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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 building at its Sines refinery in 2026, the business, which is mainly an oil producer and refiner, stated on Thursday.
Last year 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 transform waste materials, such as utilized cooking oils, into and biojet fuel, also called sustainable aviation fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar power.
Galp said in a declaration it got on Wednesday the 3 reactors to process biofuels, which will enable the HVO system to “produce SAF and biodiesel in 2026 … putting Galp at the leading edge of developing low-carbon solutions vital for the energy transition”.
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
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