One of the most abundant element and high in energy Hydrogen does not occur naturally occur as gas on the Earth. Hydrogen Economy is defined as delivering energy using economy. Hydrogen consists of one atom and one electron. Industrial production of Hydrogen is 4 trillion cubic feet annually. Hydrogen is produced through extraction process called as reforming where heat is applied for the separation of Hydrogen from Carbon. It is transported through the pipeline from its production unit over the road in cryogenic liquid tanker trucks or gaseous tube trailers or rail or barge. However research is going on to produce hydrogen naturally form the natural gas using the process of Proton Exchange Membrane Fuel. Hydrogen is used as fuel good as the energy extracted from it is stored and used further. Energy derived from Hydrogen can be delivered to fuel cells and further for the generation of electricity and heat or even for the combustion process. Being good source of energy Hydrogen is also used as fuel for “zero emission’’ vehicles and even fuels the aircraft. Vehicles fuelled with Hydrogen are more energy efficient and use nearly 60% of the fuels energy with 50%reduction in fuel consumption as compared to the conventional vehicle with a gasoline internal combustion. In future, there are chances of using Hydrogen for the electricity generation.