VEU Certificate Creation Report

Creation between 15/09/2024 and 22/09/2024

Results

• 75,583 VEECs were created for the period between 15/09/2024 and 22/09/2024.
• 10,311 Down from the previous week.
• The VEEC Spot price is $108.00 – on 23/09.
• Water Heating Activities (1D, 3C, 3D) contributed 6,056 (8.01%) VEECs compared to 7,426 (8.65%) VEECs in the previous week.
• Space Heating and Cooling Activities contributed 35,836 (47.41%) VEECs compared to 49,096 (57.16%) VEECs in the previous week.

Target Tracking

The 2024 target is 7.1M with currently 7,496,068 VEECs already Registered/ Pending Registration/ Pending Payment.

Based on current creation trends, we estimate the VEEC surplus will be exhausted by Q3-Q4 2025.

Analysis

% of VEECs Created

Total Weekly Creation Pie Chart