The Netherlands faces challenges in green hydrogen production as a recent TNO investigation reveals costs exceeding €13 per kilogram due to rising electricity prices and inflation. The Port of Rotterdam at Maasvlakte 2 is a hub for green hydrogen initiatives, highlighting the potential for significant cost reductions in the future. The industry emphasizes the importance of collaborative efforts between government and companies to tackle regulatory obstacles and drive down costs. NLHydrogen sees the current hurdles as an opportunity for improvement, akin to the cost reductions seen in the offshore wind energy sector. TNO's study underscores the necessity of understanding green hydrogen production costs, especially the impact of subsidies on unit capital cost. The report recommends monitoring market developments and enhancing public support frameworks to boost the competitiveness of green hydrogen. Despite the challenges, the study suggests that optimization and economies of scale will lead to substantial savings for future projects, positioning the Netherlands for success in renewable hydrogen production. The path to competitive green hydrogen involves continuous updates to adapt to the evolving technology landscape, while public and private sector engagement will play a crucial role in shaping the future of green hydrogen production.