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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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Constellation Files License Renewal Applications with the NRC for Two New York Units

LCG, June 29, 2026--Constellation announced on June 26 that it has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend for 20 years the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation stated that it's decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State's renewal of its Zero Emissions Credit (ZEC) program is working as intended. Furthermore, Constellation stated that maintaining its nuclear fleet is estimated to save New Yorkers $50 billion and sustain reliable emissions-free generation resources to serve increasing electricity demands.

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Industry News

Utility and FERC Attempt to Block Moves by Bankrupt Mirant

LCG, Sept. 5, 2003--Mirant Corp. is attempting to cancel $700 million worth of money-losing power supply contracts it signed with Pepco, a utility serving Washington, DC and surrounding areas, while Pepco and the Federal Energy Regulatory Commission say that the bankruptcy court overseeing Mirant's reorganization lacks the proper authority to allow such a move.

Mirant, having filed for bankruptcy on July 14, requested that the bankruptcy court allow it to be released from deals in which it sold power to Pepco from plants formerly owned by Pepco, as well as from existing purchase agreements it acquired from the utility. FERC officials, having filed jointly with the U.S. District Court for Northern Texas U.S. on the matter, contend that only FERC should be able to release Mirant from contracts.

A temporary restraining order was issued by the bankruptcy court that barred FERC from issuing any orders concerning Mirant's deals with Pepco. It does not appear likely that, whatever the outcome, Pepco will need to consider the possibility of losing its power supply. Mirant wishes to renegotiate its existing deals. Several deals it is trying to revise are with companies other than Pepco, such as a tolling agreement with a 725-megawatt plant in Texas, Cleco's Perryville. Cleco has said it will seek damages if the contract is cancelled by the bankruptcy court.
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