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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

New York Approves Niagara Mohawk Rate Hike

LCG, Aug. 31, 2001--The New York State Public Service Commission has approved a request by New York utility Niagara Mohawk Power Corp. to increase electricity rates, reflecting the higher cost of producing power.

The rate hike, commonly called a "fuel cost adjustment," will hit householders with a 7.9 percent increase beginning September 1. Overall, the increase will average 4.9 percent for all classes of customers.

The new rates will remain in effect for two years unless fuel costs happen to unexpectedly drop over the next two years, in which case there would be a downward adjustment in rates.

"While none of us wants rate increases, it is important to understand what is driving the increases -- prices of fuel used to generate electricity," Niagara Mohawk Chairman Maureen Helmer said. "What we don't want to happen is for the real price of electricity to go unrecognized, risking the credit worthiness of utilities -- as happened in California -- and driving electricity prices for consumers even higher."

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