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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 Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

NY Short-Circuit May Cause Summer Troubles

LCG, May 22, 2002-A major Long Island Power Authority transmission line has short-circuited.

Crossed wires in a 3 mile underwater part of the line probably caused the problem in the 18-mile transmission line, which connects Oyster Bay and Westchester County by way of the Long Island Sound.

If the problem is in the underwater portion and requires replacement transmission, the line may not be serviceable until after the peak-demand summer months, posing a significant problem for LIPA and power officials. According to LIPA chairman Richard Kessel, keeping the transmission line up may be the biggest pre-summer challenge that LIPA has ever encountered.

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