LISBON, Dec 19 (Reuters) - Portugal's Galp Energia expects to begin 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 primarily an oil producer and refiner, said on Thursday.
In 2015 Galp participated in a 75%-25% joint endeavor with 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 each year.
It will change waste materials, such as utilized cooking oils, into sustainable 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 said in a declaration it got 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 establishing low-carbon options vital for the energy transition".
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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