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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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DOE Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

New York and New England ISO's Cease Pursuit of Regional Merger

LCG, Nov. 22, 2002--Talks between ISO New England Inc. (ISO-NE) and the New York ISO (NYISO) will no longer be focused on forming a combined regional transmission organization, according to an announcement issued today by the two organizations.

The grid administrators for the respective regions will continue to use their recent discussions as the basis for minimizing "seams" issues, but feel that with the onset of the Federal Energy Regulatory Commission's standard market design (SMD) approaching, they will be less vulnerable to potential litigation by remaining separate.

"Today, ISO-NE and the NYISO have reluctantly withdrawn their NERTO proposal with FERC. This decision was made after careful consideration of all the comments filed on November 8th," as well as the "change in schedule for issuance of the Standard Market Design (SMD) final rule," said Gordon van Welie, president and CEO of ISO New England Inc. A filing by the two ISO's was made with the FERC on August 28th concerning the creation of a combined regional transmission organization.
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