Hydrogen Energy Storage Market Share, Size, Global Trend, Forecast till 2030 – Delvens

The global Hydrogen Energy Storage Market size is projected to reach a CAGR of 7.3% from 2023-2030.

Hydrogen is produced through the electrolysis of water and the gas is stored in medium or large-sized containers according to the requirements. The gas can be converted into energy in a combustion engine or a fuel cell. Usually, hydrogen energy is stored in three forms; liquid, solid, and gaseous form. Store hydrogen in gas form, requires high high-pressure tanks, whereas it can be stored in liquid form only under cryogenic temperature. Hydrogen storage is widely used in fuel cell technologies for stationary power and transport applications.