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This document contains financial statements and guarantees regarding the deferred premium payment obligations related to the Palo Verde Nuclear Generating Station, submitted to the U.S. Nuclear Regulatory
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How to fill out Palo Verde Nuclear Generating Station Licensee Guarantee of Payment of Deferred Premium

01
Obtain the official form for the Licensee Guarantee of Payment of Deferred Premium.
02
Fill in the licensee's name and address accurately as per their official documents.
03
Provide the license number and other identification details as required.
04
Specify the amount of deferred premium in the designated section.
05
Include a detailed explanation of the circumstances necessitating the deferred premium.
06
Provide financial information or guarantees as required by the form.
07
Sign and date the form where indicated, ensuring all information is complete.
08
Submit the completed form to the appropriate regulatory authority.

Who needs Palo Verde Nuclear Generating Station Licensee Guarantee of Payment of Deferred Premium?

01
Nuclear power plant operators or licensees at the Palo Verde Nuclear Generating Station who are deferring premium payments.
02
Entities or companies responsible for managing financial obligations related to nuclear operating licenses.
03
Regulatory bodies overseeing nuclear power operations for compliance and accountability.
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Vogtle Units 3 & 4 took 15 years to build and cost $36.8 billion, more than twice the projected timeline and cost.
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Palo Verde is unique in that it is the only "desert" nuclear plant in the western hemisphere - an engineering feat. Palo Verde reclaims and uses wastewater from local cities for condenser cooling water. For reactor coolant and steam, de-mineralized, de-ionized well water is used.
It became fully operational by 1988, took twelve years to build and cost about 5.9 billion dollars.
(Source: EIA) [10] The EIA estimates that the initial capital cost (overnight cost) of a new reactor is $5,339 per kW, or $5.3 billion for a 1000 MW reactor.
Construction of the generating station was completed in late 2012 at a cost of $1.3 billion. The transmission line was a separate Manitoba Hydro project constructed at a cost of $300 million.

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The Palo Verde Nuclear Generating Station Licensee Guarantee of Payment of Deferred Premium is a financial instrument that ensures the availability of funds to cover deferred premium obligations associated with the facility's operations and regulatory compliance.
The entities operating the Palo Verde Nuclear Generating Station, specifically the licensees responsible for its management and regulatory compliance, are required to file the Guarantee of Payment of Deferred Premium.
To fill out the Palo Verde Nuclear Generating Station Licensee Guarantee, the licensee must provide necessary details such as the name of the entity, financial data reflecting the ability to cover deferred premiums, and any required signatures by authorized representatives.
The purpose of the Guarantee is to ensure that there are sufficient financial resources to address any deferred premium obligations, thereby contributing to the financial stability and operational safety of the nuclear facility.
The information required includes the licensee's financial status, specific deferred premium amounts, operational risk assessments, and any relevant data that confirms the entity's ability to meet its financial obligations.
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