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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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PJM Releases New Five-Year Strategy Plan

LCG, August 20, 2026--PJM released its new five-year strategy yesterday, entitled "Shaping a Powerful Change, Working to Perfect the Flow of Energy." The strategy specifies PJM’s mandate to be a mission-driven organization that serves the public interest as a FERC-authorized RTO. PJM's strategy plan outlines the need to meet the demands of accelerating load growth amid constrained capacity and a rapidly evolving industry. The plan states, "We are clear about our priorities: Reliability is our North Star.”

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Industry News

El Paso Requests Extra Month to File CA Settlement

LCG, May 5, 2003--El Paso Corp., which reached a tenative settlement with California that would result in eventual payments by the gas pipeline company of $1.7 billion, has asked the Federal Energy Regulatory Commission to allow it one more month in which to assemble the details of the settlement.

The commission did not issue a planned ruling in March in a case alleging manipulation by El Paso of the natural gas market following the announcement of the settlement. If the FERC grants the extension, it would allow the company to avoid a ruling by the commission, in which it could be found to have withheld capacity that elevated prices in the gas and electric power markets in 2000-2001.

El Paso was joined in the extension request by parties to the settlement, including private class-action litigants, Gov. Davis, the California Public Utilities Commission, the California Department of Water Resources, as well as the two major investor-owned utilities, Pacific Gas & Electric and Southern California Edison.

In the announcement of a likely settlement in March, El Paso did not admit wrongdoing. The settlement is to include payments of $22 million per year for 20 years, and $45 million worth of natural gas for the same period, as well immediate payments of cash and El Paso common stock. The extension being sought, until June 4, is needed due to "the substantial number of cases being settled, the large number of parties involved... as well as the scope, magnitude and nature of the issues and claims being settled."
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