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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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Calpine Announces Completion of Expansion Project at The Geysers Geothermal Complex

LCG, June 10, 2026--Calpine, a business unit of Constellation, announced early this week the completion of a 25 MW expansion project at The Geysers geothermal complex located in Sonoma County, California. The addition builds on Calpine's continued investments in The Geysers to support California's renewable energy goals and to provide reliable, around-the-clock renewable power as the demand for clean electricity continues to grow.

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Industry News

Reliant Resources Abandons Gas Trading

LCG, Mar. 10, 2003--Recent volatility in natural gas prices has prompted Reliant Resources to announce today it will no longer be involved in proprietary trading in that market.

The company said that a trading loss of approximately $80 million following the closing of a short position for March deliveries and a long position for April deliveries was a direct cause of its decision. The price of the NYMEX March contract increased by $2.53/mmBtu in February, from its closing price on Friday the 21st to trading on Monday, the 24th.

Reliant Resources has posted an additional $0.1 billion in collateral to maintain liqiduity, in addition to its January total of $0.7 billion from its domestic margin and collateral. Aside from the negative impact of market volatiliy for its trading operations, Reliant has seen revenues earned by coal generating plants it owns rise, due to higher market prices caused by conditions in the natural gas market.
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