Consider the Bessel operator with a potential on L2false((0,∞),xα0.16emdxfalse), namely
Lffalse(xfalse)=−f′′false(xfalse)−αxf′false(xfalse)+Vfalse(xfalse)ffalse(xfalse).We assume that α>0 and V∈Lloc1false((0,∞),xα0.16emdxfalse) is a nonnegative function. By definition, a function f∈L1false((0,∞),xα0.16emdxfalse) belongs to the Hardy space scriptH1false(boldLfalse) if
trueprefixsupt>0e−tboldLf∈L1false((0,∞),xα0.16emdxfalse).Under certain assumptions on V we characterize the space scriptH1false(boldLfalse) in terms of atomic decompositions of local type. In the second part we prove that this characterization can be applied to boldL for α∈(0,1) with no additional assumptions on the potential V.