Industrial Energy Transformation Fund Phase 2 Autumn 2022

The Department for Business, Energy and Industrial Strategy (BEIS), in collaboration with Innovate UK KTN, will be hosting an online competition briefing webinar on 11 October 2022 to share details of the final competition window from the £220m Industrial Energy Transformation Fund (IETF) Phase 2.

Event Details


10.00 - 12.30



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Webcast recording now available

The IETF supports businesses with high energy use to transition to a low carbon future, and to cut their bills and emissions through increased energy efficiency and decarbonisation. It is a crucial part of the Government’s strategy for tackling climate change and reaching Net Zero by 2050. It complements other government programmes that offer innovation and early demonstration support, such as the Industrial Energy Efficiency Accelerator and Industrial Hydrogen Accelerator (part of the Net Zero Innovation Portfolio) and will help to transform an important part of the UK economy.

The £70 million competition window for England, Wales and Northern Ireland opens on Monday 10 October 2022 and runs until Friday 17 February 2023 (note extended deadline!). It will be available in the form of a grant scheme and will fund:

  • Feasibility and engineering studies for potential deployment projects that will deliver energy efficiency or decarbonisation benefits if implemented, enabling decision-makers to make informed investment choices
  • Deployment of mature energy efficiency technologies that improve industrial energy efficiency and reduce energy demand (TRL 8-9)
  • Deployment of deep decarbonisation technologies that reduce carbon emissions associated with the industrial process (TRL 7-9)

Please note, in this application window, the IETF will also support projects that improve the energy efficiency and/or reduce emissions of non-road mobile machinery (NRMM). The machinery must be necessary to, and a part of, the industrial process located within the boundary of the eligible site. More information can be found in the applicant guidance.

For more information on the new IETF Phase 2: Autumn 2022 competition and to view the applicant guidance, please visit our competition page here.

The briefing webinar will include an opportunity to:

  • Hear about the scope of the competitions in more detail and how to apply
  • Learn about the eligibility criteria
  • Hear about the IETF support and information services available for businesses

The webinar will benefit a number of organisations and professionals including:

  • Manufacturing companies
  • Mining and quarrying companies
  • Recovery and recycling of materials companies
  • Data centres
  • Energy efficiency and decarbonisation technology providers

Collaboration Platform

To help potential applicants to find suitable partners for the competition KTN has launched the Phase 2 IETF networking platform. BEIS will be offering confidential discussions via the networking platform on the day of the briefing event and you can book meetings with them through the IETF networking platform. Register here.


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