Abstract Although alane (AlH 3 ) has many interesting properties as a hydrogen storage material, it cannot be regenerated on-board a vehicle. One way of overcoming this limitation is to formulate an alane slurry that can be easily loaded into a fuel tank and removed for off-board regeneration. In this paper, we analyze the performance of an on-board hydrogen storage system that uses alane slurry as the hydrogen carrier. A model for the on-board storage system was developed to analyze the AlH 3 decomposition kinetics, heat transfer requirements, stability, startup energy and time, H 2 buffer requirements, storage efficiency, and hydrogen storage capacities. The results from the model indicate that reactor temperatures higher than 200 °C are needed to decompose alane at reasonable liquid hourly space velocities, i.e., > 60 h −1 . At the system level, a gravimetric capacity of 4.2 wt% usable hydrogen and a volumetric capacity of 50 g H 2 /L may be achievable with a 70% solids slurry. Under optimum conditions, ∼80% of the H 2 stored in the slurry may be available for the fuel cell engine. The model indicates that H 2 loss is limited by the decomposition kinetics rather than by the rate of heat transfer from the ambient to the slurry tank.