LISBON, Dec 19 (Reuters) - Portugal's Galp Energia expects to start producing biodiesel and biojet fuel from waste in an industrial-scale unit it is constructing at its Sines refinery in 2026, the business, which is primarily an oil manufacturer and refiner, stated 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 capacity of 270,000 metric heaps each year.
It will change waste products, such as utilized cooking oils, into and biojet fuel, likewise referred to as sustainable aviation fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar power.
Galp said in a declaration it received on Wednesday the three reactors to process biofuels, which will permit the HVO system to "produce SAF and biodiesel in 2026 ... putting Galp at the forefront of developing low-carbon services essential for the energy transition".
Galp is likewise investing 250 million euros in a 100 megawatt (MW) electrolyser system 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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