Much if fhe inspections and standards aren't "necessary for safety" but the direct product of paranoia and lobbying. Nuclear is brutally overregulated, far, far beyond what's necessary to ensure safety, and that's where most costs come from.
Then why is the insurance for every single reactor public sector based?
No,
The reason that constant inspections are need is because radiation weakens everything. Since nothing is immune, everything can break prematurely and so everything must be inspected.
Fukushima and Chornobyl happened directly for a lack of paranoia, regulation and lobbing. I hope that we don't commit the same mistake again.
> Nuclear is brutally overregulated, far, far beyond what's necessary to ensure safety, and that's where most costs come from.
Is this really true? We seem to have a pretty large disaster perhaps every 15-20 years (3 mile island, Chernobyl, Fukushima), which makes me think that it is either correctly- or under- regulated. Of course coal and oil are worse, but that’s not exactly a high bar…