Galp Energia currently has an installed capacity of c.175 MW, including cogeneration at the Sines and Matosinhos refineries, which are an important source of natural gas consumption for the Company and also an important source of energy generation for the refineries. These two cogeneration plants represent a consumption of about 450 mm³.
As a provider of integrated energy solutions, Galp Energia created in 2008 a department for trading electricity, which started its operations in September 2009. The purpose was to promote development of the market for electricity with a view to safeguarding the natural gas client base in an unregulated market environment. Galp Energia is one of the few companies in the world with a tri-fuel offer, including gas, electricity and oil products.
Components of Galp Energia's power business