The Commonwealth Scientific and Industrial Research Organization (CSIRO) launched the project on Friday with 10 million Australian dollars (6.5 million U.S. dollars) in funding over six years.

The team will develop an easily deployable device capable of safely producing green hydrogen directly at the point of consumption using liquid carriers.

The use of a liquid carrier technology enables green hydrogen to be safely and efficiently stored and transported from where it is produced to where it is used as an energy source.

Central to the CSIRO device will be its patented catalytic static mixers, which offer improvements over current packed bed reactor technology and is easily scalable.

"Catalytic static mixers are special tools that mix fluids to speed up and better control chemical reactions without any moving parts," researcher John Chiefari said in a media release.

"Now this hydrogen generation system will enable hydrogen to be produced locally and on demand from the carrier, with the added advantages of the carrier fluid being safely stored in a similar way to diesel or petrol."

According to Australia's National Hydrogen Strategy, the industry could add 50 billion Australian dollars (32.5 billion U.S. dollars) to the country's gross domestic product (GDP) by 2050 and support 16,000 jobs.

(With UNI inputs)