Formaldehyde (CH2O) is the simplest and most significant industrially produced aldehyde. The global demand is about 30 megatons annually. Industrially it is produced by oxidation of methanol under energy intensive conditions. More recently, new fields of application for the use of formaldehyde and its derivatives as, i.e. cross-linker for resins or disinfectant, have been suggested. Dialkoxymethane has been envisioned as a combustion fuel for conventional engines or aqueous formaldehyde and paraformaldehyde may act as a liquid organic hydrogen carrier molecule (LOHC) for hydrogen generation to be used for hydrogen fuel cells. For the realization of these processes, it requires less energy-intensive technologies for the synthesis of formaldehyde. This overview summarizes the recent developments in low-temperature reductive synthesis of formaldehyde and its derivatives and low-temperature formaldehyde reforming. These aspects are important for the future demands on modern societies' energy management, in the form of a methanol and hydrogen economy, and the required formaldehyde feedstock for the manufacture of many formaldehyde-based daily products.