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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

State Commission Approves Construction of AEP's IGCC Plant in West Virginia

LCG, March 7, 2007--The West Virginia Public Service Commission issued an order yesterday granting the application of Appalachian Power Company (APCO) for a Certificate of Public Convenience and Necessity (CPCN) to construct and operate a 629 MW Integrated Gasification Combined Cycle (IGCC) electric generating unit adjacent to its Mountaineer Generating Station in Mason County, West Virginia. APCO is a subsidiary of American Electric Power (AEP).

The IGCC process converts coal into a synthesis gas to fuel a combustion turbine generator. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time.

In 2005 AEP signed an agreement with GE Energy and Bechtel Corporation to develop the engineering and design process for a coal-fired, power plant using an IGCC design. (GE Energy purchased the ChevronTexaco gasification technology business, whose technology has been applied to a number of IGCC power plants.)

The order includes a condition that requires APCO to file a revised project cost estimate no later than January 1, 2009. When the IGCC Project cost has been fine tuned under the GE/Bechtel contract, if the revised cost exceeds the $2.23 billion estimate in the Application, APCo is required to file for an amendment to the Certificate advising the Commission of the higher contract price prior to proceeding.

The Commission's order also includes a requirement that APCO must file an affidavit evidencing its commitment to use coal produced in West Virginia for no less than 75 percent of the fuel requirements of the plant within ten days of the date of the order.



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