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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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DOE Announces New "American Nuclear Supply Chain Loans" to Accelerate Deployment of Large-scale Reactors

LCG, June 23, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced today that it issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. In addition, Westinghouse Electric Company announced today its intention to partner with the EDF on the new loans.

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Industry News

Ontario Competition Could Be Slowed by Credit Fears

LCG, Feb. 27, 2002--Although a competitive power market is due to begin in Ontario on May 1, acquisitions of Ontario Power Generation's power-producing assets have been slow enough that the spin-off of utility Ontario Hydro still owns 80 percent of the province's generating assets.

Ontario Power's management attributes the slow pace of divestiture to banks' Enron-inspired fear of utility credit problems. Ron Robinson, vice-president of portfolio management at OPG said, "they don't have the money to come in and invest. Not only are they withdrawing their interest, they're going home to take care of their balance sheets."

The provincial transition plan for full competition requires that within ten years, no more than 35 percent of Ontario electric output should come from OPG. The single major competition-related development in the province to date has involved Bruce Power, a partnership of British Energy Plc and Cameco Corp., a Canadian uranium supplier. Bruce Power's nuclear assets, which it is leasing from OPG until 2018, produce 17 percent of the province's electric power needs.

Some heavy industrial users have voiced concern that unless divestiture accelerates, power prices could increase. Lauri Gregg, of Falconbridge Ltd., the third-largest nickel producer in the world, said, "the faster we get competition the faster we get efficiency in the market." Gregg mentioned that Falconbridge had urged a five-year timetable instead.
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