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.
Tags: Hydrogen, LED, Lousiana, Monarch Energy
Recent Posts
Zero-carbon ammonia for shipping faces challenges
Wärtsilä signs lifecycle agreement for 7 Capital Gas LNG carriers
ABS releases report on nuclear LNG carrier design
NTPC develops indigenous catalyst for methanol production
Huangpu Wenchong receives AIP from CCS for ships using methanol and ammonia
Climate change will cause India’s GDP to decline by 24.7% by 2070: ADB
Masdar and EMSTEEL complete project using green hydrogen to produce steel
DNV Grants HHI AiP for ammonia DF large container vessel