Geothermal Research and Tech IEA

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Geothermal Research and Tech IEA ( geothermal-research-and-tech-iea )

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Figure 10.8 Concert hall with heating/cooling using heat pumps on thermal piles and groundwater wells, Auxerre town, Burgandy, France in 2010. (Photo courtesy of Ville d‘Auxerre) Figure 10.9 Thermal piles for the Auxerre Concert Hall (left). (Photo courtesy of Ville d‘Auxerre) An important incentive for the development of geothermal projects is an appropriate risk mitigation scheme. Two public schemes exist in France, one for deep geothermal (managed by ̳SAF Environnement‘) and one for shallow (covering only operations on aquifers and called Aquapac). Both of them cover the short term risk (initial flow rate and temperature) and the long term risk (exploitability of the resource during 20 years). The reason to create two separate funds is that the insured amount of money is very different between the deep projects (€ 4.2 M) and the shallow ones (€ 115 k). These two funds are fed jointly by public authorities and by the project owners. They work thanks to the mutualisation and the public funding. However, these schemes do not currently apply for electricity. For electricity, the main measure in 2010 is the new feed-in tariff put in place in July. The geothermal electricity is now bought at an increased price of 130 €/MWh in the overseas departments (instead of 100 €/MWh) and 200 €/MWh in the mainland. A bonus is given if the co-produced heat is also used. 10.4.3 Development Cost Trends There have not been enough deep operations to be able to show some statistics. The main problem for the moment is that there are not enough deep operations to keep the drilling rig in the Paris Basin. It has necessarily an impact on the project costs. 10.5 Status of Geothermal Industry in France 10.5.1 GeneralDescriptionoftheGeothermalIndustry The French industry covers all the activities needed for geothermal (turbine and heat pumps manufacturers, surface and subsurface engineering companies, drillers, etc.). In 2010, most of them chose to gather in a national association dedicated to geothermal, called AFPG, in addition to the existing SER which represent all renewable energies. 105

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