Hydrogen has universally been considered a reliable source of future clean energy. Its energy conversion, processing, transportation, and storage are techno-economically promising for sustainable energy. This study attempts to maximize the production of H₂ energy using nanocatalysts from waste aluminum chips, an abundant metal that is considered a potential storage tank of H₂ energy with high energy density. The present study indicates that the use of waste aluminum chips in the production of H₂ gas will be free of cost since the reaction by-product, Al₂O₃, is denser and can be sold at a higher price than the raw materials, which makes the production cost more efficient and feasible. The current framework investigates seven different copper oxide-based graphene nanocomposites that are synthesized by utilizing green methods and that are well-characterized in terms of their structural, morphological, and surface properties. Reduced graphene oxide (rGO) and multi-layer graphene (MLG) are used as graphene substrates for CuO and Cu₂O NPs, respectively. These graphene materials exhibited extraordinary catalytic activity, while their copper oxide composites exhibited a complete reaction with feasible techno-economic production. The results revealed that the H₂ production yield and rates increased twofold with the use of these nanocatalysts. The present study recommends the optimum reactor design considerations and reaction parameters that minimize water vaporization in the reaction and suggests practical solutions to quantify and separate it. Furthermore, the present study affords an economic feasibility approach to producing H₂ gas that is competitive and efficient. The cost of producing 1 kg of H₂ gas from waste aluminum chips is USD 6.70, which is both economically feasible and technically applicable. The unit cost of H₂ gas can be steeply reduced by building large-scale plants offering mass production. Finally, the predicted approach is applicable in large, medium, and small cities that can collect industrial waste aluminum in bulk to generate large-scale energy units.