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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

New Zealand Experiments With Real-Time Electricity Pricing

LCG, October 15, 2002-M-co, New Zealand's electricity market operator, has begun operating a real-time wholesale electricity pricing system.

Normally, New Zealand's wholesale electricity prices are calculated every 30 minutes, but M-co will now have the prices reported every 5 minutes. This publishing-per-5 minutes trial will last three months and will not affect market settlement as yet.

M-co's intention is to optimize the market; the company feels that the shorter time may have a positive effect on the calculation of settlement prices.

M-co also operates the retail electricity market of South Wales, the green energy market of Australia, and the wholesale electricity market of Singapore, in addition to working with developing markets in Africa.

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