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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

PSEG to Close Two Coal Plants in New Jersey

LCG, October 6, 2016--PSEG announced yesterday that it will retire the Hudson Generation Station in Jersey City and the Mercer Generation Station in Hamilton Township on June 1, 2017. Hudson was opened in 1968 and has an electric generating capacity of 620 MW. Mercer was opened in 1960 and has a capacity of 632 MW. PSEG is evaluating all options for future use of the sites.

The president and chief operating officer of PSEG Power stated, "The sustained low prices of natural gas have put economic pressure on these plants for some time. In that context, we could not justify the significant investment required to upgrade these plants to meet the new reliability standards. The plants have been infrequently called on to run and neither plant cleared the last two PJM capacity auctions. The plants' capacity payments have been critical to their profitability and PSEG's ability to continue to invest in modernizing them."

PSEG currently is investing over $600 million in a new state-of-the-art combined-cycled gas plant in Sewaren, New Jersey (Sewaren 7) that is scheduled to be operational in 2018. Additional new combined-cycle plants in planned in Connecticut (Bridgeport Harbor 5) and Maryland (Keys Energy Center).
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