Weekly VEEC Analysis WE 19th November

Headlines

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

  • 186,389 up 147% compared to the previous week’s creation
  • The average for the last 3 weeks is 143,694
  • We have created 10.22 million VEECs which means we have met the 5.9 million 2017 target.  9.22 million VEECs have been registered or pending payment.
  • Commercial Lighting contributed 177,789 VEECs (94%) compared to 64,248 VEECs (90%) the previous week
  • The VEEC spot price decreased to $18.30 COB Friday, compared to $18.80 the previous Friday

Analysis

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

20171119a Line Chart

20171119b Chart Activity

20171119c Acitivity Summary

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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