[Federal Register Volume 72, Number 4 (Monday, January 8, 2007)]
[Notices]
[Pages 800-801]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-1]
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NUCLEAR REGULATORY COMMISSION
[Docket No. 50-440; License No. NPF-58]
FirstEnergy Nuclear Operating Company, FirstEnergy Nuclear
Generation Corp. (Perry Nuclear Power Plant, Unit No. 1); Order
Approving Application Regarding Proposed Corporate Restructuring
I
FirstEnergy Nuclear Operating Company (FENOC) and FirstEnergy
Nuclear Generation Corp. (FENGenCo), along with the Ohio Edison
Company, are the holders of Facility Operating License NPF-58, which
authorizes the possession, use, and operation of Perry Nuclear Power
Plant, Unit No. 1 (Perry). The facility is located in Lake County,
Ohio.
II
By letter dated June 6, 2006, as supplemented by letters dated June
9 and August 15, 2006, FENOC, the licensed operator of Perry, 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 license to own 87.42 percent of Perry. 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, which holds a leased interest in Perry and is licensed
to possess such interest, is not involved in the planned corporate
restructuring. The proposed corporate restructuring involves no changes
to the facility license. 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 39370-39371).
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 license to the same extent now
held by FENGenCo, and that the indirect transfer of the license 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. Sec. Sec. 2201(b),
2201(i), and 2234; and 10 CFR 50.80, It is hereby ordered that the
application regarding
[[Page 801]]
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
[email protected].
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