SWOT ANALYSIS OF HYDROGEN ECONOMY

Abstract

The paper deals with the types of hydrogen production, methods for its storage and transport, and possibilities of
end use of hydrogen. The basics of the hydrogen economy are briefly described and then the SWOT analysis of
the hydrogen economy is performed. The strengths, weaknesses, opportunities, and threats of the hydrogen
economy are summarized in the SWOT analysis. Based on that analysis, the biggest problems, and threats with
possibilities of solving those problems are summarized. SWOT analysis considers aspects of the hydrogen
economy e.g. energy demands, financial difficulty, safety, and awareness about hydrogen. Conclusions involve
suggestions on how to avoid the above-mentioned awareness, and how could increase hydrogen utilization.