Energy Report Examines the Benefits and Costs of Targeted Infrastructure Replacement Programs
January 16, 2013
In a recently released report, "Summary of Quantifiable Benefits and Costs Related to Select Targeted Infrastructure Replacement Programs," Vice President Paul Hibbard and Associate Craig Aubuchon present the results of a dynamic analysis of the benefits and costs associated with implementing utility programs to accelerate the replacement of aging and leaking natural gas distribution system infrastructure. Looking beyond potential public safety benefits, the authors present results under a wide range of assumptions associated with leak rates, emission factors, natural gas prices, and the social cost of carbon. Their analysis shows that these programs create significant benefits, including reduced commodity purchases and lower greenhouse gas emissions.
Read the report