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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

Davis' Push Against Power Contracts Likely to Be Slow Going

LCG, Feb. 26, 2002--After the California Public Utilities Commission filed a formal complaint with the Federal Energy Regulatory Commission yesterday concerning long-term power contracts California entered last year, observers said the federal agency's response would be slow at best.

Gov. Davis had spoken with reporters about his optimism that FERC would overrule power suppliers, saying "they understand their job, which is to get in and fix marketplaces." The filing asserted that California is paying $14 billion to $21 billion more than it should because of temporarily high spot prices experienced during the height of the state's power crisis.

A possible indicator of FERC's receptivity to the filing is that it has not scheduled hearings concerning related filings made by two Nevada utilities in December.

Severin Borenstein of the University of California Energy Institute told the Sacramento Bee, "realistically, it's pretty unlikely that the state will win." Borenstein said that for generators, the idea that they might have to contest the complaint for two years could lead them to consider compromising with the state on the contracts.

The FERC rarely receives filings such as California's, but ultimately, Borenstein said, the generators would not "just hand money back to the state. That's why it's called a contract." The 32 contracts cited in the filing total $43 billion over roughly the next ten years.
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