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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

NY Power Plant Plans Cancelled

LCG, May 9, 2002--Today General Electric and Sithe Energies Inc. publicized the cancellation of a joint development near Oswego in upstate New York, citing market conditions.

The Heritage plant would have been a 800 MW natural gas-fired combined cycle and had succeeded in all significant regulatory steps. The construction was postponed to this spring from December, but now the companies say recession and changes in electricity prices make construction economically unfavorable.

The cancellation is just one of a number of power projects that have been cancelled because of changing market conditions.

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