Monarch Energy exploring building its $426M green hydrogen facility in Ascension Parish

In Louisiana, Monarch Energy is exploring building a $426 million facility in Ascension Parish. 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 expects to create 44 new direct jobs with an average annual salary of more than $63,000. It also 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.