Industrial Energy Transformation Fund (IETF) Phase 2: Spring 2022

Phase 2: Spring 2022 opens for applications on January 31, 2022 and provides up to £ 60million in grants for the following types of projects:

  • studies – feasibility and engineering studies to allow companies to study identified energy efficiency and decarbonization projects before making an investment decision
  • energetic efficiency – deployment of technologies to reduce industrial energy consumption
  • deep decarbonization – deployment of technologies to achieve savings in industrial emissions


The Phase 2: Spring 2022 competition is open to businesses of any size registered in England, Wales or Northern Ireland.

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

Industry type

Your business must operate an existing site that matches one of the following codes:

Eligible industrial processes

SIC codes

Mines and quarries

05101 to 05200
07100 to 08990


10,000 to 33,200

Material recovery and recycling


Data center


Please verify the code that was assigned to you when you registered with Companies House. If the parent company code does not reflect the activity on your site, such as when a data center is owned by a telecommunications company, you may still be eligible.

The guidance document provides more details on the eligibility criteria. You can also contact us regarding eligibility at [email protected]: type “Eligibility screening assessment request” as the subject line of the email.

Minimum and maximum thresholds

Funding will be provided in the form of grants covering the full cost of successful proposals. Your proposal must respect the minimum and maximum award thresholds indicated in this table. Unless stated otherwise, the thresholds refer to the minimum and maximum grant you can apply for.

Funding requested

Minimum threshold per request

Maximum threshold per project

Energy efficiency deployment projects

£ 100,000

£ 14million

Deep decarbonization deployment projects

£ 100,000

£ 30million

Engineering studies

£ 50,000 (total eligible cost)

£ 14million

Feasibility studies

£ 30,000 (total eligible cost)

£ 7million

How to register

The Spring 2022 competition:

  • open for applications on Monday, January 31, 2022, 11 a.m. We will add the link to the application form here on this date

  • closed on Friday April 29, 2022, 3 p.m.

Please read the tips on this page before completing the application form.

Get in touch

If you need more information on the Phase 2 or application process for England, Wales and Northern Ireland, please contact the BEIS team at [email protected] .uk.

Events and clinics for stakeholders

We will be running events and clinics throughout the competition window to educate companies about the scope of the competitions, eligibility criteria and the application process. This is also an opportunity for you to talk to us directly about potential projects and funding requests. We will be adding new events here.

Register for our IETF Phase 2 online informational webinar on Tuesday, February 1, 2022 from 10 a.m. to 12:45 p.m.

Read our Phase 2 policy statement that explains the design choices. To learn more about the past winners of the competition, visit the Summer 2020 Winners page.