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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

California PUC Rules Against PG&E Rate Proposal

LCG, Apr. 5, 2002--A ruling by the California Public Utilities Commission on Thursday will allow utilities Pacific Gas & Electric to realize cost-of-service rates for power supplied to customers from its nuclear and hydroelectric plants and numerous long-term contracts, well below rates that had been suggested by PG&E as part of its bankruptcy restructuring proposal.

The overall amount expected to be collected from Pacific Gas & Electric customers this year is $2.9 billion, while San Diego Gas & Electric will recover approximately $466 million. Paul Clanon, who heads the PUC's energy division, noted that Pacific Gas & Electric would have received $716 million more under its proposal for emerging from bankruptcy. The average cost of PG&E-supplied energy according to Thursday's ruling will be $2.8 cents per kilowatt-hour, whereas PG&E's proposal called for charges of 5 cents per kilowatt-hour over 12 years, to be followed by market-based prices.

In the opinion of Nettie Hoge, head of The Utility Reform Network, "it just highlights exactly for us why 'cost of service' is more beneficial, and how absolutely rapacious the PG&E bankruptcy plan is." PG&E said it would need more time to consider the full impact of the ruling, but PG&E spokesman John Nelson told the Sacramento Bee that the decision was "part of the piecemeal approach to rate-making that the commission has been taking -- or talking about -- for the last year."

PG&E will have further chances to submit market-based rate proposals for future years.
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