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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

California Approves New Energy Storage Legislation

LCG, October 1, 2010--California Governor Arnold Schwarzenegger yesterday approved Assembly Bill 2514, which is designed to set targets for electric utilities to procure viable and cost-effective energy storage systems.

The new law requires the California Public Utilities Commission (CPUC) to initiate a proceeding to determine appropriate targets for each load-serving entity to procure energy storage systems by March 1, 2012, and to adopt such targets by October 1, 2013. Targets would be set for December 31, 2015 and December 31, 2020.

With respect to publicly owned electric utilities, the bill would require the governing board of a utility to open a proceeding to determine appropriate targets by March 1, 2012 and adopt targets by October 1, 2014. Designated targets would then be set for December 31, 2016 and December 31, 2021.

The California Legislature found that energy storage systems will help in integrating increased amounts of renewable energy resources into the electrical transmission and distribution grid in a manner that minimizes emissions of greenhouse gases (GHGs). Furthermore, the Legislature found that new energy storage systems could avoid or defer (i) the need for new fossil fuel-powered peaking facilities or (ii) distribution and transmission system upgrades and expansion of the grid.

An earlier version of the bill required the large, investor-owned utilities (IOUs) to have energy storage systems that could provide a minimum of 2.25 percent of average peak electrical demand by 2015, with the percentage rising to 5.0 in 2020.
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