We report a ruthenium‐modified zeolite which efficiently transforms propylene carbonate to propylene glycol and methane, under solvent‐free conditions. The catalyst achieved high product selectivity and no significant ageing effect was observed after multiple cycles. The resulting liquid product (water‐containing glycol) can be directly used as anti‐freeze solution and the gas phase can directly be used as an energy carrier in the form of H2‐enriched methane. This process efficiently bridges energy storage and an important chemical synthesis under sustainable (CO2 consuming) conditions.