Standard Review Plan on Power Reactor Licensee Financial Qualifications and Decommissioning Funding Assurance (NUREG-1577, Revision 1)

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Publication Information

Date Published: February 1999

Office of Nuclear Reactor Regulation
U.S. Nuclear Regulatory Commission
Washington, DC 20555-0001

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The NRC is issuing this final Standard Review Plan to describe the process it uses to review the financial qualifications and methods of providing decommissioning funding assurance required of power reactor licenses. A separate SRP was issued for the NRC's antitrust review responsibilities in 1997. This Standard Review Plan is being used as the basis for reviews as the electric utility industry moves from an environment of rate regulation toward greater competition. Although this final Standard Review Plan reflects current regulations and policy, and has been updated to reflect changes to the regulations resulting from responses to the Advance Notice of Proposed Rulemaking and the Draft Statement, it will be updated for any future initiatives. The NRC is concerned that rate deregulation and disaggregation resulting from various restructuring actions involving power reactor licensees could have adverse effects on the protection of public health and safety.

The NRC is publishing Revision 1 to NUREG-1577 to include footnote information omitted in the original version published February 1999.

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