An apparatus for generating a large volume of gas from a liquid stream is disclosed. The apparatus includes a first channel through which the liquid stream passes. The apparatus also includes a layer of catalyst particles suspended in a solid slurry for generating gas from the liquid stream. The apparatus further includes a second channel through which a mixture of converted liquid and generated gas passes. A heat exchange channel heats the liquid stream. A wicking structure located in the second channel separates the gas generated from the converted liquid.