Industrial Energy Transformation Fund opportunity


The Industrial Energy Transformation Fund (IETF) is designed to help businesses with high energy use, such as energy intensive industries, to cut their energy bills and carbon emissions through investing in energy efficiency and low-carbon technologies.

The Department for Business, Energy and Industrial Strategy (BEIS), in collaboration with Innovate UK, recently opened the Industrial Energy Transformation Fund (IETF) Phase 1: Spring 2021 competition window and have extended an invitation to join their competition briefing webinar on Tuesday 8 June 2021. This is a £40 million competition and may be of interest to clients who consume substantial amounts of energy.

The briefing event will share information on the competition and showcase some of the projects funded in Phase 1 of the IETF.

The competition will provide grant funding towards the costs of: 

  • Deployment of mature energy efficiency technologies that improve industrial process energy efficiency and reduce energy demand. 
  • Feasibility and engineering studies for projects deploying mature energy efficiency technologies or deep decarbonisation technologies.