Industrial Energy Transformation Fund

(asked on 14th September 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what the differences are between the Industrial Energy Transformation Fund rules for (a) Northern Ireland and (b) England and Wales.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 19th September 2023

The Industrial Energy Transformation Fund (IETF) runs in accordance with the relevant subsidy control scheme for each country. The same IETF rules apply to companies in all countries, with the exception of the aid thresholds for decarbonisation deployment projects. For companies in England and Wales, the maximum aid intensity that a company can claim is 50%, 60% and 70% for small, medium and large companies respectively. To comply with the General Block Exemption Regulations (GBER), applicable under the Northern Ireland Protocol, the maximum aid intensity that companies in Northern Ireland can claim is 40%, 50% and 60%, dependent on their size, plus a further 5% to reflect the region’s Tier 2 status under the EU subsidy control regime.

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