Industrial Energy Transformation Fund (IETF) Phase 2: Spring 2022

Fund Details

The competition provides 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

IETF is looking for project maturity of TRL 7-9.

Fund Criteria

Open to businesses of any size registered in England, Wales or Northern Ireland.

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

• Mining and quarrying4 05101 through to 05200;07100 through to 08990; and 09900
• Manufacturing 10000 through to 33200
• Recovery and recycling of materials 383205
• Data centre 63110

Feasibility Study:

• £30,000 total eligible cost per study
• Project Start 01/05/2023
• Project End 01/05/2024

Engineering Study:

• £50k total eligible cost per study
• Project Start 01/05/2023
• Project End 31/03/2025

Energy Efficiency Deployment:

• £100k total grant funding per application
• Project Start 01/05/2023
• Project End 31/03/2025

Decarbonisation Deployment:

• £100k total grant funding per application
• Project Start 01/05/2023
• Project End 31/03/2025

Talk to us today if you would like to apply for this opportunity.