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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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SRP Announces New Pediment Battery Energy Storage System Online in Arizona

LCG, June 17, 2026--Salt River Project (SRP) and Aypa Power, a Blackstone portfolio company, yesterday announced that Pediment Battery Energy Storage System (BESS), a 250-MW / 1,000-MWh project, is now online and serving customers. Pediment, located in the Elliot Road Technology Corridor in Mesa, Arizona, brings new storage capacity to the rapidly growing Phoenix metropolitan area.

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Industry News

Federal Court Says SCE Plan Unlawful

LCG, September 24, 2002-Yesterday, a federal court found that an agreement between the CPUC and Southern California Edison (SCE) violated state law.

The California Public Utilities Commission and SCE have been working together since the California energy crisis in order to prevent the utility from falling into bankruptcy. Last year the two came to a settlement, which was approved in October by a federal district judge. The utility was given permission to use $3.3 billion in overcollections to offset its debts.

The U.S. Court of Appeals for the Ninth Circuit ruled on Monday that the agreement between the regulator and the utility was unlawful.

The Utility Reform Group brought the settlement into question on behalf of consumers, and the case will be heard by the California Supreme Court some months from now.

SCE has stated that its bankruptcy fears have been somewhat assuaged and reportedly has only $1.1 billion remaining to collect from ratepayers.

California's utilities suffered financial difficulty during the energy crisis of 2000/2001 because of discrepancies between the price of wholesale power and the allowed retail price. While Northern Californian utility PG&E declared bankruptcy, Southern California Edison managed to avoid this measure and is currently solvent.

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