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Hydrogen Under 45V: Analyzing Electricity Availability Under Proposed Rules for the Hydrogen Tax Credit
This report by RMI analyzes the availability of Energy Attribute Certificates (EACs) required to qualify for the US Inflation Reduction Act's 45V Clean Hydrogen Production tax credit. The analysis focuses on the 'three pillars' of the proposed rules—new, nearby, and hourly matched power—and evaluates whether these requirements can be met across seven Regional Clean Hydrogen Hubs (H2Hubs). RMI finds that while there is sufficient projected clean electricity capacity to meet current hub goals, the primary obstacles to scaling the industry are underdeveloped EAC markets, data infrastructure, and physical grid bottlenecks rather than a lack of available clean energy attributes.
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Document type: Report