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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

Texas Commission May Fine Enron Unit $7 Million

LCG, June 4, 2002--The Texas Public Utilities Commission recommends that Enron unit Enron Power Marketing(EPMI) be fined for its hand in electricity market manipulation.

The Texas Commission asserts that EPMI took part in various manipulative measures, such as artificially generated electricity shortages caused by "enormous overscheduling."

Enron must respond to the possibility of a $7 million fine within 30 days.

Other companies under investigation in the Texas electricity market, which saw a major deregulatory step January 1, include American Electric Power, Mirant, Reliant Energy, and TXU.

Texas regulators say that overestimated demand and scheduling mismanagement have led to high prices and $29 million in overpayments.

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