Designing the Industrial Energy Transformation Fund
Detail of outcome
We are now consulting to seek stakeholder views on our design proposals for the Fund. These include proposals on who is eligible for the Fund, which technologies the IETF will support and how the Fund will be delivered.
Our proposals reflect the responses and stakeholder views gathered during the informal consultation and our wider stakeholder engagement. Following analysis of the responses to this consultation, we aim to publish the government response and application guidance in Spring 2020, in advance of launching the first phase of the Fund in Summer 2020.
Detail of feedback received
We received 57 responses to our informal consultation.
The majority were from trade associations and large businesses (38% and 25% respectively), with the remainder being SMEs, private individuals, academics and special interest groups.
Around a third of responses were from Energy Intensive Industries (EIIs) or their trade associations.
We received responses from across the UK, including representatives connected to several industrial clusters as well as Scottish industry.
Original consultation
Consultation description
The £315 million Industrial Energy Transformation Fund will support businesses with high energy use to:
- cut their bills and emissions through increased energy efficiency
- transition to a low carbon future through the use of lower carbon energy and processes
This informal consultation seeks views and supporting evidence to help us design the fund. Its focus is particularly on the benefits and barriers to industrial decarbonisation as government has a good understanding of these issues for energy efficiency.
Documents
Last updated 10 October 2019 + show all updates
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Consultation closed with link to follow-on consultation.
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First published.