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FDE and the HECO2 consortium dedicated to clean hydrogen production by Plasmalyse technology, selected by the government of Wallonia

5 July 2023

Pontpierre, France, July 5th 2023 – FDE (Euronext : FDE – ISIN : FR0013030152), an independent multi-energy producer with a negative carbon footprint, announces the selection by the Walloon government[1] of the ?????-?????????? ??????? consortium to promote the use of carbon-free hydrogen in the region’s energy mix by 2050.

This consortium is made up of several leading Belgian and international industrial and research players: FDE’ subsidiary in Belgium named Gazonor Benelux, AGC Glass Europe, GATE2, EDF Luminus, Vanheede Environment Group, the Polytechnic University of Mons (UMONS) and the Materia Nova research center.

????? is a project that aims to build a clean hydrogen production pilot by Hybrid Plasmalysis. This patented technology consists of transforming different sources of methane into clean hydrogen and solid and renewable carbon forms (black carbon, graphite, graphene) without emitting CO2 into the atmosphere.

The final objective is the construction of a plant of 15,000 tons of hydrogen and 45,000 tons of carbon materials at the end of the project, with particular focus to the reduction of direct CO2 emissions from the plant.

This project will also confirm the possibilities of using different local methane sources in Wallonia (Biomethane, mine gas, etc.) and qualify certain qualities of solid carbon produced by this process.

Julien Moulin, Chairman of FDE declared: “The decision of the Walloon government to support this project aimed at producing clean hydrogen from the local resources available in Wallonia is a major step forward for the energy transition of the Region! This decision, which is perfectly in line with the ambitious objectives set by the European Union to achieve climate neutrality by 2050, will make it possible to accelerate the promotion of the use of carbon-free hydrogen in the future energy mix of the Region. FDE is therefore very proud to participate in this development. “.

This project is perfectly in line with the Group’s broader development strategy in the H2 ecosystem of the Greater Region (Grand Est, Wallonia, Luxembourg, Saarland and Rhineland-Palatinate) focused on providing local energy production ecologically and economically competitive to the inhabitants, industrialists and communities of these areas.

With these new projects, FDE once again demonstrates the Group’s positioning as a leading player in the circular economy of the territories to further reduce their carbon footprint and resilience.

Next announcement:

July 20th, 2023 – FY 2023 revenues

[1] By the Walloon cabinet decision dated June 29th 2023

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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,