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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

Luminant Allowed to Mothball Nearly 1,200 MW of Coal-fired Generation in Texas

LCG, November 1, 2012--The Electric Reliability Council of Texas (ERCOT) approved Luminant's proposal to mothball two coal-fired electric generating units at the Monticello Power Plant, located in northeastern Texas. ERCOT concluded the two units will not be necessary to ensure grid reliability through the upcoming winter and spring.

Luminant will mothball Monticello 1 and 2 commencing on December 1 for six to seven months. The capacity of each unit is 583 MW; Monticello 3, with a capacity of 763 MW, will remain available to produce power. The plant burns lignite, supplemented by Powder River Basin coal.

The units are approaching their 40-year anniversaries; Units 1, 2, and 3 commenced operations in 1974, 1975, and 1978, respectively.

According to Luminant, wholesale power prices are too low to support the costs required to keep the units available and to generate power.

In order to maintain reliable power resources, Texas regulators are taking some action to encourage new generation to be built and/or to defer retirement of existing generation. Last Thursday, the Texas Public Utility Commission voted to increase the price cap on wholesale electricity from $4,500/MWh, starting in June 2013. Initially, the cap will increase to $5,000/MWh, with subsequent annual increases reaching $9,000/MWh on June 1, 2015.
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