Grant funding for companies engaged in energy efficient and decarbonisation projects
The Department for Business, Energy and Industrial Strategy (BEIS) has launched the new ‘Industrial Energy Transformation Fund (IETF) Phase 2: Spring 2022’ competition window. Businesses can bid for a share of up to £60 million in grant funding through this new phase.
The competition will provide 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
Your business must operate an existing site which falls into one of the following categories:
· Mining and quarrying
· Manufacturing
· Recover and recycling of materials
· Data centre
