Hydrogen Value Chain Keep in mind that hydrogen itself is not the energy source, but rather an energy carrier. The energy itself must be generated by other means like natural gas, petroleum, coal, or renewable energy. Your access to Member Features is limited. Please sign in or apply for membership to continue reading this post. There are 3 key stages of the hydrogen value chain: production; utilization/usage. The utilization can be grouped to: transport; power. Industrial consumers are interested in hydrogen due to decarbonization pleas. Steelworks, glassworks, chemical plants, power stations will lead to initial adoption. Then hydrogen will go to housing.