Monarch Energy

Apr 7, 2023

Daily Energy Insider Published on April 07, 2023 by Dave Kovaleski © Shutterstock Entergy Texas and Monarch Energy have formed a partnership to help advance the energy infrastructure in Southeast Texas. The memorandum of understanding enables Entergy Texas to build new generation resources to supply renewable power to Monarch Energy’s 500-megawatt green hydrogen electrolyzer project, which is under construction near Beaumont, Texas. “Southeast Texas is growing at a rapid pace, and it’s essential we make investments that help power that growth and support a resilient electric system,” Eliecer Viamontes, president and CEO of Entergy Texas, said. “This partnership with Monarch Energy allows us to diversify our generation portfolio while also strengthening the region’s economic development.” Monarch Energy began developing its hydrogen electrolyzer facility in 2021 and expects to commence commercial operations in 2026. This represents a potential $500 million investment in the Beaumont region. It will create more than 500 temporary construction jobs and over 30 permanent operational jobs. Entergy Texas has a workforce with the skillset needed to support hydrogen innovation. “Monarch is excited to be working with a best-in-class partner in Entergy Texas,” Ben Alingh, co-founder and CEO of Monarch Energy, said. “Securing a reliable supply of clean power is critical to the success of our green hydrogen project in Beaumont.” Entergy Texas provides electricity to 499,000 customers in 27 counties in Texas.