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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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PJM Releases New Five-Year Strategy Plan

LCG, August 20, 2026--PJM released its new five-year strategy yesterday, entitled "Shaping a Powerful Change, Working to Perfect the Flow of Energy." The strategy specifies PJM’s mandate to be a mission-driven organization that serves the public interest as a FERC-authorized RTO. PJM's strategy plan outlines the need to meet the demands of accelerating load growth amid constrained capacity and a rapidly evolving industry. The plan states, "We are clear about our priorities: Reliability is our North Star.”

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Industry News

Reliant Expects Gain on Sale of NY Power Plants

LCG, May 25, 2004--A group of 72 power plants acquired by Reliant Energy Inc. in early 2002 will be sold, according to a definitive agreement signed with Brascan Corp. of Toronto.

The deal represents a transfer of 770 megawatts, with all of the plants being hydro except for a single cogeneration plant. It is subject to antitrust review by regulators at the federal and state levels. Brascan, which holds power generation and real estate assets, would increase its ownership of generating capacity by approximately 50 per cent.

Reliant anticipates that it will realize a "significant" gain from the transaction in the third quarter. The assets were purchased by Reliant when it acquired Orion Power Holdings and that company's 6,122 megawatts of generating capacity.
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