A study led by Gunther Glenk from Harvard Business School suggests a potential decrease of $1 per kilogram in green hydrogen production costs by 2030, a critical target to combat fossil fuel reliance and mitigate climate change. Electric Hydrogen, based in Devens, Massachusetts, has emerged as a prominent player in the green hydrogen sector, offering large-scale electrolyzer plants optimized for industrial use to significantly reduce costs through innovation. The company has become the first unicorn in the green hydrogen industry, valued at over $1 billion. With more than 300 employees across multiple facilities, Electric Hydrogen has secured over $700 million in funding to focus on developing the most cost-effective electrolysis process to aid in decarbonizing industrial operations. The company's Devens plant manufactures 100-megawatt electrolyzing plants powered by renewable energy sources, enabling emission-free hydrogen gas production for various industrial applications. Government officials like Gov. Maura Healey and Congresswoman Lori Trahan have recognized Electric Hydrogen's role in advancing green technology and stimulating local economies. CEO Raffi Garabedian acknowledges Massachusetts' history of industrial innovation and expresses pride in contributing to it by fostering clean hydrogen technology in Devens. Through its commitment to innovation and cost-efficiency, Electric Hydrogen is poised to drive the transition towards a cleaner, more sustainable energy future.