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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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DOE Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

U.S. Senate to Probe California Power Problems

LCG, Jan. 24, 2001The U.S. Senate Committee on Energy and Natural Resources will hold at least one hearing next week on the electric power problems besetting California, its chairman, Sen. Frank Murkowski, said yesterday.

The Alaska Republican said the hearings would try to identify the causes of the problems and to assess the danger of their spreading to other states. The committee will deliberate over whether federal legislation can prevent recurrences or prevent the problem from spreading.

Idaho Sen. Larry Craig, also a member of the Energy Committee, said "We have got to get this thing under control."

The two senators spoke during a committee meeting to vote on the nomination of Gale Norton to be Secretary of the Interior in the Bush administration.

Yesterday, the Bush administration agreed to continue for two week emergency orders of the previous administration requiring suppliers to continue to sell electricity and natural gas to California utilities. It was made plain that there would be no further extensions.

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