| The IETS Program will provide $43 million in funding to assist large energy users to undertake engineering and feasibility studies to identify opportunities to lower energy costs and reduce emissions. The Program aims to support feasibility and engineering studies and associated metering that can enable an investment decision in energy efficiency and renewable energy solutions for industrial processes, which will: - deliver a transformational improvement in industrial energy efficiency as compared to business as usual energy use; and/or
- deliver a transformational increase in renewable energy use as compared to business as usual energy use; and
- deliver transformational reduction in greenhouse gas emissions below business as usual emissions, and
- demonstrate high replicability potential across similar industrial settings.
Funding will be made available to companies and organisations in the agriculture, mining, manufacturing, gas supply, water supply, waste services and data centre sectors. Grant funding will be provided in two streams: Stream A – Feasibility Studies: A Feasibility Study aims to provide an independent assessment that examines all aspects of a proposed Project, including technical, economic, financial, legal, and environmental considerations. The study should demonstrate the economic case for the technology and associated energy or emission reductions while ensuring that the technological barriers are identified and are manageable. Stream B – Engineering Studies: Engineering (or FEED) Studies have the purpose of providing sufficient Project detail to enable a Final Investment Decision to be made and a subsequent EPC (Engineering, Procurement and Construction) contract to be executed. Applicants can seek $100,000 to $500,000 for feasibility studies or $250,000 to $5 million for engineering studies.
Further information & eligibility | 
