The definition of industrial operations day otherwise COD means the fresh new go out into the and that a facility you to definitely builds strength starts commercial operations
(d) Access to Time Trait Permits (EACs) -(1) As a whole. Instance, one to megawatt-hr off power used to build hydrogen will have to getting paired which have you to megawatt-hour from qualifying EACs. Further, to get to know it demands, a taxpayer’s purchase and you can senior years off qualifying EACs must become recorded in the a qualified EAC registry or accounting system (since the outlined in paragraph (d)(2)(v) of this part) and so the order and you will retirement of these EACs can be verified because of the a qualified verifier (once the defined inside 1.45V5(h)). The needs of that it paragraph (d)(1) pertain no matter whether new power producing studio are grid connected, actually connected, or co-located towards the hydrogen creation facility.
(ii) Times feature certification. An EAC are traded which have otherwise separately on root opportunity it represents. An EAC can be retired because of the or for their proprietor, the team that has the right to claim the new root features illustrated from the an EAC. Renewable energy permits (RECs) and other comparable opportunity permits approved due to a registry or bookkeeping program was forms of EACs.
(iii) Eligible EAC. The phrase eligible EAC means an enthusiastic EAC that, with regards to the power that this new EAC relates, brings, at least, all the information discussed when you look at the sentences (d)(2)(iii)(A) by way of (F) for the area-
(iv) Being qualified EAC. The definition of being qualified EAC setting a qualified EAC that suits the fresh requirements out of paragraph (d)(3) of this area as well as that the satisfaction of these requirements could have been confirmed from the a professional verifier (once the laid out inside the 1.45V5(h)). (more…)