Formic Acid to Power towards Low‐Carbon Economy

Abstract The storage and utilization of low‐carbon electricity and decarbonization of transportation are essential components for the future energy transition into a low‐carbon economy. While hydrogen has been identified as a potential energy carrier, the lack of viable technologies for safe and efficient storage and transportation of H 2 greatly limits its applications and deployment at scale. Formic acid (FA) is considered one of the promising H 2 energy carriers because of its high volumetric H 2 storage capacity of 53 g H 2 /L, and relatively low toxicity and flammability for convenient and low‐cost storage and transportation. FA can be employed to generate electricity either in direct FA fuel cells (FCs) or indirectly as an H 2 source for hydrogen FCs. FA can enable large‐scale chemical H 2 storage to eliminate energy‐intensive and expensive processes for H 2 liquefaction and compression and thus to achieve higher efficiency and broader utilization. This perspective summarizes recent advances in catalyst development for selective dehydrogenation of FA and high‐pressure H 2 production. The advantages and limitations of FA‐to‐power options are highlighted. Existing life cycle assessment (LCA) and economic analysis studies are reviewed to discuss the feasibility and future potential of FA as a fuel.