LISBON, Dec 19 (Reuters) - Portugal's Galp Energia anticipates to begin producing biodiesel and biojet fuel from waste in an industrial-scale unit it is building at its Sines refinery in 2026, the business, which is mostly an oil producer and refiner, said on Thursday.
In 2015 Galp participated in a 75%-25% joint venture with Japan's Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Grease (HVO) plant, which will have a production capability of 270,000 metric loads annually.
It will transform waste materials, such as utilized cooking oils, into renewable and biojet fuel, likewise understood as sustainable air travel fuel (SAF), utilizing green hydrogen produced by an electrolyser powered by wind or solar power.
Galp stated in a declaration it received on Wednesday the 3 reactors to process biofuels, which will enable the HVO unit to "produce SAF and biodiesel in 2026 ... putting Galp at the forefront of establishing low-carbon solutions necessary for the energy shift".
Galp is also investing 250 million euros in a 100 megawatt (MW) electrolyser unit to produce green hydrogen to power the refinery in Sines. ($1 = 0.9637 euros) (Reporting by Sergio Goncalves
1
Portugal's Galp Plans to Start Producing Biofuels In 2025
Kali Port edited this page 3 weeks ago