Nuclear Future Is Now Because That’s Where Profit Is for Exelon: Real M&A

Exelon Corp. (EXC) is trying to pull off its largest takeover by acquiring more nuclear power plants -- less than two months after the industry’s worst disaster since Chernobyl.

The biggest U.S. operator of nuclear power facilities agreed to purchase Constellation Energy Group Inc. (CEG) of Baltimore for about $7.9 billion in stock, giving the Chicago-based company stakes in five more reactors. Including net debt, the transaction would be Exelon’s first acquisition over $1 billion since 2002 after three deals fell apart in the past seven years, according to data compiled by Bloomberg.

Now is not the time for energy-starved India to increase nuclear dependency

Japan's nuclear disaster has fuelled fear and uncertainty among all of the world's producers of nuclear power. For India, an energy-starved country with big nuclear plans, much is at stake.

The wider fear over nuclear power has two main causes. Firstly, although it ranks as a "clean" source of energy, it is accompanied by the terrible shadow of nuclear war and Japan's last reckoning with nuclear catastrophe 65 years ago at Hiroshima and Nagasaki. Secondly, the secrecy that attends all things nuclear has left people not knowing enough to feel confident.

World not prepared for climate conflicts - security experts

Accelerating climate change and competition for limited supplies of water, food and energy are poised to ignite long-simmering conflicts in fragile states, monopolising the world's military resources and hampering development efforts, security experts say.

Defusing these new 21st century conflicts – or at least preparing governments and citizens to cope with them – will require a broad range of innovative interventions, a gathering at Britain's Department for International Development (DFID) heard earlier this month.

US govt to train PHL forces in energy exploration security

Filipino naval forces assigned to secure oil and gas exploration activities are set to undergo training from the US government, according to the Energy Department.

The Department of Energy (DOE) and Department of National Defense (DND) will be buying military equipment from the US within a three-year period in exchange for the training services.

Increased calls for nuclear energy use in Jamaica

Professor Gerald Lalor has renewed his call for nuclear technology to be introduced in Jamaica.

This, despite safety concerns raised by the meltdown at Japan’s Dai-ichi nuclear power plant and the Golding administration’s rejection of atomic energy as a near-term contributor to Jamaica’s energy grid.

International Energy Agency Supports Biofuels Roadmap

Biofuels can provide up to 27% of world transportation fuel by 2050, according to a new report from the International Energy Agency (IEA).

The report says that “the widespread deployment of biofuels can play an important role in reducing CO2 emissions in the transport sector and enhancing energy security, when produced sustainably.”

Jaitapur decision to be based on 'energy, environment security'

With situation in Ratnagiri remaining volatile, the Congress party Wednesday said Maharashtra will take a decision on the Jaitapur nuclear power plant in the best interest of "energy and environment security".

One person was killed and several others were injured when police opened fire on a crowd protesting the proposed 9,900 MW nuclear power plant Monday.