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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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Energy Secretary Issues Emergency Order in Florida to Keep Coal-Fired Power Generation from Shutdowns and Reduce the Risk of Blackouts and High Costs

LCG, September 2, 2026--The U.S. Secretary of Energy yesterday issued an emergency order to keep coal generation online and address critical grid reliability issues in Florida. The emergency order directs the Orlando Utilities Commission (OUC) to ensure that Unit 1, a coal-fired generating facility at the Stanton Energy Center in Orlando, Florida, remains available to operate. Unit 1 was scheduled to enter a premature extended cold shutdown in June 2026. This order is in effect beginning today through November 30, 2026.

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Industry News

El Paso Chief Exec to Resign

LCG, February 11, 2003-William Wise, chief exectutive officer of the El Paso Corporation, announced his resignation Monday, although he will stay on through this year.

El Paso Corporation, a natural gas pipeline company, has been facing severe debt, in addition to lawsuits, and last week declared $2.9 billion in asset sales as well as a large cut in annual dividends, from 87 cents to 16 cents per share.

Shareholders, including an investor group led by the largest single shareholder, Selim Zilhka, have been rallying for changes in the El Paso board and the replacement of the management team.

Wise has worked for El Paso for 33 years and as CEO beginning in 1990. He will stay on until a new CEO is found and keep his title as chairman through this year.

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