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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

Oversight Board Tells ISO Not to Buy Peaking Power

LCG, Oct. 31, 2000--The California Independent System Operators yesterday called a late afternoon emergency meeting following receipt of a letter from the state's Electricity Oversight Board asking the ISO to hold off on its plans to buy peaking power in anticipation of next summer's electricity squeeze.

Last month, Cal-ISO asked independent companies to submit proposals for new peaking generators that could be in place by the time high demand rolls around next year. The ISO is at present selecting the most efficient and economical from among proposals received at the end of September.

The Oversight Board said it wants the California Public Utilities Commission to get additional proposals from the state's three regulated utilities. The panel may have missed the news that, as a result of electric restructuring in the state, the utilities are no longer in the business of operating conventional power plants.

In its letter, the board said "The Electricity Oversight Board is concerned that the CAISO intends to sign these contracts without providing the EOB with any review of final terms and conditions of the contracts and their costs."

"We make a move and they come back and nail us," groaned Patrick Dorinson, spokesman for Cal-ISO. "What do they want us to do, hold off or go forward? We need some guidance at this point."

Terry Winter, chief executive of Cal-ISO responded to the Oversight Board's letter and also asked the Public Utilities Commission to provide by noon yesterday the specific megawatts amount of new, low-cost peaking capacity the PUC can "assure" will be available on June 1, 2001.

"We have an emergency," Winter said. "To do nothing to finalize contracts for added capacity in the immediate future increases the likelihood of blackouts next summer."

There was no information available this morning on the results of Cal-ISO's emergency meeting. It is safe to assume that misgivings were expressed about California's regulatory structure. In the past few days, the ISO has been "hammered," to use Dorinson's allusion, by the Oversight Board, the PUC and its own Board of Governors. A fourth state agency, the California Energy Commission, will get into the act when real estate is selected for the new peaking units.

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