Industrial Energy Transformation Fund Phase 2 Summer 2022

The Department for Business, Energy and Industrial Strategy (BEIS), in collaboration with Innovate UK KTN, hosted an online competition briefing webinar on the 8th June 2022 to share details of the new Industrial Energy Transformation Fund (IETF) Phase 2: Summer 2022 competition window of funding.

Event Details


10.00 - 12.30



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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.

Webcast recording is now available


The new Phase 2 competition window for England, Wales and Northern Ireland opened on 30th May 2022 and runs until 9th September 2022 and is worth up to £70 million in funding. 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)

For more information on the new IETF Phase 2: Summer 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. Register here.


  • 10:00 – Welcome
    Jenni McDonnell MBE | Innovate UK KTN
  • 10:05 – IETF Competition: overview, scope and eligibility
    Lily Tozer | BEIS
  • 10:25 – IETF Competition: application process
    Bess Hulme | BEIS
  • 10:45 – Q&A – general questions about the competition scope and eligibility
  • 11:00 – Technology Pitches
  • 11:30 – Application Support Service
    Jenni McDonnell MBE | Innovate UK KTN
  • 11:40 – Closing Remarks

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