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APPENDIX B: FINANCIAL VIABILITY ANALYSIS OF EXPORT-ONLY ELECTROLYZER PROJECTS
This appendix provides a financial viability analysis of 'export-only' electrolyzer projects in the United States, which utilize co-located new clean energy resources and allow for opportunistic electricity sales to the grid. The analysis concludes that such projects, which comply with the three principles of additionality, deliverability, and hourly time-matching, are competitive across large portions of the U.S., suggesting that rigorous 45V tax credit guidance regarding lifecycle greenhouse gas emissions would not hinder industry growth.
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Document type: Research paper
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