Geothermal Energy in the Spotlight : Marc Ferracci French Minister for Industry and Energy Visiting the Site of Arverne Group at Paris Charles de Gaulle

Artistic representation for Geothermal Energy in the Spotlight : Marc Ferracci French Minister for Industry and Energy Visiting the Site of Arverne Group at Paris Charles de Gaulle

A New Era for Geothermal Energy in France

The Arverne Group, a leading player in the geothermal energy sector, has made a significant move to promote the development of this renewable energy source in France. On January 2, 2025, the company welcomed Marc Ferracci, the minister in charge of Industry and Energy, to its geothermal drilling site at Roissy Paris-Charles de Gaulle airport.

The Importance of Geothermal Energy

Geothermal energy is a clean and sustainable source of power that harnesses the heat from the Earth’s core to generate electricity. As the world continues to grapple with climate change, geothermal energy is becoming increasingly important as a reliable and renewable alternative to fossil fuels. France, in particular, has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy sources.

A New Partnership for Geothermal Development

The visit by Minister Ferracci to the Arverne Group’s geothermal drilling site marks a significant step forward in promoting the development of geothermal energy in France.

The Geothermal Doublet Solution: Harnessing Europe’s Natural Heat

The geothermal doublet solution is a pioneering approach to harnessing the Earth’s natural heat to provide renewable energy. This innovative method involves drilling two separate wells to extract the heat from the Earth’s crust, which will then be used to supply a specific location with a continuous and reliable source of energy.

How it Works

The geothermal doublet solution relies on the principle of heat extraction from the Earth’s crust. Two wells are drilled, one for the hot fluid and one for the cold fluid. The hot fluid is extracted from the Earth’s crust and used to heat a fluid, which is then pumped into the cold fluid well. This process creates a continuous cycle of heat extraction and transfer, allowing for a steady supply of renewable energy. Key benefits of the geothermal doublet solution: + Renewable and local energy source + Continuously available energy + Reduced greenhouse gas emissions + Low operating costs

The Project’s Goals and Objectives

The geothermal doublet solution is designed to supply the second-largest airport in Europe with renewable, local, and continuously available energy. The planned installation will produce up to 80 GWh/year of heat, which will be used to power the airport’s heating systems.

Arverne Group’s mission is to provide clean energy solutions that are both sustainable and cost-effective.

The Vision Behind Arverne Group

Arverne Group’s vision is centered around harnessing the vast potential of underground resources to create a more sustainable future.

www.arverne.earth 1 Arverne Drilling Services: a subsidiary of Arverne Group View source version on businesswire.com: https://www.businesswire.com/news/home/20250102278441/en/ Contacts: Media Relations: communication@arverne.earth arvernegroup@image7.fr Investor Relations: investor.relations@arverne.earth alexandre.commerot@seitosei-actifin.com © 2025 Business Wire

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