EP Blog


VEU Certificate Creation Report




Creation between 30/06/2024 and 7/07/2024







  • 88,956 VEECs were created for the period between 30/06/2024 and 7/07/2024.
  • 108,562 down from the previous week.
  • The VEEC Spot price is $102.50 – up $0.75 on 8/07.
  • Water Heating Activities (1D, 3C, 3D) contributed 6,885 (7.74%) VEECs compared to 7,598 (3.85%) VEECs in the previous week.






Target Tracking

The 2024 target is 7.1M with currently 6,512,625 VEECs already Registered/ Pending Registration/ Pending Payment.


Based on current creation trends, we estimate the VEEC surplus will be exhausted by Q2 2025 – This has pushed out slightly from

last month, following an increase in creation over the past two months.




Pending Payment 73,569
Pending Registration Validation 609,428
Pending Transfer 17,738
Registered 5,811,890












Total Weekly Creation Pie Chart



Blake\'s CompanyWEEKLY VEU ANALYSIS WE 07TH JUL 2024