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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

California to Pay Fine for Ethics Violation

LCG, March 8, 2002-California's Department of Water Resources (DWR) admitted it did not require 52 energy consultants to reveal accounts and will incur a $69,500 fine.

During last year's energy crisis, many DWR staff, hired at the last minute to help the state buy power, neglected to disclose information regarding energy deals, stock holdings and other energy investments. "In some of these instances, we had a delay in notifying the consultant of their obligation to file. Essentially, we were late," said DWR spokesman Oscar Hidalgo.

In July last year Secretary of State Bill Jones charged that consultants bought power for California from companies in which they personally owned stock. Five were dismissed in August. Those who failed to give statements were more than 100 days late providing the required information.

The DWR avoided paying the maximum fine of $260,000, which still pales in comparison with the $43 billion worth of contracts that California signed. Criminal investigation by Attorney General Bill Lockyer is ongoing.

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