Researchers have found a better, cheaper way to make Hydrogen gas

Reports say a team of researchers from Stanford University unveiled an easier and more efficient way to strip hydrogen atoms from water molecules on Thursday.

Sources say it's still the same electrolysis method that's been in use for years. But instead of using two different kinds of material for the cathode and anode, like conventional electrolysis procedures, Stanford is incorporating a pair of identical nickel-iron oxide catalysts.

According to a report, when a 1.5V current is applied, the system operates at 82 percent efficiency - many times more than what its conventional equivalent can make with the same charge.

Of course, the system is still very much in early development but the Stanford team hopes further develop the technology to eventually produce hydrogen on an industrial scale.