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March 24th 2022

Industrial Energy Transformation Fund: Phase 2

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

See: Industrial Energy Transformation Fund (IETF) Phase 2: Spring 2022 - how to apply - GOV.UK (


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