hydrogen economy is more hype than substance
I have said before that hydrogen's usefulness is more as a storage medium than as a source of energy in its own right. But here's a well-referenced assessment of the science by Alice Friedemann, suggesting it isn't of any value even for storage:
The laws of physics mean the hydrogen economy will always be an energy sink. Hydrogen’s properties require you to spend more energy than you can earn, because in order to do so you must overcome waters’ hydrogen-oxygen bond, move heavy cars, prevent leaks and brittle metals, and transport hydrogen to the destination. It doesn’t matter if all of these problems are solved, or how much money is spent. You will use more energy to create, store, and transport hydrogen than you will ever get out of it.
And the conclusion? The energy and environmental challenges facing the world are far too serious to spend effort on dead-end technologies. Policy needs to guide investment based on a firm grasp of both science and geopolitical realities. The risk is that lobby groups will sway government to create misguided incentives, such as the US corn subsidies aimed at ethanol production.