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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

CPUC Won't Deal with Bond Issue Today

LCG, Sept. 20, 2001--The California Public Utilities Commission was scheduled to act today on eliminating the electricity customer's option to choose his own supplier but said it would not deal with the way the state's Department of Water Resources services and repays debt incurred by the pending $12.5 billion bond issue.

Tabling the bond issue deliberations further imperils the state's ability to bring the issue to market by October 31, a deadline set by state Treasurer Phil Angelides.

CPUC Commissioner Jeff Brown said at a news conference yesterday that it could take up to 45 days to decide on the water agency's "revenue requirement," the amount of money the CDWR would need to take off the top of electric customer payments to pay interest and principal on the bonds.

Also interested in the water agency's revenue requirement is bankrupt utility Pacific Gas & Electric Co., which has vowed to go to court if it feels that its customers are asked to bear a disproportionately large share of the bond debt.

Angelides has said that a long, drawn-out lawsuit could torpedo the bond issue, which is needed to repay the state's general fund for $11 billion on power already purchased and used and another $43 billion in long-term power purchase contracts that extend over -- and perhaps beyond -- the next decade.

Today, the CPUC is expected to reverse a provision of the California electric deregulation law that allows customers to purchase power from non-utility suppliers. State officials fear that keeping customer choice offers industrial customers a way to buy power from new suppliers and dodge paying for the emergency power supplies already purchased by the water agency.

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