NRG Argues Exelon Hostile Takeover Not A Done Deal

NRG, the US power generator, is objecting to talk by Exelon that it will have its hostile takeover of NRG completed by the end of the year to form the largest US power producer.

NRG, which has been pushing back against the $6.2bn bid, notes that the approval from FERC (Federal Regulation and Oversight of Energy) regulators, granted last week, in no way guarantees the deal will go through. Indeed, NRG says, numerous approvals still must be obtained:

Economy to slow U.S. nuclear power growth: NRC head

LOS ANGELES (Reuters) - An “excessive exuberance” for expansion in the U.S. nuclear power industry has calmed because of the global credit and economic crisis, the head of the U.S. Nuclear Regulatory Commission said on Tuesday.

Exelon CEO Warns Of Risks In Push To Reshape Energy Policy

WASHINGTON -(Dow Jones)- Exelon Corp. (EXC) Chief Executive John Rowe warned that government efforts to wean the U.S. economy from carbon-based energy could wind up wasting money and creating a political backlash if plans aren’t fully thought through.

The Nuclear Energy Debate (2 Letters)

As a nuclear engineer, I worked in the nuclear industry in the 1960s and 1970s. We did a good job then of building plants that are still generating economical power today. But we did a terrible job of working with environmental groups, and they with us.

Nukes to the rescue?

Jerry Taylor and V. John White both say that building nuclear power plants is a non-starter, but they disagree on the role of government in funding alternative energy development.

Nukes Need Money

It’s late summer in Washington at the tail end of a lame duck presidency. And that means one thing for Beltway insiders: open season for lobbying.

Quick Study: The Facts on Nuclear Energy

In the era of $4-a-gallon gas, nuclear energy is getting new scrutiny. Depending on which side you listen to, nuclear power is either the fresh, young, can-do face of the future or the tired, old, ticking time bomb of the past.

The Nuclear Regulatory Commission says the reactor revival is NOT ready for prime time

A devastating blow to the much-hyped revival of atomic power has been delivered by an unlikely source—the Nuclear Regulatory Commission.

Honest Questions Require Honest Answers

In the past year or so I’ve been writing articles in opposition to the proliferation of nuclear power stations, not only in the United States, but in the world.

Another Nuclear Leak in France

Uranium-bearing liquid has leaked from a broken underground pipe at a nuclear plant in southeastern France, the national nuclear safety authority said Friday. It was the second leak discovered at a French site this month.