Galp electric mobility
Galp has developed an electric transportation strategy focused on an integrated commercial offering, through the inclusion of electric transportation solutions in our commercial offer, and the implementation of a network of fast-charging points in Portugal and Spain.
The acquisition of Mobilectric in 2021 gave an extra impulse to rapidly increasing the network of charging points operated by Galp. By the end of the year these totalled 1,146 charging stations in Portugal and 40 in Spain, 197 of which are fast charging stations. Sales of electricity for mobility increased to 3.4 GWh and correspond to an estimated 4.8 ktons of avoided CO2 emissions.
We have continued to seek to meet our customers’ expectations, which is why since 2016 Galp has provided Evologic diesel and gasoline, a new fuel range with additives allowing greater savings, extended engine life and greater efficiency.
Galp Solar is Galp’s strategy for the development of decentralised energy production from renewable sources, based on smaller scale solar power generation systems and services aiming at maximising energy consumption and efficiency both to B2B and B2C segments.
At the end of 2021, Galp Solar already has an installed capacity of c.13 MW, covering more than 4,000 clients in Iberia.
During the year, the brand also developed relevant projects on Galp’s assets, making our service stations and refining activities more sustainable. At Galp’s Sines refinery, Galp Solar is installing solar panels with a capacity of 21 MW, corresponding to 10% of our refinery electrical needs.
Galp Energy Solutions
Through our energy solutions segment, Galp offers its clients a wide range of services specifically designed to meet the needs of the industry, buildings and transport segments in the national market. Through energy performance contracts, implemented using the ESCO (Energy Service Companies) model, and energy implementation projects, Galp supports its clients in the reduction of their energy consumption and costs and avoiding greenhouse gas emissions.
Galp Energy Solutions implemented energy efficiency solutions in 13 customers, helping to lower their energy consumption and providing energy from less intensive energy sources. These projects are estimated to have avoided 700 tonCO2e.
Galp, through GoWithFlow, is promoting an integrated solution for its customers, in transition to electrification, including charging, fleet management and vehicle sharing systems.
During 2021, GoWithFlow already established business development teams in the U.K. and Spain and has secured contracts with more than 8,000 mobility assets (vehicles and charging stations).
Vehicle-to-Grid Technology (V2G)
Galp is leading the V2G pilot project in Azores, which allows electric car batteries not only to receive but also to supply power to the electric grid.
The 10 EVs in the project have so far consumed 82 MWh and injected 45 MWh back on the grid.
Hydrogen, the energy of the future
Galp is developing two green hydrogen projects to accelerate the decarbonization of the Sines hub. One of these projects consists in the development of a 100 MW electrolyser in Sines, currently working on the basic engineering as well as on securing key support mechanisms for the Final Investment Decision.
In parallel, Galp is co-leading, together with EDP, a consortium comprised of 13 European entities that submitted an R&D project to the EU “Green Deal Fund” and was awarded a €30 m grant for the development of a 100 MW electrolyser.
Additionally, and in order to accelerate the learning curve, Galp is developing a 2 MW pilot in Sines expected to start production in 2023.
Energy Impact Partners
Energy Impact Partners is a global venture capital fund investing in the world’s best industrial and energy scaleups, that promotes partnerships between their LPs (Global top corporations) and their portfolio companies.
In 2021, Galp increased its participation in this venture capital fund and has been involved in innovative ventures, looking at bringing in some as new business partners that will help Galp successfully navigate the energy transition.