HELLENIC PETROLEUM is voluntarily exploring the potential use of bioethanol as a gasoline component through a relevant research program conducted in cooperation with the Fuels and Lubricants Laboratory at the National Technical University of Athens. This research program is investigating the pilot introduction of bioethanol as a raw material for bio-ETBE (ethyltertio-butyl-ether) production, which will be used as a component in gasoline. N.B. Bioethanol can either be blended directly or as an ingredient with gasoline, and can be used in conventional gasoline -powered vehicles.
Biofuels are the only direct substitute for fossil fuels currently available on a large scale. Their use contributes to more environmentally friendly transport, without any further need for major modifications required either in regards to vehicles or distribution networks. Biodiesel, as a fuel that possesses properties similar to those of diesel, can be used in most conventional diesel vehicles.
Biodiesel received and used as a conventional diesel additive.
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Renewable Energy Sources (R.E.S.)
In the field of Renewable Energy Sources (RES), photovoltaic stations (located on Group owned property) with a total nominal power of 1.5 MW and a wind farm of 7 MW in Pylos, Messinia, are already operational. During 2016, 7 photovoltaic projects with a total nominal power of 70 kW were built for self-consumption purposes (net-metering program) for an equal number of EKO and BP liquid fuel stations. There are a further four other photovoltaic projects with a total nominal output of 10.6 MW, as well as 5 biomass electricity and heat generation units (from residual agriculture) with a total output of 25 MW, all in different stages of development.
Moreover, a portfolio of 143 MW of photovoltaic, wind and hybrid projects is also under development in cooperation with LARCO.