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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

Search for Missing Fuel Rods at Vermont Nuclear Plant

LCG, Apr. 23, 2004--Officials at the Vermont Yankee nuclear reactor, as well as representatives of the Nuclear Regulatory Commission, are involved in searching for two small but highly radioactive spent fuel rods that had been stored in a pool reserved for such rods.

The owner of the Yankee plant, Entergy Corp., issued a statement saying, "Vermont Yankee has an extensive system of radiation monitors and, due to the radioactive nature of the material, the segments could not have been inadvertently removed from the pool in anything other than a container specifically designed... to contain radioactive material." Anyone exposed to the rods without the benefit of a form of shielding would experience a fatal amount of radiation.

According to records, the rods were put into the pool in 1979, after being put into a stainless steel container. A similar situation ended in a nuclear plant in Connecticut being fined $288,000; the misplaced fuel did not surface. Vermont Gov. James Douglas spoke with the NRC's head, and called the misplacement of the rods "intolerable." The rods, which have the thickness of about a pencil, could conceivably be used to make a "dirty bomb."
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