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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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Duke Energy Submits 2026 Carolinas Resource Plan to Public Service Commission

LCG, August 19, 2026--Duke Energy announced Monday that its 2026 Carolinas Resource Plan was submitted August 14 to the Public Service Commission of South Carolina (PSCSC). The company states that its strategy is designed to maximize the value of existing resource assets while (i) making prudent investments in additional diverse resources needed to serve South Carolina's growing population and economy and (ii) maintaining its focus on delivering safe, reliable and affordable energy. The PSCSC will now evaluate the 2026 Carolinas Resource Plan, hold a hearing in April 2027 and issue an order by June 2027.

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Industry News

PG&E Gets 4-Month Recovery Plan Extension

LCG, July 24, 2001The U.S. Bankruptcy Court in San Francisco yesterday granted Pacific Gas & Electric Co. a four-month extension to file a Chapter 11 recovery plan without interference from creditors groups.

Companies that have filed for protection from creditors under Chapter 11 have the sole right to offer a recovery plan for the first 120 days after filing for bankruptcy, a period that would have expired for PG&E on August 6. If bankruptcy Judge Dennis Montali had not granted the extension, creditors, shareholders and others could have presented their own plans.

PG&E officials said when they asked for the extension on July 3 that the additional time was warranted because of the complexity of the case. The utility's bankruptcy is believed to be one of the largest ever.

"We want to make sure we develop a plan of reorganization that will reaffirm the company's financial health and that is in the best interests of the creditors and all parties," said PG&E spokesman Ron Low.

A committee representing unsecured creditors said in court papers that it "firmly believes that all parties in interest should move quickly and provide assurance that any filed plan will pay creditors in full and remedy PG&E's various issues and problems."

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