[Federal Register Volume 62, Number 92 (Tuesday, May 13, 1997)]
[Notices]
[Pages 26330-26331]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-12466]


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NUCLEAR REGULATORY COMMISSION

[Docket No. 50-346]


Toledo Edison Company; Centerior Service Company and The 
Cleveland Electric Illuminating Company; Davis-Besse Nuclear Power 
Station, Unit No. 1; Environmental Assessment and Finding of no 
Significant Impact

    The U.S. Nuclear Regulatory Commission (the Commission) is 
considering approval, by issuance of an order under 10 CFR 50.80, of 
the indirect transfer of Facility Operating License No. NPF-3, issued 
to Toledo Edison Company, et al., the licensees, for operation of the 
Davis-Besse Nuclear Power Station, Unit No. 1, located in Ottawa 
County, Ohio.

Environmental Assessment

Identification of the Proposed Action

    The proposed action would consent to the indirect transfer of the 
license with respect to a proposed merger between Centerior Energy 
Corporation (the parent corporation for Toledo Edison Company, The 
Cleveland Electric Illuminating Company, and Centerior Service Company, 
the licensees for Davis-Besse) and Ohio Edison Company. The merger 
would result in the formation of a new single holding company, 
FirstEnergy Corporation.
    The proposed action is in accordance with the Toledo Edison Company 
and Centerior Service Company request for approval dated December 13, 
1996. Supplemental information was submitted by letter dated February 
14, 1997.

The Need for the Proposed Action

    The proposed action is required to obtain the necessary consent to 
the indirect transfer of the license discussed above. According to the 
licensees, the underlying transaction is needed to create a stronger, 
more competitive enterprise that is expected to save over $1 billion 
over the first 10 years of FirstEnergy operation.

Environmental Impacts of the Proposed Action

    The Commission has reviewed the proposed action and concludes that 
there will be no changes to the facility or its operation as a result 
of the proposed action. Accordingly, the NRC staff concludes that there 
are no significant radiological environmental impacts associated with 
the proposed action.
    With regard to potential nonradiological impacts, the proposed 
action does not affect nonradiological plant effluents and has no other 
environmental impact. Accordingly, the NRC staff concludes that there 
are no significant nonradiological environmental impacts associated 
with the proposed action.

Alternatives to the Proposed Action

    As an alternative to the proposed action, the staff considered 
denial of the proposed action. Denial of the application would result 
in no change in current environmental impacts. The environmental 
impacts of the proposed action and the alternative action are similar.

[[Page 26331]]

Alternative Use of Resources

    This action does not involve the use of any resources not 
previously considered in the Final Environmental Statement for the 
Davis-Besse Nuclear Power Station, Unit No. 1, dated October 1975.

Agencies and Persons Consulted

    In accordance with its stated policy, on April 18, 1997, the staff 
consulted with the Ohio State official, Carol O'Claire, of the Ohio 
Emergency Management Agency, regarding the environmental impact of the 
proposed action. The State official had no comments.

Finding of No Significant Impact

    Based upon the environmental assessment, the Commission concludes 
that the proposed action will not have a significant effect on the 
quality of the human environment. Accordingly, the Commission has 
determined not to prepare an environmental impact statement for the 
proposed action.
    For further details with respect to the proposed action, see the 
Toledo Edison Company and Centerior Service Company submittal dated 
December 13, 1996, supplemented by letter dated February 14, 1997, 
which are available for public inspection at the Commission's Public 
Document Room, The Gelman Building, 2120 L Street, NW., Washington, DC, 
and at the local public document room located at the University of 
Toledo, William Carlson Library, Government Documents Collection, 2801 
West Bancroft Avenue, Toledo, Ohio 43606.

    Dated at Rockville, Maryland, this 7th day of May 1997.

    For the Nuclear Regulatory Commission.
Allen G. Hansen,
Project Manager, Project Directorate III-3, Division of Reactor 
Projects III/IV, Office of Nuclear Reactor Regulation.
[FR Doc. 97-12466 Filed 5-12-97; 8:45 am]
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