News

FDE and the HECO2 Consortium Dedicated to Clean Hydrogen Production by Plasmalyse Technology, Selected by the Government of Wallonia

By July 6, 2023 4   min read  (712 words)

July 6, 2023 |

fde and the heco2 consortium dedicated to clean hydrogen production by plasmalyse technology selected by the government of wallonia

ONTPIERRE, France– FDE, an independent multi-energy producer with a negative carbon footprint, announces the selection by the Walloon government1 of the HECO2-PLASMALYSE HYBRIDE 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.

HECO2 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 Hecosystem 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

About La Française de l’Énergie

FDE is an independent multi-energy producer with a negative carbon footprint, dedicated to developing energy production sites using local resources . FDE supplies local consumers with gas, electricity and heat, thus replacing imported energy with local, cleaner energy. FDE has strong development potential and aims to become a leading independent player in the energy sector in Europe.

More information available on www.francaisedelenergie.fr

Disclaimer

This press release contains certain forward – looking statements and estimates concerning LFDE’s financial condition, operating results, strategy, projects and future performance and the markets in which it operates. Such forward-looking statements and estimates may be identified by words such as “anticipate,” “believe,” “can,” “could,” “estimate,” “expect,” “intend,” “is designed to,” “may,” “might,” “plan,” “potential,” “predict,” “objective,” “should,” or the negative of these and similar expressions. They incorporate all topics that are not historical facts. Forward looking statements, forecasts and estimates are based on management’s current assumptions and assessment of risks, uncertainties and other factors, known and unknown, which were deemed to be reasonable at the time they were made but which may turn out to be incorrect. Events and outcomes are difficult to predict and depend on factors beyond the company’s control. Consequently, the actual results, financial condition, performances and/or achievements of LFDE or of the industry may turn out to differ materially from the future results, performances or achievements expressed or implied by these statements, forecasts and estimates. Owing to these uncertainties, no representation is made as to the correctness or fairness of these forward-looking statements, forecasts and estimates. Furthermore, forward-looking statements, forecasts and estimates speak only as of the date on which they are made, and LFDE undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise, except as required by law.

1 By the Walloon cabinet decision dated June 29 2023

Contacts

Press
[email protected]
+ 33 3 87 04 34 51

Investor Relations
[email protected]
+ 33 3 87 04 34 51

Read the most up to date Fuel Cell and Hydrogen Industry news at FuelCellsWorks

FuelCellsWorks

Author FuelCellsWorks

More posts by FuelCellsWorks
error: Alert: Content is protected !!