Renault has announced plans to use geothermal energy to cover the needs of its Douai factory in a one-of-its-kind project, expected to replace 70% of the plant’s natural gas needs.
The geothermal plant is part of a 15-year partnership planned between Renault and the developer, Engie.
Drilling is scheduled to start in late 2023 and reach a 4,000-meter depth, from which it will be drawing hot water at around 130-140 degrees Celsius.
The plant is expected to provide 40 MW of power continuously and be used to cover the industrial and heating requirements of the factory, starting in 2025.
Luca de Meo, Renault Group’s CEO, stated that this is “one of the most ambitious decarbonization projects on a European industrial site”.
This geothermal plant is part of Renault’s actions to achieve net zero carbon emissions in Europe by 2030 and worldwide by 2050.
Sources: www.cnbc.com, media.renaultgroup.com, www.thinkgeoenergy.com
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