Industrial Energy Transformation Fund (IETF) - Phase 3

Source: International Energy Agency
Last updated: 11 September 2025
GBP 185 million (USD 235 million) allocated as part of Phase 3 of the Industrial Energy Transformation Fund. Outcomes of the competition were expected in Q4 2024, which was delayed to Q2 2025 for the initial announcements. Operation for winner should start no later than March 2028

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