Monolith Supplies and the Nebraska Public Energy District have signed what might be the most important renewable vitality settlement in Nebraska historical past.
Monolith introduced Monday that it has signed a letter of intent with NPPD for the utility to acquire ample renewable vitality sources to generate 2 million megawatt-hours yearly.
That is sufficient energy to supply Monolith with 100% renewable vitality for the proposed $ 1 billion enlargement of its Olive Creek facility close to Hallam.
Monolith opened a plant in Nebraska final 12 months that produces carbon black, a powdered substance utilized in tires, inks, plastics and different merchandise.
The manufacturing course of, which makes use of pure fuel, additionally produces clear hydrogen as a by-product, and Monolith introduced in October that it could use that clear hydrogen to provide round 275,000 metric tons of anhydrous ammonia yearly as a part of its second section, which will even embrace an enlargement. from the carbon black plant.
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Rob Hanson, Monolith’s co-founder and CEO, mentioned the deal will enable the corporate to have “a big financial affect and on the identical time a small environmental affect.”
NPPD President and CEO Tom Kent mentioned the utility will subject a request for proposals for wind and photo voltaic era in March and expects to have offers by September 1.