FirstEnergy Nuclear Operating Company, FirstEnergy Nuclear Generation Corp. (Beaver Valley Power Station, Units 1 and 2); Order Approving Application Regarding Proposed Corporate Restructuring, 801 [E7-2]

Download as PDF Federal Register / Vol. 72, No. 4 / Monday, January 8, 2007 / Notices 2 (BVPS 2), respectively. The facilities are located in Beaver County, Pennsylvania. the proposed corporate restructuring and indirect license transfer is approved, subject to the following condition: Should the proposed corporate restructuring not be completed by December 28, 2007, this Order shall become null and void, provided, however, upon written application and good cause shown, such date may be extended by order. This Order is effective upon issuance. For further details with respect to this Order, see the application dated June 6, 2006, as supplemented by letters dated June 9 and August 15, 2006, and the safety evaluation dated December 28, 2006, which are available for public inspection in the Commission’s Public Document Room (PDR), located at One White Flint North, Public File Area 01 F21, 11555 Rockville Pike (first floor), Rockville, Maryland, and accessible electronically from the Agencywide Documents Access and Management System (ADAMS) Public Electronic Reading Room on the Internet at the NRC Web site, http://www.nrc.gov/ reading-rm/adams.html. Persons who do not have access to ADAMS or who encounter problems in accessing the documents located in ADAMS, should contact the NRC PDR Reference staff by telephone at 1–800–397–4209, 301– 415–4737, or by e-mail to pdr@nrc.gov. Dated: December 28, 2006. For the Nuclear Regulatory Commission. John W. Lubinski, Acting Director, Division of Operating Reactor Licensing, Office of Nuclear Reactor Regulation. [FR Doc. E7–1 Filed 1–5–07; 8:45 am] BILLING CODE 7590–01–P NUCLEAR REGULATORY COMMISSION [Docket Nos. 50–334 and 50–412; License Nos. DPR–66 and NPF–73] FirstEnergy Nuclear Operating Company, FirstEnergy Nuclear Generation Corp. (Beaver Valley Power Station, Units 1 and 2); Order Approving Application Regarding Proposed Corporate Restructuring jlentini on PROD1PC65 with NOTICES I FirstEnergy Nuclear Operating Company (FENOC) and FirstEnergy Nuclear Generation Corp. (FENGenCo) are the holders of Facility Operating License DPR–66 and along with the Ohio Edison Company and Toledo Edison Company Facility Operating License NPF–73, which authorize the possession, use, and operation of Beaver Valley Power Station, Unit 1 (BVPS 1) and Beaver Valley Power Station, Unit VerDate Aug<31>2005 17:57 Jan 05, 2007 Jkt 211001 801 The findings set forth above are supported by a safety evaluation dated December 28, 2006. II III By letter dated June 6, 2006, as supplemented by letters dated June 9 and August 15, 2006, FENOC, the licensed operator of BVPS 1 and 2, acting on behalf of FENGenCo and FirstEnergy Solutions Corp. (FE Solutions), submitted an application to the U.S. Nuclear Regulatory Commission (NRC or Commission) requesting, pursuant to Section 50.80 of Title 10 of the Code of Federal Regulations (10 CFR), approval of the indirect transfer of control of FENGenCo’s licenses to own FENGenCo’s interest in BVPS 1 and BVPS 2. FE Solutions and FENGenCo are both currently wholly owned direct subsidiaries of FirstEnergy Corp. (FirstEnergy). This action is being sought as a result of a planned corporate restructuring which would make FENGenCo: (1) A wholly owned direct subsidiary of FE Solutions; and 2) a wholly owned second-tier subsidiary of FirstEnergy. The Ohio Edison Company and the Toledo Edison Company, which hold leased interests in BVPS 2 and are licensed to possess such interests, are not involved in the planned corporate restructuring. The proposed corporate restructuring involves no changes to any of the facility licenses. Accordingly, no license amendments are requested in the application. A ‘‘Notice of Consideration of Approval of Application Regarding Proposed Corporate Restructuring, and Opportunity for a Hearing,’’ was published in the Federal Register on July 12, 2006 (71 FR 39371–39372). No comments or hearing requests were received. Under 10 CFR 50.80, no license, or any right thereunder, shall be transferred, directly or indirectly, through transfer of control of the license, unless the Commission shall give its consent in writing. Upon review of the information in the application submitted by FENOC and other information before the Commission, the NRC staff has determined that the subject corporate restructuring will not affect the qualifications of FENGenCo to hold the licenses to the same extent now held by FENGenCo, and that the indirect transfer of the licenses as held by FENGenCo effected by the corporate restructuring is otherwise consistent with applicable provisions of law, regulations, and orders issued by the Commission pursuant thereto, subject to the condition discussed herein. Accordingly, pursuant to Sections 161b, 161i, and 184 of the Atomic Energy Act of 1954, as amended (the Act), 42 U.S.C. 2201(b), 2201(i), and 2234; and 10 CFR 50.80, It is hereby ordered that the application regarding the proposed corporate restructuring and indirect license transfers is approved, subject to the following condition: PO 00000 Frm 00074 Fmt 4703 Sfmt 4703 Should the proposed corporate restructuring not be completed by December 28, 2007, this Order shall become null and void, provided, however, upon written application and good cause shown, such date may be extended by order. This Order is effective upon issuance. For further details with respect to this Order, see the application dated June 6, 2006, as supplemented by letters dated June 9 and August 15, 2006, and the safety evaluation dated December 28, 2006, which are available for public inspection in the Commission’s Public Document Room (PDR), located at One White Flint North, Public File Area O1 F21, 11555 Rockville Pike (first floor), Rockville, Maryland, and accessible electronically from the Agencywide Documents Access and Management System (ADAMS) Public Electronic Reading Room on the Internet at the NRC Web site, http://www.nrc.gov/ reading-rm/adams.html. Persons who do not have access to ADAMS or who encounter problems in accessing the documents located in ADAMS, should contact the NRC PDR Reference staff by telephone at 1–800–397–4209, 301– 415–4737, or by e-mail to pdr@nrc.gov. Dated: December 28, 2006. For the Nuclear Regulatory Commission. John W. Lubinski, Acting Director, Division of Operating Reactor Licensing, Office of Nuclear Reactor Regulation. [FR Doc. E7–2 Filed 1–5–07; 8:45 am] BILLING CODE 7590–01–P E:\FR\FM\08JAN1.SGM 08JAN1

