Weekly VEEC Analysis WE 3rd September

Headlines

In the week ending 3rd August 2017, VEEC creation was as follows:

  • 171,723 up 23% compared to the previous week’s creation
  • The average for the last 3 weeks is 157,833
  • The target for 2017 is 5.9 million VEECs, up from 5.4 million in 2016
  • We have created 8.76 million VEECs which means we have met the 2017 target (assuming all created VEECs are registered). 7.56 million VEECs have been registered or pending payment.
  • Commercial Lighting contributed 160,287 VEECs (92%) compared to 126,658 VEECs (91%) the previous week
  • The VEEC spot price increased to $14.35 COB Friday, compared to $14.00 the previous Friday

Analysis

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

Line Chart 20170903

Pie Chart 20170903

Activity Summary 20170903jpg

 

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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