Research and analysis
Industrial Energy Transformation Fund (IETF): benefits
Benefits of the IETF, covering funding, applicant information, emissions and savings, and case studies of successful projects.
Applies to England, Northern Ireland and Wales
Documents
Details
The Industrial Energy Transformation Fund (IETF), launched in 2020, was designed to help high-energy-use businesses cut their energy bills and carbon emissions through investing in energy efficiency and low carbon technologies. It was in 3 phases with up to £500 million of funding available until 2028.
This report sets out:
- how the funding was spent
- applicant information
- expected emissions
- energy savings
- other expected benefits
It draws on:
- delivery data
- estimates of core benefits which companies provided at the application stage
- case studies
See also:
- IETF Phase 1: first stage process evaluation, (published September 2021)
- IETF Final Process Evaluation
- IETF competition winners
Updates to this page
Published 29 January 2026