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IETF Phase 3: Spring 2024

Engineer standing by wind turbines

The Industrial Energy Transformation Fund (IETF) supports the development and deployment of technologies that enable businesses with high energy use to transition to a low carbon future.

Phase 3 of the IETF 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
  • decarbonisation - deployment of technologies to achieve industrial emissions savings

The IETF Phase 3 budget is £185 million overall and the competition is open to businesses of any size with an eligible site in Wales, England or Northern Ireland.

The Spring 2024 competition runs from Monday 29 January to Friday 19 April 2024.

Register for the IETF stakeholder briefing webinar, Tuesday 6 February 2024, 10am to 12pm.

For further information please select the following link: Industrial Energy Transformation Fund - GOV.UK

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