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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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Holtec, Entergy and Hyundai E&C Announce MOA to Analyze Potential SMR-300 Projects in Gulf South

LCG, August 5, 2026-- Holtec International, Entergy Services, LLC, and Hyundai Engineering & Construction Co., Ltd. (HDEC) yesterday announced their strategic collaboration to evaluate opportunities to advance the potential deployment of Holtec’s SMR-300 advanced small modular reactor (SMR) and supply carbon-free, reliable, base-load power to meet the increasing electricity demands of large-load industrial facilities, advanced manufacturing, and AI-driven data centers throughout the U.S. Gulf South.

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Industry News

Class Action Seeks Refunds from California Power Firms

LCG, Nov. 30, 2000--A class action suit, filed yesterday in San Diego Superior Court, claims that a baker's dozen electricity companies violated antitrust and consumer protection laws by manipulating prices in California's electric power market.

The suit, filed on behalf of San Diego Gas & Electric Co. customers, seeks class action status on behalf of all residential and business customers in California. If granted, the plaintiff lawyers would have a much larger pool of potential litigants to draw upon.

As filed, the suit seeks to recover initially at least $1 billion in alleged overpayments to SDG&E, a subsidiary of Sempra Energy Inc.

Lead lawyer in the suit is Leonard Simon, a veteran of class-action antitrust cases, who helped win a $1 billion settlement three years ago from Wall Street firms accused of inflating Nasdaq stock prices. Also involved is Michael Aguirre, who said court action is necessary because federal and state regulators have bungled the job.

In the lawyers' eyes, the Federal Energy Regulatory Commission bungled the job when its chairman, James Hoecker, said his agency lacked authority to order refunds.

Yesterday, Simon said he was confident he would be able to unearth evidence of collusion because he and his fellow class-action litigators are willing to take the time to dig deeper than bureaucrats. "It's going to take years," he said.

Mark Palmer, a spokesman for Enron Corp., a defendant in the case, said the lawsuit was without merit. "Three separate independent government regulatory agencies have investigated these allegations (of collusion) and found none to be true," he said.

Defendants named in the suit include: Duke Energy Trading and Marketing, a unit of Duke Energy Corp.; Dynegy Power Marketing Inc.; Enron Energy Services; Enron Power Marketing Inc.; Morgan Stanley Capital Group; NRG Energy Inc.; PG&E Energy Trading, a unit of PG&E Corp.; Reliant Energy Services, a unit of Reliant Energy Inc.; Sempra Energy Trading and Sempra Energy Resources, units of Sempra Energy Inc.; Southern Company Energy Marketing; Williams Energy Marketing and Trading; and Williams Energy Services Co.

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