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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

California Re-regulation Likely to Reverse Under Schwarzenegger

LCG, Oct. 10, 2003--California Governor-elect Arnold Schwarzengegger favors more emphasis on an open power market than outgoing Gov. Davis, and will likely try to encourage investment in new generation and transmission infrastructure for the state.

One of the changes to state policy enacted in the past year was the demise of directly negotiated contracts between energy suppliers and large customers. Schwarzenegger's position statements and comments by aides signal that he would favor allowing such contracts again. He would also reportedly try to bring about greater diversification of fuels used by new generating plants, to lessen price volatility associated with natural gas.

Under Schwarzenegger, cooperation with other states on grid connections and long-term planning could also receive greater attention.

California's experience with market manipulation have caused California regulators to move in the direction of a possible role for the state's major utilities in making long-term arrangements for access to dedicated generating units, as in the traditional regulated model. Schwarzenegger is unlikely to make utilities or the state responsible for a greater share of generation, and instead favors better policing of electricity markets to prevent manipulation.
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