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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 Announces New "American Nuclear Supply Chain Loans" to Accelerate Deployment of Large-scale Reactors

LCG, June 23, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced today that it issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. In addition, Westinghouse Electric Company announced today its intention to partner with the EDF on the new loans.

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Industry News

Southeast Utilities Increase Commitments to Build Nuclear Reactors

LCG, April 9, 2008--Progress Energy and Southern Company have both announced that agreements have been made with Westinghouse Electric and The Shaw Group Inc. On Monday Progress Energy announced that it had executed a letter of intent with Westinghouse Electric and The Shaw Group Inc. to purchase long-lead materials for new nuclear reactors that are planned to be installed at a greenfield site in Levy County, Florida.

Progress Energy plans to install two, 1,100-MW AP1000 nuclear units, with the first operational in 2016, and the second in the following year. In March, Progress Energy Florida submitted a petition for Determination of Need to the Florida PSC that proposed to construct the two reactors.

On Tuesday, Southern Company announced that it has entered into an Engineering, Procurement and Construction contract (EPC) with a consortium consisting of Westinghouse Electric Company LLC and The Shaw Group Inc.'s Power Group for the engineering, procurement and construction of two AP1000 nuclear units and related facilities. The new units are planned to be installed at an existing nuclear station, Plant Vogtle, located near Augusta, Georgia.

Georgia Power, a Southern Company subsidiary, expects to submit the EPC to the Georgia Public Service Commission May 1, 2008 as a self-build option in connection with the Georgia Power's 2016-2017 capacity request for proposal. The new reactors are scheduled to commence operations in 2016 and 2017.
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