Galp reaches FID on green hydrogen, HVO and SAF projects

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

It confirmed it will invest in the construction of a 100MW electrolysis plant, to produce up to 15 ktpa of renewable hydrogen.

This large-scale project will allow the replacement of about 20% of the existing grey hydrogen consumption of the Sines refinery and may lead to greenhouse gas emissions reduction of c.110 ktpa (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.

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