Industrial Energy Transformation Fund (IETF) holding business stakeholder clinics, Technology Showcase and Virtual Technology Marketplace for new £60 million competition
The Department for Business, Energy and Industrial Strategy (BEIS) recently opened the new Industrial Energy Transformation Fund (IETF) Phase 2: Autumn 2021 competition and is hosting a series of stakeholder clinics throughout the competition window to help and support businesses interested in applying for IETF funding. We are also holding a Technology Showcase event on 10 November to showcase some of the projects IETF is funding and what’s available in Phase 2. Our new Virtual Technology Marketplace is also live and businesses can register now.
Businesses in England, Wales and Northern Ireland can now bid for a share of up to £60 million in grant funding through the new competition window, which runs from 27 September until Monday 6 December. The competition will provide grant funding towards the costs of:
Studies - feasibility and engineering studies to investigate identified energy efficiency and decarbonisation projects prior to an investment decision.
Energy Efficiency projects - deployment of technologies to reduce industrial energy consumption.
Deep Decarbonisation projects - deployment of technologies to achieve industrial emissions savings. This strand of the competition is new.
IETF stakeholder clinics
The stakeholder clinics help businesses planning on bidding for Phase 2 funding by enabling them to speak directly to BEIS and ask questions around potential bids, scope of the competitions, eligibility criteria, how to apply for funding, the IETF support and information services available, etc.
They provide an excellent opportunity to engage with organisations directly and we welcome the chance to be able to talk to you and help with your queries. The clinics are run on a fortnightly basis with the first ones taking place on 12 October 2021 and 26 October 2021.
To register to attend our stakeholder clinics, please visit our registration site.
IETF Technology Showcase event
We will be hosting a live event in Manchester on Wednesday 10 November to showcase some of the IETF’s funded projects. The event will include an opportunity to hear from manufacturing sites who are planning to deploy technologies to reduce their energy demand such as heat recovery, VAR, process controls and to reduce their carbon emissions such as carbon capture and fuel switching to hydrogen.
As well as helping you to understand how technology can assist your site to reach net zero carbon it will be a great opportunity to network face to face and build partnerships for future IETF competition windows.
To register to attend our Technology Showcase, please visit our registration site.
IETF Virtual Technology Marketplace
To support businesses interested in applying for IETF funding, we are running the Virtual Technology Marketplace, which offers industrial site owners (eligible manufacturers and data centres) the chance to browse videos showcasing the potential technology that can reduce the energy demand and emissions associated with their industrial processes.
If you are an industrial site owner, by signing up for the Technology Marketplace you will be able to see videos pre-screened to ensure only technologies eligible for the IETF competitions are featured. Covering both energy efficiency and decarbonisation technology areas, they will give manufacturers and data centre owners ideas and contacts for technologies that could be deployed on their industrial sites in England, Wales and Northern Ireland.
To register for the Technology Marketplace, please visit our registration site.
To upload a video to the Technology Marketplace, please visit our uploading site.
To find out more about the £60 million IETF Phase 2: Autumn 2021 competition, view the applicant guidance and make an application for funding, please visit our competition page.