The Department for Business, Energy & Industrial Strategy (BEIS), in collaboration with Innovate UK and Knowledge Transfer Network (KTN), will be hosting competition briefing webinars on 14 and 20 July to share details of the new funding programme, Industrial Energy Transformation Fund (IETF).
The Phase 1 funding for England, Wales and Northern Ireland opens on the 20th July and is worth up to £30m. It will be available in the form of a grant scheme and will fund:
- Deployment of mature energy efficiency technologies that improve industrial process energy efficiency and reduce energy demand
- Feasibility and engineering studies for projects deploying mature energy efficiency technologies or deep decarbonisation technologies. These technical and economic assessments of potential projects reduce risks and provide more accurate cost estimates, enabling decision-makers to make informed investment choice.
Further details and to register can be found here