Government Funding for Industrial Energy Transformation : A response to rising energy costs

On the 22 March at 11am join Net Zero North West for a webinar to explain the support that is available to decarbonise industrial processes and reduce energy costs.

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In a time of rising energy costs. businesses with high energy use will be concerned about the impact on their bottom line. Is it a good time to talk about aspirations to decarbonise businesses?

The Department for Business, Energy and Industrial Strategy (BEIS) funds Local Enterprise Partnerships in the North West to support action on Net Zero. The Net Zero North West hub invites you to a webinar to explain support that is available to decarbonise industrial processes and reduce energy costs.

The webinar will benefit a number of organisations and professionals including:

  • Manufacturing companies
  • Mining and quarrying companies
  • Recovery and recycling of materials companies
  • Data centres
  • Energy efficiency and decarbonisation technology providers

This webinar will include a presentation from the UK Knowledge Transfer Network about the funding that is currently available for Industrial Energy Transformation – see below.

Also on the agenda:

  • An offer of support from the Net Zero Hub to help scope projects
  • Examples of how funding has supported other businesses
  • Findings of recent research to consider the options for different industrial sectors.
  • An opportunity to discuss the impacts of energy costs on your business.
  • Community energy funding options

Industrial Energy Transformation Fund Phase 2 Spring 2022

Knowledge Transfer Network

The Department for Business, Energy and Industrial Strategy (BEIS), in collaboration with Innovate UK KTN, will provide an online competition briefing to share details of the new Industrial Energy Transformation Fund (IETF) Spring 2022 window of funding.

The IETF will support businesses with high energy use to transition to a low carbon future, and to cut their bills and emissions through increased energy efficiency and decarbonisation. It is a crucial part of the Government’s strategy for tackling climate change and reaching Net Zero by 2050. It complements other government programmes that offer innovation and early demonstration support, such as the Industrial Energy Efficiency Accelerator and Industrial Fuel Switching (part of the Net Zero Innovation Portfolio) and will help to transform an important part of the UK economy.

The Phase 2 competition for England, Wales and Northern Ireland opens on the 31st January 2022 and runs until 29th April 2022 and is worth up to £60 million in funding. It will be available in the form of a grant scheme and will fund:

  • Studies – feasibility and engineering studies to investigate identified energy efficiency and decarbonisation projects prior to making an investment decision.
  • Energy Efficiency projects – deployment of technologies to reduce industrial energy consumption. TRL 8-9
  • Deep Decarbonisation projects – deployment of technologies to achieve industrial emissions savings. TRL 7-9

For more information on IETF Phase 2: Spring 2022 and to view the applicant guidance, click here

The briefing webinar will include an opportunity to:

  • Hear about the scope of the competitions in more detail and how to apply
  • Learn about the eligibility criteria
  • Hear about the IETF support and information services available for businesses