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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

PSEG Power Acquires Natural Gas-Fired Power Project in Maryland

LCG, June 18, 2015-PSEG Power announced today that, through its wholly-owned subsidiary PSEG Fossil, it has acquired the 755-MW Keys Energy Center project from Genesis Power, LLC and an energy-focused private equity fund managed by Ares EIF Management, LLC. The natural gas-fired, combined-cycle project, located in Prince George's County, Maryland, represents an investment of $825 - $875 million.

Construction on the project is scheduled to begin this year, with the plant operational and supplying capacity and energy in 2018. PSEG Fossil will oversee construction, operate and maintain the combined-cycle facility, which will incorporate two gas-fired turbines and one steam turbine. The project is located near Brandywine, Maryland.

The Keys Energy Center will connect to the Potomac Electric Power Company (PEPCO)/PJM 500 kV transmission line that is adjacent to the property. No new transmission lines are necessary, and a major interstate natural gas pipeline is nearby to deliver fuel to the power plant.

PSEG Power's president and COO stated, "The new plant offers a strong operational and financial fit for PSEG Power's balanced generation portfolio and will expand our footprint in our core PJM market. This is an opportunity to add to the reliability of the energy grid, provide clean energy to Maryland and create new jobs and economic activity locally and within the region."
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