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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

Impact of PG&E Rate Hikes Bearable

LCG, June 7, 2002--Higher Pacific Gas & Electric retail electric power rates have been in place for just over a year, and after decreases in consumption, the average monthly increase for households is $8, bringing the average bill to $63 for power and gas.

The higher rates are used partially to pay the state of California for its purchases of power through long-term contracts, which started out with a price tag of $40 billion over ten years. The contracts have been roundly criticized as being unjustly priced, even by Gov. Gray Davis, who signed them. Nonetheless, most consumers have borne and paid for the increases because they can afford it. A San Jose resident, Sidney Campbell, was quoted in the San Jose Mercury News, and compared his current bill with the bills he paid two winters ago, when natural gas prices were up 150 percent. "It's still higher. But it's not a big dent. I'd have a hard time standing up and screaming in a public place that somebody's killing us with shenanigans," he said.

Businesses have felt more significant increases, from an extra 34 to 50 percent above their previous rates. Bill Ahern of Consumers Union said, "Businesses got absolutely hammered." Ahern is one of a number of advocates of lowering rates, now that wholesale power prices have come down significantly. PG&E's costs are lower than they had been around the crisis of 2001, before federal price caps.
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