£185m fund launched for industrial energy efficiency improvements and decarbonisation projects
Member businesses in the agri-supply industry have the opportunity to apply for government funding for industrial energy efficiency improvements and decarbonisation projects.
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.
A budget of £185 million will be allocated across two competition windows in 2024.
The eligible industrial processes within the scope of the fund are based on Standard Industrial Classification (SIC) codes and include several Member activities, such as:
- manufacturing activities, including the manufacture of prepared feeds for farm animals, grain milling, the manufacture of fertilisers and nitrogen compounds and the manufacture of pesticides and other agrochemical products;
- the mining of chemical and fertiliser minerals; and,
- activities that fall under controlled environment horticulture, including growing a range of crops, plant propagation and support activities for crop production.
The spring 2024 competition opens to applications on 29 January, closing on 19 April 2024, with a second competition window set for later in the year.
The competition is open to businesses of any size with an eligible site located in England, Wales or Northern Ireland. Unfortunately, sites based in Scotland are not eligible to enter this competition.
A briefing webinar followed by regular stakeholder clinics is being offered by the Department for Energy Security and Net Zero (DESNZ) from early February.
Members can engage with these by registering via the following links:
IETF stakeholder briefing webinar
- 10:00 - 12:00
- 6 February 2024
- Click here to register
IETF stakeholder clinics
- From 20 February to 16 April 2024
- 10:00 - 11:00
- Click here to register
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