Genvia governance is established with a Board
of Directors from Genvia partner companies, and the definition of a
clear roadmap of ambitious milestones for the development and
industrialization of solid oxide technologies.
Schlumberger New Energy, the CEA and partners have announced
Florence Lambert as the CEO of the Genvia clean hydrogen production
technology venture, effective March 1, 2021. Florence brings more
than 20 years of experience in new energy technologies and was
previously CEO of CEA-LITEN in Grenoble, France.
“Florence has been a respected voice at the forefront of energy
transition technology development for a number of years. We are
delighted that she has chosen to bring her experience and passion
to the leadership of Genvia. We believe that hydrogen is a critical
energy carrier that will enable countries to meet their
decarbonization ambitions,” said Ashok Belani, Executive Vice
President Schlumberger New Energy.
In the next 30 years, hydrogen production could account for 20%
of total energy demand, according to the Hydrogen Council. Genvia’s
technology development and industrialization activities will be in
step with the anticipated strong growth of the hydrogen economy.
Genvia will provide innovative early solutions through strategic
alliances in different industries.
“Genvia brings together an extraordinary group of partners, to
foster the new ecosystem needed to accelerate the development and
industrialization of affordable clean hydrogen production. I am
particularly delighted to have the opportunity with Genvia to
create business and employment growth while making an impact on
climate change,” said Florence Lambert, the newly appointed Genvia
CEO.
The Genvia Board of Directors will have high-level executive
representation from its founding partners:
- François Jacq, Chairman and Philippe Stohr, Energy Division
Director, CEA
- Ashok Belani, Executive Vice President New Energy, and Olivier
Peyret, Chairman of France, Schlumberger
- Guy Sidos, Chairman and CEO, Vicat
- Pascal Baylocq, CEO Geostock, (VINCI Construction)
- Simon Munsch, Services Director, Occitanie Region.
The Genvia high-performance solid oxide electrolyzer technology
developed by the CEA is fully reversible, giving it the flexibility
to switch between electrolysis and fuel cell functions. Genvia
technology design will enable a 30% higher electricity conversion
efficiency per kg of hydrogen produced, bringing the cost of
producing clean hydrogen down to a level that competes aggressively
with other sources of energy.
Leveraging Schlumberger technology industrialization experience,
the first Genvia manufacturing pilot line will be established at a
Schlumberger manufacturing facility in Béziers in 2021. Genvia will
also set up a Technology Centre co-located with the CEA in
Grenoble, France, to accelerate the maturing of the technology
through the industrialization process.
Genvia will participate in a series of demonstration projects
with partners in different use cases for the industrial, energy and
mobility sectors. These demonstration projects will pave the way
for the development of the full value chain for the utilization of
hydrogen as the clean energy carrier of choice. The different
demonstration projects are expected to range from 300 kW systems in
2023 to larger systems with megawatt capacities in 2024.
Based on the results of the pilot line and demonstration
projects, investment into the building of a giga factory for the
production of solid oxide electrolyzer and fuel cell stacks is
expected to launch in 2025. The production ramp of the giga factory
will enable Genvia to meet the gigawatt deliveries of electrolyzers
and fuel cells, which the market is anticipated to demand at an
accelerated pace in 2030 and beyond.
About Schlumberger New Energy
Schlumberger is the world's leading provider of technology to
the global energy industry. Schlumberger New Energy explores new
avenues of growth by leveraging Schlumberger’s intellectual and
business capital in emerging new energy markets, with a focus on
low-carbon and carbon-neutral energy technologies. Its activities
include ventures in the domains of hydrogen, lithium, carbon
capture and sequestration, geothermal power and geoenergy for
heating and cooling buildings.
About CEA
The CEA is a key player in research, development and innovation
in four main areas: energy transition, digital transition,
technology for the medicine of the future and defense and security.
With a workforce of 20,000 people, based in nine French sites
equipped with very large-scale research infrastructures, the CEA
actively participates in collaborative projects with a large number
of academic and industrial partners, in France, Europe and
worldwide. According to the Clarivate 2019 ranking, the CEA is the
first French research organization, in terms of number of patents
filed in France and Europe.
The CEA invested through its fully owned subsidiary CEA
Investissement, a unique tool for a public research organization.
