A report by the Industrial Innovation for Competitiveness Initiative (i24c) and Capgemini Consulting has found that while there have been notable Research and Development (R&D) successes in low-carbon technologies, Europe lacks a cohesive strategy to meet its climate change commitments. The report analyzed and evaluated Europe’s performance on energy innovation, examining the barriers and the key success factors in the transition to a competitive, low-carbon economy. It makes five key recommendations for both the public and private sector ahead of the close of the EU Consultation on innovation and competitiveness in the European Energy Union.