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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

Exelon Files for License Extension at Three Mile Island

LCG, January 9, 2008--Amergen, a unit of Exelon Corporation, announced yesterday that it has filed an application with the U.S. Nuclear Regulatory Commission (NRC) for a 20-year extension of the operating license for Three Mile Island Unit 1 nuclear generating station, located near Harrisburg, Pennsylvania.

Three Mile Island Unit 1 began commercial operation in 1974, and the current license will expire in April 2014. The existing unit is pressurized water reactor and has an electric generating capacity of 852 MW.

The NRC has approved license renewal applications for 48 generating stations and 38 other license renewal applications are pending or have been announced. Amergen anticipates that the NRC will review the application over 22 to 30 months.

Unit 2 was shut down following a core meltdown accident in 1979. The accident is considered the most serious accident in U.S. nuclear industry history.

Amergen acquired Three Mile Island in December 1999. According to AmerGen, the company has invested over $100 million in plant upgrades and plans to invest another $300 million during the fall 2009 refueling outage to replace two steam generators.

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