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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

Consumer Rights Advocates File Suit for Lower Rates in Texas

LCG, March 11, 2002-In Travis county, Texas, a consumer advocacy agency has filed a suit against the Texas Utility Panel, asserting that rates have been artificially inflated.

The Texas Public Utility Commission insists that all legal guidelines have been followed regarding electricity prices, and power companies say rates are fair. However, regulators promised a 6 percent rate reduction when deregulation began in 1999, and consumers have experienced a 3.6 percent increase in their rates instead. Lawsuits filed on Wednesday address this and an extra fee charged by the Texas Utilities Panel(TXU) and West Texas Utilities Company.

Apparently, unrealistic maintenance and scheduling costs had been included in this extra fee. Agency member for the counsel Clarence Johnson demonstrated this excessive charge by explaining that the scheduling fees alone would require 20 people working at $200 per hour for 2,000 hours.

Although consumer groups believe that rates have been increased due to deregulation, the TXU still insists upon the fairness of the benchmark rate decided upon by the state.

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