VEU Certificate Creation Report

Creation between 1/09/2024 and 8/09/2024

Results

• 116,676 VEECs were created for the period between 1/09/2024 and 8/09/2024.
• 37,530 up from the previous week.
• The VEEC Spot price is $108.00 – on 9/09.
• Water Heating Activities (1D, 3C, 3D) contributed 7,084 (6.07%) VEECs compared to 7,577 (9.57%) VEECs in the previous week.
• Space Heating and Cooling Activities contributed 35,736 (30.63%) VEECs compared to 36,686 (46.35%) VEECs in the previous week.

Target Tracking

The 2024 target is 7.1M with currently 7,334,476 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