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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

Federal Prosecution of Reliant May Be Near

LCG, Mar. 9, 2004--Federal prosecutors have notified Reliant Energy that an investigation into behavior by subsidiary Reliant Energy Services' traders and employees could lead to criminal indictments, the company has said.

Regulators with the Federal Energy Regulatory Commission (FERC) reached a settlement worth $13.8 million with Reliant over the apparent exercise of market power in Southern California power markets in June 2000, where Reliant Energy Services, now called Reliant Resources Inc., owns power plants. The settlement ended the agency's investigation. Transcripts of conversations between traders with the company were released by FERC, due to the clearly expressed intent to boost prices by deliberately withholding power from the market.

Reliant said that it would argue against any charges brought against it. According to the University of California Energy Institute's Severin Borenstein, who was quoted in the Sacramento Bee, "Frankly, I think they will have a hard time getting very far. I'm not aware of any criminal laws covered by what Reliant did, though I believe they certainly are guilty of exercising market power and driving up prices."

The San Francisco office of the U.S. attorney did not provide comment, as its investigation is pending.
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