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The IRS’ Hourly Time-Matching Provision – A Prescient Boon or A Stymieing Bane?
In December 2023, the Internal Revenue Service (IRS) – the tax authority in the U.S. under the U.S. Department of Treasury – provided guidance on the three main criteria governing eligibility of green H2 to IRA incentives, namely:
Among the announced rules, perhaps the most controversial is the requirement for hourly time-matching between renewable power generation and green H2 production.
Register your details to receive an article where Hasan Tarique utilises AFRY’s hydrogen optimisation tools to explore the impact of time-matching on the overall economics of green H2 production.
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