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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

Duke Reports 23 Round-Trip Trades

LCG, July 16, 2002-Today Duke Energy Corp. acknowledged that it made 23 round-trip electricity trades.

The round-trip trades, which involve selling and then buying electricity at one price to and from the same company for the purpose of boosting trading volume, comprise some $126 million worth of trades on the Intercontinental Exchange, which is one of the world's largest electronic exchanges.

This admission came after the U.S. Securities and Exchange Commission informally requested trading information and the Commodity Futures Trading Commission subpoenaed the company.

While most of Duke's revenue is derived from utilities and gas transmission, and the company still retains a high investment-grade credit rating, one Duke manager was put on leave recently, a move apparently related to the current investigation.

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