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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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DOE Announces New "American Nuclear Supply Chain Loans" to Accelerate Deployment of Large-scale Reactors

LCG, June 23, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced today that it issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. In addition, Westinghouse Electric Company announced today its intention to partner with the EDF on the new loans.

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Industry News

B&W and TVA Purse New Nuclear Reactor Design

LCG, June 11, 2009--The Babcock & Wilcox Company (B&W) announced yesterday its plans to develop a new, scalable nuclear reactor. B&W has notified the Nuclear Regulatory Commission (NRC) that it intends to submit an application for design certification of the B&W mPower reactor in 2011.

B&W received a Letter of Intent from Tennessee Valley Authority (TVA) to start evaluating sites to identify a potential lead plant site. B&W, TVA and a consortium of regional municipal and cooperative utilities executed a Memorandum of Understanding to explore the construction of a fleet of B&W mPower reactors to meet the consortium's need to diversify its power generation assets.

The mPower reactor design is a passively safe Advanced Light Water Reactor (ALWR) that includes an underground containment design to accommodate storage of used fuel for the planned 60-year life of the reactor. The design is scalable in power increments of 125 MW and provides for a five-year operating cycle without refueling.

B&W create a new business unit, B&W Modular Nuclear Energy, LLC, to lead the development of mPower reactor projects. The reactor will be manufactured at existing B&W facilities in North America.
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