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 primarily an oil producer and refiner, said on Thursday.
In 2015 Galp got in into 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 loads per year.
It will change waste materials, such as used cooking oils, into and biojet fuel, also known as sustainable aviation fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar energy.
Galp said in a declaration it received on Wednesday the 3 reactors to process biofuels, which will permit the HVO unit to "produce SAF and biodiesel in 2026 ... putting Galp at the leading edge of establishing low-carbon solutions vital 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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