Europe’s Green Deal directive has become a driver of change in the transition from fossil fuels to renewable energy sources. This transition has been ongoing for over a decade now. However, the noticeable climatic changes and never-seen social pressures have made this transition a priority. However, the transition has been met with a lot of criticism for its costliness and too ambitious goals. The question arises – is the green transition a realistic strategy or just a dream? Previous research has often been optimistic about the green transition; however, when looked at closer, a lot of the research has often quoted “advanced technologies” that have not come to light yet. This was rarely represented as a limitation in studies; however, with the passing of time, it is now obvious that these nonexistent technological advances are huge barriers to a greener economy. By analyzing and dissecting previous research and drawing conclusions from EU’s directives and action plans, the work provides a comprehensive look at how the green energy transition is actually going and where it might go. Contrary to what is often portrayed, the green transition is in a much earlier development phase. While certain European Union member states have achieved a lot in their green transition, the European average is still very low. On a positive note, there are more and more companies focusing on the green transition, and more and more funding is becoming available for those who partake in the renewable energy transition. Lastly, there are many barriers to the renewable energy transition, but more and more countries are joining in on this massive change for a better future.