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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

AEP Takes over Enron Trading Ops in Scandinavia

LCG, Jan. 8, 2002--U.S. utility holding company American Electric Power Co. Inc. extended its European energy trading operations into Norway and Sweden this morning by assuming control of Enron's offices in Oslo and Stockholm, The Financial Times reported.

The Ohio-based firm, which last month acquired Enron's international coal trading operations in a deal worth about $35 million, said it had hired 35 of Enron's former traders, headed by Thor Lien. Terms were not disclosed.

"Adding Thor and his team immediately provides us with a proven wholesale platform in the Nordic region, extensive market expertise and a capability to utilize the interconnector that moves power between Germany and Denmark," said Hank Jones, head of AEP's European wholesale power business.

According to the paper, the Nordic power market is one of the most mature deregulated markets in Europe but is one from which AEP has been absent to date. The group has instead focused on the UK market, where it last year bought Fiddlers Ferry and Ferrybridge, two of the country's largest power stations, from Edison Mission Energy of the U.S.

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