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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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Energy Secretary Issues Emergency Order in Florida to Keep Coal-Fired Power Generation from Shutdowns and Reduce the Risk of Blackouts and High Costs

LCG, September 2, 2026--The U.S. Secretary of Energy yesterday issued an emergency order to keep coal generation online and address critical grid reliability issues in Florida. The emergency order directs the Orlando Utilities Commission (OUC) to ensure that Unit 1, a coal-fired generating facility at the Stanton Energy Center in Orlando, Florida, remains available to operate. Unit 1 was scheduled to enter a premature extended cold shutdown in June 2026. This order is in effect beginning today through November 30, 2026.

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Industry News

Nuclear Plants' Decomissioning Funds Found Low

LCG, Dec. 3, 2003--In a report released by the General Accounting Office, Congress' research arm, 42 nuclear plants were named as not having enough savings designated to pay for decommissioning costs when the plants are ultimately shut down.

Some generating units are already inactive, but owners are waiting for neighboring units at the same plants to be retired before starting clean-up activities. The report stated that savings for some plants is sufficient, while at others, a gap exists that cannot readily be closed by shifting funds.

The Nuclear Regulatory Commission said through a spokesman that it is not as concerned about a problem such as has been identifed by the GAO. A spokesman for the Nuclear Energy Institute, Steve Kerekes, said that with widespread extensions of plant licenses for an additional 20 years, the plants would have sufficient time to come up with the needed funds.

The GAO report authors found that the growth in the value of savings, if it continues, would pay for plants' decommissioning costs. The distribution of funds between various sites and multiple owners, however, indicated uneven progress.

A concern raised by groups who oppose nuclear power is that because some of the buyers of existing nuclear plants are not utilities, and therefore do not have assurance of a stable revenue stream, they may have difficulty handling the liabilities that will come due at the end of plants' operating lives.
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