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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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DOE Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

NY Grid Operator Comments on Blackout Avoidance

LCG, Aug. 28, 2003--Speaking before the New York State Assembly yesterday, the president of the New York Independent System Operator, William J. Museler, stated that even if the grid manager had known about transmission problems in the Midwest well in advance of the blackout that ultimately hit New York, it would not have anticipated the situation becoming as severe as it did.

Had a decision been taken to isolate the New York transmission system from other areas, including Ontario, to which New York was effectively sending power, it could have increased risks for neighboring regions, said Museler. He also told legislators that in addition to not providing assurance of preserving stability for New Yorkers, active isolation would not have been in keeping with long-standing cooperative policies with regional partners.

Investigators have generally agreed that lines between New York and Ontario seem to have functioned according to their design, and did not automatically trip when the flow of power across the U.S.-Canadian border increased significantly. Nonetheless, given the amount of data that still requires examination, this viewpoint is being scrutinized before more explicit confirmation.

Museler testified that, on balance, assuming some risks by remaining connected to the larger grid could have beneficial consequences by encouraging reciprocal behavior by other grid managers. "There are many more times where it's better being connected to the grid, where it's going to save you," Museler said.
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