French TLS Geothermics and Storengy/ ENGIE sign geothermal cooperation agreement

Signing of TLS Geothermics and Storengy/ ENGIE (Source: TLS/ ENGIE)
Alexander Richter 19 Jun 2017

French firms TLS Geothermics and Storengy/ ENGIE have signed a cooperation agreement in the field of high-temperature geothermal energy on two exclusive research permits in France.

French geothermal operator and developer TLS GEOTHERMICS and French energy group STORENGY have signed a partnership in the field of high-temperature geothermal energy, particularly on two exclusive Research Permits located in France.

The objective of the cooperation is to demonstrate the viability of the exploitation of geothermal systems in basement rocks, while collaborating on other common R&D subjects. New research permits may also be filed jointly, in France and in Europe.

TLS Geothermics is a France-based operator and developer with two pending geothermal licenses in the French Massif Central. The company focuses its work on geoscience innovation and research & development (geology & geophysical technology). The company is also providing consulting services in geothermal geology.

Storengy is a subsidiary of French energy utility ENGIE and works as a key player within the ENGIE group on the development of geothermal energy. ENGIE is working on two geothermal projects in Indonesia and has been granted with three exploration permits in Mexico (with Reykjavik Geothermal), as we have reported before

Source: Twitter and company statements by email