It is assisted and operated by Supernova Invest, the CEA’s private
equity partner, which brings its in-depth experience of
cutting-edge technologies towards more than 140 investments in
deeptech companies, including in the hydrogen industry. www.cea.fr
www.supernovainvest.com
About VINCI Construction
A subsidiary of VINCI, VINCI Construction, is a global player
and European leader, active on five continents, with more than
72,000 employees and 830 companies generating revenue of €14.9
billion in 2019. Structured according to an integrated model, the
company has the capacity to intervene over the entire life cycle of
a structure (finance, design, construction, maintenance) in eight
sectors: buildings, functional structures, transport
infrastructure, hydraulic engineering, renewable and nuclear
energy, the environment, hydrogen and gas sector, and mines.
www.vinci-construction.com
About Vicat
With almost 200 years of experience, the Vicat Group develops a
top-class offering of mineral and bio-based construction materials.
In following the trajectory it has set itself for carbon neutrality
throughout its value chain, the Group operates three core lines of
business: Cement, Ready-Mixed Concrete and Aggregates, as well as
related activities. Still family-run, the Company has almost 9,950
employees, and generated consolidated sales of €2.7 billion in
2019. The Group operates in twelve countries: France, Switzerland,
Italy, the United States, Turkey, Egypt, Senegal, Mali, Mauritania,
Kazakhstan, India and Brazil. More than 60% of its sales are
generated outside France. www.vicat.com
About AREC, an investment company in the Occitanie
Region
Tool of the Occitanie Region, AREC suggests energy transition
solutions to territories. The Agency endeavors to offer actors
adapted solutions, whether they are turnkey or specific, depending
on the contexts of the actors in the territories of Occitanie.
Neutral, it has an objective vision of solutions. A trusted third
party for regional actors and serving the general interest, AREC's
added value lies in its unique support across the entire energy
transition value chain: from upstream to the realization and
financing of projects. The Occitanie Region has also always
positioned itself as a pioneer in the development of the hydrogen
sector in its territory. This wish was illustrated in 2019 by the
adoption of an unprecedented Green Hydrogen Plan, endowed with €150
million, which should make it possible to achieve the objective of
becoming the leading positive energy region in Europe by 2050. AREC
has actively participated in the deployment of the “green hydrogen”
sector in the region since 2016, as an actor of the energy
transition in Occitanie. The Agency provides technical support and
invests in innovative production and distribution projects in order
to deploy hydrogen ecosystems that respect the environment. Thus,
AREC is already involved in major projects in Occitanie such as the
HyPort project and the Hyd'Occ project. www.arec-occitanie.fr
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of the U.S. federal securities laws — that is,
statements about the future, not about past events. Such statements
often contain words such as “expect,” “may,” “believe,” “plan,”
“estimate,” “intend,” “anticipate,” “should,” “could,” “will,”
“likely,” “goal,” and other similar words. Forward-looking
statements address matters that are, to varying degrees, uncertain,
such as the extent to which hydrogen will account for the world’s
future energy demands; zero emissions goals, anticipated growth of
the hydrogen economy and the level of acceptance of hydrogen in
global decarbonization, greenhouse gas (“GHG”) emissions reduction
goals and other forecasts or expectations regarding global climate
change. These statements are subject to risks and uncertainties,
including, but not limited to, the level of acceptance of hydrogen
in global decarbonization; the inability to achieve net zero goals;
the inability to recognize intended benefits of Genvia’s business
strategies and initiatives; the inability to produce hydrogen at
costs competitive to other sources of energy; legislative and
regulatory initiatives addressing environmental concerns, including
initiatives addressing the impact of global climate change; and
other risks and uncertainties detailed in the companies’ public
filings, including Schlumberger’s most recent Forms 10-K, 10-Q, and
8-K filed with or furnished to the U.S. Securities and Exchange
Commission. If one or more of these or other risks or uncertainties
materialize (or the consequences of such a development changes), or
should underlying assumptions prove incorrect, actual outcomes may
vary materially from those reflected in our forward-looking
statements. The forward-looking statements speak only as of the
date of this press release, the parties disclaim any intention or
obligation to update publicly or revise such statements, whether as
a result of new information, future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210208005653/en/
Media Giles Powell – Director of Corporate Communication,
Schlumberger Limited Tel: +1 (713) 375-3494
communication@slb.com
Tuline Laeser – CEA Tel: +33 1 64 50 20 97 presse@cea.fr
Investors Ndubuisi Maduemezia – Vice President of
Investor Relations, Schlumberger Limited Joy V. Domingo – Director
of Investor Relations, Schlumberger Limited Tel: +1 (713) 375-3535
investor-relations@slb.com
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