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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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DOE Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

After Nuke Incidents, TEPCO Attempts to Reestablish Itself

LCG, October 15, 2002-The new president of Japanese company TEPCO has announced that all steps will be taken to recover public support, including delaying use of MOX fuel.

In August, Japan's Tokyo Electric Power Co. (TEPCO) was found to have falsified safety records for five of its nuclear reactors. Subsequently, several of its top officials were replaced, including now ex-President Nobuya Minami.

TEPCO's new president, Tsunehisa Katsumata, announced that all possible steps would be taken to restore public confidence in the company. This process would involve postponing the recycling of nuclear material. The company intends to use plutonium-uranium mixed oxide (MOX) fuel, the nuclear waste from standard nuclear plants, but will put this plan on hold indefinitely.

Japan's first major MOX-powered plant is expected to come on line in 2005.

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