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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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PG&E Awarded First Civil Nuclear Credit from DOE to Support Diablo Canyon Nuclear Power Plant

LCG, August 14, 2026--The U.S. Department of Energy (DOE) announced today that it has awarded Pacific Gas and Electric (PG&E) $271 million to help support the extended operations of the company's nuclear power facility, Diablo Canyon Power Plant, which is located near Avila Beach, California. The federal Civil Nuclear Credit Program (CNCP) funding will allow the 2,240-MW nuclear facility, which supplies nearly ten percent of the electricity consumed by the state's population, to continue to safely generate secure, carbon-free, baseload power to customers. The U.S. Nuclear Regulatory Commission (NRC) approved 20-year license extensions on Diablo Canyon’s two reactors last April.

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Industry News

New Hampshire Electric Rates Hinge on PSNH Bonds

LCG, March 22, 2001If Public Service Co. of New Hampshire is unable to market between $500 million and $550 million in securitized debt by the end of this month, its electric rates will automatically increased by 5 percent on April 1.

The bond issue is one of three securitized debt issues PSNH and other Northeast Utilities subsidiaries plan to issue over the next month and a half, raising a total of around $2.1 billion. As of Tuesday, PSNH said credit ratings on its issue would not be available in time for a sale this month.

Gary Long, president of PSNH, told the New Hampshire legislature that its bond issue would probably be delayed until mid-April. He pointed out that this would allow a 10 percent rate decrease on May 1, adding that if the 5 percent increase took effect on April 1 the total reduction on May 1 would be 15 percent.

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