A comparison of energy storage media for carbon free systems was made on a cost and weight basis for application with renewable energy sources such as hydropower. On a seasonal timescale (summer to winter), storage of hydrogen in liquid organic hydrides was equivalent to other carbon free alternatives and superior to zero emission systems like batteries. Seasonal energy storage is illustrated by the methylcyclohexane-toluene-hydrogen (MTH) system. Low cost summer electricity is used for water electrolysis to yield hydrogen for hydrogenation of toluene. Dehydrogenation in winter gives hydrogen for heat and power generation by Fuel cells with an estimated overall electrical efficiency of 41%. Recent laboratory results using commercial, dehydrogenation catalysts in fixed bed reactors show how catalyst efficiency was increased (low by-products) to reduce the carbon emissions to 0.01 kgC/kWh(e). Hydrogen separation membranes and new molecular reactions are being investigated to Further increase efficiencies. Economic analyses show that the seasonal storage of hydroelectric power with hydrogen by the MTH system is economically competitive with new hydropower projects.