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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

Lack of Financing Delays 1,050-Megawatt Redlands, California Expansion

LCG, Apr. 5, 2002--Construction in progress on the Mountainview Power Plant in Redlands, Calif., has been stopped while AES Corp. seeks new sources of financing or a potential buyer for the project.

A company spokesman said that California's recent problems and Enron's collapse have contributed to difficulties in obtaining financing. The state Public Utilities Commission's spokesman Chris Davis said, "we were counting on it for the summer of '03." Davis thinks that as long as other projects proceed according to schedule, the delay at Mountainview, planned at 1,050 megawatts, should not have a major impact on the state.

Layoffs are expected to affect 400 workers who had been employed at the site, according to contractor Bechtel Corp.

Glen Davis, a senior vice president of AES Pacific, said of the financial community, "they are reluctant to fund new power generators and want to see how the California situation is played out. It's a combination of a volatile market and changes in rules by government."
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