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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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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

Enron, Portland General Cited in FERC Report

LCG, Nov. 25, 2002--Schedules for power generation and transmission submitted by Enron and Portland General Electric were intended to create the illusion of congestion on transmission lines and boost profits for the now bankrupt energy trader and its utility subsidiary, a Federal Energy Regulatory Commission report indicates.

According to the FERC's preliminary findings, Portland General and Enron's transactions were hidden through the use of Avista Corp.'s Avista Utilities as an intermediary. FERC staff found 1,290 instances during April and June 2000 in which Portland General did not properly disclose the nature of its transactions on its website. Portland's traders and transmission schedulers seem "confused and uncertain" as they conducted their transactions, and referred to the nature of some trades as "bogus" and "bizarre," the reported stated.

While power was supposed to be flowing along a north-south transmission path in the West, no power actually was transmitted. Enron was paid for relieving the phantom congestion. Portland General, according to its president and chief executive Peggy Fowler, found "we did not knowingly participate in trading strategies that were deceptive or misleading," based on its review of the documents it submitted to FERC.

The report may affect California's attempt to obtain $8.9 billion worth of refunds for what it says were overcharges for power purchases. The FERC has allowed the state an additional 100 days during which to develop a case for such refunds.
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