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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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PG&E Awarded First Civil Nuclear Credit from DOE to Support Diablo Canyon Nuclear Power Plant

LCG, August 14, 2026--The U.S. Department of Energy (DOE) announced today that it has awarded Pacific Gas and Electric (PG&E) $271 million to help support the extended operations of the company's nuclear power facility, Diablo Canyon Power Plant, which is located near Avila Beach, California. The federal Civil Nuclear Credit Program (CNCP) funding will allow the 2,240-MW nuclear facility, which supplies nearly ten percent of the electricity consumed by the state's population, to continue to safely generate secure, carbon-free, baseload power to customers. The U.S. Nuclear Regulatory Commission (NRC) approved 20-year license extensions on Diablo Canyon’s two reactors last April.

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Industry News

Nevada Power Files for Lower Rates

LCG, Nov. 14, 2002--Projections of continued low wholesale power prices have led Nevada Power to file for a 5.3 percent decrease in rates with the Nevada Public Utilities Commission.

The rate filing also includes costs for expensive power previously purchased on the spot market during the Western energy crisis, but not fully paid for by Nevada Power. The chairman and chief executive of Sierra Pacific Resources, the parent company of Nevada Power, Walt Higgins, said that he believes that with the current supply situation, this would be a good time for the utility to sign long-term contracts, in order to minimize future rate volatility.

The Southern Nevada Water Authority, which has offered to buy Nevada Power, has indicated that if it can acquire the electric utility, it would be able to lower rates by over 20 percent, based on a superior credit rating and lower borrowing costs.

Based on Nevada Power's filing, the change in a household bill for 1,250 kWh would amount to a decrease of about $6.39, bringing the total to $109.69, according to the company. Possible offsets to a decrease could come if a $229 million lawsuit brought by an Enron subsidiary over energy contracts which were canceled by Nevada Power is successful.
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