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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 Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

GE Hitachi Nuclear Energy's ESBWR Passes Safety Review

LCG, October 28, 2010--GE Hitachi Nuclear Energy (GEH) Tuesday announced that its Economic Simplified Boiling Water Reactor (ESBWR) design passed a safety review conducted by an advisory committee for the U.S. Nuclear Regulatory Commission (NRC). With the successful review, GEH is now positioned to proceed with design certification. GEH estimates that final NRC certification for the "Generation III+" reactor model could occur by next fall.

GEH submitted the design for the 1,520-MW, ESBWR design to the NRC on August 24, 2005, and the NRC accepted the application on December 1, 2005. GEH states that the design incorporates passive safety features and simplified construction and operation.

GEH and DTE Energy are working together towards the possible development of an ESBWR project adjacent to DTE's existing Fermi 2 nuclear plant, located south of Detroit, Michigan. The NRC is currently reviewing the combined license (COL) application for the proposed Fermi Unit 3, which was submitted by Detroit Edison (a subsidiary of DTE) in September 2008. DTE has not yet made a decision to proceed with construction of the new reactor.
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