Cloud Hosting

Published by Poppy Clements, Editorial Assistant Hydrocarbon Engineering, Tuesday, 26 Sep 23

Galp has reached final investment decision (FID) on two large scale projects to reduce the carbon footprint of the Sines refinery and of its products.

Galp and Mitsui are joining forces to produce and market advanced biofuels from Sines by creating a 75/25 joint venture (JV) and invest in a large scale 270 000 tpy unit adjacent to the Sines refinery.

The unit will use waste residues to produce renewable diesel (hydrotreated vegetable oil [HVO]) and sustainable aviation fuel (SAF), allowing to avoid c.800 000 tpy of greenhouse gas (GHG) emissions (Scope 3, CO2e), when compared to its fossil fuels alternatives.

The plant will use Axens technology and Technip Energies has been selected as the main Engineering, Procurement and Construction Management (EPCM) provider.

The total investments in the new plant are estimated at c.400 million.

Galp will also invest in the construction of a 100 MW electrolysis plant, to produce up to 15 000 tpy of renewable hydrogen.

This large-scale project will allow the replacement of approximately 20% of the existing grey hydrogen consumption of the Sines refinery and may lead to GHG emissions reduction of approximately 110 000 tpy (Scope 1 &2, CO2e).

The electrolysers will be supplied by renewable power, originated from long-term supply agreements, also leveraging on the Galp renewable power asset base. The unit will use industrial recycled water, with expected annual consumption representing less than 3% of the average annual needs of the refinery.

Plug Power was awarded the order for the 100 MW proton exchange membrane (PEM) electrolysers, whilst Technip Energies will be the main EPCM provider.

The total investments for this green hydrogen project are estimated at c.250 million.

This article has been tagged under the following:

Downstream news Oil refinery news Europe downstream news

Continued here:

Galp reaches FID on two large scale projects - Hydrocarbon Engineering