Annual Production that Qualifies for the $3 Tax Credit Under Various Weather Performance

A large discrepancy exists in amount of hydrogen that can be produced under an annual accounting system with different weather performance.

In an annual accounting system, the producer would have to reduce production by 24% to maintain access to the $3/kg subsidy. If the offtake agreement specified a 30,000 tons per year delivery requirement, the project would violate the contract. In an hourly accounting system, the project could produce the required volume with a lower tax credit rate for the 24% of missed hours.
Source: Internal RMI Analysis Get the data Created with Datawrapper