A U$426m hydrogen plant capable of producing 120,000kg of hydrogen per day is planned for development by Monarch Energy in Ascension Parish, Louisiana. The site will utilize electrolysis for hydrogen production. A final investment decision is expected to be made soon, ahead of production beginning at the facility in 2025, and commercial operations by 2027.
“If the project moves forward, it will provide another economic boost to the Capital Region, create good-paying jobs and further solidify Louisiana’s standing as a first choice for energy innovation investment,” said John Bel Edwards, Louisiana’s Governor.
To show its support for the project, an incentives package has been created by the state which will include a U$500,000 performance-based forgivable loan from the Economic Development Award Program for site and infrastructure improvements.
Industrial gas company Air Products also announced in 2021 that it was planning to develop a U$4.5bn blue hydrogen clean energy complex in east Louisiana, in Ascension Parish. The project will produce an estimated 750 million standard cubic feet per day of blue hydrogen. Air Products expects the facility will be operational in 2026.