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I'm not in the field, but it seems like the risk calculation itself could be used as a driver.

By shifting the regulatory cost from focusing on lesser risks to catastrophic ones, you could make fundamentally safer reactor designs economically competitive while still retaining the primary political goals (avoidance of major event).

I'm concerned but not running around screaming if a reactor leaks tritium. I'm very much the latter if a reactor goes prompt critical.



It's my understanding governments have considered light-touch regulation of nuclear safety with the policy "any nuclear power plant that can get insurance to cover a $100 billion+ meltdown cost can be built" and the result is nobody can provide such insurance, so no plants get built.


From an actuarial standpoint, I wouldn't go near nuclear with a 10' pole either. Simply because the population size is too small.

In the same way I wouldn't offer SR-71 insurance.

That feels like a dodge on the part of regulators.


There's an actual actuarial analysis online somewhere, though I can't remember if it's in German, and the problem is not population size, but a nearly unbounded risk. Take a look at Fukushima and think about what would have happened in terms of cost had the wind blown in another direction.


Maybe this?

https://www.versicherungsforen.at/portal/media/forschung/stu...

Thanks for the pointer! Will be an interesting read.




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