LISBON, Dec 19 (Reuters) - Portugal's Galp Energia anticipates to begin biodiesel and biojet fuel from waste in an industrial-scale system it is constructing at its Sines refinery in 2026, the company, which is mainly an oil manufacturer and refiner, said on Thursday.
Last year Galp got in into a 75%-25% joint endeavor with Japan's Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Vegetable Oil (HVO) plant, which will have a production capacity of 270,000 metric loads each year.
It will change waste materials, such as used cooking oils, into renewable biodiesel and biojet fuel, likewise called sustainable air travel fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar energy.
Galp stated in a statement it got on Wednesday the 3 reactors to process biofuels, which will permit the HVO unit to "produce SAF and biodiesel in 2026 ... placing Galp at the leading edge of establishing low-carbon services vital for the energy shift".
Galp is likewise 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
franciscobeaud edited this page 5 days ago