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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

CA Energy Bill Might Allow Direct Access to Continue

LCG, May 20, 2003--A bill that is circulating in the California state senate, and that would end many features of state deregulation, could also extend the ability of large enegy consumers to sign power-purchase conracts with suppliers, rather than being assigned to a utility.

Sen. Joe Dunn, D-Santa Ana, has been in favor of reversing deregulation. He said, "We have always been willing to discuss continuing some form of direct access. It must be done so that long-term planning is possible for utilities and there is no cost-shifting. Right now, small and residential customers are subsidizing large users on direct access."

Wholesale power trading could effectively be reduced by giving utilities the ability they previously had, to build power plants. SB 888, the bill being amended, would not allow market-based rates to be charged for such generation sources. Rather, long-term contracts would be the primary method of selling the plants' output.

Doug Heller, of the consumer group Foundation for Taxpayer and Consumer Rights, told Dow Jones Newswires that whoever was not able to participate in direct access would be hurt due to the major utilities having sold the plants that are less expensive to operate when they were forced to divest, but kept more expensive ones.
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