South Carolina Electric & Gas Company, South Carolina Public Service Authority; Virgil C. Summer Nuclear Station, Units 2 and 3, Inspections, Tests, Analyses, and Acceptance Criteria, 34990-34991 [2017-15753]
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34990
Federal Register / Vol. 82, No. 143 / Thursday, July 27, 2017 / Notices
three primary drivers of the Share
Insurance Fund’s performance.
• A 4 basis point decline in the value
of the Share Insurance Fund’s claim on
the corporate credit union asset
management estates.
• A 2 basis point decline in the equity
ratio expected to occur prior to when
the remaining NGNs begin to mature in
2020 and remaining exposure to the
Legacy Assets can begin to be reduced.
This helps ensure the 4 basis points of
additional equity to account for the
potential decline in value of the claims
on the asset management estates is
maintained in the Share Insurance Fund
until Legacy Assets can be sold.52
Therefore, the Board proposes to set
the normal operating level at 1.39
percent. Based on the yearend equity
ratio projections of 1.45 percent to 1.47
percent from Table 3, this would result
in an estimated initial Share Insurance
Fund distribution of 6 to 8 basis points
(approximately $600 to $800 million)
paid in 2018.53
mstockstill on DSK30JT082PROD with NOTICES
Policy for Setting the Normal Operating
Level
The Board retains the authority to
reassess and set the normal operating
level periodically, in particular when
there are changes in the risks to the
Share Insurance Fund’s equity ratio,
such as maturity of the NGNs. Based on
the approach discussed above, the
Board proposes to replace its current
policy for setting the normal operating
level with the following.54
Periodically, NCUA will review the
equity needs of the Share Insurance
Fund and provide this analysis to
stakeholders. Board action is only
necessary when this review determines
that a change in the normal operating
level is warranted. Any change to the
normal operating level of more than 1
basis point shall be made only after a
public announcement of the proposed
52 The Board must consider retaining this equity
now, because as the equity ratio declines, the Board
would be unable to replenish the equity through
premium assessments as long as the equity ratio
remains above 1.30 percent, per the Act. 12 U.S.C.
1782(c)(2)(B).
53 The 4 basis points of equity included for
covering losses on the Share Insurance Fund’s
claims against the corporate asset management
estates, along with any recognition permitted on the
outstanding balance of the $1 billion U.S. Central
capital note (an estimated range of 2 to 5 basis
points of equity), may be available for a future
Share Insurance Fund distribution—provided it is
not consumed by an increase in future legacy asset
losses from an economic downturn or other losses
and factors affecting the equity ratio. Future
distributions also depend on any subsequent
changes the Board might make to the normal
operating level.
54 The current policy was approved at the
December 3, 2007 NCUA Board meeting open to the
public.
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19:17 Jul 26, 2017
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adjustment and opportunity for
comment. In soliciting comment, NCUA
will issue a report including data
supporting the proposal.
The Board’s main objectives in setting
the normal operating level are to:
• Retain public confidence in federal
share insurance,
• Prevent impairment of the one
percent contributed capital deposit, and
• Ensure the Share Insurance Fund
can withstand a moderate recession
without the equity ratio declining below
1.20 percent over a five-year period.
V. Request for Comment
The Board seeks comments on the
proposed closure of the Stabilization
Fund in 2017 and the related approach
for setting the normal operating level of
the Share Insurance Fund. Commenters
are also encouraged to discuss any other
relevant issues they believe the Board
should consider with respect to this
matter. In particular, the Board is
interested in comments on whether to:
• Close the Stabilization Fund in
2017, close it at some future date, or
wait until it is currently scheduled to
close in 2021.
• Set the normal operating level
based on the Share Insurance Fund’s
ability to withstand a moderate
recession. Or, should the Share
Insurance Fund be able to withstand a
severe recession.
• Base the approach to setting the
normal operating level on preventing
the equity ratio from declining below
1.20 percent, or some other higher
minimum level.
Commenters are encouraged to
provide the specific basis for their
comments and, to the extent feasible,
documentation to support any
recommendations.
By the National Credit Union
Administration Board on July 20, 2017.
Gerard S. Poliquin,
Secretary of the Board.
