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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

Con Edison to Cut Power, Gas Distribution Charges

LCG, Nov. 29, 2000--Consolidated Edison Co. of New York said yesterday that it had agreed with state regulators on reductions in electric and natural gas distribution rates and stabilize steam rates. The electric agreement also increases protections for low-income customers, the company said.

The New York State Public Service Commission also gave its approval to Con Edison's pending merger with Northeast Utilities. About half of the merger-related savings that apply to Con Edison's electric customers -- some $18.5 million -- will be returned to those customers.

Under the electric portion of the agreement, the utility will extend its restructuring agreement from 2002 to 2003, adding about $1.5 billion of rate benefits to the $1.1 billion provided for in the 1997 agreement. The typical New York City residential customer will save about $50 per year.

Con Edison's gas customers will get a distribution rate cut that will save the typical residential customer about $90 per year.

"These agreements will provide significant long-term savings to our electric, steam and gascustomers," said Eugene R. McGrath, Con Edison's chairman and chief executive. "The agreements will also provide us with the financial capability to maintain and strengthen our service delivery systems in all of our operations."

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