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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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Constellation Files License Renewal Applications with the NRC for Two New York Units

LCG, June 29, 2026--Constellation announced on June 26 that it has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend for 20 years the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation stated that it's decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State's renewal of its Zero Emissions Credit (ZEC) program is working as intended. Furthermore, Constellation stated that maintaining its nuclear fleet is estimated to save New Yorkers $50 billion and sustain reliable emissions-free generation resources to serve increasing electricity demands.

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Industry News

Rate Cap Would Kill Us, Puget Sound Energy Says

LCG, Jan. 30, 2001--Puget Sound Energy, the utility subsidiary of Puget Energy Inc. of Washington State, said yesterday that a proposal by state regulators to cap electric rates for some large industrial customers would jeopardize its ability to pay for power and natural gas for all of its customers.

Richard L. Hawley, the utility's chief financial officer, yesterday told a hearing of the Washington Utilities and Transportation Commission "This (proposed) rate cap puts in jeopardy PSE's ability to meet its financial obligations and, consequently, its public service obligation to customers."

Hawley called the proposed rate cap a "subsidy to industrial customers" and said it, added to a tightening of credit resulting from the problems of California utilities, "would result in PSE simply not having access to the money it needs to continue to provide services."

Hawley pointed out that "California has been a textbook example of what happens when a utility's financial health is ruined.Service to customers is threatened because loss of utility credit ratings makes it impossible to findmoney to pay for the energy required to keep the lights on and homes warm."

Puget Sound Energy said it had offered the commission an alternative proposal that would let its big industrial customers individually negotiate with power suppliers over the price of their electricity and the length of a supply contract. The utility would facilitate the agreement and deliver the power.

"This is the solution that should be acted upon," Hawley told the regulators.

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