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As indicated above, the ER was revised in late 1990/early 1991 to
increase the amount authorized to $1,350,000.
With respect to the acquisition and installation of the area
radiation monitoring system, petitioner incurred capitalized cost
(tax basis) of $657,253 for equipment placed in service in the
1990 taxable year.
7. Nuclear Fuel Transfer System
A nuclear fuel transfer system is an underwater system
consisting of motors and equipment that transports spent nuclear
fuel from the reactor to the spent fuel pool. FPL reconstructed
its nuclear fuel transfer system at Turkey Point. The
reconstruction modernized the system by installing a two-cable
hoist, changing a number of monitors that measured the load, and
changing a number of drive motors and associated equipment. FPL
claims ITCs for the nuclear fuel transfer system in the 1988,
1989, and 1990 taxable years.
A 1984 BI No. 569, approved on October 24, 1983, budgeted
$1,178,000 for the fuel transfer system upgrade for Turkey Point
Units 3 and 4. The BI describes the work to be performed as:
Upgrade the nuclear fuel transfer system on Unit
#3 & #4, with out [sic] of water electric drive motor
(replaces underwater air drive motor), counter weights
on the upenders, winch load monitors for the upenders,
quick opening transfer tube closures, dual cables and
hoist load monitors for the spent fuel pit bridge crane
hoists.
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