Entergy Texas and New Fortress Energy (NFE) have signed an MoU (memorandum of understanding) for collaboration on several key areas to develop an industrial-scale hydrogen-supported economy. The new agreement will aid the acceleration of the green hydrogen economy in southeast Texas.
Entergy Texas will work with NFE to leverage existing infrastructure and construct a new substation and transformer connection on NFE’s 120-megawatt industrial-scale green hydrogen plant near Beaumont.
The facility is expected to be one of the largest of its kind in North America and will leverage industry-leading proton exchange membrane (PEM) electrolysis technology from Plug Power to produce over 50 tonnes per day of green hydrogen.
The MoU sets the framework for collaboration in several areas, including the development of new renewable resources, commercial offtake of green hydrogen from NFE’s facility to Entergy Texas’ Orange County Advanced Power Station and/or other power plants, and pipelines and underground hydrogen storage to progress the green hydrogen value chain and the resilience of power supply to Entergy Texas’ customers in Southeast Texas.
NFE anticipates commencing commercial operation as early as 2024 and plans to invest over $2.5 billion (€2.5 billion) by the end of 2024 to build a cleaner, more resilient, and sustainable energy future for southeast Texas.
