this post was submitted on 08 May 2025
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There's plenty of insurers not in America...
A nuclear reactor isn't actually a very complicated machine, in a sense. Put enough nuclear fuel in one place and it gets hot. Then, drive a heat engine with it. Usually one based on steam, although closed-cycle gas turbines, sterling engines and airbreathing jet engines have all been experimented with.
It's just that you have to keep track of neutron moderation and cross sections, half lives of thousands of isotopes, thermal changes, non-constant demand and the possibility of point failures, all under the condition that you can't let anything escape. That makes it complicated, but then again each individual part on that list can be learned from open-source materials.
It's even known what general kinds of reactors are on various military nuclear submarines. For example, the earlier Soviet designs used a liquid lead-bismuth cooled fast neutron design, which is why the Russians have so much polonium, while the modern designs use a pressurised water coolant.
It is not insuring the reactor for replacement, it is insuring the entire nuclear powered ship so it can enter a port. Ships collide. Ships crash. Ships hit bridges. An oil spill is one thing, nuclear contamination of the entire port is another.
Yes, I'm aware. It's a sector pretty famously pioneered by the British, and Lloyd's of London still operates.