Entergy Texas and Monarch Energy collaborate to advance renewable options in Texas
In Texas, Entergy Texas said it has signed a Memorandum of Understanding (MoU) with Monarch Energy to help advance the energy infrastructure in Southeast Texas. As part of the agreement, Entergy Texas will work with Monarch Energy to leverage existing transmission infrastructure and/or construct new generation resources to supply long-term renewable power to Monarch’s 500-megawatt green hydrogen electrolyzer project 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,” said Eliecer Viamontes, president and CEO of Entergy Texas. “This partnership with Monarch Energy allows us to diversify our generation portfolio while also strengthening the region’s economic development.” Monarch Energy’s hydrogen electrolyzer project represents a potential $500 million investment in the Beaumont region, creating over 500 temporary construction jobs and over 30 permanent operational jobs. Monarch Energy began development of the facility in 2021 and expects to commence commercial operations in 2026.