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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

PG&E Pursues New Power Supplies

LCG, November 4, 2004--Yesterday Pacific Gas and Electric Company (PG&E) issued two Requests for Offers (RFOs) for long-term power supply contracts that total 2,200 MW of power, with about 1,200 MW to be available by 2008 and the remainder by 2010.

The RFO follows PG&E's long-term resource plan that was filed with the California Public Utilities Commission (CPUC) in July 2004. In the resource plan, PG&E proposed a 50/50 mix of utility-owned generating facilities and wholesale generator contracts. The RFO criteria for utility-owned generation includes all fuel types and technologies for new, dispatchable facilities with a capacity of at least 25 MW. Similarly, the RFO criteria for long-term contracts is for peaking capacity of at least 25 MW. With respect to renewable energy supplies, a process is already underway at PG&E for additional intermediate and long-term contracts.

PG&E expects the CPUC to issue a final decision on the long-term resource plan by the end of the year. The initial responses to the RFOs are due January 14, 2005, and PG&E plans to submit the executed contracts to the CPUC in June 2005.

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