‘All-of-the-Above’ Energy Transition Strategy Powers Economic Expansion and Emissions Reduction

Louisiana continued to demonstrate in 2022 how action on climate change can spur economic growth. By balancing continued support for vital oil and gas interests with an aggressive pursuit of hydrogen, solar, wind, alternative fuels, electric vehicle battery and CO2 emissions-reduction projects, the state emerged as a leader in the transition to clean energy even as it reinforced its critical role in the global LNG supply chain. A commitment to decarbonization has combined with new ideas and an established energy workforce and infrastructure advantages to position Louisiana for long-term economic growth.
Energy Transition Powered by New Investment

Several well-established offshore oil and gas companies from Louisiana are contributing to developments in offshore wind energy. Gulf Island Fabrication furnished the four-legged, latticed foundation turbine platforms at the Block Island Wind Farm in Rhode Island. (Credit: LED)

2020-22 Energy Transition Projects

$26.9 Billion

Capital Investment

16

Energy Transition Projects

10,691

Total New Jobs

2020-22 Energy Transition Project Wins

$9.2 Billion

Gron Fuels

1,025

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: West Baton Rouge | Region: Capital

$800 Million

ElementUS

200

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: St James | Region: Southeast

$825 Million

Renewable Energy Group (REG)

60

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Ascension | Region: Capital

$4 Million

Avant Organics

40

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Rapides | Region: Central

$700 Million

Louisiana Green Fuels

76

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Caldwell | Region: Northeast

$40 Million

Arq

12

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: St Charles | Region: Capital

$550 Million

Bia Energy Operating Company

75

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Caddo | Region: Northwest

$4.5 Billion

Air Products

170

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Ascension | Region: Capital

$70 Million

Delta Biofuel

126

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Iberia | Region: Acadiana

$550 Million

PBF Chalmette Refinery

20

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: St Bernard | Region: Southeast

$750 Million

Origin Materials

200

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Ascension | Region: Capital

Feb 15, 2022

$176 Million

Syrah Technologies

36

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Concordia | Region: Central

Apr 11, 2022

$900 Million

Cleco

30

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Rapides | Region: Central

Jun 14, 2022

$800 Million

Arbor Gas

32

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: West Baton Rouge | Region: Capital

Aug 5, 2022

$198.5 Million

CF Industries

12

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Ascension | Region: Capital

Aug 17, 2022

$2 Billion

CF Industries

103

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Ascension | Region: Capital

Oct 31, 2022

$7.5 Billion

Clean Hydrogen Works

350

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Ascension | Region: Capitol

“In Louisiana, we have the natural resources, the ingenuity, the geology, the people and the infrastructure to transform the power industry as we know it.”

Bill Fontenot, President and CEO - Cleco Corporate Holdings LLC