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Monarch Energy Unveils Plans for Landmark Hydrogen Energy Hub
Monarch Energy, an energy company specialising in decarbonising hydrogen production, has announced their plans for a $426M facility in Ascension Parish, Louisiana USA. The project aims to revolutionise the energy sector by producing 120,000 kilograms of hydrogen per day, using a carbon-free process to manufacture.
The company has chosen a small parish in Louisiana as their base of operations – Ascension Parish. The state of Louisiana has recently unveiled their plans for full decarbonisation, which line up with Monarch Energy’s commitments.
Governor John Bel Edwards lauds the project, stating that the plans will invigorate the capital region’s economy as well as reinforcing Louisiana’s position as a beacon of energy innovation investment.
Hydrogen energy is quickly becoming an extremely viable, safe and fruitful method of renewable energy generation. With the abundance of hydrogen in natural resources and its carbon-neutral method of extraction, it may soon become as common as solar and wind power generation.
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Monarch Energy’s method for their energy production focuses on electrolysis. A transformative process that uses electricity to split water into hydrogen and oxygen. Hydrogen produced this way is naturally carbon free, therefore leaving no carbon-footprint throughout the production process.
Aside from the access to a green energy source, the project will also invigorate the local community and economy with employment opportunities. Over 300 jobs will be provided during the construction phase, which 44 direct jobs becoming available once the project is operational. Furthermore, they are expecting an extra 105 indirect jobs as a result of the economic network created by the installation. The new generation of employment highlights the need for training to ensure there is a skilled pool of workers ready for all upcoming projects.
Monarch Energy are collaborating with LED FastStart and the Economic Development Award Program, showcasing yet another renewable energy project with wide collaboration – such as the new Australian off-shore wind projects announced this week.
The venture aims to set an example to others for investments in clean technology, laying the foundation for an innovative and sustainable community. Ascension Parish President Clint Cointment discusses the benefits of embracing the plans – as he claims it to be “not just as a technological leap, but as a commitment to nurturing a thriving community, fostering innovation and fuelling careers that will shape the landscape for years to come.”
Sources
https://energynews.biz/monarch-energy-plans-426-million-green-hydrogen-hub/