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Notice: Industrial Energy Transformation Fund (IETF) Phase 2: Spring 2022 – how to apply

Phase 2 of the IETF provides grant funding for feasibility and engineering studies, and for the deployment of industrial energy efficiency and deep decarbonisation projects.

From: Department for Business, Energy & Industrial Strategy

Published 10 January 2022

IETF Phase 2: Spring 2022 is open to applications and provides up to £60 million of grant funding for the following project types:

  • studies – feasibility and engineering 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
  • deep decarbonisation – deployment of technologies to achieve industrial emissions savings

 

Eligibility

The Phase 2: Spring 2022 competition is open to businesses of any size registered in England, Wales or Northern Ireland.

If your site is based in Scotland, you can apply for the Scottish Industrial Energy Transformation Fund (SIETF): contact IETF@gov.scot for more information.

Industry type

Your business must operate an existing site which falls into one of the following SIC codes:

Eligible industrial processesSIC codes
Manufacturing10000 through to 33200

Please check the SIC code you were allocated at the time of registering at Companies House. If the parent company SIC Code does not reflect the activity carried out at your site, for example where a data centre is owned by a telecoms company, you may still be eligible.

The guidance document provides more detail on the eligibility criteria. You can also contact us about eligibility at ietf@beis.gov.uk: type ‘Eligibility screening assessment request’ as the subject line of the email.

 

Minimum and maximum thresholds

The funding will be awarded as grants towards the total costs of successful proposals. Your proposal must fall within the stated minimum and maximum award thresholds in this table. Unless otherwise specified, thresholds refer to the minimum and maximum grant that you can apply for.

Funding applied forMinimum threshold per applicationMaximum threshold per project
Energy efficiency deployment projects£100,000£14 million
Deep decarbonisation deployment projects£100,000£30 million
Engineering studies£50,000 (total eligible cost)£14 million
Feasibility studies£30,000 (total eligible cost)£7 million

How to apply

The Spring 2022 competition is open:

  • submit an application
  • it closes on Friday 29 April 2022, 3pm

Please read the guidance on this page before completing the application form.

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