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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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Duke Energy Submits 2026 Carolinas Resource Plan to Public Service Commission

LCG, August 19, 2026--Duke Energy announced Monday that its 2026 Carolinas Resource Plan was submitted August 14 to the Public Service Commission of South Carolina (PSCSC). The company states that its strategy is designed to maximize the value of existing resource assets while (i) making prudent investments in additional diverse resources needed to serve South Carolina's growing population and economy and (ii) maintaining its focus on delivering safe, reliable and affordable energy. The PSCSC will now evaluate the 2026 Carolinas Resource Plan, hold a hearing in April 2027 and issue an order by June 2027.

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Industry News

EdF Buys UK Distribution, Generation from TXU

LCG, Nov. 19, 2001--Electricit de France made further inroads into the British electricity market today with the 1.31 billion ($1.86 billion U.S.) acquisition of distribution company Eastern Electricity and the 366 million ($520 million) purchase of the 2,000 megawatt West Burton power station.

The seller in both instances was TXU Europe, a unit of U.S. utility holding company TXU Corp.

Bruno Lescoeur, chief executive of EdF's London Electricity, said the deals "are part of our strategy to consolidate our position within the UK market, which is consolidating."

Eastern Electricity's distribution network in East Anglia will be folded into London Electricity and the West Burton station will give EdF something like 7 percent of the British generation market -- still well behind rivals such as Powergen.

Paul Marsh, chief operating officer of TXU Europe, said "We will now focus on continuing our history of outstanding earnings growth by further strengthening our business in the UK market and accelerating our already rapid growth in the rest of Europe."

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