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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

NRC Asked to Extend Licenses for Peach Bottom Nukes

LCG, July 3, 2001Exelon Corp. said yesterday its Exelon Nuclear subsidiary had filed applications with the Nuclear Regulatory Commission asking that the operating licenses of Units 2 and 3 of the Peach Bottom Atomic Power Station near Lancaster, Pa. be extended for 20 years.

"A 20-year extension in Peach Bottom's operating license is an investment in 2,200 megawatts of clean, emission-free electricity and helps to ensure an economical and reliable source of power for southeastern Pennsylvania for years to come," said Oliver D. Kingsley, president of Exelon Nuclear.

Exelon said its license renewal team has reviewed more than 100 systems and inspected more than 40,000 items of plant equipment to determine that the two reactors will be able to continue operation without risk to public safety or health. In a nutshell, the company said the plants are better than new because of stringent maintenance requirements and continued improvement in operations.

Last year, the Peach Bottom plant generated the most electricity in its 25-year history, Exelon said.

Exelon pointed out that the license renewal will cost about $18 million for both reactors, or around $8 per kilowatt of capacity. By comparison, building a new natural gas-fueled power plant can cost anywhere from $500 to $1,000 per kilowatt of capacity, the company said.

Exelon and Public Service Enterprise Group Inc. each have a 46.25 percent ownership interest in Peach Bottom, with Conectiv Inc. owning the 7.5 percent balance.

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