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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

Slovakia Privatizes Energy (a Bit)

LCG, May 22, 2002-The government of Slovakia decided to allow the sale of 49 percent of each of three electricity distributors.

Final approval for the sale came after three weeks of delay, which saw discussions between parties within the group responsible for approval.

49 percent of Zapadoslovenska Energetika AS will be sold to Germany's E.On for €330 million ($304 million). RWE Plus will buy the same percent of Vychodoslovenska Energetika AS for €130 million ($120 million), and Electricite de France will buy 49 percent of Stredoslovenska Energetika for €158 million ($145 million).

Having chosen from 10 bids, the Slovak government is selling its assets with the help of HSBC Holdings, CAIB Securities, and BNP Paribas, and expects payment within three months.

The sale of Slovak electricity generator Slovenske Elekrarne AS will wait until after fall elections.

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