Solar energy currently makes less than one percent of the world's electricity. The main drawback of the technology, preventing wider adoption, is that solar systems only make power while the sun is shining. At night or on cloudy days, those in need of power must look elsewhere. So storage of electrical energy has been a long-sought after technological advance. Batteries work but they're too big and expensive. Fuels, fossil or renewable, are different: They act as their own storage, allowing for easy transport and usage. That's one reason that coal and oil have such a dominant hold on the world's energy market.

Converting an Olympic swimming pool of water into hydrogen and oxygen per second would create 43 terawatts of power. "In the next 50 years, the world needs 16 terawatts. By the end of the century, we'll need around 30," said Nocera. "There's a heck of lot of energy stored in chemical bonds."

For a home, Nocera said that it would be enough to split a few litres of water per day into hydrogen and oxygen. The water would be reformed when the gases were put through the fuel cell.

There is much work to be done in converting Nocera's idea into a commercial product. At the moment, his catalyst can only accept small amounts of electrical current at once, meaning that it would be an inefficient way to quickly store large amounts of energy. But Nocera is certain that engineers will iron out the issues and produce commercial-scale products within a decade.

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Eoin O'Carroll is a blogger for The Christian Science Monitor.

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