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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

FERC Extends California Power Talks

LCG, Jan. 5, 2001A Federal Energy Regulatory Commission administrative law judge said yesterday that he would extend into today talks involving California utilities, independent power producers and regulators. The talks are aimed at permitting utilities to enter into long-term contracts for power they deliver to retail electricity customers.

Judge Curtis Wagner said he would convene a third day of talks today, but would not disclose what progress had been made in the first two days of discussions. "We're a lot better off than we were yesterday (Wednesday)," he said.

One of the biggest problems with the deregulated California electric market, FERC found, is a requirement that all wholesale power purchases and sales in the state must be made through the California Power Exchange. At the time the restructuring act was passed in 1996, this seemed like a good idea in that it would provide transparency to the power market.

It turned out, however, that not allowing the utilities to enter into long-term power purchases to cover their native loads resulted in them going into the last-minute "spot" market for their power needs, paying the highest prices in a volatile market.

To make matters worse, the California Independent System Operator published in advance profiles of peak demand power needs. Without the need for collusion, power producers were able to hold back on bidding power into the market until the market was desperate for power. Then they could charge just about any price they wanted.

Judge Wagner was hopeful that from today's discussions he might achieve "an agreement between parties on how to proceed."

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