New catalyst allows cheaper hydrogen production

CanadianRealist writes: Electrolysis of water to produce hydrogen is very inefficient without the use of a catalyst. Unfortunately catalysts are currently made of crystals containing rare, expensive toxic metals such as ruthenium and iridium. Two chemists from the University of Calgary have invented a process to make a catalyst using relatively non-toxic metal compounds such as iron oxide, for 1/1000 the cost of currently used catalysts.

It is suggested this would make it more feasible to use electrolysis of water to create hydrogen as a method of storing energy from variable green power sources such as wind and solar.