Louisiana is Playing an Increasingly Critical Role in the Global LNG Supply Chain
Louisiana is Playing an Increasingly Critical Role in the Global LNG Supply Chain
Liquefied natural gas (LNG) production and exports are booming in Louisiana and set to grow further. Though demand for LNG has been increasing for several years, it surged in Europe following Russia’s invasion of Ukraine, further elevating Louisiana’s longstanding prominence in the global energy supply chain.
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Louisiana Solar Power Generation is Growing
Louisiana Economic Development
Louisiana has the potential to generate up to 13,000 megawatts of solar power, equivalent to the state’s total electricity demand.
Louisiana has a warm and sunny climate, making it an ideal location for solar power generation. The state has an average of 216 sunny days per year, higher than the national average.
Louisiana has large, flat expanses of land that can be used for solar panel installations.
Workforce and Innovation Power Louisiana’s Emerging Offshore Wind Sector
Louisiana Economic Development
The state’s location on the Gulf of Mexico makes it a natural fit for offshore wind, offering shallow waters with moderate average wave heights.
The federal government selected the first two areas for offshore wind development in the Gulf of Mexico in 2022, clearing the way for offshore wind turbines south of Lake Charles.
Louisiana has a well-established industrial infrastructure and provides dock space needed to handle incoming goods. The state also has the existing facilities needed to convert steel and composites into finished products, such as blades and foundations, and the prowess for offshore installation.
Offshore wind in the Gulf of Mexico could eventually generate 10% of all U.S. wind energy.
People
Ben Fontenot
Louisiana Economic Development
Director Business Development
India Bellard
Louisiana Economic Development
Director, Business Development
Jason Lanclos
Louisiana Economic Development
Director, State Energy Development and Planning
Marlene Janetos
Louisiana Economic Development
Director of Engagement
Description
Louisiana boasts three of the nation’s seven LNG export terminals, with more facilities planned.
Nearly 50,000 miles of integrated pipelines crisscross every major highway, railroad and navigable waterway in the state.
Located outside of Lafayette, the Henry Hub is a natural gas pipeline that serves as the official delivery location for New York Mercantile Exchange (NYMEX) futures contracts.
The state holds 8% of the nation’s natural gas reserves.
Nearly 50,000 miles of integrated pipelines crisscross every major highway, railroad and navigable waterway in the state.
Located outside of Lafayette, the Henry Hub is a natural gas pipeline that serves as the official delivery location for New York Mercantile Exchange (NYMEX) futures contracts.
The state holds 8% of the nation’s natural gas reserves.
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