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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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Energy Secretary Issues Emergency Order in Florida to Keep Coal-Fired Power Generation from Shutdowns and Reduce the Risk of Blackouts and High Costs

LCG, September 2, 2026--The U.S. Secretary of Energy yesterday issued an emergency order to keep coal generation online and address critical grid reliability issues in Florida. The emergency order directs the Orlando Utilities Commission (OUC) to ensure that Unit 1, a coal-fired generating facility at the Stanton Energy Center in Orlando, Florida, remains available to operate. Unit 1 was scheduled to enter a premature extended cold shutdown in June 2026. This order is in effect beginning today through November 30, 2026.

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Industry News

Bank of America Wants to Trade Electricity

LCG, September 12, 2002-The Bank of America has asked the Federal Energy Regulatory Commission to allow it to participate in the electricity market.

FERC received the institution's filing last week and will determine whether or not to grant it a license.

Bank of America, which is based in North Carolina, began trading electricity derivatives over a month ago. The bank asserts that, because it is a liquid and creditable agent, its involvement in trading will benefit the electricity market at a time when many market players have to be somewhat more conservative about market participation.

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