LISBON, Dec 19 (Reuters) - Portugal's Galp Energia anticipates 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 mainly an oil producer and refiner, said 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 Vegetable Oil (HVO) plant, which will have a production capability of 270,000 metric lots each year.
It will change waste materials, such as used cooking oils, into sustainable biodiesel and biojet fuel, also known as travel fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar power.
Galp stated in a statement it got on Wednesday the three reactors to process biofuels, which will allow the HVO unit to "produce SAF and biodiesel in 2026 ... placing Galp at the leading edge of developing low-carbon services necessary 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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