Hydrogen’s potential as a clean fuel, energy storage medium and renewable energy enabler has captured the attention of energy sector players, governments, environmental advocacy groups, and users. Given that hydrogen development is at its nascent stage and there remains a lot of uncertainty surrounding its safety, it is pertinent and important to deliberate and understand the legal and regulatory requirements, investment cases, financing structures, operational requirements, revenue stream, sharing and other elements that need to be considered to formulate an effective acceptable commercialization model. A gradual transition with adequate policy and safety standards will help confidence among stakeholders ad provide a conducive environment for a Hydrogen based economy.