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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

Dynegy Gets Out of Trading Business as President Steps Down

LCG, October 17, 2002-Dynegy's president resigned yesterday, as the energy company announced yesterday that it will cut 1,000 jobs and drop energy trading entirely.

President and Chief Operating Officer Steve Bergstrom resigned yesterday after occupying the position for less than a year. He replaced Chuck Watson earlier this year.

Dynegy initially intended to find a creditworthy partner in order to resume energy trading. The company found no such partner and decided to exit the trading business entirely, a move that will decrease the company's collateral requirement and therefore ease its financial restrictions. Dynegy will instead concentrate its business on energy assets.

Dynegy currently employs 5,500 people and is based in Houston, Texas. The company owns assets throughout North America and Europe and has 19,100 megawatts worth of power plant capacity in the U.S. alone.

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