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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

Connecticut Representatives Want Delay of SMD

LCG, Feb. 26, 2003--The Federal Energy Regulatory Commission has sought to block a petition brought by Connecticut Attorney General Richard Blumenthal that requests a stay of implementation of the agency's Standard Market Design (SMD).

Both U.S. Senators and nearly all House Representatives from Connecticut, which suffers from significant local transmission congestion, have also requested a study of the impacts of having customers in congested areas pay for more of the cost of transmission infrastructure improvements that benefit them. Until such a study has been done, Democratic Sens. Christopher Dodd and Joseph Lieberman would like FERC to wait to begin Standard Market Design. FERC is now due to complete a report on likely effects in April, but has plans to begin SMD in Connecticut this Saturday.

FERC believes that locational marginal pricing will encourage investment in areas where it is most needed, by setting up eight zones through New England, each of which will have its own power price. The lowest prices should occur in zones with the most adequate transmission network. The additional costs the Connecticut Department of Public Utility Control has projected for Connecticut, and which were obtained from FERC documents by the Connecticut Post, range from $125 million to $375 million per year.

The New England Independent System Operator is basing implementation of SMD on FERC orders, and its leadership believes the rules will address outstanding transmission problems. The FERC hopes not to have to delay SMD while it completes a review of the contents of the attorney general's petition, and filed its motion for dismissal with the U.S Court of Appeals for the District of Columbia circuit.
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