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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 and EDP Renewables Announce Completion of 800 MWh Flatland Energy Storage Project in Arizona

LCG, June 9, 2026--EDP Renewables North America LLC (EDPR NA) and Salt River Project (SRP), a not for-profit public power utility serving central Arizona, today announced the completion of the Flatland Energy Storage project, located in Coolidge, Arizona. The new battery energy storage system (BESS) has a generating capacity of 200 MW and can provide 800 MWh of storage capacity to store energy during times of surplus supply and deliver power to customers when needed to meet peak periods of customer demand.

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Industry News

California PUC Rules Against PG&E Rate Proposal

LCG, Apr. 5, 2002--A ruling by the California Public Utilities Commission on Thursday will allow utilities Pacific Gas & Electric to realize cost-of-service rates for power supplied to customers from its nuclear and hydroelectric plants and numerous long-term contracts, well below rates that had been suggested by PG&E as part of its bankruptcy restructuring proposal.

The overall amount expected to be collected from Pacific Gas & Electric customers this year is $2.9 billion, while San Diego Gas & Electric will recover approximately $466 million. Paul Clanon, who heads the PUC's energy division, noted that Pacific Gas & Electric would have received $716 million more under its proposal for emerging from bankruptcy. The average cost of PG&E-supplied energy according to Thursday's ruling will be $2.8 cents per kilowatt-hour, whereas PG&E's proposal called for charges of 5 cents per kilowatt-hour over 12 years, to be followed by market-based prices.

In the opinion of Nettie Hoge, head of The Utility Reform Network, "it just highlights exactly for us why 'cost of service' is more beneficial, and how absolutely rapacious the PG&E bankruptcy plan is." PG&E said it would need more time to consider the full impact of the ruling, but PG&E spokesman John Nelson told the Sacramento Bee that the decision was "part of the piecemeal approach to rate-making that the commission has been taking -- or talking about -- for the last year."

PG&E will have further chances to submit market-based rate proposals for future years.
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