Industrial Energy Transformation Fund

24 November 2022

The Department for Business, Energy and Industrial Strategy (BEIS), in collaboration with FDF, will be hosting a webinar on 24 November 2022 to share details of the final competition window from the £220m Industrial Energy Transformation Fund (IETF) Phase 2.



  • Energy & Utilities
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The £70 million competition window which is funding industrial energy efficiency and decarbonisation of industrial sites in England, Wales and Northern is open now and closes on Friday 13 January 2023. 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.

Join us for an opportunity to hear about the scope, eligibility and application process.


  • Lily Tozer – Head of Market Intelligence for IETF, BEIS
  • Annie Mfula – Head of Industrial Capacity Building for IETF, BEIS
Industrial Energy Transformation Fund