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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

PG&E Corporation Unit Slated for Bankruptcy Filing

LCG, May 14, 2003-National Energy Group, a subsidiary of the Pacific Gas & Electric Corporation, may enter Chapter 11.

On Tuesday PG&E Corporation noted its plans to file for bankruptcy for its electricity generation and trading unit. The Corporation also intends to omit National Energy Group from its earning projections may even surrender ownership.

PG&E Corp. already has one unit in bankruptcy court, PG&E utility, which serves customers in Northern California. The utility is well on its way to recovery and only faces obstacles as to which bankruptcy plan it will be permitted to execute.

National Energy Group, however, is one of the energy trade's most doomed companies, suffering from low energy prices after the high prices of 2000 and 2001. The company reported a net loss of $261 million for the first quarter, as opposed to a net income of $37 million for last year's first quarter.

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