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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 Approves Most of PJM's Proposed Rules for ITCs

LCG, March 18, 2003-FERC agreed with most of the rules proposed by PJM Interconnection regarding the establishment of independent transmission companies.

PJM Interconnection, a non-stock transmission operator in the Mid-Atlantic states, gave the Federal Energy Regulatory Commission a list of proposed standards for potential independent transmission companies (ITC) within PJM's service area. Some consumer protection groups in Ohio, Pennsylvania, and Maryland opposed PJM's proposed standards, asserting that ITC's would have too much autonomy.

FERC found the proposed rules acceptable for the most part but decided that PJM should not yield reliability and planning authority to ITC's.

While FERC would not discuss possible rates to be paid to ITC's, the commission did mention that ITC's are likely to be addressed again when standard market design plans are finalized and released.

FERC released a 32-page order late Friday. In the document FERC limited PJM's region to one tariff, which allows an ITC to have a separate schedule but not its own tariff. PJM will also set the congestion pricing mechanism, while an ITC can by itself apply targeted transmission investment, outage management, and new technologies.

FERC also stated in the order that PJM will remain the regional reliability authority for any ITC and will provide ancillary services outside of scheduling, dispatching, and system control. PJM will also maintain authority over regional planning and will be able to prevent maintenance outages if the need arises. Any ITC would be responsible for maintenance and outage scheduling, however, in addition to managing transmission facility configuration.

Members of a coalition including Commonwealth Edison Co. and American Electric Power Co. have been considering joining PJM as an ITC to be called GridCo East.

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