Scottish Industrial Energy Transformation Fund (SIETF)
SIETF background
In October 2018, UK Government announced an Industrial Energy Transformation Fund providing of up to £315 million. Scottish Ministers opted to deliver a separate IETF in Scotland. In September 2020, our Programme for Government announced that £34 million would be made available for capital projects and the fund has featured in each Programme for Government since.
The importance of shared objectives to meet climate change targets ensures that we work closely with other UK administrations on the SIETF. Yet a distinct fund allows flexibility towards the specific characteristics of Scotland’s industrial manufacturing base.
About the SIETF
As well as an environmental necessity, industrial decarbonisation is an economic opportunity – to grow our existing energy intensive sectors and to attract the manufacturing industries of the future. However, engagement with industry leaders has shown that there are significant barriers to attracting the necessary investment – particularly long payback periods – whilst sites must remain internationally competitive.
Via match-funding, the SIETF incentivises investment in existing sectors, building on their considerable strengths. SIETF-supported projects demonstrate government and industry are taking steps together to deliver against climate change plan targets by co-investing to decarbonise the industrial sites that local jobs and communities depend upon.
Our May 2025 Programme for Government reiterates our commitment to work with industry to accelerate decarbonisation and create energy transition opportunities via the SIETF.
See case studies of projects funded to date.
For industrial sites in England, Wales and Northern Ireland, refer to the Industrial Energy Transformation Fund managed by the UK Government.
An interactive map of projects from across the UK, supported by IETF and SIETF has been produced.
Closed invitations
The fourth call for projects for the Scottish Industrial Energy Transformation fund (archive link) closed in March 2025.
The third call for projects for the Scottish Industrial Energy Transformation fund (archive link) closed in November 2022.
The second call for projects of the Scottish Industrial Energy Transformation Fund 2021 is accessible (archive link).
Scottish Industrial Energy Transformation Fund 2020 competitions can also be viewed in the archive:
- competition 1 - energy efficiency deployment
- competition 2 - feasibility and front-end engineering design (FEED) studies
Contact
Please email enquiries to SIETF@gov.scot.