(d) Entry to Energy Attribute Permits (EACs) -(1) Typically. For example, that megawatt-hours out of electricity use to make hydrogen would have to end up being coordinated having one megawatt-hours regarding qualifying EACs. Further, to satisfy that it needs, a taxpayer’s buy and you can old-age from qualifying EACs should also getting recorded inside the an experienced EAC registry otherwise accounting system (since the laid out in paragraph (d)(2)(v) associated with the part) so that the purchase and advancing years of such EACs can be affirmed by a professional verifier (due to the fact defined during the step one.45V5(h)). The requirements of this paragraph (d)(1) use no matter whether the fresh stamina producing business try grid connected, actually connected, otherwise co-receive to your hydrogen creation business.
(ii) Times characteristic certificate. An EAC is generally traded which have otherwise independently regarding fundamental time it signifies. A keen EAC will likely be retired because of the or for their manager, the team with the to claim the newest fundamental characteristics portrayed because of the an enthusiastic EAC. Renewable energy certificates (RECs) or any other comparable time permits awarded by way of an excellent registry or accounting system is actually types of EACs.