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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

FERC Releases El Paso Pipeline Strategy Papers

LCG, December 3, 2002-Accusing the El Paso Corporation of intentionally withholding gas supplies during California's energy crisis, FERC released potentially incriminating documents yesterday during a hearing.

El Paso Corp. is currently in court over its possible involvement in manipulating pipeline supply to California.

The Federal Energy Regulatory Commission released documents yesterday referring to El Paso's business plans, which until now had been kept confidential.

One memo showed that, during a meeting in February of 2000, El Paso officials had talked about methods of leaving pipeline capacity idle in order to increase profit.

Other, April 2000 documents referred to widening the basis spread, the difference between California border prices and more eastern regions' prices. The same memo discussed moving supply to Arizona or Mexico, away from California.

Many gas purchases and politicians have alleged that El Paso reaped immense profits from withholding pipeline capacity, although El Paso continues to deny any wrongdoing.

Californian utility attorney's say that El Paso had an obligation to bring 3,290 million cubic feet of gas per day, and that the company only offered 75% and delivered less than that amount in order to increase gas prices. Some say even the addition of a small amount of gas would have resulted in more affordable prices and ultimately would have led to cheaper electricity prices as well.

El Paso Corporation's Pipeline Group is the largest pipeline company in the country and owns over 48,000 miles of pipeline.

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