LISBON, Dec 19 (Reuters) - Portugal's Galp Energia anticipates to start producing biodiesel and biojet fuel from waste in an industrial-scale unit it is developing at its Sines refinery in 2026, the company, which is mainly an oil producer and refiner, stated on Thursday.
Last year 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 loads annually.
It will transform waste materials, such as used cooking oils, into sustainable biodiesel and biojet fuel, also understood as sustainable aviation fuel (SAF), utilizing green hydrogen produced by an electrolyser powered by wind or solar energy.
Galp said in a declaration it received on Wednesday the three reactors to process biofuels, which will allow the HVO unit to "produce SAF and biodiesel in 2026 ... positioning Galp at the forefront of developing low-carbon services important for the energy transition".
Galp is also 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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