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 building at its Sines refinery in 2026, the company, which is primarily an oil producer and refiner, said on Thursday.
In 2015 Galp got in into a 75%-25% joint venture with to invest 400 million euros ($415 million) in the Hydrogenated Grease (HVO) plant, which will have a production capacity of 270,000 metric heaps annually.
It will change waste products, 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 stated in a declaration it got on Wednesday the three reactors to process biofuels, which will enable the HVO system to "produce SAF and biodiesel in 2026 ... putting Galp at the forefront of establishing low-carbon options essential for the energy shift".
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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