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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

BPA Sees Difficulty In Escaping Enron Contract

LCG, Feb. 11, 2002--A multiyear power purchase contract the Bonneville Power Administration signed with Enron could be broken off, but only at a high price.

The contract is for delivery of 320 megawatts through 2006, at an average cost of about $50 per megawatt-hour. The BPA is paying a premium of above $20 per megawatt-hour over current market prices. A spokesman for the BPA, Ed Mosey, told the Seattle Times, "we continue to look at our options, but just because a company files bankruptcy doesn't mean that you can walk away from your agreements."

The purchases by BPA were initiated between fall 2000 and spring 2001, and based on the high wholesale power prices of that period, BPA's rates increased 46 percent in October. Both the Snohomish County Public Utility District and Palo Alto, Calif., canceled contracts with Enron by invoking escape clauses relating to Enron's credit rating. Both are awaiting legal challenges in bankruptcy court, as Enron creditors look for assets still retained by Enron.

A standard Western Systems Power Pool contract formed the basis of BPA's purchases from Enron, and as such an escape clause similar to those invoked by Snohomish County PUD and Palo Alto was not included. The BPA could make a substantial payment in order to exit the contract.
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