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VEU Certificate Creation Report

 

 

 

Creation between 27/10/2024 and 3/11/2024

 

 

 

Results

 

 

  • 117,864 VEECs were created for the period between 27/10/2024 and 3/11/2024.
  • 41,562 up from the previous week.
  • The VEEC Spot price is $105.25 – up $1.50 on 4/11.
  • Water Heating Activities (1D, 3C, 3D) contributed 8,151 (6.92%) VEECs compared to 5,888 (7.72%) VEECs in the previous week.
  • Space Heating and Cooling Activities contributed 63,208 (53.63%) VEECs compared to 38,332 (50.24%) VEECs in the previous week.

 

 

 

 

Target Tracking

 

The 2024 target is 7.1M with currently 8,013,886 VEECs already Registered/ Pending Registration/ Pending Payment.

 

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

 

Pending Payment 24,260
Pending Registration Validation 368,621
Pending Transfer 3,629
Registered 7,617,376
Total 8,013,886

 

 

 

 

 

 

 

Analysis

 

 

 

 

 

 

% of VEECs Created

 

 

 

 

 

Total Weekly Creation Pie Chart

 

 

 

 

Blake\'s CompanyWEEKLY VEU ANALYSIS WE 03RD NOV 2024