Industrial Energy Transformation Fund: finalising the design

10 Oct 2019 03:18 PM

Summary

We’re seeking views on the final design of the £315 million Industrial Energy Transformation Fund, which will help industry to improve energy efficiency and reduce carbon emissions.

This consultation closes at: 11:45pm on 21 November 2019

Consultation description

The £315 million Industrial Energy Transformation Fund (IETF) will support businesses with high energy use to:

• cut their bills and emissions through increased energy efficiency
• reduce their emissions by decarbonising industrial processes

This consultation seeks views to help us finalise the design of the fund. It outlines our proposals for:

• who will be eligible to apply
• which technologies we will support
• providing support for feasibility/FEED studies
• different types of funding support
• the delivery of the fund

Those interested in responding to the consultation are likely to include:

• large businesses
• SMEs
• trade associations
• academics
• thinktanks
• environmental NGOs
• local government

See our earlier informal consultation: Designing the Industrial Energy Transformation Fund.

Documents

Industrial Energy Transformation Fund: supporting industry on the path to net zero PDF, 1.52MB, 77 pages

Ways to respond

Respond online

or

Email to:

IETF@beis.gov.uk

Write to:

Industrial Energy Transformation Fund Team
Department for Business, Energy and Industrial Strategy
Second Floor
1 Victoria Street
Westminster
London
SW1H 0ET