[FR Doc. 2017–15686 Filed 7–26–17; 8:45 am]
BILLING CODE 7535–01–P
NUCLEAR REGULATORY
COMMISSION
[Docket Nos. 52–027 and 52–028; NRC–
2008–0441]
South Carolina Electric & Gas
Company, South Carolina Public
Service Authority; Virgil C. Summer
Nuclear Station, Units 2 and 3,
Inspections, Tests, Analyses, and
Acceptance Criteria
Nuclear Regulatory
Commission.
AGENCY:
PO 00000
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Determination of the successful
completion of inspections, tests, and
analyses.
ACTION:
The U.S. Nuclear Regulatory
Commission (NRC) has determined that
the inspections, tests, and analyses have
been successfully completed, and that
the specified acceptance criteria are met
for the Virgil C. Summer Nuclear
Station (VCSNS), Units 2 and 3.
DATES: The determination of the
successful completion of inspections,
tests, and analyses for VCSNS Units 2
and 3 is effective July 27, 2017.
ADDRESSES: Please refer to Docket ID
NRC–2008–0441 when contacting the
NRC about the availability of
information regarding this document.
You may obtain publicly-available
information related to this document
using any of the following methods:
• Federal Rulemaking Web site: Go to
https://www.regulations.gov and search
for Docket ID NRC–2008–0441. Address
questions about NRC dockets to Carol
Gallagher; telephone: 301–415–3463;
email: Carol.Gallagher@nrc.gov. For
technical questions, contact the
individual listed in the FOR FURTHER
INFORMATION CONTACT section of this
document.
• NRC’s Agencywide Documents
Access and Management System
(ADAMS): You may obtain publiclyavailable documents online in the
ADAMS Public Documents collection at
https://www.nrc.gov/reading-rm/
adams.html. To begin the search, select
‘‘ADAMS Public Documents’’ and then
select ‘‘Begin Web-based ADAMS
Search.’’ For problems with ADAMS,
please contact the NRC’s Public
Document Room (PDR) reference staff at
1–800–397–4209, 301–415–4737, or by
email to pdr.resource@nrc.gov. The
ADAMS accession number for each
document referenced (if it is available in
ADAMS) is provided the first time that
it is mentioned in this document.
• NRC’s PDR: You may examine and
purchase copies of public documents at
the NRC’s PDR, Room O1–F21, One
White Flint North, 11555 Rockville
Pike, Rockville, Maryland 20852.
FOR FURTHER INFORMATION CONTACT:
Billy Gleaves, Office of New Reactors,
U.S. Nuclear Regulatory Commission,
Washington, DC 20555–0001; telephone:
301–415–5848; email: Bill.Gleaves@
nrc.gov.
SUMMARY:
SUPPLEMENTARY INFORMATION:
I. Licensee Notification of Completion
of ITAAC
South Carolina Electric & Gas
(SCE&G), on behalf of itself and the
South Carolina Public Service
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Federal Register / Vol. 82, No. 143 / Thursday, July 27, 2017 / Notices
Authority, (both hereafter called the
licensee) has submitted inspections,
tests, analyses, and acceptance criteria
(ITAAC) closure notifications (ICNs)
under § 52.99(c)(1) of title 10 of the
Code of Federal Regulations (10 CFR),
informing the NRC that the licensee has
successfully performed the required
inspections, tests, and analyses, and that
the acceptance criteria are met for:
VCSNS, Unit 2 ITAAC
2.1.02.08d.vii (38), 2.2.01.06d.i (105),
2.5.02.07b (535), 2.5.02.07e (538),
3.2.00.01a (739), 3.2.00.01b (740),
and 3.2.00.01c.i (741)
VCSNS, Unit 3 ITAAC
2.2.01.06d.i (105), 2.5.02.07b (535),
2.5.02.07e (538), 3.2.00.01a (739),
3.2.00.01b (740), and 3.2.00.01c.i
(741)
The ITAAC for VCSNS, Unit 2 are in
Appendix C of the VCSNS, Unit 2
combined license (ADAMS Accession
No. ML14100A092). The ITAAC for
VCSNS, Unit 3 are in Appendix C of
VCSNS, Unit 3 combined license
(ADAMS Accession No. ML14100A101).
