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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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PJM Releases New Five-Year Strategy Plan

LCG, August 20, 2026--PJM released its new five-year strategy yesterday, entitled "Shaping a Powerful Change, Working to Perfect the Flow of Energy." The strategy specifies PJM’s mandate to be a mission-driven organization that serves the public interest as a FERC-authorized RTO. PJM's strategy plan outlines the need to meet the demands of accelerating load growth amid constrained capacity and a rapidly evolving industry. The plan states, "We are clear about our priorities: Reliability is our North Star.”

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Industry News

Connecticut Okays Dominion Purchase of Millstone Nukes

LCG, Jan. 24, 2001The Connecticut Department of Public utility Control said this morning it has approved the purchase by Dominion Resources Inc. of the three-unit Millstone nuclear power complex from Northeast Utilities.

The DPUC noted in a news release that the price Dominion would pay for Millstone, almost $1.3 billion, was more than five times higher than the minimum bid of $232 million that was set for the state-ordered auction.

Donald Downes, head of the DPUC, said that the sale will reduce the stranded costs of Northeast subsidiary Connecticut Light & Power Co. by about "half the original $3.5 billion amount." The DPUC news release said that the sale should result in savings of more than $500 million to Connecticut ratepayers.

"The department is pleased to be able to approve this sale because of the fine record of Dominion'soperations, a record sale price for nuclear plants and a financial win for the consumer," Downes said.

This morning, the Federal Energy Regulatory Commission also gave its approval to the sale.

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