The Industrial Energy Transformation Fund Phase 3 will support businesses with high energy use to cut their energy demand and reduce carbon emissions. It will provide funding for capital investment for industrial energy efficiency and decarbonisation. The Spring 2024 window, worth up to £185m million, for sites in England, Wales and Northern Ireland 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 7-9)
  • Deployment of decarbonisation technologies that reduce carbon emissions associated with the industrial process (TRL 7-9)

See slides attached from a recent webinar, facilitated by Invest NI

IUK Business Connect IETF

Competitions close on 19th April 2024

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