mstockstill on DSK30JT082PROD with NOTICES
II. NRC Staff Determination of
Completion of ITAAC
The NRC staff has determined that the
specified inspections, tests, and
analyses have been successfully
completed, and that the specified
acceptance criteria are met. The
documentation of the NRC staff’s
determination is in the ITAAC Closure
Verification Evaluation Form (VEF) for
each ITAAC. The VEF is a form that
represents the NRC staff’s structured
process for reviewing ICNs. Each ICN
presents a narrative description of how
the ITAAC was completed. The NRC’s
ICN review process involves a
determination on whether, among other
things: (1) Each ICN provides sufficient
information, including a summary of the
methodology used to perform the
ITAAC, to demonstrate that the
inspections, tests, and analyses have
been successfully completed; (2) each
ICN provides sufficient information to
demonstrate that the acceptance criteria
of the ITAAC are met; and (3) any NRC
inspections for the ITAAC have been
completed and any ITAAC findings
associated with that ITAAC have been
closed.
The NRC staff’s determination of the
successful completion of these ITAAC is
based on information available at this
time and is subject to the licensee’s
ability to maintain the condition that
the acceptance criteria are met. If the
NRC staff receives new information that
suggests the NRC staff’s determination
on any of these ITAAC is incorrect, then
the NRC staff will determine whether to
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19:17 Jul 26, 2017
Jkt 241001
reopen that ITAAC (including
withdrawing the NRC staff’s
determination on that ITAAC). The NRC
staff’s determination will be used to
support a subsequent finding, pursuant
to 10 CFR 52.103(g), at the end of
construction that all acceptance criteria
in the combined license are met. The
ITAAC closure process is not finalized
for these ITAAC until the NRC makes an
affirmative finding under 10 CFR
52.103(g). Any future updates to the
status of these ITAAC will be reflected
on the NRC’s Web site at https://
www.nrc.gov/reactors/new-reactors/
oversight/itaac.html.
This notice fulfills the NRC staff’s
obligations under 10 CFR 52.99(e)(1) to
publish a notice in the Federal Register
of the NRC staff’s determination of the
successful completion of inspections,
tests and analyses.
Virgil C. Summer Nuclear Station Unit
2, Docket No. 5200027
A complete list of the review status
for VCSNS, Unit 2 ITAAC, including the
submission date and ADAMS Accession
Number for each ICN received, the
ADAMS Accession Number for each
VEF, and the ADAMS Accession
Numbers for the inspection reports
associated with these specific ITAAC,
can be found on the NRC’s Web site at
https://www.nrc.gov/reactors/newreactors/new-licensing-files/sum2icnsr.pdf.
Virgil C. Summer Nuclear Station Unit
3, Docket No. 5200028
A complete list of the review status
for VCSNS, Unit 3 ITAAC, including the
submission date and ADAMS Accession
Number for each ICN received, the
ADAMS Accession Number for each
VEF, and the ADAMS Accession
Numbers for the inspection reports
associated with these specific ITAAC,
can be found on the NRC’s Web site at
https://www.nrc.gov/reactors/newreactors/new-licensing-files/sum3icnsr.pdf.
Dated at Rockville, Maryland, this 18th day
of July 2017.
For the Nuclear Regulatory Commission.
Jennifer Dixon-Herrity,
Chief, Licensing Branch 4, Division of New
Reactor Licensing, Office of New Reactors.
[FR Doc. 2017–15753 Filed 7–26–17; 8:45 am]
BILLING CODE 7590–01–P
PO 00000
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34991
NUCLEAR REGULATORY
COMMISSION
[Docket Nos. 50–413 and 50–414; NRC–
2017–0104]
Duke Energy Carolinas, LLC; Catawba
Nuclear Station, Units 1 and 2
Nuclear Regulatory
Commission.
ACTION: License amendment application;
withdrawal by applicant.
AGENCY:
The U.S. Nuclear Regulatory
Commission (NRC) has granted the
request of Duke Energy Carolinas, LLC
(Duke Energy) to withdraw its
application dated December 15, 2016,
for proposed amendments to Renewed
Facility Operating License Nos. NPF–35
and NPF–52. In that submitted, Duke
Energy proposed to adopt multiple
Technical Specifications Task Force
(TSTF) Travelers that would have
modified Technical Specification (TS)
3.4.12, ‘‘Low Temperature Overpressure
Protection (LTOP) System,’’ to increase
the time allowed for swapping charging
pumps to one hour. The portion related
to TSTF–285–A, Revision 1, ‘‘Charging
Pump Swap LTOP Allowance,’’ is being
withdrawn.
DATES: July 27, 2017.
