Hydrogen Economy Horizon: Technological Innovations, Application Spectrum, and Economic Feasibility

As the global push for decarbonization intensifies, hydrogen has emerged as a key enabler of deep emissions reductions. While today’s hydrogen economy remains predominantly fossil-based, growing momentum around green and low-carbon hydrogen is catalyzing a strategic shift. This transformation is vital for achieving net-zero targets and building a flexible, resilient, and integrated energy system. Despite the progress, many advanced hydrogen technologies are still maturing, offering untapped potential for cost reduction, efficiency gains, and wider adoption.

This report examines the evolving hydrogen technology landscape, with a focus on innovations across production, storage, transport, and end-use applications. On the production side, it highlights advances in green hydrogen through electrolysis, particularly Solid Oxide Electrolysis Cells (SOECs) and Anion Exchange Membrane (AEM) systems, alongside developments in turquoise hydrogen pathways. Storage and transport innovations extend beyond conventional compression or liquefaction, spotlighting novel chemical carriers such as ammonia and Liquid Organic Hydrogen Carriers (LOHCs), as well as solid-state hydrogen storage systems designed for decentralized and mobile uses.

The report highlights how these next-generation technologies are shaping the future hydrogen economy, unlocking new possibilities in industrial decarbonization, clean mobility, and grid-scale energy systems. It explores the key drivers accelerating their development, assesses techno-economic dynamics, and examines policy, funding, and infrastructure enables key for commercialization.

By offering a strategic view of emerging hydrogen innovations, application readiness, and market viability, this report equips stakeholders with actionable insights to navigate the complex transition toward a clean hydrogen-powered future.