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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

Duke Announces It Did Not Participate in Enron Strategies, Dynegy Rewrites 2001 Revenues

LCG, May 17, 2002-The Federal Energy Regulatory Commission ordered energy companies to hold onto trading records and state whether or not they participated in certain trading strategies, and the some of the most recent companies to respond are Duke and Dynegy.

Duke Energy asserted today that it did not participate in any of the twelve strategies outlined in the Enron memos released last week. The company said that it looked over trading from 1999 to 2001 and that under 1 percent of trades and revenues were from such trades, adding that those falling in that less-than-1-percent were conducted to ensure real-time prices, not increase volume.

Meanwhile, Dynegy, which is under formal investigation by the Securities and Exchange Commission, has revised its 2001 net income by 12 percent after a tax benefit, related to a natural gas transaction, came under review.

Baltimore-based Constellation Energy Group also announced yesterday that it did not participate in trading volume inflation and that it never had any goals to trade in high volume.

Last week and early this week energy companies Reliant Resources and CMS Energy Corp. said they did participate in "round-trip" trading in order to increase trading volume.

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