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VEU Certificate Creation Report

 

 

 

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

 

 

 

 

Results

 

 

 

  • 79,870 VEECs were created for the period between 3/11/2024 and 10/11/2024.
  • 37,994 down from the previous week.
  • The VEEC Spot price is $105.75 – up $0.50 on 11/11.
  • Water Heating Activities (1D, 3C, 3D) contributed 4,947 (6.19%) VEECs compared to 8,151 (6.92%) VEECs in the previous week.
  • Space Heating and Cooling Activities contributed 36,593 (45.82%) VEECs compared to 63,208 (53.63%) VEECs in the previous week.

 

 

 

 

Target Tracking

 

 

The 2024 target is 7.1M with currently 8,093,829 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 19,637
Pending Registration Validation 403,126
Pending Transfer 2,043
Registered 7,669,023
Total 8,093,829

 

 

 

 

 

 

 

 

Analysis

 

 

 

 

 

 

 

% of VEECs Created

 

 

 

 

 

 

Total Weekly Creation Pie Chart

 

 

 

Blake\'s CompanyWEEKLY VEU ANALYSIS WE 10TH NOV 2024