As a low temperature alternative to steam reforming, Aqueous Phase Reforming (APR) has emerged as a valuable means of converting organic compounds of biological origin to value- added chemicals and fuel components. Due to its feature of low temperature operation, the energy required for water and oxygenated hydrocarbon evaporation is eliminated, leading to the notable reduction of overall energy input, which overcomes the evaporation difficulty of some organic compounds with high boiling point required for steam reforming. In order to keep all reactants in the liquid phase at operation temperature (typically ~500 K), certain pressure (typically 15~50 bar) has to be applied to the whole reactor system. Such operation temperature and pressure benefit the happening of water-gas shift reaction, making it possible to produce hydrogen with low amounts of CO in a single reactor. Undesirable organic compound decomposition can also be minimized under such low reaction temperature. Furthermore, the relatively high pressure operation will also favour the downstream gas separation and purification, and even subsequent gas compression, storage, and delivery. This process is exclusively suitable for the biomass derived organic compounds with relatively longer carbon chain such as sorbitol, which has been comprehensively reviewed by the researchers in Dumesic’s group [20]. For smaller organic compounds like ethanol discussed in this chapter, APR process for hydrogen generation is less favourable from the overall energy utilization viewpoint, which is concluded by Tokarev, et al. in their recent publication [21]. Moreover, the relatively high pressure requirement raises the concerns on safety and operation cost. Hydrogen selectivity is another big challenge APR has to face, because H2 and CO2 produced are thermodynamically unstable and methane formation is favourable at such low temperature.