Weekly VEEC Analysis WE 8th October


In the week ending 8th October 2017, VEEC creation was as follows:

  • 109,128 down 25% compared to the previous week’s creation
  • The average for the last 3 weeks is 126,769
  • The target for 2017 is 5.9 million VEECs, up from 5.4 million in 2016
  • We have created 9.42 million VEECs which means we have met the 2017 target (assuming all created VEECs are registered). 8.28 million VEECs have been registered or pending payment.
  • Commercial Lighting contributed 98,972 VEECs (91%) compared to 130,774 VEECs (90%) the previous week
  • The VEEC spot price decreased to $16.75 COB Friday, compared to $18.30 the previous Friday


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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