PSEG files $2.54B extension of its Gas System Modernization Program

PSE&G filed for a three-year, $2.54B extension of its Gas System Modernization Program, or GSMP, with the New Jersey Board of Public Utilities. The proposal would continue the utility’s work to update its existing infrastructure to improve reliability and reduce greenhouse gas emissions, or GHG, by replacing aged pipes with modern ones, and sustaining the thousands of jobs and skilled workforce created under GSMP II with the prospect of creating more jobs. In keeping with its continued efforts to improve reliability and reduce methane emissions, the program’s replacement of old gas mains is estimated to reduce CO2e emissions by more than 145,000 metric tons. GSMP III Highlights include: exclusively focusing on modernizing existing infrastructure, using advanced management and construction processes to replace old, leaky cast iron pipes and unprotected steel mains with upgraded materials; maintaining the infrastructure and system through better gas flow control and through upgraded equipment, with the aim of enhancing safety; immediate reduction of leaks by installation of new pipes that can also deliver emerging lower-carbon alternatives, including RNG and hydrogen; an estimated 310 miles, or 38%, of the low-pressure cast iron upgrades would be in municipalities that have a significant number of overburdened communities; enabling higher efficiency appliances; and ensuring our customers’ power sources remain affordable and diversified.