If clean hydrogen is not a significant contributor to the U.S. energy mix by the 2030s, it won’t be because Congress and the Biden administration didn’t try. First, last year’s Bipartisan Infrastructure Law provided the Department of Energy (DOE) with up to $8 billion to support the development of several regional hydrogen hubs, plus another $1 billion to back efforts to halve the cost of producing hydrogen via renewables-powered electrolysis. Then, this year’s Inflation Reduction Act (IRA) provided tax credits for investing in new production facilities and producing clean hydrogen — incentives generous enough to spur announcements for at least an initial round of multibillion-dollar projects. In today’s RBN blog, we discuss highlights from our new Drill Down Report on the variety of hydrogen-hub proposals the feds will be reviewing.
RBN Energy’s US CO₂ Infrastructure map brings together legacy Enhanced Oil Recovery (EOR) assets, as well as announced large-scale Carbon Capture and Sequestration (CCS) and Carbon Capture, Utilization and Sequestration (CCUS) projects, all in our signature concise, accurate, and intelligible style.
Given the magnitude of the financial support and the desire of public and private entities to be part of the energy transition, it’s understandable that the DOE received a host of hydrogen-hub concept papers from project proponents by last month’s deadline. The department hasn’t provided any details, but a number of states, groups of states, public/private partnerships and others have indicated that they submitted proposals — and a small handful have made at least part of their concept papers public. Over the past several weeks, the DOE has been reviewing the concept papers it received and providing initial feedback. Full-and-final applications must be submitted by April 7, 2023.
The DOE expects to notify the winners next fall and complete award negotiations with them in the winter of 2023-24. It’s anticipated that most of the selected proposals will each receive between $500 million and $1 billion in federal support — that’s not chump change! — though it’s possible that a proposal could receive as little as $400 million or as much as $1.25 billion, depending on its size and need.
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About the song
“You're the One That I Want” was written by John Farrar and appears as the fourth song on side one of Grease: The Original Soundtrack from the Motion Picture. Sung by John Travolta and Olivia Newton-John, it was released as the second single from the album in May 1978. It went to #1 on the Billboard Hot 100 Singles chart, sold more than 15 million copies worldwide, and has been certified Platinum by the Recording Industry Association of America (RIAA). “You’re the One That I Want” was one of two numbers that John Farrar wrote for Olivia Newton-John’s appearance in the film that were not in the original stage musical. Personnel on the record were: John Travolta, Olivia Newton-John (lead vocals); David Hungate (bass ... check out the groovin’ bass lines on this song); Ollie Brown (drums); John Farrar, Tommy Tedesco and Dennis Budimir (guitars); Louis St. Louis and Greg Mathieson (keyboards); and Eddie “Bongo” Brown, Larry Bunker, Victor Feldman and Antoine Dearborn (percussion).
Grease: The Original Soundtrack from the Motion Picture was recorded in 1977-78 at Filmways/Wally Heider Recording Studios, United Western, and Hollywood Sound Recorders in Hollywood, and Criteria Studios in Miami. Produced by Louis St. Louis, John Farrar, Barry Gibb, Albhy Galuten, and Karl Richardson, the album was released in April 1978 in conjunction with the release of the movie. It went to #1 on the Billboard 200 Albums chart and has been certified 8x Platinum by the RIAA. Besides Travolta and Newton-John, the album also featured performances by Frankie Valli and Sha Na Na. Six singles were released from the LP.
John Travolta is an American actor, singer, and dancer. He has released five studio albums, four soundtrack albums, two compilation albums and 31 singles. Olivia Newton-John was a British-Australian singer and actress. She released 26 studio albums, six live albums, 14 compilation albums and 70 singles and has sold more than 100 million records worldwide. She died in August 2022 at the age of 73.
