Launch of Industrial Energy Transformation Fund Phase 2 Autumn (application deadline 06/12/21)

Phase 2 Autumn of the Industrial Energy Transformation Fund (IETF) was launched on Wednesday 22 September (deadline for funding applications is 6 December 2021).

Funding will be allocated across three strands:

  • Studies: feasibility (£7mn max per project) and engineering (£14mn max per project) studies to enable companies to investigate identified energy efficiency and decarbonisation projects prior to making an investment decision.
  • Energy efficiency: deployment of technologies to reduce industrial energy consumption (£14mn max per project)
  • Deep decarbonisation: deployment of technologies to achieve industrial emissions savings (£30mn max per project)

Further details, including guidance and a draft funding agreement, can be found on the website here.