Morning Report for September 14, 1999
Headquarters Daily Report SEPTEMBER 14, 1999 *************************************************************************** REPORT NEGATIVE NO INPUT ATTACHED INPUT RECEIVED RECEIVED HEADQUARTERS X REGION I X REGION II X REGION III X REGION IV X PRIORITY ATTENTION REQUIRED MORNING REPORT - HEADQUARTERS SEP. 14, 1999 MR Number: H-99-0085 NRR DAILY REPORT ITEM GENERIC COMMUNICATIONS Administrative Letter 99-05, "AMENDED REGULATIONS GOVERNING TIMEPIECES CONTAINING TRITIUM," was issued on September 13, 1999. This administrative letter was issued to all exempt distribution licensees to inform them about recent changes to 10 CFR 32.14. The amended regulations simplify the licensing process for timepieces containing tritium gas. Contact: Anthony S. Kirkwood, NMSS 301-415-6140 E-mail: ask@nrc.gov _ REGION I MORNING REPORT PAGE 2 SEPTEMBER 14, 1999 Licensee/Facility: Notification: Gpu Nuclear Corp. MR Number: 1-99-0032 Oyster Creek 1 Date: 09/14/99 Forked River,New Jersey RI/PC Dockets: 50-219 BWR/GE-2 Subject: GPU, AMERGEN REACH AGREEMENT ON SALE OF OYSTER CREEK Discussion: On September 14, 1999, GPU, Inc. and AmerGen Energy Company announced that they have agreed in principle for GPU to sell its Oyster Creek nuclear generating facility in Lacey Township, NJ, to AmerGen for 10 million dollars. The purchase was conducted using a competitive bidding process approved by the New Jersey Board of Public Utilities that began on February 19, 1999. The next stage of the sale process is the development and signing of an Asset Purchase Agreement (APA) by October 15, 1999. The letter of intent assumes a financial closing date of March 31, 2000. Under the terms of the letter of intent, GPU will fund the 18R refueling outage, including the fuel. AmerGen will repay GPU for the outage costs over a period of nine years. In addition, GPU will purchase power from Oyster Creek at a fixed price for three years. AmerGen will assume full responsibility for the ultimate decommissioning of Oyster Creek. At financial closing, GPU will provide funding for the decommissioning of 430 million dollars. GPU Nuclear (GPUN) will continue to plan for plant shutdown and immediate decommissioning until the APA is signed. When the APA is signed, planning for the 18R outage will begin and decommissioning will be planned as a contingency. GPUN plans immediately to prepare the NRC license transfer application and develop a base scope, schedule and cost for the 18R outage. Oyster Creek has been online for 305 consecutive days since completing its 17R refueling outage in November 1998. The current operating cycle is planned until the Fall, 2000. The Resident Inspectors have been notified. GPU, Inc. has notified the State of New Jersey and has made a press release. Regional Action: None Contact: Joseph Schoppy (609)693-0702 Peter Eselgroth (610)337-5234 _
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