Consultation outcome

Industrial Energy Transformation Fund: finalising the design

• From: Department for Business, Energy & Industrial Strategy
• Published: 10 October 2019
• Last updated: 29 June 2020 — See all updates

This consultation has concluded

Read the full outcome

IETF: finalising the design - summary of feedback and government response

PDF, 848 KB, 70 pages

Detail of outcome

Our proposals for the final design of the fund were generally well received. The majority agreed with proposals on:

• which technologies it should support
• the feasibility and engineering studies
• funding support and how it would be delivered

The proposals on eligible organisations and the minimum grant award size received a mixed response, so we have lowered the minimum threshold from £1 million to £250,000 to allow more SMEs to apply.

The IETF will be delivered in 2 phases:

• Phase 1, with up to £30 million of funding for England, Wales and Northern Ireland, will open on 20 July 2020
• Phase 2, with the remainder of the funding, will launch in 2021

We have now published the Phase 1 guidance for applicants.

Detail of feedback received

We received 88 responses to our formal consultation.

Responses were from:

• manufacturing companies (50%)
• trade associations
• local government
• academics
• non-governmental organisations (NGOs)

We held 6 consultation events across the UK, which were attended by 131 stakeholders. 27 of these responded formally to the consultation.

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Original consultation

Summary

We’re seeking views on the final design of the Industrial Energy Transformation Fund, which will help industry to improve energy efficiency and reduce carbon emissions.

This consultation ran from
1pm on 10 October 2019 to 11:45pm on 21 November 2019

Consultation description

The Industrial Energy Transformation Fund (IETF) will support businesses with high energy use to:

• cut their bills and emissions through increased energy efficiency
• reduce their emissions by decarbonising industrial processes

This consultation seeks views to help us finalise the design of the fund. It outlines our proposals for:

• who will be eligible to apply
• which technologies we will support
• providing support for feasibility/FEED studies
• different types of funding support
• the delivery of the fund

Those interested in responding to the consultation are likely to include:

• large businesses
• SMEs
• trade associations
• academics
• thinktanks
• environmental NGOs
• local government

See our earlier informal consultation: Designing the Industrial Energy Transformation Fund.

Documents

Industrial Energy Transformation Fund: supporting industry on the path to net zero

PDF, 1.52 MB, 77 pages

Published 10 October 2019
Last updated 29 June 2020 + show all updates

1. 29 June 2020

   Government response published.

2. 10 October 2019

   First published.