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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

Reliant Will Restructure, Change Name

LCG, July 8, 2002--The trading unit of Reliant Energy Inc., Reliant Resources, will become a separate entity, while the parent company will become CenterPoint Energy.

"The companies have different markets, different strategies and different aspirations," said Steve Letbetter, the chairman and chief executive of Reliant Energy. The move represents an attempt to allow the separate businesses better access to capital. Discussions have been ongoing over banks' extending existing credit lines.

The trading unit, Reliant Resources, last week restated $7.8 billion in revenue for the years 1999 through 2001, to offset the inflating effect of round-trip trades, reciprocal trades with other companies in which little or no profits are realized.
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