cover image: 45V Hydrogen Tax Credit in the Inflation Reduction Act: Comparing Hourly and Annual Matching - Aaron Bergman

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45V Hydrogen Tax Credit in the Inflation Reduction Act: Comparing Hourly and Annual Matching - Aaron Bergman

13 Feb 2024

Many of the on the debate over the implementation of the 45V tax scenarios require overbuild of clean electricity to meet credit in the Inflation Reduction Act, which subsidizes the hourly matching constraint, which means that, to the production of clean hydrogen. [...] In the Princeton ZERO Lab scenarios (A), the lines show a range, and the labels near each dot indicate the size of the electrolyzer in gigawatts, the assumed price of hydrogen per kilogram, and hourly or annual matching. [...] The prices shown here do not include between the hourly-matching and annual-matching the value of the 45V tax credit, which would reduce the scenarios are the cost of the clean energy (either costs by $3.00, assuming that these scenarios would procured directly or purchased in the form of EACs) and qualify for the highest tier of the credit.6 the capacity factor of the electrolyzer. [...] In the Princeton ZERO Lab scenarios (A), the lines show a range, and the labels near each dot indicate the size of the electrolyzer in gigawatts, the assumed price of hydrogen per kilogram, and hourly or annual matching. [...] In the Princeton study, the highest EAC prices occur in In the MITEI study, the highest costs are in the the four scenarios with the highest LCOHs.
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United States of America