 11. A_%WPILVX (TMUINL 8G^IL 4NL[IPRWV`D RO N3IUN^NLI URJRPIQ URNKRURPX MGJaNWX PYNP RO NW %WPILVX OTKORQRNLX2 %WPILVX (TMUINL 8G^IL4NL[IPRWV YNO WG URMIWOI PG G^W GL GaILNPI NWX WTMUINL LINMPGL2

    ;

  • 8/13/2019 Schneiderman letter to NRC

    7/16

    E

    Part B: Entergy Nuclear Operations Control of Entergys Merchant Reactors

    ;@D %WPILVX (TMUINL &aILNPRGWO GSSRMILO: JNWNVILO NWQ aILOGWWIU GaILNPI %WPILVXbO JILMYNWPLINMPGLO: RWMUTQRWV 'RPd8NPLRM[2 %WPILVX (TMUINL &aILNPRGWO GSSRMILO JN[I PYI GLQRWNLX KTORWIOOQIMRORGWO NWQ aILSGLJ PYI QNX>PG>QNX ^GL[ NP %WPILVXbO JILMYNWP LINMPGLO2

    ;?

    ;=D #YI OMYIJNPRM KIUG^ RUUTOPLNPIO PYI GaILNPRGWO GS %WPILVXbO JILMYNWP LINMPGLO NWQSNMRURPRIO KX %WPILVX (TMUINL &aILNPRGWO: NWQ PYI URMIWOIQ G^WIL IWPRPX2

    Figure 2. Operation of Entergys Merchant Reactors by Entergy Nuclear Operations

    ;? See, e.g.: %WPILVX .GLaGLNPRGW "IMTLRPRIO NWQ %hMYNWVI .GJJROORGW 'GLJ ;?>, SGL PYI XINLIWQRWV 3IMIJKIL @;: [2YPJD2 A%WPILVX QROMUGOIQ PYNP RW

  • 8/13/2019 Schneiderman letter to NRC

    8/16

    C

    ;BD #YI SGUUG^RWV RWSGLJNPRGW aILPNRWO PG PYI SRWNWMRNU NWQ GaILNPRGWNU LIUNPRGWOYRaO KIP^IIWNWQ NJGWV OIHILNU %WPILVX OTKORQRNLRIO2 -W OIHILNU RWOPNWMIO: RWSGLJNPRGW NKGTP PYI SRWNWMIO NWQGaILNPRGWO GS PYI %WPILVX OTKORQRNLRIO RO WGP LINQRUX NHNRUNKUI PG PYI aTKURM2 'GL PYNP LINOGW: PYISGUUG^RWV QROMTOORGW RWMUTQIO NW NWNUXORO GS %WPILVX (TMUINL 0IWILNPRGW .GJaNWX: NWGPYILOTKORQRNLX GS %WPILVX PYNP RO NUOG N OTKlIMP RW PYRO aLGMIIQRWV2 %WPILVX (TMUINL 0IWILNPRGW

    .GJaNWX RO N MGLaGLNPRGW KNOIQ RW 4NOONMYTOIPPO] RWSGLJNPRGW NKGTP PYRO MGLaGLNPRGW RO GW SRUI NPPYI 4NOONMYTOIPPO 3IaNLPJIWP GS "PNPI NWQ PYTO NHNRUNKUI PG PYI aTKURM2 $O QIPNRUIQ STLPYIL: PYISRWNWMRNU NWQ GaILNPRGWNU LIUNPRGWOYRa KIP^IIW %WPILVX (TMUINL &aILNPRGWO NWQ %WPILVX (TMUINL0IWILNPRGW .GJaNWX RO UR[IUX ORJRUNL PG: NWQ RWQRMNPRHI GS: PYI SRWNWMRNU NWQ GaILNPRGWNULIUNPRGWOYRaO KIP^IIW %WPILVX (TMUINL &aILNPRGWO NWQ OIHILNU GPYIL %WPILVX OTKORQRNLRIO:RWMUTQRWV %WPILVX (TMUINL 'RPd8NPLRM[2

    ;kD $W IhNJRWNPRGW NWQ MGJaNLROGW GS PYI GSSRMILO NWQ QRLIMPGLO GS %WPILVX (TMUINL&aILNPRGWO ^RPY PYGOI GS %WPILVX (TMUINL 0IWILNPRGW .GJaNWX: PYI SGLJNU G^WIL GS PYI 8RUVLRJWTMUINL SNMRURPX: RUUTOPLNPIO YG^ %WPILVX (TMUINL &aILNPRGWO NaaINLO PG MGWPLGU %WPILVXbOJILMYNWP WTMUINL aG^IL aUNWPO2 1ROPO GS GSSRMILO SGL PYI P^G MGLaGLNPRGWO MGWPNRW JNWX RQIWPRMNU

    WNJIO: RWQRMNPRWV PYNP %WPILVX (TMUINL &aILNPRGWO JNX MGWPLGU %WPILVX (TMUINL 0IWILNPRGW.GJaNWX NWQ PYI 8RUVLRJ (TMUINL 8G^IL "PNPRGW2

    ;ED $ MTLLIWP %WPILVX (TMUINL &aILNPRGWO SRURWV ^RPY PYI "IMLIPNLX GS PYI .GJJGW^INUPY GS4NOONMYTOIPPO UROPO

  • 8/13/2019 Schneiderman letter to NRC

    9/16

    \

  • 8/13/2019 Schneiderman letter to NRC

    10/16

    ;?

