RenewableUK and Hydrogen UK have jointly released a report aimed at reducing the cost of green hydrogen production to accelerate its deployment. The report outlines measures to leverage the UK's renewable electricity potential for hydrogen production, with the goal of lowering costs from £241 per MWh to less than £100/MWh. The focus is on utilizing electrolyzers to produce green hydrogen, which is pivotal for the future energy system, providing storage solutions and aiding in decarbonization efforts in sectors like steel, chemicals, and shipping. The report emphasizes the need for hydrogen to be more affordable as it scales up, with electricity costs in electrolysis being a significant factor. Key recommendations include reforming the hydrogen production business model, incentivizing electrolysis timing, removing barriers for co-location with renewable energy projects, establishing a hydrogen transmission network, and reducing charges for grid access. These steps aim to create a cost-effective electrolytic hydrogen industry, stimulate economic growth, and generate new jobs. Leaders from RenewableUK and Hydrogen UK stress the importance of government collaboration to attract private investment and innovative business models. The report envisions the UK leading the way in green hydrogen technology, driving down costs, and fostering economic activity and job opportunities in the sector.