Hydrogen storage for a net-zero carbon future
If a hydrogen economy is to become a reality, along with efficient and decarbonized production and adequate transportation infrastructure, deployment of suitable hydrogen storage facilities will be crucial. This is because, due to various technical and economic reasons, there is a serious possibility of an imbalance between hydrogen supply and demand. This paper evaluates the relative merits and techno-economic features of major types of hydrogen storage options: (i) pure hydrogen storage, (ii) synthetic hydrocarbons, (iii) chemical hydrides, (iv) liquid organic hydrogen carriers, (v) metal hydrides, and (vi) porous materials. The paper also discusses the main barriers to investment in hydrogen storage and highlights key features of a viable business model, in particular the policy and regulatory framework needed to address the primary risks to which potential hydrogen storage investors are exposed.