Gas formation is decided by each interfacial electrode potential and reaction kinetics, rather than by comparing the terminal cell voltage directly with 1.23 V. On the conditional model above, the cathode potential is V versus the standard hydrogen electrode. At unit proton activity and unit hydrogen pressure this is above the hydrogen equilibrium potential, so hydrogen evolution is not favored there. The anode is at V, below the unit-activity oxygen equilibrium potential of 1.23 V, so oxygen evolution is likewise not favored at the intended point. Neither gas is expected in that model, despite a terminal voltage near 2 V; 1.2 V is lost in the electrolyte.
Without the missing cathodic kinetic information, the exact cathode potential is not fixed, so the hydrogen conclusion is conditional. Locally depleted copper ions, increased current, electrode blocking or strong passivation can move an interface into gas evolution. Actual proton/oxygen/hydrogen activities shift equilibrium through the Nernst equation, and gas nucleation and activation barriers further affect observable bubbles. A reference electrode at each interface and direct gas observation distinguish these effects from an increased solution-resistance drop.

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