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UK: Industrial Energy Transformation Fund Phase 2

Deadline: 13-Jan-23

The Department for Business, Energy & Industrial Strategy is seeking applications for the Industrial Energy Transformation Fund (IETF) Phase 2 to provide grant funding for feasibility and engineering studies, and for the deployment of industrial energy efficiency and deep decarbonisation projects.

Objective

The Industrial Energy Transformation Fund (IETF) supports industrial sites with high energy use to transition to a low carbon future. The fund targets existing industrial processes, helping industry to:

Funding is allocated through a competitive process aimed at supporting the highest quality and most transformational bids. The fund is open to a broad range of industrial sectors and will support applicants based in England, Wales, and Northern Ireland, both within and outside of industrial clusters.

Scope and Structure

Funding will be allocated across three competition strands:

Businesses are invited to bid into any one or more strands, provided their proposal or proposals is/are in scope of the competition’s objectives and meets/meet the eligibility criteria for each strand. Proposals must aim to improve the performance, emissions, and environmental outcomes of the industrial process beyond standards currently required by relevant UK and international law.

Businesses should only apply if the project or study could not go ahead without government support. You must include a justification for the costs claimed in your application. It is your responsibility to demonstrate that your stated eligible costs are necessary in order to achieve the objectives of the competition strand you apply for. If your project passes assessment, but they determine that you have requested more funding than needed, you may be offered a lower grant amount.

Funding Information
Eligibility Criteria

For more information, visit IETF.

For more information, visit https://www.gov.uk/government/publications/industrial-energy-transformation-fund-ietf-phase-2-autumn-2022

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