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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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Hanwha Power Announces Successful Commission of 950 MW Trumbull Energy Center in Ohio

LCG, June 26, 2026-- Hanwha Power announced that the commissioning and opening ceremony for the Trumbull Energy Center Combined Cycle Gas Turbine Power Plant (CCGT) was held on Wednesday, marking the successful start-up of the 950 MW facility located in Trumbull County, Ohio. The key project partners, including Korea Southern Power Co., Ltd. (KOSPO), Gemma Power Systems, Siemens Energy, Ohio state government officials, the Korean Consul General, and project financing lenders attended the ceremony.

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Industry News

GPU Reaches Settlement in Pennsylvania

LCG, June 13, 2001GPU Inc. said this morning that it has reached a settlement with the Pennsylvania Office of Consumer Advocate and Citizens for Pennsylvania's Future, a consumers group, that could permit the company to resume sale of commercial paper and clear the way for its merger with First Energy Corp.

The Pennsylvania Public Utility Commission is expected to rule on the settlement tomorrow. If the commission approves the deal, GPU will be allowed to defer charges paid for electricity that are in excess of those it is allowed to charge its customers.

The accounting change will permit GPU to return to the commercial paper market, giving the company renewed access to short-term financing. Possible charges against earnings could be offset by application of some transmission and transition charge revenues against the deferred costs.

Another consumers group, Citizen Power, challenged the deal saying it was a rate increase disguised as an accounting change.

Earlier, a Pennsylvania administrative law judge had proposed a $317 million annual rate increase to pay for the power costs.

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