ADDRESSES: Please refer to Docket ID
NRC–2017–0104 when contacting the
NRC about the availability of
information regarding this document.
You may obtain publicly-available
information related to this document
using any of the following methods:
• Federal Rulemaking Web site: Go to
https://www.regulations.gov and search
for Docket ID NRC–2017–0104. Address
questions about NRC dockets to Carol
Gallagher; telephone: 301–415–3463;
email: Carol.Gallagher@nrc.gov. For
technical questions, contact the
individual listed in the FOR FURTHER
INFORMATION CONTACT section of this
document.
• NRC’s Agencywide Documents
Access and Management System
(ADAMS): You may obtain publiclyavailable documents online in the
ADAMS Public Documents collection at
https://www.nrc.gov/reading-rm/
adams.html. To begin the search, select
‘‘ADAMS Public Documents’’ and then
select ‘‘Begin Web-based ADAMS
Search.’’ For problems with ADAMS,
please contact the NRC’s Public
Document Room (PDR) reference staff at
1–800–397–4209, 301–415–4737, or by
email to pdr.resource@nrc.gov. The
ADAMS accession number for each
document referenced (if it is available in
ADAMS) is provided the first time that
it is mentioned in this document.
SUMMARY:
E:\FR\FM\27JYN1.SGM
27JYN1
Agencies
[Federal Register Volume 82, Number 143 (Thursday, July 27, 2017)]
[Notices]
[Pages 34990-34991]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-15753]
=======================================================================
-----------------------------------------------------------------------
NUCLEAR REGULATORY COMMISSION
[Docket Nos. 52-027 and 52-028; NRC-2008-0441]
South Carolina Electric & Gas Company, South Carolina Public
Service Authority; Virgil C. Summer Nuclear Station, Units 2 and 3,
Inspections, Tests, Analyses, and Acceptance Criteria
AGENCY: Nuclear Regulatory Commission.
ACTION: Determination of the successful completion of inspections,
tests, and analyses.
-----------------------------------------------------------------------
SUMMARY: The U.S. Nuclear Regulatory Commission (NRC) has determined
that the inspections, tests, and analyses have been successfully
completed, and that the specified acceptance criteria are met for the
Virgil C. Summer Nuclear Station (VCSNS), Units 2 and 3.
DATES: The determination of the successful completion of inspections,
tests, and analyses for VCSNS Units 2 and 3 is effective July 27, 2017.
ADDRESSES: Please refer to Docket ID NRC-2008-0441 when contacting the
NRC about the availability of information regarding this document. You
may obtain publicly-available information related to this document
using any of the following methods:
Federal Rulemaking Web site: Go to https://www.regulations.gov and search for Docket ID NRC-2008-0441. Address
questions about NRC dockets to Carol Gallagher; telephone: 301-415-
3463; email: Carol.Gallagher@nrc.gov. For technical questions, contact
the individual listed in the FOR FURTHER INFORMATION CONTACT section of
this document.
NRC's Agencywide Documents Access and Management System
(ADAMS): You may obtain publicly-available documents online in the
ADAMS Public Documents collection at https://www.nrc.gov/reading-rm/adams.html. To begin the search, select ``ADAMS Public Documents'' and
then select ``Begin Web-based ADAMS Search.'' For problems with ADAMS,
please contact the NRC's Public Document Room (PDR) reference staff at
1-800-397-4209, 301-415-4737, or by email to pdr.resource@nrc.gov. The
ADAMS accession number for each document referenced (if it is available
in ADAMS) is provided the first time that it is mentioned in this
document.
NRC's PDR: You may examine and purchase copies of public
documents at the NRC's PDR, Room O1-F21, One White Flint North, 11555
Rockville Pike, Rockville, Maryland 20852.
FOR FURTHER INFORMATION CONTACT: Billy Gleaves, Office of New Reactors,
U.S. Nuclear Regulatory Commission, Washington, DC 20555-0001;
telephone: 301-415-5848; email: Bill.Gleaves@nrc.gov.
