VEU Certificate Creation Report

Creation between 16/06/2024 and 23/06/2024

Results

• 158,469 VEECs were created for the period between 16/06/2024 and 23/06/2024.
• 44,412 up from the previous week.
• The VEEC Spot price is $102.50 – down $1.50 on 24/06.
• Water Heating Activities (1D, 3C, 3D) contributed 7,414 (4.68%) VEECs compared to 4,719 (4.14%) VEECs in the previous week.

Target Tracking

The 2024 target is 7.1M with currently 6,254,099 VEECs already Registered/ Pending Registration/ Pending Payment.

Based on current creation trends, we estimate the VEEC surplus will be exhausted by Q1 2025 incorporating a Market liquidity requirement of 1,299,872.

Analysis

Total Weekly Creation Pie Chart