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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

NRG, Dynegy Acquire Two Plants from Nevada Power

LCG, Nov. 20, 2000--NRG Energy Inc. and Dynegy Inc. announced jointly this morning that they will purchase two Las Vegas-area power plants with a combined capacity of 1,330 megawatts from the Nevada Power Co. subsidiary of Sierra Pacific Resources.

The 740 megawatt Clark Generating Station located in southeastern Las Vegas consists of 10 natural gas-fired units that can burn fuel oil as a backup.

The 605 megawatt Reid Gardner Generating Station, located 52 miles northeast of Las Vegas, consists of four baseload coal-fired units. Three 110 megawatt units are wholly owned by Nevada Power while a fourth 275 megawatt unit is jointly owned by Nevada Power and the California Department of Water Resources.

NRG and Dynegy will acquire Nevada Power's 85 percent interest in the fourth Reid Gardner unit and the California water agency will retain its 15 percent interest.

The sale of generation assets is a regulatory condition of the 1999 merger between Sierra Pacific Power Co. and Nevada Power Co. that formed Sierra Pacific Resources. Last month, NRG was named the successful bidder for Sierra Pacific's 50 percent interest in the 522 megawatt coal-fired North Valmy Generating Station and 100 percent interest in 25 megawatts of peaking units in northern Nevada.

The acquisition of Clark and Reid Gardner includes a transitional power purchase agreement for Nevada Power to purchase energy and ancillary services until March 1, 2003 under a contract the companies say will help provide price stability for its customers throughout the transition to an open market in Nevada.

The transaction is subject to approvals from the Federal Trade Commission, the Federal EnergyRegulatory Commission and the Nevada Public Utilities Commission. It is expected to close duringthe second quarter of 2001, the companies said.

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