To drive the energy transition and reach carbon neutrality by 2050, French and German industrial companies are investing in many renewable and low-carbon projects. Ensuring decarbonization of the European economy requires a fast and pragmatic policy approach that covers both renewable, low-carbon electricity and hydrogen. Focused on energy transmission in Europe, this paper is a joint work between Air Liquide and Siemens Energy, bringing together both companies’ expertise in implementing industrial projects to recommend a pragmatic approach going forward.