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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's LIPA Delays Decision On KeySpan Generators

LCG, Feb. 27, 2002--New, undisclosed information has caused the New York State-owned Long Island Power Authority to forego making a decision at its regular Feb. 28 meeting on whether to buy power plants on Long Island from KeySpan.

Rather, the Board of Trustees will hold a special meeting on March 12. Under an agreement with KeySpan, which was formed by the merger of Brooklyn Union and Long Island Lighting Co. (LILCO), LIPA would need to purchase all or none of the plants.

Currently, LIPA owns Long Island's transmission and distribution system, which it acquired from the financially distressed LILCO. KeySpan owns Long Island-based natural gas assets in addition to the generating plants valued at about $1.5 billion. The plants have a capacity of about 4,000 megawatts, which can supply approximately four million homes.

If LIPA acquired the plants, it would not have to pay federal income taxes as KeySpan does, which could lower rates. A committee that recommended the purchase found that LIPA would be more likely than KeySpan to sell the plants, which could increase competition. If two-thirds of the Board approves the purchase by the deadline of May 27, the state Public Authorities Control Board would also need to give its approval. That agency tracks debt levels for public benefit corporations, of which LIPA is one.
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