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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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Duke Energy Submits 2026 Carolinas Resource Plan to Public Service Commission

LCG, August 19, 2026--Duke Energy announced Monday that its 2026 Carolinas Resource Plan was submitted August 14 to the Public Service Commission of South Carolina (PSCSC). The company states that its strategy is designed to maximize the value of existing resource assets while (i) making prudent investments in additional diverse resources needed to serve South Carolina's growing population and economy and (ii) maintaining its focus on delivering safe, reliable and affordable energy. The PSCSC will now evaluate the 2026 Carolinas Resource Plan, hold a hearing in April 2027 and issue an order by June 2027.

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Industry News

FERC Will Not Hear California Settlement Complaints

LCG, Oct. 22, 2003--There is no basis for the Federal Energy Regulatory Commission's consideration of objections to the terms of settlements relating to alleged market manipulation in California in 2000-2001, the agency has said.

The conclusion was justified by commissioners' contention that the matters that had led to settlements were investigations, and that parties outside the investigations, such as California officials or representatives of energy purchasers, were not qualified to instigate a review process. The agency said that any opinions it had previously issued that had indicated otherwise were being rescinded.

William Massey, the single Democrat among the Commissioners, objected to the announcement, and said that evidence in the investigations had come from those who were not being allowed to raise objections.

The issue of what California has claimed are $9 billion worth of refunds is being treated in a separate proceeding. The refunds that should ultimately be paid based on FERC's analysis are still being determined. Final determination can only be made once computer models used in the analysis have been finished. The expected date for the calculations is in the spring.
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