<p>The Department announced £12 million funding awarded through the Industrial Energy Transformation Fund (IETF). The IETF provides grant funding to existing industrial sites, helping industry to invest in more efficient technologies and reduce emissions by bringing down the costs and risks associated with investing in decarbonisation technologies. Of the £12 million announced in the press release, £1.5m of this went to businesses in Northern Ireland.</p><p> </p><p>The Spring 2024 window of Phase 3 of the IETF is currently open to applications and closes on 19<sup>th</sup> April.</p><p> </p><p>Information on competition winners of the IETF can be found <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fpublications%2Findustrial-energy-transformation-fund-ietf-competition-winners&data=05%7C02%7CParliamentary.PQ%40energysecurity.gov.uk%7C1e63cab15c2945b00c5708dc43438354%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638459204440994796%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=7Q%2FQSzYcN3%2BzcaH0MR1Gkt3KHyDky7xu9GrTXl63%2Fis%3D&reserved=0" target="_blank">here</a>.</p>