Weekly VEEC Analysis WE 5th August

Headlines

In the week ending 5th August 2018, VEEC creation was as follows:

  • 94,090, down 5% compared to the previous week’s creation
  • The average for the last 3 weeks is 97,964
  • Commercial Lighting contributed 74,519 (79%) compared to 72,802 (73%) the previous week
  • The VEEC spot price was $23.55 COB Friday, down from $23.90 the previous Friday

Analysis

 

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

 

20180805a line Chart

20180805a line Chart

20180805a line Chart

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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