Entergy Texas and New Fortress Energy Partner to Advance Hydrogen Economy in Southeast Texas | Whuff News


Media Center > Entergy Texas and New Fortress Energy partner to advance hydrogen economy in Southeast Texas

Early Release

10/19/2022

Pictured left to right: Brannen McElmurray, managing director, chief development officer at New Fortress Energy and Eliecer "Eli Viamontes"president and CEO at Entergy Texas.

Pictured from left to right: Brannen McElmurray, managing director, chief development officer at New Fortress Energy and Eliecer “Eli Viamontes”, president and CEO at Entergy Texas.

Pictured left to right: Brannen McElmurray, managing director, chief development officer at New Fortress Energy and Eliecer "Eli Viamontes"president and CEO at Entergy Texas.

Pictured from left to right: Brannen McElmurray, managing director, chief development officer at New Fortress Energy and Eliecer “Eli Viamontes”, president and CEO at Entergy Texas.

The companies are signing an MOU of cooperation in several important areas to develop a sustainable hydrogen economy

BEAUMONT, Texas – Entergy Texas and affiliate New Fortress Energy Inc. (NASDAQ: NFE) recently entered into a partnership agreement to develop renewable energy and hydrogen infrastructure. The partnership will help accelerate the green hydrogen economy in Southeast Texas.

As part of the agreement, Entergy Texas will work with NFE to upgrade existing transmission infrastructure and build a new high-side substation and transformer connection at the site of NFE’s 120 megawatt industrial-scale green hydrogen plant near Beaumont, Texas.

“The New Fortress Energy Center is an important development for Southeast Texas, and Entergy Texas is excited about this partnership,” said Eliecer Viamontes, president and CEO of Entergy Texas. “This project, in addition to the proposed Orange County Superhydrogen Power Station, points to the future of the hydrogen industry.”

Expected to be one of the largest in North America, the NFE facility will use industry-leading proton membrane electrolysis (PEM) technology from Plug Power (NASDAQ: PLUG) for the production of more than of 50 per day (TPD) of green hydrogen. With the development of additional supporting facilities, this facility will be increased to approximately 500 megawatts.

The signed agreement between NFE and Entergy Texas, a non-binding memorandum of understanding, sets the framework for NFE and Entergy Texas to cooperate in other key areas, including (i) development of renewable generation facilities, (ii) commercial sales. of green hydrogen from the NFEs facility to Entergy Texas’ Super Power Station in Orange County and/or other power plants in Entergy Texas’ operating portfolio, and (iii) pipelines and underground hydrogen storage to strengthen the green hydrogen value chain and the reliability of the electricity supply. for Entergy customers in Southeast Texas.

Last year, Entergy Texas applied for approval for OCAPS, a 1,215-megawatt, dual-fuel combined cycle power plant that will be powered by a combination of natural gas and hydrogen. The production of electricity using hydrogen as a fuel source produces zero carbon emissions.

“We are proud to partner with Entergy, a leading provider of reliable and sustainable electricity, as we expand our green hydrogen initiatives,” said Wes Edens, Chairman and CEO of New Fortress Energy. “We believe Southeast Texas is the ideal location for our first green hydrogen facility and look forward to bringing potential solutions to meet the critical needs of industrial customers throughout the region alongside Entergy and our other partners.”

New Fortress Energy expects to begin commercial operations at its first green hydrogen plant as early as 2024. The US Gulf Coast region.

Entergy Texas operates in the Midcontinent Independent System Operator energy market and has reliably served customers in Southeast Texas for decades.

The company plans to invest more than $2.5 billion by the end of 2024 to build a cleaner, more sustainable, and sustainable energy future in the region.

About Entergy Texas
Entergy Texas, Inc. provides electricity to more than 486,000 customers in 27 regions. Entergy Texas is part of Entergy Corporation, a Fortune 500 company headquartered in New Orleans. Entergy provides life to 3 million customers through its operating companies throughout Arkansas, Louisiana, Mississippi and Texas. Entergy is creating a future of cleaner, more sustainable energy for everyone with our diverse energy generation portfolio, including carbon-free energy sources. With roots in the Gulf South region for more than a century, Entergy is a recognized leader in corporate citizenship, providing more than $100 million in economic benefits to local communities through philanthropic support and advocacy efforts every year for the past several years. Our approximately 12,500 employees are dedicated to empowering life today and for generations to come.

About the Power of the New Castle
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to help address energy poverty and accelerate the global transition to reliable, affordable, and clean energy. The company owns and operates natural gas and liquefied natural gas (LNG), vessels, and assets to rapidly deliver turnkey energy solutions to global markets. Together, the company’s assets and operations seek to support global energy security, enable economic growth, strengthen environmental stewardship, and transform domestic industries and communities around the world.




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