LISBON, Dec 19 (Reuters) - Portugal's Galp Energia anticipates to start 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, stated on Thursday.
Last year Galp got in into 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 tons each year.
It will transform waste materials, such as utilized cooking oils, into renewable biodiesel and biojet fuel, also understood as sustainable air travel fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or .
Galp said in a statement it received on Wednesday the three reactors to process biofuels, which will allow the HVO system to "produce SAF and biodiesel in 2026 ... placing Galp at the leading edge of establishing low-carbon services vital 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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