Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential impact on decarbonisation of businesses not awarded funding from Phase 3 of the Industrial Energy Transformation Fund.

All applications for IETF funding are individually assessed based on the carbon and energy savings that their project will deliver, and the evidence they provide on how they will replicate and scale their chosen technology solution. Minimum scoring thresholds are used to ensure that projects that represent a good use of public money are funded, and the competitive process means that IETF funding will be allocated to the highest scoring projects, especially should the fund be oversubscribed. Unsuccessful projects are provided with feedback explaining the scores they achieved.

DESNZ monitor the impact of all IETF projects supported and will publish a full impact evaluation once the data is available. The evaluation of the IETF performance will include survey feedback from unsuccessful businesses.