The hydrogen economy has a few very difficult barriers in its future. Hydrogen is difficult to transport. It seeps through tanks and storage units, and it has to be kept at an insanely high pressure in order to move useful volumes of it.
So, just to keep from being bored, I was researching energetic chemical combinations that use hydrogen as their main component, and I happened to stumble onto Ammonia, and begin reading about its properties. It looks like a useful competitor for natural gas. It has a fairly high combustion energy, including the ability to do straight-to-electric processes on it. A fuel tank on a car (if we were to go so far as attempting to use it in automobiles) would be about 3 times the size of present fuel tanks, and about 25 ATM pressure, with twice the weight. It can be created using electricity, water, and nitrogen from the air, using the Haber process.
Like most chemical storage mediums, the energy cost to create it is certainly greater than the energy released using it. So, what I'm thinking it could be used for is putting power plants in exotic locations, like if there is a huge river in the backwoods of Canada, and nobody lives near it to benefit from a dam, or some coastal area where the tide is acting on a rocky bluff making a lot of energy. Places where you want to build a power plant, but you know transmission losses will be too severe to get any real use out of it.
The main downside is that it is poisonous (though fortunately it also smells really bad, so people won't breathe it unawares.)
http://www.voxsolaris.com/ammonia.html
http://en.wikipedia.org/wiki/Haber_p..._Haber_process