• CapEx: $426 million
  • Jobs: 149 new (44 direct, 105 indirect)
  • Product: Green hydrogen
  • Location: Ascension Parish / Capital Region
  • Project overview:
    • 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.
    • Monarch Energy plans to utilize electrolysis, the use of electricity to break down water into hydrogen and oxygen, in the manufacturing process.
    • This would qualify the hydrogen as “green” or no-carbon because its production would not release carbon dioxide or other greenhouse gases into the atmosphere.
  • Estimated Completion:  2027