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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

PG&E Suspends Dividend, Says it's Almost Out of Cash

LCG, Jan. 11, 2001PG&E Corp. said yesterday it will not pay on Monday the 30-cent dividend declared by its board of directors in October. Its utility subsidiary Pacific Gas & Electric Co. not only will not pay its regular preferred stock dividend, it won't pay the parent company its $110 million dividend.

Nobody gets paid except the power producers and natural gas suppliers, and PG&E said it won't have enough cash to pay them in a few days.

In a filing with the Securities and Exchange Commission yesterday, PG&E Corp. said it cannot borrow more money to buy power or natural gas and called upon California Gov. Gray Davis to "use his emergency powers to permit the state to provide temporary financial assistance to meet the demands of gas suppliers."

PG&E said it may be forced to cut off electricity and natural gas deliveries to some of its 12 million customers unless it receives "immediate regulatory, legislative or judicial relief." Without that relief, the company said, it will default on its current obligations.

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