Nuclear plants around the world suffer a multi core melt down once every 25 years. So Fukishima in 2010 should have happened to Sizewell- an old nuclear plant, full of radioactive toxins.
Since Windscale 10 October 1957 British nuclear has ridden its luck: Chernobul 26 April 1986 , Bhopal 2 Dec 1984 – 3 Dec 1984 , Seveso v, Fukishima 11 March 2011. You are getting the idea.
So Sizewell should have gone off 5 years ago: we are waiting on Heavy rain setting off an earthquake. When it goes off, the property cost of the homes now uninhabitable for 100 thousand years is £5.75 trillion, or 2.7 times the UK’s GDP.
Onyl 15 million people will suffer an agonising death within 20 years: cost 15 trillion.
So that is the major cost of a nuclear incident – 15 trillion. And every nuclear plant carries insurance of 50 million. 106 – a million times too little.
Which is why the backers for a new Hinkley or Sizewell, have exited stage right. There will be no money men. 57 Chinese nuclear plants – over 1000 trillion of insurance required. There is no insurance abeo 1 billion.
1 million times too little. And academics have been doing research work, for the most under insured and toxic industry that will ever exist.