Geothermal Energy Project at Paris-Charles de Gaulle Airport
In an exciting development for renewable energy, Arverne Drilling Services, a subsidiary of Arverne Group (FR001400JWR8, ARVEN), has embarked on a significant drilling project at the renowned Paris-Charles de Gaulle Airport. This initiative, executed for the ADP Group, showcases a substantial commitment to decarbonization and sustainability within airport operations.
Understanding the Geothermal Doublet
At the core of this project is the creation of a geothermal doublet, which involves drilling two distinct wells. These wells will extract geothermal energy from a depth of 1,800 meters, harnessing natural heat by drawing water that reaches up to 70°C. The state-of-the-art drilling equipment utilized for this project has been provided by the esteemed partner, Herrenknecht Vertical.
Renewable Energy Production Levels
The geothermal energy extracted will be channeled to Terminal 1, providing a reliable source of renewable energy, which is an essential factor in reducing the airport's dependence on traditional energy sources. With an anticipated production capacity of up to 80 GWh per year, this project significantly bolsters the airport's sustainability goals along with energy cost stability over time.
Positive Economic Impact
Beyond the environmental advantages, the geothermal initiative fosters local economic development. The project is set to engage approximately 75 workers during the drilling and construction phases, which include five dedicated roles focused on integration programs for the local workforce. This aspect highlights the dual benefit of advancing green energy while also supporting employment.
Leadership's Vision on Geothermal Energy
"This project demonstrates the ability of geothermal energy to meet the industry’s decarbonization needs. We are proud to bring Arverne Group’s expertise to this initiative, which will enable the ADP Group to benefit from a local, renewable energy source that stabilizes its energy costs over the long term and reduces its carbon footprint. We firmly believe that underground resources, particularly geothermal energy, are key solutions for the energy transition," stated Pierre Brossollet, founder and Chairman & CEO of Arverne Group.
About Arverne Group
Founded in Pau in 2018, Arverne Group has established itself as a leader in harnessing underground resources for renewable energy. The company is dedicated to transforming these resources into sustainable energy solutions that benefit local communities. As an integrated industrial player, Arverne Group manages the entire value chain, from exploration and drilling to production and sales. With an aim to excel in geothermal energy and related by-products such as low-carbon geothermal lithium, they are progressing towards their goal as the leading geothermal energy provider in France.
As part of their ambitious vision, Arverne Group operates several subsidiaries, including 2gré (which focuses on the sale of geothermal heat) and Lithium de France (which specializes in both geothermal heat and the extraction and sale of geothermal lithium).
Frequently Asked Questions
What is the main goal of the geothermal project at the Paris airport?
The primary aim is to establish a sustainable and renewable energy source that helps reduce carbon emissions and stabilizes energy costs for airport operations.
How deep will the geothermal wells be drilled?
The geothermal wells will be drilled to a depth of 1,800 meters to access geothermal heat.
What are the expected heating production levels from this initiative?
The project is expected to produce up to 80 GWh of heat per year for the airport's energy needs.
How does this project contribute to the local economy?
The project will create around 75 jobs during its drilling and construction phases, promoting local employment and engagement.
Who is leading the geothermal project?
The project is led by Arverne Drilling Services, a subsidiary of Arverne Group, under the guidance of its founder Pierre Brossollet.
