Comment Re:Will it work? (Score 5, Informative) 141
Your way to do it probably had shitty efficiency. 1-2% of the electrical energy probably ended up used to produce hydrogen. With fancy catalysts and carefully controlled temperature, it's possible to improve that efficiency by a factor of 30 or so, with the best methods now getting efficiencies between 30 and 60%. The problem is that those schemes tend to either rely on very expensive catalysts (like platinum ), or they are chemical processes which produce CO2 as a by-product ( steam reforming, in which hydrocarbons are reacted with water to form hydrogen and CO2 ).
What the article seems to speak of is that they've found a catalyst that drastically improves the efficiency of electrolysis, without resorting to expensive materials.