Take advantage of £40 million worth of IETF grants and renew your electricity network
The Industrial Energy Transformation Fund (IETF) is a government grant that supports the development and deployment of technologies that enable businesses with high energy use to transition to a low carbon future, in line with the UK’s net zero goals and sustainability ambitions.
Are you an industrial energy user in an energy intensive sector?
Do you want to cut your energy bills and improve your energy efficiency?
Are you looking to leverage technologies to build network resilience?
Do you want to decarbonise your whole industrial process?
Modernising your electricity network can bring about multiple benefits including cost savings, improved energy efficiency and resilience, and ensure that your electrical assets remain operationally fit for purpose and environmentally friendly over the long run.
As experts in solving energy challenges for a broad range of clients across multiple industry sectors, we are well-placed to develop and deliver integrated solutions that are targeted to your energy challenges while helping you meet your sustainability goals. Implementing a smart grid for example can help you to take advantage of renewable technologies and network automation now and in the future. Whether you are looking to review your energy strategy, run a feasibility study, update your electrical network infrastructure or decarbonise your whole industrial process, we are here to help.
The IETF is designed to encourage energy intensive businesses to cut their carbon emissions and reduce their energy waste through switching to energy efficient low carbon technologies. Phase 1 of the IETF provides grant funding for feasibility and engineering studies and for the deployment of industrial energy efficiency projects. Businesses can take advantage of £40m worth of grants to do this.
We can help apply for the fund, manage the application, as well as design and implement solutions that address both your current requirements and future plans.
To apply for the fund, you must meet the following:
- You must be a business in the manufacturing industry (SIC Codes 10 to 33) or Data Centres (SIC code 63110)
- Your business needs to be registered in England, Wales or Northern Ireland
- The minimum value of the fund must be £100,000 across single or multiple projects on a single site in the same postcode
All competition applications must be completed by 14 July 2021 at 11:00 am. Following this, Phase 2 of the fund (which will be launching later this year) will expand the scope of the fund to include deployment of decarbonisation technologies.
Awarded projects must start no later than 1 January 2023 and end by 31 December 2024.