| Title | The French Geothermal Risk Guarantee System |
|---|---|
| Authors | S. Bézèlgues-Courtade, F. Jaudin |
| Year | 2008 |
| Conference | GeoFund Workshop |
| Keywords | |
| Abstract | The French guarantee system is a financing system used to cover geological risks. It is based on two complementary mechanisms: 1. A short-term procedure based on the socialisation of risks which guarantees the result of the first well drilled. 2. A long-term procedure which begin at the starting-up of the facilities and guarantees the sustainability of the resource and the risk of total or partial depletion during 15 years of operation. |