Creation between 26/05/2024 and 2/06/2024

Results

• 105,101 VEECs were created for the period between 26/05/2024 and 2/06/2024.
• 29,714 up from the previous week.
• The VEEC Spot price is $115 – up $2.75 on 3/06.
• Water Heating Activities (1D, 3C, 3D) contributed 8,315 (7.91%) VEECs compared to 6,727 (8.92%) VEECs in the previous week.

Target Tracking

The 2024 target is 7.1M with currently 3,980,860 VEECs already Registered.

Based on current creation trends, we estimate the VEEC surplus will be exhausted by Q1 2025.

Analysis

Total Weekly Creation Pie Chart