(d) Access to Opportunity Feature Certificates (EACs) -(1) Generally. Such as for example, you to megawatt-time regarding power press the site used to establish hydrogen would have to end up being coordinated which have that megawatt-hours out-of being qualified EACs. Then, to meet it specifications, a taxpayer’s buy and you will old age of being qualified EACs should also getting registered during the an experienced EAC registry or accounting program (due to the fact outlined inside paragraph (d)(2)(v) from the point) and so the purchase and you may later years of these EACs can be verified from the a qualified verifier (while the laid out in the 1.45V5(h)). The requirements of so it part (d)(1) pertain it doesn’t matter if the newest energy creating studio is actually grid connected, individually linked, or co-found to the hydrogen manufacturing studio.
(ii) Energy feature certification. An enthusiastic EAC could be exchanged that have otherwise separately on the root energy it represents. An EAC is going to be retired because of the otherwise for their manager, the class with the directly to claim brand new underlying qualities portrayed from the a keen EAC. Renewable power licenses (RECs) and other similar opportunity licenses approved as a consequence of a registry otherwise accounting system is actually different EACs.
(iii) Qualified EAC. The definition of eligible EAC function an EAC you to definitely, with respect to the fuel that new EAC applies, provides, at least, all the information explained inside the sentences (d)(2)(iii)(A) using (F) associated with the area-
(iv) Qualifying EAC. The definition of qualifying EAC means a qualified EAC that meets brand new criteria out-of paragraph (d)(3) associated with area as well as for which the fulfillment ones criteria might have been verified by the an experienced verifier (as the discussed when you look at the step one.45V5(h)).
(v) Licensed EAC registry otherwise bookkeeping system. The term accredited EAC registry or accounting program function a tracking system you to definitely-
(E) Brings an openly obtainable look at (eg, using a credit card applicatoin programming software) of all of the already inserted generators from the record system to quit the fresh new duplicative registration from generators.
The term opportunity feature certification (EAC) form a great tradeable contractual tool, given because of an experienced EAC registry otherwise accounting program (just like the laid out when you look at the part (d)(2)(v) for the section), one signifies the power popular features of a particular unit of your time produced
(vi) Part. The expression part means a location produced by brand new Federal Transmission Need Research which was released because of the DOE to your . Alaska, The state, and every You.S. territory might possibly be handled as the independent places.
(3) Qualifying EAC conditions. A qualified EAC match the needs of this part (d)(3) if it matches the requirements of sentences (d)(3)(i) as a result of (iii) with the part.
An uprated electricity promoting facility’s production must be prorated to each hours of these facility’s age group from the multiplying the production each time or yearly, similar to the criteria during the part (d)(3)(ii) with the part, of the uprated design price to determine the strength to which brand new uprate relates
(i) Incrementality. An EAC matches the needs of it part (d)(3)(i) if this matches the needs of part (d)(3)(i)(A) otherwise (B) for the point. Section (d)(3)(i)(C) for the section brings an example that portrays the effective use of part (d)(3)(i)(B) of section.
(A) An enthusiastic EAC meets the needs of that it paragraph (d)(3)(i)(A) in case your energy generation facility one delivered the product off strength that brand new EAC relates keeps an excellent COD that’s zero more 36 months through to the hydrogen development studio in which the newest EAC are retired try listed in services.
(B) Uprates. The phrase uprate form an increase in an energy generating facility’s ranked nameplate ability (when you look at the nameplate megawatts). The phrase pre-uprate ability function brand new nameplate capability of an electricity generating facility immediately ahead of an enthusiastic uprate. The word post-uprate capabilities mode new nameplate capacity regarding an electrical energy promoting studio once a keen uprate. The expression progressive age bracket strength function the increase when you look at the an electricity creating facility’s rated nameplate capability regarding pre-uprate power to the fresh article-uprate capabilities. The expression uprated development price mode this new progressive age bracket skill (from inside the nameplate megawatts) divided by the post-uprate strength (from inside the nameplate megawatts). The word uprated design setting brand new uprated manufacturing price of a keen power promoting business increased because of the its complete age bracket efficiency (during the megawatt hours).
