§45Y Clean Electricity — the technology-neutral PTC
The successor to §45. Any zero-emissions generation qualifies, including new technologies. $0.03/kWh base, 5x with PWA. Tokenized per MWh produced.
The trade
§45Y replaces the technology-specific §45 PTC with a single rule: if your generator has zero greenhouse gas emissions, you qualify. Wind, solar, nuclear, geothermal, hydro — same per-kWh credit, 10-year window.
BV tokenizes per MWh produced, verified via ISO-published meter feeds. The XCT-45Y token includes hourly production timestamp metadata so buyers can match against §45V hourly hydrogen or RFS data center hourly clean-load claims.
OTC Desk
liveBilateral, wire-settled (or stablecoin at buyer's election). No tokenization required. Every IRA credit transaction we've closed to date has happened this way — the proven path.
About the OTC DeskOn-chain marketplace
testnetCredit tokenized as XCT at production. Marketplace bid book; atomic swap for MXD; transfer election booked on-chain. Continuous price discovery, faster settlement.
About §6418 transferabilityMechanics
- Base rate: $0.003/kWh (2026 dollars; inflation-adjusted)
- PWA multiplier: 5x ($0.015/kWh) if prevailing-wage + apprenticeship
- Domestic content bonus: +10%
- Energy community bonus: +10%
- Window: 10 years from placed-in-service date
Trust
- ISO meter feed source for every kWh
- Hourly production timestamp recorded on-chain
- §6418 transferability pre-elected
More from BV Energy
§45Q — Carbon Sequestration
PlannedTokenized §45Q Carbon Oxide Sequestration Credit. $85/ton for industrial CCS, $180/ton for Direct Air Capture, with subsurface storage verification.
§45U — Existing Nuclear
PlannedTokenized §45U Zero-Emission Nuclear Power Production Credit. Up to $0.015/kWh for existing nuclear, scaled inversely with gross receipts to act as a price floor.
§45V — Clean Hydrogen
TestnetTokenized §45V Clean Hydrogen Production Tax Credit. Up to $3/kg for qualifying lifecycle-carbon-verified hydrogen, with on-chain hourly EAC matching.