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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

ERCOT Ready for Texas Dereg on New Year's Day

LCG, Dec. 7, 2001--With the Public Utilities Commission of Texas set to give the final green light for retail electric competition in the Lone Star State, the state's independent system operator says it is ready for the January 1 opening of the electric market.

The Electric Reliability Council of Texas, one of ten regional councils of the north American Electric Reliability Council, is the ISO for the state, and will manage its transmission system under deregulation.

"Fundamentally, I think it (is) clear to everyone that the system is ready to go forward," Tom Noel, ERCOT chief executive, said. "Unless we have a major hiccup, we expect to be in full retail choice operations on January 1, 2002."

Final go-ahead for the program could come today at the PUCT's Friday meeting, or early next week. At today's meeting, the commission is expected to set a base price for Texas' local utilities to charge customers.

Local utilities would not be allowed to sell power below the base price, which would be the price that alternative suppliers would have to beat to induce customers to switch. The base price will remain in effect for three years or until a utility loses 40 percent of its customers to competition.

"This is intended to set a bright line against which new competitors can compete," Noel said.

Noel expects none of the problems that afflicted California's attempt to deregulate its electric industry. "We've been working hard on this for seven years. California worked on it only two. And we've had a retail pilot program in place for the past seven months, which gave us a chance to work out the bugs," he said.

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