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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

CPUC Clarifies Power Bond Measures

LCG, September 26, 2002-The California Public Utilities Commission released more information regarding its power revenue plans.

Wednesday, the California Public Utilities Commission publicized proposals to raise revenue in order cover costs to the state for its purchases of electricity and improve its utilities' credit ratings.

A proposed bond measure, previously announced as being $11.9 billion, may be repaid via utility rates, according to the PUC release. A charge of between $0.64 and $1.07 per kilowatt-hour would be added to rates beyond rates applied to Pacific Gas & Electric utility and Southern California Edison customers.

$6.6 billion of the bond revenue will go to the state's general fund, and the bond sale will be held in about 30 days.

The PUC also proposed a $0.04 per kilowatt-hour charge on rates to be put towards current and future electricity purchases, as was levied during the 2000/2001 energy crisis.

A third surcharge proposal involves placing a $0.027 per kilowatt-hour charge on direct access customers, which would be used to repay the California Department of Water Resources procurement costs. The DWR bought power on behalf of the state during the electricity crisis because utilities did not have good enough credit ratings to sign contracts with energy companies.

The last announced PUC proposal relates to employing bill AB 57, which was passed in order to bring about prompt review of contracts and procurement cost recovery.

Opinion on the proposals will be considered over the next 20 days.

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