The US clean hydrogen industry is facing challenges due to federal policy uncertainties, including the impact of President Donald Trump’s tariffs and the unclear fate of federal tax credits and the $7 billion hydrogen hub program. However, amidst this uncertainty, industry leaders at the BloombergNEF summit are optimistic about the potential of Texas in the clean hydrogen sector. While the average cost to produce green hydrogen is currently around $8 to $9 per kilogram, companies like Plug Power Inc. and Verdagy Inc. are looking to tap into the abundant renewable energy resources in Texas to drive down production costs. Plug Power Inc. is planning to build a liquid hydrogen production facility in Texas that will double the company’s current capacity and create hundreds of jobs. The facility, powered by a nearby wind farm and partly funded by a loan guarantee from the Energy Department, is a significant step towards cost-competitive green hydrogen production. Similarly, Verdagy Inc. is constructing a clean hydrogen plant near the Gulf Coast in Texas, with plans to produce 9,000 tons per year initially. By utilizing electrolyzers powered by cheap renewable energy and optimizing production processes, companies like Verdagy are able to decrease green hydrogen costs significantly. Verdagy aims to operate its Texas plant at 80% capacity, which will help bring the cost down to $3 per kilogram. The company projects further cost reductions to $2 per kilogram within the next two to three years, making their green hydrogen production highly competitive. Despite the challenges and uncertainties in federal policies, the progress in Texas towards cost-effective green hydrogen production showcases the industry's resilience and potential for growth.