LISBON, Dec 19 (Reuters) - Portugal's Galp Energia expects to begin producing biodiesel and biojet fuel from waste in an industrial-scale unit it is developing at its Sines refinery in 2026, the business, which is mainly an oil manufacturer and refiner, said on Thursday.
In 2015 Galp participated in a 75%-25% joint endeavor with Japan's Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Grease (HVO) plant, which will have a production capacity of 270,000 metric lots per year.
It will change waste products, such as utilized cooking oils, into renewable biodiesel and biojet fuel, likewise referred to as sustainable air travel fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar power.
Galp stated in a declaration it got on Wednesday the 3 reactors to process biofuels, which will permit the HVO unit to "produce SAF and biodiesel in 2026 ... positioning Galp at the forefront of establishing low-carbon solutions necessary for the energy shift".
Galp is likewise 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
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Portugal's Galp Plans to Start Producing Biofuels In 2025
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