The European Commission has unveiled a comprehensive set of proposals aimed at strengthening the European Union's economy, clean energy, and technology sectors, all while striving to reduce energy costs and ensure sustainable growth. The commission announced plans to simplify processes, particularly in climate reporting, and expand demand aggregation and joint purchase schemes to include raw materials like lithium. Additionally, a new EU critical raw material center is set to facilitate joint purchases of essential materials for interested companies. Furthermore, the commission is proposing the establishment of an industrial decarbonisation bank that would be funded by the emissions trading system, aiming to raise significant funds for decarbonisation projects over the next decade. The plans also involve streamlining the carbon border adjustment mechanism, promoting clean products through new procurement requirements, and introducing a carbon intensity label for industrial products to drive decarbonisation and clean technology adoption. Despite concerns raised by the hydrogen industry regarding the state aid framework's lack of flexibility in supporting hydrogen demand and pricing competitiveness, there is an overall positive sentiment towards the EU Commission's initiatives. These measures align with the EU's commitment to climate action and sustainable economic development, signaling a concerted effort to drive the transition towards a greener and more resilient economy.