Entergy Commits to Achieving Net-Zero Carbon Emissions by 2050, Announces New Collaboration with Mitsubishi Power
Entergy Corporation and Mitsubishi Power will work together to develop hydrogen-capable gas turbine combined cycle facilities; develop green hydrogen production, storage and transportation facilities; create nuclear-supplied electrolysis facilities with energy storage; and develop utility scale battery storage systems.
Gulf Coast Carbon Collaborative founding member Entergy Corporation announced today it is accelerating its climate action goals with a commitment to achieving net-zero carbon emissions by 2050. Also today, Entergy and Mitsubishi Power, a world leader in power generation and energy storage, signed a joint development agreement in which they will collaborate to bring decarbonization projects to Entergy’s utility businesses in Texas, Mississippi, Arkansas and Louisiana, including the separate jurisdiction of New Orleans.
Entergy has engaged with Mitsubishi Power because of the company’s demonstrated ability to provide innovative total solutions leveraging multiple technologies to reach decarbonization goals. Mitsubishi Power is a first mover in hydrogen-enabled gas turbine and long- and short-term storage solutions. It also provides the world’s first and only standard integrated green hydrogen packages. The Hydaptive™ and Hystore™ packages optimize integration across renewables, energy storage, and hydrogen-enabled gas turbine power plants, which all work together to create and incorporate green hydrogen — a key to reaching carbonless emissions.
“Entergy’s announcement today reaffirms their already industry-leading commitment to carbon reduction and environmental stewardship in the Gulf Coast,” said Andrew Mangan, Executive Director of the US Business Council for Sustainable Development. “Green hydrogen will be a key strategy for decarbonization in the region; Entergy and Mitsubishi’s innovation in this space will pave the way for future industry collaboration not just on low-to-no-carbon power generation, but potentially a variety of other industrial and commercial applications.”
“Entergy remains focused on helping our stakeholders achieve their most ambitious aspirations in a reliable, affordable and sustainable way through new technologies and innovative solutions. In 2001, we were the first utility in the nation to voluntarily limit carbon emissions and today’s 2050 climate commitment is another major step forward in enabling customers to achieve their desired outcomes while consuming the least amount of resources,” said Leo Denault, Entergy’s chairman of the board and CEO. “As we deliver on our promises to customers, regulators and all key stakeholders, it’s critical that we do so in a manner that promotes a cleaner, more sustainable future.”
About the Gulf Coast Carbon Collaborative: The Gulf Coast Carbon Collaborative is a cross-industry platform designed to mobilize the collective energy and motivation of businesses in the Gulf Coast to create measurable, long-term impact in reducing carbon emissions in the region while enhancing economic vitality. Learn more: https://carbon-collaborative.org
