Consultation outcome

Industrial Energy Transformation Fund: finalising the design

This consultation has concluded

Download the full outcome

Detail of outcome

Our proposals for the final design of the fund were generally well received. The majority agreed with proposals on:

  • which technologies it should support
  • the feasibility and engineering studies
  • funding support and how it would be delivered

The proposals on eligible organisations and the minimum grant award size received a mixed response, so we have lowered the minimum threshold from £1 million to £250,000 to allow more SMEs to apply.

The IETF will be delivered in 2 phases:

  • Phase 1, with up to £30 million of funding for England, Wales and Northern Ireland, will open on 20 July 2020
  • Phase 2, with the remainder of the funding, will launch in 2021

We have now published the Phase 1 guidance for applicants.

Detail of feedback received

We received 88 responses to our formal consultation.

Responses were from:

  • manufacturing companies (50%)
  • trade associations
  • local government
  • academics
  • non-governmental organisations (NGOs)

We held 6 consultation events across the UK, which were attended by 131 stakeholders. 27 of these responded formally to the consultation.

Original consultation

Summary

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

This consultation ran from
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Consultation description

The 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

Published 10 October 2019
Last updated 29 June 2020 + show all updates
  1. Government response published.

  2. First published.