Decarbonizing the power generation and transportation sectors, responsible for similar to 65% of Green House Gas (GHG) emissions globally, constitutes a crucial step to addressing climate change. Accordingly, the energy paradigm is shifting towards carbon-free and low-emission alternative fuels. Even though the current decarbonization using hydrogen is not large since 96% of global hydrogen production is relying on conventional fossil fuels that produce GHGs in the process, hydrogen fuel has been considered a promising fuel for fuel cell and combustion engines. Various renewable approaches utilizing biomass and water have been investigated to produce green hydrogen. With this, recent developments showed viability to achieve deep decarbonization in the power generation and transportation sectors. Hydrogen-powered vehicles are commercially available in many countries, and over 300,000 fuel cell appliances were sold to produce hot water and electricity. This review aims to provide an overview of the potential role of hydrogen in power generation and transportation systems, recent achievements in research development, and technical challenges to successfully applying hydrogen as a primary fuel. Especially this review will focus on the hydrogen application in power generation and transportation sectors using fuel cells, gas turbines, and internal combustion engines (ICEs). (c) 2023 Hydrogen Energy Publications LLC. Published by Elsevier Ltd. All rights reserved.