Monarch Energy proposes to invest to create hydrogen plant

In Louisiana, Louisiana Economic Development reported that Monarch Energy is exploring building a $426 million facility in Ascension Parish, in Louisiana.

The company estimates the proposed facility would employ a carbon-free process to manufacture 120,000 kilograms of hydrogen per day to be sold as a “green” feedstock for a wide range of industrial and chemical processes.

If the project moves forward as outlined, Monarch Energy anticipates the creation of about 300 construction jobs at peak construction. Louisiana Economic Development estimates the project would result in an additional 105 new indirect jobs, for a total of 149 potential new jobs in the Capital Region.

The company expects to make a final investment decision and begin construction in 2025. It anticipates commercial operations to commence in 2027.