Industrial Energy Transformation Fund (IETF) Phase 2: Autumn 2021 (closed to applications)

Phase 2 of the IETF provides grant funding for feasibility and engineering studies, and for the deployment of industrial energy efficiency and deep decarbonisation projects.

Applies to England, Northern Ireland and Wales


Industrial Energy Transformation Fund (IETF): privacy notice


Update 10 January 2022

The IETF Phase 2: Autumn 2021 competition window is now closed and we are assessing applications.

IETF Phase 2: Autumn 2021 provides up to £60 million of grant funding for the following project types:

  • studies - feasibility and engineering studies to enable companies to investigate identified energy efficiency and decarbonisation projects prior to making an investment decision
  • energy efficiency - deployment of technologies to reduce industrial energy consumption
  • deep decarbonisation - deployment of technologies to achieve industrial emissions savings

BEIS is delivering this phase of the competition for England, Wales and Northern Ireland.

Competition dates

Phase 2: Autumn 2021:

  • opened to applications on Monday 27 September 2021
  • closed on Tuesday 7 December 2021 at 3pm


The Phase 2: Autumn 2021 competition was open to businesses of any size registered in England, Wales or Northern Ireland. Businesses must operate an existing site which falls into the following SIC codes:

Eligible industrial processes SIC codes
Mining and quarrying 05101 through to 05200
07100 through to 08990
Manufacturing 10000 through to 33200
Recovery and recycling of materials 38320
Data centre 63110

Businesses are allocated a SIC code at the time of registering at Companies House. You need to check your business SIC code to make sure you are eligible. If a parent company has a SIC Code that does not reflect the activity carried out at the site of the proposed application, for example where a data centre is owned by a telecoms company, you may be eligible.

The guidance document provides more detail on the eligibility criteria.


The funding will be awarded as grants towards the total costs of successful proposals. Proposals must fall within the stated minimum and maximum award thresholds in the table below. Unless otherwise specified, thresholds refer to the minimum and maximum grant that you can apply for.

Funding applied for Minimum threshold per application Maximum threshold per project
Energy efficiency deployment projects £100,000 £14 million
Deep decarbonisation deployment projects £100,000 £30 million
Engineering studies £50,000 (total eligible cost) £14 million
Feasibility studies £30,000 (total eligible cost) £7 million

Get in touch

If you need more information about Phase 2 of the IETF for England, Wales and Northern Ireland, contact the BEIS IETF team at

If your site is based in Scotland, you can apply for the Scottish Industrial Energy Transformation Fund (SIETF): contact for more information.

Read our IETF Phase 2 policy statement which explains the design choices.

Updates to this page

Published 22 September 2021
Last updated 10 January 2022 + show all updates
  1. The IETF Phase 2: Autumn 2021 competition window is now closed to applications.

  2. We have extended the application deadline to 3pm Tuesday 7 December 2021.

  3. Industrial Energy Transformation Fund (IETF) Phase 2: Autumn 2021 now open to applications.

  4. First published.

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