LISBON, Dec 19 (Reuters) - Portugal's Galp Energia anticipates to begin producing biodiesel and biojet fuel from waste in an industrial-scale unit it is constructing at its Sines refinery in 2026, the company, which is mainly an oil producer and refiner, stated on Thursday.
In 2015 Galp entered into a 75%-25% joint endeavor with Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Grease (HVO) plant, which will have a production capability of 270,000 metric loads each year.
It will transform waste materials, such as utilized cooking oils, into renewable biodiesel and biojet fuel, likewise called sustainable aviation fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar energy.
Galp said in a statement it got on Wednesday the three reactors to process biofuels, which will permit the HVO unit to "produce SAF and biodiesel in 2026 ... positioning Galp at the forefront of establishing low-carbon services essential 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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