The first voluntary agreement signed in March 1996 by the former Minister of Energy and FEDIL (Federation des Industriels Luxembourgeois) included a target for an average 10% improvement in energy efficiency by 35 of its members between 1990 and 2000. This first voluntary agreement terminated at the end of 2000. An assessment report for the period 1990-2000 shows that energy efficiency improved by 15%. In 2001, discussions to conclude another voluntary agreement for industry resulted in a new voluntary agreement signed on 29 April 2002. FEDIL and the government expect that through energy savings in installations and production processes, energy efficiency could be improved by an average of 20% during the period 1990-2010. No targets for individual companies were set in these voluntary agreements. (Fore more details on further agreements, see reference below.) IEA/IRENA Global Renewable Energy Policies and Measures Database © OECD/IEA and IRENA, [November 2020]