H2O2 can act as both oxidising and reducing agent in basic medium as in hydrogen peroxide oxygen is present in intermediate-1 oxidation state. So, it can get oxidised to O2 and reduced to water.
H2O2
−1
⟶
H2O
−2
(reduction) Oxidising agent H2
O2
−1
⟶
O
0
(reduction) Reducing agent In the hydrogen economy, the energy is transmitted in the form of dihydrogen and not as electric power. So, both statement I and statement II are true.