A recent report endorsed by former Italian Prime Minister Mario Draghi and the President of the European Commission, Ursula von der Leyen, has shed light on the critical role of hydrogen in enhancing Europe's competitiveness. The 69-page report emphasizes hydrogen as a transformative technology that will be instrumental in driving European competitiveness amidst anticipated structural changes. Key recommendations include building on effective frameworks like the Hydrogen Bank and Hydrogen Valleys while introducing novel approaches to legislation, governance, and financial strategies. Hydrogen Europe, the association representing the hydrogen industry, applauds the report for its technology-neutral approach and recognition of hydrogen's significance in decarbonization efforts alongside other solutions. The association's leaders express enthusiasm for the report's strategic and concrete approach to addressing climate change, technological disruptions, and enhancing Europe's economic resilience. They assert that decarbonization, particularly through hydrogen technologies, can act as a catalyst for Europe's industrial revival rather than a barrier. The article encompasses a call for an EU Clean Industrial Deal to prioritize decarbonization while maintaining competitiveness, highlighting hydrogen as a pivotal element in this transformative journey. This recognition underscores the crucial position of hydrogen in Europe's path towards sustainability and enhanced competitiveness.