June 18 2024 - FDE buys back some of its share issued capital via its buy-back program June 13 2024 - FDE buys back some of its share issued capital via its buy-back program
Bourse FDE.PA 29.85 EUR-6.28%

News

FDE announces the discovery of natural hydrogen in the Lorraine mining basin

15 May 2023

Pontpierre, France, May 15th 2023 – FDE (Euronext : FDE – ISIN : FR0013030152), an independent multi-energy producer with a negative carbon footprint, announces that it has discovered significant concentrations of natural hydrogen (known as “white or native hydrogen”) in one of the wells previously drilled by FDE in Eastern France.

As part of the Regalor research project carried out in collaboration with the University of Lorraine and the CNRS, an innovative program of measurements deployed on the Folschviller well site has indeed enable to quantify significant levels of dissolved hydrogen in the Carboniferous aquifer, at different depths.

Philippe de Donato and Jacques Pironon, Directors at the GeoRessources Lab (University of Lorraine / CNRS) thus declared: “The work carried out within the framework of the Regalor project has made it possible to demonstrate that the fluids within the carboniferous formations of the Lorraine mining basin are very significantly enriched in hydrogen, with a measured concentration of 15% at 1,093m depth and estimated at 98% at 3,000m depth. The next measurement campaigns planned by FDE will make it possible to assess more precisely the potential for exploiting this strategic resource for the ecological transition.”

FDE has thus submitted an application for an exclusive mining exploration permit known as the “Trois-Évêchés Permit” for the exploration of natural hydrogen (H2) in the Lorraine mining basin.

The permit covers an area of 2,254 km², in the Grand-Est region. In this context, FDE is already planning to carry out new hydrogen concentration measurements in three existing wells in order to further enrich studies on the mechanisms of formation, transfer and production of white hydrogen in the Lorraine geological context. A site for a pilot will be identified on the basis of the results obtained and then built to initiate local production and recovery of natural hydrogen in the Grand-Est Region.

This natural hydrogen exploration permit is part of the Group’s development strategy in the H2 ecosystem of the Greater Region (Grand Est, Wallonia, Luxembourg, Sarre and Rhineland-Palatinate) with the objective to provide local production of ecologically and economically competitive energies to the inhabitants, industrials and communities of these territories, all major energy consumers. This project will also benefit from the future commissioning of MosaHYc carried by GRTgaz and CREOS, which will allow the transportation of H2 via a 100% hydrogen cross-border pipeline.

With this discovery and the ongoing development of strategic gas, hydrogen and CO2 storage projects in Lorraine, FDE once again demonstrates the rich potential of the Lorraine basin and the Group’s positioning as a leading player in the circular economy of the territories that are aiming at reducing their carbon footprint.

 

Next announcement:

July 20th, 2023 – FY 2023 revenues

Documents

Press release

Promises won't impact
climate change.
Your local resources, will.

Climate change is an undeniable reality. We can already see its serious consequences for our planet. It is now urgent to act.

At FDE, we refuse to participate in initiatives that generate pollution beyond our borders, even if they reduce the carbon footprint of our local territories. Whether it is a question of carbon footprint or pollution, there are no limits.

It is our duty to build sustainable energy solutions that move towards global carbon neutrality. Today, the most resilient and sustainable energy solution is even more self-evident: it is imperative that energy remains local, within short supply chains, as close as possible to the needs of local communities and consumers.

Considering these, at FDE, we are taking actions and offering tailor-made, local multi-energy solutions.

By making the most of local resources, our offer enables us to provide territories with energies with a triple benefit: reduced carbon footprint, economically competitive and contributing to the socio-economic development of the area. We choose abandoned sites, make the most of the potential of local suppliers and service providers, and participate in a local center of expertise that involves universities, local authorities and associations in the local energy project.

FDE lacks neither the resources nor the know-how to deploy tailor-made energy solutions for everyone and for the planet.

Our engineers embrace the energy transition with a pragmatic view.

Recovering abandoned mine gas avoids fatal gas emissions into the atmosphere, while local coal gas reduces the need to import much more carbon-intensive gases. Abundant solar energy is both local and renewable.

To support the energy transition, at FDE, we are constantly innovating, looking for new solutions for the future, such as hydrogen, a decarbonized energy, or CO2 sequestration in coal.

In addition, all energy produced by our Group is designed to be more virtuous. All these processes therefore make FDE the only French energy producer with a negative carbon footprint.

HSE POLICY

In accordance with its values and code of ethics, and with the aim of pursuing the objective of:

  • Guarantee the integrity of our assets,
  • Ensure a safe and healthy working environment for its employees and subcontractors,
  • Guarantee the health and safety of all personnel working on and off-site,
  • Limit environmental impact.

 

FDE wishes to promote the following HSE principles:

Identify, prevent and control impacts and risks to health, safety, security and the environment,

Develop the company's activities in a sustainable and eco-responsible manner,

Improve the working environment for its employees and subcontractors.

Consequently, FDE undertakes to:

Ensure the rigorous application of regulatory procedures in force with respect to safety, health, environment and the preservation of public security,

Impose operational management with advanced criteria for environmental protection, pollution prevention and energy optimization, as part of the ecological transition,

Systematically verify compliance with HSE principles through audits and practical exercises, with the aim of continuously improving the system and its performance,

Define indices and performance indicators for monitoring HSE activities and promote benchmarking to identify areas for improvement,

Encourage employee participation and involvement in health, safety and environmental protection processes through training and creation of tools for sharing experience and knowledge.

This culture of risk prevention and control applies to all employees, partners and suppliers. It involves setting concrete objectives and deploying action plans as part of a continuous improvement process to better anticipate tomorrow's challenges. This policy is reviewed annually, as are the associated indicators and targets.

Antoine FORCINAL
Directeur Général,