International Atomic Energy Agency (IAEA)
The Norwegian Nobel Committee has a reputation for sometimes somewhat odd choices when it comes to the Nobel Peace Price.
But this year their choice is spot on: the International Atomic Energy Authority and its Director-General Mohamed ElBaradei.
IAEA has been in the spotlight recently in the discussions concerning Iran. But it has played a key role for decades in working the details of nuclear non-proliferation, and has made it possible to further also the peaceful and safe use of nuclear power.
This year, Oslo has made the right choice.