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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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Calpine Announces Completion of Expansion Project at The Geysers Geothermal Complex

LCG, June 10, 2026--Calpine, a business unit of Constellation, announced early this week the completion of a 25 MW expansion project at The Geysers geothermal complex located in Sonoma County, California. The addition builds on Calpine's continued investments in The Geysers to support California's renewable energy goals and to provide reliable, around-the-clock renewable power as the demand for clean electricity continues to grow.

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Industry News

Negotiators in Nuclear Warhead Fuel Sale at Loggerheads

LCG, Jan. 29, 2002--The privatized U.S. agency which supplies U.S. nuclear power plants with fuel from Russian warheads is at an impasse over the price it will pay the Russian agency, Tenex, under a long-term agreement.

USEC Inc., based in Bethesda, Md., buys fuel with the U.S. government's backing, and supplies half of the low-enriched uranium used by domestic nuclear plants. The program is also seen as important to maintaining international security. USEC is seeking a lower price than what was charged under a five-year contract, and wants the price it pays to be tied to activity in the uranium market.

The profitability of the company has dropped 60 percent in a year, and its stock price has fallen by half. The U.S. government is concerned that such a company be in place to handle the transactions, but so far, Energy Secretary Spencer Abraham has not responded to a request by the Russian Nuclear Power Minister to become involved in the stalled negotiations.

Undersecretary of Energy Robert Card expressed concern with USEC, saying "if the outstanding issues in the negotiation are not resolved expeditiously, the United States could find itself with a nuclear power fuel shortage."

USEC maintains an inventory to supply plants, and did not place an order for the current year. The company's CEO, William Timbers, said the concern was "unwarranted and disingenuous."
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