Industrial Energy Transformation Fund: Phase 2
The Department for Business, Energy & Industrial Strategy has launched the second phase of the Industrial Energy Transformation Fund. The aim of the fund is to provide grant funding for feasibility and engineering studies, and for the deployment of industrial energy efficiency and deep decarbonisation projects.
A total of £70 million is available for:
- studies – feasibility and engineering studies to enable companies to investigate identified energy efficiency and decarbonisation projects prior to making an investment decision
- energy efficiency – deployment of technologies to reduce industrial energy consumption
- deep decarbonisation – deployment of technologies to achieve industrial emissions savings
The funding is available to businesses registered in England, Wales or Northern Ireland operating in the following sectors:
- Mining and quarrying
- Manufacturing
- Recovery and recycling of materials
- Data centre.
Click here to find out more.