The UK Government announced £315 million of funding in the 2018 Autumn Budget. The funding is available over the period to 2024. It 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.
The Department for Business, Energy and Industrial Strategy (BEIS) is managing the Industrial Energy Transformation Fund (IETF) with £289 million to invest in England, Wales and Northern Ireland.
Today we've had the opportunity to talk to Lily Tozer, Head of Market Intelligence for the IETF at Department for Business, Energy and Industrial Strategy (BEIS), about the actual Industrial Energy Transformation Fund (IETF) that is a great opportunity for all those SMEs from all sectors in the industry to become more energetically efficient and so more sustainable.
Below some links of interest about the IETF:
IETF site collection page - https://www.gov.uk/government/collections/industrial-energy-transformation-fund
IETF Phase 1: Spring 2021 - https://www.gov.uk/government/publications/industrial-energy-transformation-fund-ietf-phase-1-spring-2021-how-to-apply
IETF Phase 1: Summer 2020 - https://www.gov.uk/government/publications/industrial-energy-transformation-fund-ietf-phase-1-how-to-apply
And also you'd find all these information plus a specific summary of the IETF in our Sustainability Platform, that you can join totally FOC on the link right below:
https://wogaard.kartra.com/page/Sustainability_Platform
Thanks for listening! and if you have any doubts please do not hesitate to reach us out!