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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

Residential Rate Freeze for Illinois Could Be Extended

LCG, Apr. 12, 2002--A freeze on Illinois residential electric rates now scheduled to expire in 2004 could be extended to 2006, under an amendment to an energy bill now circulating in the Illinois House.

Rep. Phil Novak (D-Bradley) proposed the amendment in order for utilities and consumers to create a business environment that is better able to offer consumer choice. So far, no new companies have registered to supply residents, although any that do will be able to supply residents next month.

Novak said, "we're four years and four months into this new law, and not much of a market has developed in order to provide our residential customers some safety and security and protect them from any volatile price hikes." He said the freeze would allow lawmakers room to "remove impediments to a wholesale market."

A ComEd spokesman, Jon Hatfield, said, "the issue for us is, will we be able to make the numbers work so we can manage that risk." ComEd and Illinois Power would assume all risk of rising wholesale prices if a rate freeze were to be extended under the amendment.
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