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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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Constellation Files License Renewal Applications with the NRC for Two New York Units

LCG, June 29, 2026--Constellation announced on June 26 that it has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend for 20 years the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation stated that it's decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State's renewal of its Zero Emissions Credit (ZEC) program is working as intended. Furthermore, Constellation stated that maintaining its nuclear fleet is estimated to save New Yorkers $50 billion and sustain reliable emissions-free generation resources to serve increasing electricity demands.

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Industry News

ISO Board Drops Spot Market Price Cap to $250

LCG, Aug. 2, 2000--In a rancorous meeting marked by accusations of price gouging by electricity generators and poor forward planning by utilities, the oversight board of the California Independent System Operator yesterday voted to lower the price cap on power sold in the spot wholesale electricity market from $500 to $250 per megawatt-hour.

The lower price takes effect next Monday.

The limit had been reduced from $750 to $500 only weeks ago, in response to high prices being passed through to customers of San Diego Gas & Electric Co., which no longer operates under the price freeze imposed by the California electric restructuring law.

Yesterday was the third time the oversight board had considered dropping the price cap to $250. On two previous occasions the board, after long meetings, sided with power producers who said that artificially low power prices would discourage development of new power plants in the state.

In news reported yesterday Duke Energy Corp., a North Carolina company that operates power plants in California, said it would provide state utilities with wholesale power at $50 per megawatt-hour under long-term contracts, if the law permitted it to do so.

Californias three big utilities are prevented from entering into such contracts by the electric deregulation law, which mandates that they buy all of their power through the California Power Exchange, a sister organization to Cal-ISO.

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