The IRS and Treasury face a fierce fight over how a massive green hydrogen tax credit included in the IRA will be implemented.
, a non-profit and the largest North American credit tracking system, can provide hourly REC tracking across North America as a service.
Forcing hydrogen producers to match their energy consumption hourly and on a location specific basis will is "a better approximation of reality," said Deane. Without this trifecta of accounting standards, hydrogen producers could run their electrolyzers 24-7, drawing from fossil fuel sources at night or when there is no wind energy, then claim to offset it by getting credits from wind farms or solar farms that would've produced that energy anyway, explainsAn imbalance in supply and demand for RECs is also a factor.
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