SUPPLEMENTARY INFORMATION:
I. Licensee Notification of Completion of ITAAC
South Carolina Electric & Gas (SCE&G), on behalf of itself and the
South Carolina Public Service
[[Page 34991]]
Authority, (both hereafter called the licensee) has submitted
inspections, tests, analyses, and acceptance criteria (ITAAC) closure
notifications (ICNs) under Sec. 52.99(c)(1) of title 10 of the Code of
Federal Regulations (10 CFR), informing the NRC that the licensee has
successfully performed the required inspections, tests, and analyses,
and that the acceptance criteria are met for:
VCSNS, Unit 2 ITAAC
2.1.02.08d.vii (38), 2.2.01.06d.i (105), 2.5.02.07b (535),
2.5.02.07e (538), 3.2.00.01a (739), 3.2.00.01b (740), and 3.2.00.01c.i
(741)
VCSNS, Unit 3 ITAAC
2.2.01.06d.i (105), 2.5.02.07b (535), 2.5.02.07e (538), 3.2.00.01a
(739), 3.2.00.01b (740), and 3.2.00.01c.i (741)
The ITAAC for VCSNS, Unit 2 are in Appendix C of the VCSNS, Unit 2
combined license (ADAMS Accession No. ML14100A092). The ITAAC for
VCSNS, Unit 3 are in Appendix C of VCSNS, Unit 3 combined license
(ADAMS Accession No. ML14100A101).
II. NRC Staff Determination of Completion of ITAAC
The NRC staff has determined that the specified inspections, tests,
and analyses have been successfully completed, and that the specified
acceptance criteria are met. The documentation of the NRC staff's
determination is in the ITAAC Closure Verification Evaluation Form
(VEF) for each ITAAC. The VEF is a form that represents the NRC staff's
structured process for reviewing ICNs. Each ICN presents a narrative
description of how the ITAAC was completed. The NRC's ICN review
process involves a determination on whether, among other things: (1)
Each ICN provides sufficient information, including a summary of the
methodology used to perform the ITAAC, to demonstrate that the
inspections, tests, and analyses have been successfully completed; (2)
each ICN provides sufficient information to demonstrate that the
acceptance criteria of the ITAAC are met; and (3) any NRC inspections
for the ITAAC have been completed and any ITAAC findings associated
with that ITAAC have been closed.
The NRC staff's determination of the successful completion of these
ITAAC is based on information available at this time and is subject to
the licensee's ability to maintain the condition that the acceptance
criteria are met. If the NRC staff receives new information that
suggests the NRC staff's determination on any of these ITAAC is
incorrect, then the NRC staff will determine whether to reopen that
ITAAC (including withdrawing the NRC staff's determination on that
ITAAC). The NRC staff's determination will be used to support a
subsequent finding, pursuant to 10 CFR 52.103(g), at the end of
construction that all acceptance criteria in the combined license are
met. The ITAAC closure process is not finalized for these ITAAC until
the NRC makes an affirmative finding under 10 CFR 52.103(g). Any future
updates to the status of these ITAAC will be reflected on the NRC's Web
site at https://www.nrc.gov/reactors/new-reactors/oversight/itaac.html.
This notice fulfills the NRC staff's obligations under 10 CFR
52.99(e)(1) to publish a notice in the Federal Register of the NRC
staff's determination of the successful completion of inspections,
tests and analyses.
Virgil C. Summer Nuclear Station Unit 2, Docket No. 5200027
A complete list of the review status for VCSNS, Unit 2 ITAAC,
including the submission date and ADAMS Accession Number for each ICN
received, the ADAMS Accession Number for each VEF, and the ADAMS
Accession Numbers for the inspection reports associated with these
specific ITAAC, can be found on the NRC's Web site at https://www.nrc.gov/reactors/new-reactors/new-licensing-files/sum2-icnsr.pdf.
Virgil C. Summer Nuclear Station Unit 3, Docket No. 5200028
A complete list of the review status for VCSNS, Unit 3 ITAAC,
including the submission date and ADAMS Accession Number for each ICN
received, the ADAMS Accession Number for each VEF, and the ADAMS
Accession Numbers for the inspection reports associated with these
specific ITAAC, can be found on the NRC's Web site at https://www.nrc.gov/reactors/new-reactors/new-licensing-files/sum3-icnsr.pdf.
Dated at Rockville, Maryland, this 18th day of July 2017.
For the Nuclear Regulatory Commission.
Jennifer Dixon-Herrity,
Chief, Licensing Branch 4, Division of New Reactor Licensing, Office of
New Reactors.
[FR Doc. 2017-15753 Filed 7-26-17; 8:45 am]
BILLING CODE 7590-01-P