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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

New York Faces California-like Power Crunch

LCG, March 15, 2001--The New York Independent System Operator said yesterday that 8,600 megawatts of new power plant capacity must be constructed in the Empire State by 2005 or the state will face the same kinds of problems that have disrupted California's electricity industry.

The new generation would be a 25 percent increase over what currently exists, and about half of it would need to be built in the New York City area. Without the new generation, New Yorkers will face higher power prices and the possibility of blackouts.

"We really are at a crossroads with respect to reliability of the system and the viability of the wholesale market," said William Muesler, New York ISO chief executive. From 1995 to 2000, statewide demand rose by 2,700 megawatts, while less than 1,000 megawatts of new generation was added.

Like California, New York imports much of its power from neighboring states, and that resource is dwindling as those states experience growth. Also, between a third and half of the power consumed in New York is purchased on the spot market through its daily or day-ahead auctions. That's not as bad as California, where the electric restructuring law required all power to be bought and sold on the spot market, but it exposes New York to the effects of short-term supply and demand.

A spokesman for Consolidated Edison Co. of New York said the company agrees with the ISO's assessment. "Supplies are tight. We're hoping we'll be okay this summer, but we're in trouble next summer if nothing gets built."

A program to build 10 small combustion turbine plants in New York City is meeting with neighborhood opposition.

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