Portugal's Galp Plans to Start Producing Biofuels In 2025

LISBON, Dec 19 (Reuters) - Portugal's Galp Energia expects 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, stated on Thursday.

In 2015 Galp participated in a 75%-25% joint endeavor with to invest 400 million euros ($415 million) in the Hydrogenated Grease (HVO) plant, which will have a production capability of 270,000 metric heaps annually.

It will transform waste materials, such as used cooking oils, into sustainable biodiesel and biojet fuel, also called sustainable aviation fuel (SAF), utilizing green hydrogen produced by an electrolyser powered by wind or solar power.

Galp said in a statement it got on Wednesday the three reactors to process biofuels, which will allow the HVO system to "produce SAF and biodiesel in 2026 ... putting Galp at the leading edge of establishing low-carbon solutions essential 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;-RRB-