Nonetheless, on a longer timescale, hydrogen effectively becomes a roundabout instrument of space-, time- and demand-shifted energy storage, but potentially bulk-conveyable using portions of existing gas pipeline infrastructure. This compares favorably to batteries (which are heavy, solid, contain other commodities, and are non-bulk-conveyable in a comparable way), and other energy storage schemes (which are immobile or lack effective the distribution of work). It's broadly similar to hydrocarbon natgas and syngas, but without the direct release of carbon during actual combustion.
The hope in this effort to encourage progress and deployment of hydrogen-based technologies, infrastructure, and business models, and tolerate some short-term wastefulness to target a more favorable goal in the long term.