Weekly VEEC Analysis WE 26th November

Headlines

In the week ending 26th November 2017, VEEC creation was as follows:

  • 182,358 down 3% compared to the previous week’s creation
  • The average for the last 3 weeks is 148,511
  • We have created 10.40 million VEECs which means we have met the 5.9 million 2017 target.  9.35 million VEECs have been registered or pending payment.
  • Commercial Lighting contributed 168,746 VEECs (95%) compared to 177,789 VEECs (94%) the previous week
  • The VEEC spot price increased to $19.00 COB Friday, compared to $18.30 the previous Friday

Analysis

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

20171126a Line Chart

 

20171126b Chart Activity20171126c 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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