Local Energy - Positive Impact
Hydrogen development strategy in Lorraine
March 7th 2024
FDE : MAKING NET ZERO HAPPEN
Developing the leading negative carbon energy producer
Present on all key sustainable energies
With a pan European footprint
Trusted by Tier 1 Partners
On track to achieve its FY26 objectives
-
3,5 Million tons of CO2eq emissions currently avoided annually*
Power - Gas - H2 - Heat
Producing in 4 countries: France - Belgium - Norway - Bosnia
C. 50 staff members in 5 locations
World Class clients : Engie, EDF, Gazel…
Strong financing partners: Rothschild AM, SocGen, BPI, ING Stable shareholders (Allianz, Amundi, Arbevel, HSBC…)
On track to achieve over 100 M€ of revenues and 50 M€ of EBITDA by FY 2026
- 1,4 Million tons are certified - Sources: 2019 Ineris certification updated with a Global Warming Potential of 82,5 (AR6 - IPCC) and including the Béthune and Avion 7 site (FDE extrapolation), 2022 Polytechnic University Mons study
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FOCUS ON THE LORRAINE DEVELOPMENT… LORRAINE: 41 SITES CERTIFIED BY SPROULE
GERMANY
Dilingen | Völkingen | Sarrebrucken |
MosaHYc pipeline
BLEUE LORRAINE
GAS CONCESSION
Saint- Avold | |
Pontpierre | Lachambre |
Headquarters | |
First test site | |
GRAND EST (France)
10 KM
Bleue Lorraine Concession (100% FDE) - valid until 2040
Valorisation options
87 billions m3 of gas | H2 Hydrogen |
resources | Gas |
TO BE CONVERTED INTO | Power |
LOW CARBON H2
Heat
CO2 Storage
Reserves | Development plan | Production lease granted | Hydrogen studies | 1st site production |
Certification (2016) | (2016 -2023) | (November 2023) | (2023-2024) | (2027) |
1 - Certified Contingent Ressources (2C) Bleue Lorraine, and surrounding areas (MHA, 2018)
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…INCLUDING THE LATEST MAJOR NATURAL DISCOVERY
Dillingen | |
« Trois Evêchés » Permit Application | |
« Bleue Lorraine » Concession | Saarstahl |
MosaHYc | |
CarlHyng | |
EmilHy | |
FOLS-1A |
Significant discovery made in Folschviller (FOLS-1A)
Application for the « Trois Evêchés » permit (>2000 km2) submitted to secure the licence
- Evaluation of potential
- Pilot well
- Production test and certification
New consortium REGALOR II with planned appraisal program
- FDE
- Academic partners (universities, research labs)
- Institutional partners (national surveys, research centers)
- Industrial partners (listed companies, SME)
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MARKET POTENTIAL: H2 & BLACK CARBON
Strategic location: 5 km away from the the MosaHYc (Moselle Saar Hydrogen Conversion) pipeline
Integrated into the Grande Region Hydrogen (GRH) initiative to develop a hydrogen ecosystem in the Grande Région, including Saarland (Germany), Lorraine (Grand Est) and the Grand Duchy of Luxembourg where large H2 consumers are operating
Consumption of H2 (excluding grey H2) is estimated to reach 20 billion tons by 2030 representing a market in excess of EUR 60 billion according to EU commission
Positioning black carbon as an added value by-product
Market for black carbone is estimated to EUR 11 billion and includes the following industries* :
Tyres (67 %)
Rubber (25 %)
Paints, surface treatments, inks, etc. (8 %)
* Etude Enerka, 2019
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A KEY PROJECT FOR THE REGION AND AN EXAMPLE FOR EUROPE
Industry /
Mobility
HH | H2 |
Lorraine
Bassin
Natural H2
Production
Plasma
Pyrolysis
Black
Carbon
Gas Production
CO2
Capture
Injection &
Storage
CRYO PUR
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LOW CARBON HYDROGEN PRODUCTION
1st axis: Developing low carbon hydrogen
15 years of work - Nearly €50 million invested by FDE
Important gas resources present in Lorraine coal: c. 87 billion m3 (2C)
42 production sites identified on the Bleue Lorraine concession granted in 2023
Objective: Replace imported energy with a low carbon H2 production
CH4 → C(s) + 2H2 | POWER | ||
H2
Plasma Pyrolysis | |
Technology under development | |
Produces carbon black/graphene as by-product | Plasma |
No CO2 production | Reactor |
Potentially competitive production cost | |
compared to green H2 |
Solid carbon
Illustration of a thermal plasma pyrolysis process
Code Reuters : FDEL. PA - Code Bloomberg : FDE.FP
WITH NATURAL H2 PRODUCTION AND CO2 CAPTURE AND RE-USE
2nd axis: Developing natural hydrogen
6 years of work in partnership with the University of Lorraine and the CNRS and the support of the Region and the State (State- Region Pact) - Nearly €5 million invested by FDE
Very high natural H2 concentration: 6.8% measured at 808m depth, 15% measured at 1093m
Objective: Set up local production of natural hydrogen
3rd axis: Developing CO2 capture to decarbonize industries and combine with H2
6 years of work in partnership with the University of Lorraine and the CNRS and the support of the Region and the State (State- Region Pact) - Nearly €5 million invested by FDE
Significant CO2 storage capacity demonstrated in the laboratory in Lorraine coal and possibility to enhance CBM production
Possibility to develop E-fuels
IMPLEMENTATION OF A UNIQUE CIRCULAR ECONOMY
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PLASMA PYROLYSIS : STANDARD MODULE APPROACH
PLASMA PYROLYSIS | Replicating the cogeneration business: |
Production of black carbon - no CO2 emission | Modular and replicable |
Within the existing regulatory framework
Modular approach / upscaling
Opportunity to create additional value selling black carbon
No competitor onshore Europe
Limited exposure for FDE: each selected site meets economical criteria
Industrial approach: standard module Ability to replicate during ramp-upphase
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H2 ECONOMICS IN BLEUE LORRAINE
Total CAPEX
Per28 M€ standard
Site
OPEX AND LOCAL
TAXES
2,3 M€ /year
PAY-BACK
< 7 years
ANNUAL ANNUAL
PRODUCTION REVENUES
680,000 kg H2 | 4,2 M€ |
2,200 Ktons black carbon | 2,6 M€ |
IRR
> 10%
Minimum 2 to 4 Sites to be installed each year during 14 years
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Disclaimer
La Française de l’Energie SA published this content on 07 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 March 2024 14:16:04 UTC.