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Industrial Energy Transformation Fund

Asked by Jim AllisterTraditional Unionist VoiceDepartment for Energy Security and Net ZeroTabled Answered 10 February 2025UIN 28279

The question

To ask the Secretary of State for Energy Security and Net Zero, whether the Industrial Energy Transformation Fund will be reopening for applications.

Answered by Sarah Jones

In the 2024 Autumn Budget, the Government committed £163 million to continue delivery for all current projects in Phases 1 and 2 and the first Phase 3 competition window of the IETF (Spring 2024) through to completion.

Ministers are considering opportunities to support UK industry to decarbonize and reach Net Zero as part of the Spending Review. Further announcements will be made in due course.

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