Weekly VEEC Analysis WE 19th March

Headlines

In the week ending 19th March 2017, VEEC creation was as follows

  • 77,669 down 47% compared to the previous week’s creation
  • The average for the last 3 weeks is 119,729
  • We have now met the 2016 target for both creation and registration
  • Commercial Lighting contributed 55,739 VEECs (78.3%) compared to 120,776 VEECs (83.0%) the previous week
  • The VEEC spot price increased to $13.85 COB Friday, up from $13.80 the previous week.

Analysis

The graph below shows the overall trend of total VEECs created each week. 

 

Emerald Planet has been working at the forefront of the environmental market since 2006. Emerald Planet was originally founded with the vision to reduce greenhouse gas emissions by utilising energy efficient products. Emerald Planet was involved with the NSW greenhouse Gas Abatement scheme (GGAS) from 2006 and partnered in the giveaway and installation of over 15 million CFL globes across NSW to December 2008.

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