UK Department for Business, Energy & Industrial Strategy
UK Department for Business, Energy & Industrial Strategy
09/20/2022 | Press release | Distributed by Public on 09/19/2022 17:18
Industrial Energy Transformation Fund (IETF) Phase 2: Summer 2022 (closed to applications)
Update: 20 September 2022
The IETF Phase 2: Summer 2022 is closed. We are assessing applications.
Phase 2: Summer 2022 provides up to £70 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: Summer 2022 competition is open to businesses of any size registered and operating in England, Wales or Northern Ireland. Some funding rules may differ for businesses based in Northern Ireland.
If your site is based in Scotland, you can apply for the Scottish Industrial Energy Transformation Fund (SIETF): contact @gov.scot for more information.
Industry type
Your business must operate an existing site which falls into one of the following codes:
| Eligible industrial processes | SIC codes |
|---|---|
| Mining and quarrying |
05101 through to 05200 07100 through to 08990 09900 |
| Manufacturing | 10000 through to 33200 |
| Recovery and recycling of materials | 38320 |
| Data centre | 63110 |
Please check the code you were allocated at the time of registering at Companies House. If the parent company 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 [email protected] : 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 for | Minimum threshold per application | Maximum 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 Summer 2022 competition is closed to applications.
Get in touch
If you need more information about Phase 2 of the , please contact the BEIS team at [email protected].
Read our Phase 2 policy statement which explains the design choices. To find out about past competition winners visit the Summer 2020 winners page.