The expression specified brush hydrogen development facility setting one accredited brush hydrogen production studio-
(2) In terms of and therefore no borrowing from the bank might have been welcome lower than section 45V or 45Q of your own Password, as well as for which the taxpayer helps make an irrevocable election for part forty-eight(a)(15) apply; and you can
In the example of a designated clean hydrogen production studio you to was created and you can reasonably expected to build accredited brush hydrogen due to a procedure that contributes to an effective lifecycle GHG pollutants rates from:

(3) By which an unrelated team has confirmed in how given within the part (e) in the area one to particularly studio produces hydrogen by way of a system you to definitely leads to lifecycle greenhouse gasoline (GHG) pollutants that will be consistent with the hydrogen that such as for instance facility try tailored and you may anticipated to create below section forty eight(a)(15)(A)(ii) and section (c) in the point.
(i) Not greater than cuatro kilograms away from carbon equivalent (CO2e) each kilogram away from hydrogen, and not less than 2.5 kilograms regarding CO2e for each and every kg of hydrogen, the power fee was step one.dos percent;
(ii) Lower than 2.5 kilograms of CO2e each kg regarding hydrogen, and never lower than step 1.5 kilograms out of CO2e for each kilogram from hydrogen, the energy payment try step one.5 percent;
(iii) Below step one.5 kilograms away from CO2e for each and every kg out of hydrogen, and not below 0.45 kilograms off CO2e for each kilogram regarding hydrogen, the ability percentage try 2 percent; and
Hydrogen one to a studio is designed and relatively anticipated to generate setting hydrogen delivered because of a procedure that results in the latest lifecycle GHG pollutants rates specified on annual confirmation statement described in paragraph (e)(2) in the part on the nonexempt 12 months where election is generated
(d) Some time and a style of deciding to make the election -(1) Typically. (more…)