Entergy Louisiana and Monarch Energy have signed an MOU to enhance South Louisiana's energy infrastructure.
Entergy Louisiana will collaborate with Monarch Energy on a 300-megawatt green hydrogen electrolyzer project near Donaldsonville, Louisiana.
Monarch Energy's project is expected to create over 300 construction jobs and more than 44 permanent operational positions.
and Monarch Energy, a renowned company specializing in green hydrogen and electro-fuels initiatives, have entered into a memorandum of understanding aimed at advancing South Louisiana's energy infrastructure. Under this agreement, Entergy Louisiana will collaborate with Monarch Energy to capitalize on existing transmission infrastructure and potentially construct new generation resources. This joint effort aims to provide a stable supply of long-term renewable power to Monarch's ambitious 300-megawatt green hydrogen electrolyzer project located near Donaldsonville, Louisiana.
Monarch Energy's hydrogen electrolyzer project represents a substantial potential investment, exceeding $400 million in Ascension Parish. The initiative is anticipated to generate over 300 construction jobs and create more than 44 permanent operational positions. Monarch Energy has initiated development activities in 2022 and envisions commencing commercial operations by 2027.
Ben Alingh, co-founder and CEO of Monarch Energy, commented,
Entergy Louisiana’s commitment to providing renewable power to industrial customers like Monarch Energy is a critical piece of advancing the Royale Electrolyzer project. Louisiana presents an excellent opportunity for green hydrogen production with the existing industrial workforce, development friendly local communities, and experienced industrial hydrogen consumers.
enjoys a strategic locational advantage, being situated at the epicenter of South Louisiana's hydrogen production, storage infrastructure, and industrial customer base. Beyond providing dependable and secure power, the company recognizes the growing demand among new and emerging customers for access to renewable energy sources. To meet these evolving customer requirements and facilitate the state's economic growth, Entergy Louisiana recently submitted the largest-ever request for renewable power expansion to the Louisiana Public Service Commission. This request seeks approval to augment its generation portfolio with an additional three gigawatts of solar power.
Cumulatively, there are 3,225 megawatts of solar power projects in the approval pipeline for development, construction, and placement on the grid through agreements with Entergy Louisiana, representing a significant stride toward meeting the sustainability needs of both its current and future customers.
Phillip May, president and CEO of Entergy Louisiana, said,
We’re thrilled for the opportunity to bring this project to Louisiana. Our state is primed for an economic boom in the coming years, and this agreement will help foster that growth. Together with Monarch, we know we can build a stronger, more resilient Louisiana.