Agencies

[Federal Register Volume 72, Number 4 (Monday, January 8, 2007)]
[Notices]
[Page 801]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-2]


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NUCLEAR REGULATORY COMMISSION

[Docket Nos. 50-334 and 50-412; License Nos. DPR-66 and NPF-73]


FirstEnergy Nuclear Operating Company, FirstEnergy Nuclear 
Generation Corp. (Beaver Valley Power Station, Units 1 and 2); Order 
Approving Application Regarding Proposed Corporate Restructuring

I

    FirstEnergy Nuclear Operating Company (FENOC) and FirstEnergy 
Nuclear Generation Corp. (FENGenCo) are the holders of Facility 
Operating License DPR-66 and along with the Ohio Edison Company and 
Toledo Edison Company Facility Operating License NPF-73, which 
authorize the possession, use, and operation of Beaver Valley Power 
Station, Unit 1 (BVPS 1) and Beaver Valley Power Station, Unit 2 (BVPS 
2), respectively. The facilities are located in Beaver County, 
Pennsylvania.

II

    By letter dated June 6, 2006, as supplemented by letters dated June 
9 and August 15, 2006, FENOC, the licensed operator of BVPS 1 and 2, 
acting on behalf of FENGenCo and FirstEnergy Solutions Corp. (FE 
Solutions), submitted an application to the U.S. Nuclear Regulatory 
Commission (NRC or Commission) requesting, pursuant to Section 50.80 of 
Title 10 of the Code of Federal Regulations (10 CFR), approval of the 
indirect transfer of control of FENGenCo's licenses to own FENGenCo's 
interest in BVPS 1 and BVPS 2. FE Solutions and FENGenCo are both 
currently wholly owned direct subsidiaries of FirstEnergy Corp. 
(FirstEnergy). This action is being sought as a result of a planned 
corporate restructuring which would make FENGenCo: (1) A wholly owned 
direct subsidiary of FE Solutions; and 2) a wholly owned second-tier 
subsidiary of FirstEnergy. The Ohio Edison Company and the Toledo 
Edison Company, which hold leased interests in BVPS 2 and are licensed 
to possess such interests, are not involved in the planned corporate 
restructuring. The proposed corporate restructuring involves no changes 
to any of the facility licenses. Accordingly, no license amendments are 
requested in the application.
    A ``Notice of Consideration of Approval of Application Regarding 
Proposed Corporate Restructuring, and Opportunity for a Hearing,'' was 
published in the Federal Register on July 12, 2006 (71 FR 39371-39372). 
No comments or hearing requests were received.
    Under 10 CFR 50.80, no license, or any right thereunder, shall be 
transferred, directly or indirectly, through transfer of control of the 
license, unless the Commission shall give its consent in writing. Upon 
review of the information in the application submitted by FENOC and 
other information before the Commission, the NRC staff has determined 
that the subject corporate restructuring will not affect the 
qualifications of FENGenCo to hold the licenses to the same extent now 
held by FENGenCo, and that the indirect transfer of the licenses as 
held by FENGenCo effected by the corporate restructuring is otherwise 
consistent with applicable provisions of law, regulations, and orders 
issued by the Commission pursuant thereto, subject to the condition 
discussed herein.
    The findings set forth above are supported by a safety evaluation 
dated December 28, 2006.

III

    Accordingly, pursuant to Sections 161b, 161i, and 184 of the Atomic 
Energy Act of 1954, as amended (the Act), 42 U.S.C. 2201(b), 2201(i), 
and 2234; and 10 CFR 50.80, It is hereby ordered that the application 
regarding the proposed corporate restructuring and indirect license 
transfers is approved, subject to the following condition:

    Should the proposed corporate restructuring not be completed by 
December 28, 2007, this Order shall become null and void, provided, 
however, upon written application and good cause shown, such date 
may be extended by order.

    This Order is effective upon issuance.
    For further details with respect to this Order, see the application 
dated June 6, 2006, as supplemented by letters dated June 9 and August 
15, 2006, and the safety evaluation dated December 28, 2006, which are 
available for public inspection in the Commission's Public Document 
Room (PDR), located at One White Flint North, Public File Area O1 F21, 
11555 Rockville Pike (first floor), Rockville, Maryland, and accessible 
electronically from the Agencywide Documents Access and Management 
System (ADAMS) Public Electronic Reading Room on the Internet at the 
NRC Web site, http://www.nrc.gov/reading-rm/adams.html. Persons who do 
not have access to ADAMS or who encounter problems in accessing the 
documents located in ADAMS, should contact the NRC PDR Reference staff 
by telephone at 1-800-397-4209, 301-415-4737, or by e-mail to 
pdr@nrc.gov.

    Dated: December 28, 2006.

    For the Nuclear Regulatory Commission.
John W. Lubinski,
Acting Director, Division of Operating Reactor Licensing, Office of 
Nuclear Reactor Regulation.
 [FR Doc. E7-2 Filed 1-5-07; 8:45 am]
BILLING CODE 7590-01-P