Industrial Energy Transformation Fund - GOV.UK
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The Industrial Energy Transformation Fund (IETF) supports the development and deployment of technologies that enable businesses with high energy use to transition to a low carbon future. From:
and
Published
16 July 2019
Last updated
3 July 2025
—
Following the Spending Review, it has been decided that there will be no further extension of the Industrial Energy Transformation Fund (
IETF
) and that the planned second competition window of
IETF
Phase 3 will not take place. No successor fund to the
IETF
is planned. In the 2024 Autumn Budget, the Government committed £163 million to continue delivery for all current projects in Phases 1 and 2 and the first Phase 3 competition window of the
IETF
through to completion. This remains the case and all successful projects from those competition windows remain fully funded. The Industrial Energy Transformation Fund (
IETF
) is designed to help businesses with high energy use to cut their energy bills and carbon emissions through investing in energy efficiency and low carbon technologies. We will publish
once available. We have also developed a landscape map showing the locations and details of IETF winners. Visit the
. 28 May 2025
Notice
Following a 2023 consultation on the design, Phase 3 launched in January 2024. 27 May 2025
Notice
We are assessing the Phase 2: Summer 2022 and Autumn 2022 applications. Successful applicants for the Phase 2: Autumn 2021 and Spring 2022 windows are undergoing due diligence. The policy statement outlines the Phase 2 structure and design. 9 May 2023
Notice
20 September 2022
Notice
9 May 2022
Notice
10 January 2022
Notice
22 September 2021
Policy paper
Phase 1 supported the deployment of energy efficiency projects as well as energy efficiency and decarbonisation studies. The two Phase 1 competitions ran between July 2020 and July 2021. 22 September 2021
Research and analysis
22 September 2021
Notice
22 January 2024
Notice
We have published the government response to our consultation on the design of
IETF
Phase 3. 22 November 2023
Consultation outcome
29 June 2020
Consultation outcome
10 October 2019
Consultation outcome
Published 16 July 2019
Last updated 3 July 2025
3 July 2025
Following the 2025 Spending Review, there will be no further extension of the Industrial Energy Transformation Fund (IETF), and the planned second competition window of IETF Phase 3 will not take place. 22 January 2024
IETF Phase 3 has launched; it will open to applications on 29 January 2024. 22 November 2023
Consultation on the design of IETF Phase 3 has concluded. 13 September 2023
Added link to IETF Phase 2, Summer competition winners. 26 June 2023
Added link to consultation on IETF Phase 3. 9 May 2023
We will hold a consultation later this year to finalise the design of IETF Phase 3 before launching it in early 2024. We have added a link to the latest winners for the Phase 2: Spring 2022 competition. 13 February 2023
We have announced winners from the Phase 2, Autumn 2021 competition. 20 September 2022
Link added to IETF Phase 2: Autumn 2022 competition. 9 May 2022
IETF Phase 2: Summer 2022 competition page added. 10 January 2022
Industrial Energy Transformation Fund (IETF) Phase 2: Spring 2022: guidance available now, opens to applications on 31 January 2022. Phase 2: Autumn 2021 is now closed to applications. 22 September 2021
Added information about IETF Phase 2 and a first stage process evaluation for IETF Phase 1. 24 May 2021
Link added to Industrial Energy Transformation Fund (IETF) Phase 1: Summer 2020 competition winners. 7 February 2021
IETF Phase 1: Spring 2021 opens to applications on 8 March 2021. Link to guidance added. 16 July 2019
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