Biofuels

Furthermore, the production of biofuels assures also some security on the supply of biofuels, guaranteeing some level of integration and helping to comply with the biofuel incorporation targets.

Galp operates Enerfuel, an industrial unit in Sines which produces FAME (fatty acid methyl ester) biodiesel from 100% residues through the transformation of used cooking oils and waste animal fats.

It has an installed capacity of 25 kton of biofuel per year, and in 2019 has produced more than 23 kton with an associated 68 kton CO₂ emissions reduction.

In addition, Galp is also producer of Hydrogenated Vegetable Oil (HVO), using a hydrogenation unit in the Sines refinery to co-process vegetable oil together with diesel, resulting in a biodiesel with characteristics similar to fossil fuel. In 2019, it has produced close to 30 kton with an associated 50 kton CO₂  emissions reduction.

Moreover, Galp in its marketing activitity, has incorporated 310 km³ of biofuels incorporated in Portugal and Spain, avoided the emission of 353 kton CO₂, when compared to a fuel of exclusively fossil origin.

Galp will continue to comply with the introduction of biofuels in Iberia in accordance with objectives set by the European Commission and the respective countries.

In compliance with the Renewable Energy Directive (RED I) and national legislation, in 2019 Galp introduced 7.0% of energy content of biofuels on road transport fuels in Portugal and Spain. Galp’s biofuel strategy, in line with the decarbonisation initiative in course, is pushing for the use of residue-based biofuels, which in 2019 represented more than 50% of biofuels feedstock.

Under RED, in 2020, Galp will have to incorporate 10% in energy content of biofuels in Portugal and 8,5% in Spain. Moreover, the new European regulation (RED II) already approved will set the framework for the next decade (2021-30) making a push for advanced biofuels and limiting the use of some feedstocks.