Europe is paving its way towards decarbonisation with focused strategies on hydrogen and gas infrastructure development. The recently enacted hydrogen and decarbonized gas market package in August 2024 sets a clear regulatory framework, aiming to diversify supply sources and facilitate the transport of energy transition gases. Additionally, a new energy grids package expected from the European Commission is anticipated to further enhance the continent's competitiveness by repurposing existing gas grids. Renewable and low-carbon molecules are recognized as key players in Europe's transition to a sustainable future, contributing significantly to energy resilience, security, and strategic autonomy objectives. Investments in repurposed infrastructure, especially pipelines for hydrogen and carbon dioxide transportation, are deemed essential for fostering energy system integration and stability. During a panel discussion, industry experts emphasized the importance of simplified, affordable, and competitive approaches to enable cost-efficient energy transition while ensuring the EU's competitiveness amid global geopolitical challenges. Different opinions were expressed on the necessity for a one-size-fits-all approach, with a cautious approach favored to allow for diversification tailored to specific member states' needs. The debate also touched upon the distinctions between blue and green hydrogen production methods. While green hydrogen is lauded for its sustainability as it is produced from renewable energy sources, blue hydrogen, generated through natural gas with carbon capture and storage, presents an alternative. Discussions highlighted the importance of balancing diversification with scaling up infrastructure to reduce costs effectively. Experts elaborated on funding mechanisms for repurposing natural gas pipelines, mentioning various financial instruments like Connecting Europe Facility grants, the Innovation Fund, and the Industrial Decarbonization Bank to support such projects. The overall sentiment from the discussion was positive, emphasizing the availability of existing frameworks and financial instruments to drive the development of hydrogen and gas infrastructure in Europe.