LISBON, Dec 19 (Reuters) - Portugal's Galp Energia anticipates to start producing biodiesel and biojet fuel from waste in an industrial-scale system it is developing at its Sines refinery in 2026, the company, which is mostly an oil producer and refiner, stated on Thursday.
In 2015 Galp entered into a 75%-25% joint venture 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 heaps per year.
It will change waste materials, such as oils, into eco-friendly biodiesel and biojet fuel, likewise called sustainable aviation fuel (SAF), utilizing green hydrogen produced by an electrolyser powered by wind or solar power.
Galp stated in a statement it received on Wednesday the three reactors to process biofuels, which will permit the HVO unit to "produce SAF and biodiesel in 2026 ... putting Galp at the forefront of developing low-carbon services necessary 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
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Portugal's Galp Plans to Start Producing Biofuels In 2025
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