VEU Certificate Creation Report

Creation between 25/08/2024 and 1/09/2024

Results

• 79,146 VEECs were created for the period between 25/08/2024 and 1/09/2024.
• 2,509 up from the previous week.
• The VEEC Spot price is $108.00 – on 2/09.
• Water Heating Activities (1D, 3C, 3D) contributed 7,577 (9.57%) VEECs compared to 6,344 (7.53%) VEECs in the previous week.
• Space Heating and Cooling Activities contributed 36,686 (46.35%) VEECs compared to 43,395 (51.51%) VEECs in the previous week.

Target Tracking

The 2024 target is 7.1M with currently 7,217,321 VEECs already Registered/ Pending Registration/ Pending Payment.

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

Analysis

% of VEECs Created

Total Weekly Creation Pie Chart