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    FPL Group has offered to purchase Constellation Energy for $11 billion, a premium of about 10% above its market capitalization as of the day before the offer on December 13, 2005. Today, the first full day of stock trading after the offer was made public, both Constellation and FP&L shares are higher; Constellation’s have increased…

  • GNEP meetings play to welcoming crowds

    The Department of Energy has been holding a series of public meetings to share information and gather reactions to proposals to build and operate one or more of three types of facilities related to the Global Nuclear Energy Partnership program. The program leaders currently envision that there will be three new facilities built – a…

  • Joe Romm Talks About Frustration in the Climate Change Debate

    Joe Romm at Climate Progress has an interesting point to make about the frustrations of debating people who make stuff up on the fly. It can be quite challenging to be in a situation where you have done your homework, have all of the charts and graphs, and can speak with reasonable fluency about the…

  • BWXT Begins Life as a Pure Play Nuclear Company

    The Babcock & Wilcox Company has completed its planned separation into two companies, Babcock & Wilcox Enterprises, Inc. and BWX Technologies, Inc. (BWXT). One of the neat things about this announcement is that BWXT will be headquartered in Lynchburg, VA. It might also mean that there is a chance that the new company will regain…

  • Yucca Probably Dead; Now it is Time to Stop Licensing Activities

    According to a detailed report by Bloomberg.com titled Obama Rejects Nuclear Waste Site After 20-Year Fight (Update1) the current Administration has determined that Yucca Mountain will never open. I am not shedding any tears about that development; I have thought it was a huge waste of time, talent and money for many years. However, it…