    8RUVLRJ

    (TMUINL 8G^IL "PNPRGW2

  • 8/13/2019 Schneiderman letter to NRC

    11/16

    ;;

    Part C: Control of Revenue from the Output of Entergys Merchant Reactors

    @@D #YI SGLJNU G^WILO GS %WPILVXbO JILMYNWP LINMPGLO OIUU PYIRL LINMPGLOb IWPRLI IUIMPLRMRPXGTPaTP PG NWGPYIL %WPILVX MGLaGLNPI IWPRPX: %WPILVX (TMUINL 8G^IL 4NL[IPRWV: ^YRMY PYIW LIOIUUOPYI IUIMPLRM aG^IL2

    UIWVPY WIVGPRNPRGW GLKNLVNRWRWV2

    @BD #YI aLRMI PYNP %WPILVX (TMUINL 8G^IL 4NL[IPRWV aNXO PYI SGLJNU G^WILO GS %WPILVXbOJILMYNWP LINMPGLO aLGHRQIO JGOP: RS WGP NUU GS PYI STWQO PYNP %WPILVX (TMUINL &aILNPRGWO TOIO PGJNRWPNRW NWQ GaILNPI %WPILVXbO JILMYNWP LINMPGLO2, SGL PYI XINL IWQRWV3IMIJKIL @;: [2YPJD2

  • 8/13/2019 Schneiderman letter to NRC

    12/16

    ;'T[TOYRJN NWQ GPYIL LINMPGL>OaIMRSRM MNaRPNU IhaIWOIO: MURJNPI MYNWVI: NWQ GaILNPRGW GS%WPILVXbO RWQIaIWQIWP OaIWP STIU OPGLNVI RWOPNUUNPRGWO2

    )YGUIONUI 8G^IL 4NL[IPO

    =?D -W $TVTOP

  • 8/13/2019 Schneiderman letter to NRC

    13/16

    ;@

    =BD (+.bO NOOIOOJIWP GS PYI SRWNWMRNU cTNURSRMNPRGW GS %WPILVX (TMUINL &aILNPRGWO NWQ%WPILVX (TMUINL 'RPd8NPLRM[ OYGTUQ IhNJRWI PYI aLRMIO PYNP %WPILVX (TMUINL 8G^IL 4NL[IPRWV ROLIMIRHRWV NWQ JNX LIMIRHI SGL PYI GTPaTP GS %WPILVXbO JILMYNWP LINMPGLO2

    =kD (+.bO NOOIOOJIWP GS PYI SRWNWMRNU cTNURSRMNPRGW GS %WPILVX (TMUINL &aILNPRGWO NWQ

    %WPILVX (TMUINL 'RPd8NPLRM[ OYGTUQ IhNJRWI PYI MTLLIWP NWQ aLGKNKUI STPTLI OPLTMPTLIO GS PYI^YGUIONUI aG^IL JNL[IPO ^RPYRW ^YRMY %WPILVX (TMUINL 8G^IL 4NL[IPRWV RO OIUURWV PYI aG^ILGTPaTP GS %WPILVXbO JILMYNWP LINMPGLO2

    =ED (I^ *GL[ -WQIaIWQIWP "XOPIJ &aILNPGL: -WM2 A_(*-"&`D JNWNVIO PYI (I^ *GL[ 8G^IL8GGU NWQ (I^ *GL[bO ^YGUIONUI aG^IL NTMPRGWO2 (*-"& JNX aLGHRQI OGJI RWSGLJNPRGW NKGTPaGPIWPRNU MYNWVIO RW (I^ *GL[bO ^YGUIONUI aG^IL JNL[IP QIORVW: PLNWOJROORGW MNaNKRURPX: NWQWI^ ^YGUIONUI aG^IL OGTLMIO PYNP JNX NSSIMP PYI JNL[IP HNUTI GS 'RPd8NPLRM[bO NWQ -WQRNW8GRWPbO GTPaTP2 'GL IhNJaUI: (*-"&bO MTLLIWP -WPILMGWWIMPRGW tTITI UROPO C= VIWILNPRGW NWQPLNWOJROORGW aLGlIMPO RW HNLRGTO OPNVIO GS NaaLGHNU2

  • 8/13/2019 Schneiderman letter to NRC

    14/16

    ;=

    +INMPGL "aIMRSRM .NaRPNU -JaLGHIJIWPO

    B

  • 8/13/2019 Schneiderman letter to NRC

    15/16

    ;B

    JNX OPRJTUNPI PYI VLG^PY GS NUVNI RW 1N[I &WPNLRG ^NPILO PYNP 'RPd8NPLRM[ TOIO SGL MGGURWVaTLaGOIO2 $UVNI SGLMIQ 'RPd8NPLRM[ PG OYTP QG^W RW

  • 8/13/2019 Schneiderman letter to NRC

    16/16

    65) The costs of maintaining and operating Entergys ISFSIs are no t matters of public record.Consequently, this information must be obtained from Entergy.

    onclusionThe substance of NRCs inquiry regarding the financial qualification of Entergy NuclearOperations and Entergy Nuclear FitzPatrick is at its core an inquiry into Entergy NuclearOperations control of Entergy s merchant nuclear reactors, and Entergy Nuclear PowerMarketings control over the revenues from selling the electric power that these reactors produce.It is critical for public confidence and NR s regulatory credibility that the agency investigate,understand, and report its findings regarding the financial structures as they pertain to the ability

    of Entergys corporate subsidiaries to safely operate, maintain, and decommission FitzPatrickand the other subject merchant nuclear facilities.If there are questions, or if OAG could assist in any other way, please contact this office.

    Respectfully submitted,ERIC T. S HNEIDERM NAttorney GeneralState of New York

    JTha Si osAssistant Attorney GeneralThe CapitolAlbany, New York 12224-0341518) 402-2251Dated: December 2, 2013 as corrected)

    cc: Hon. Annette L. Vietti ookSecretary to the ommission

    16