VEU Certificate Creation Report

Creation between 11/08/2024 and 18/08/2024

Results

• 78,226 VEECs were created for the period between 11/08/2024 and 18/08/2024.
• 13,353 down from the previous week.
• The VEEC Spot price is $108.00 – down $0.35 on 19/08.
• Water Heating Activities (1D, 3C, 3D) contributed 5,364 (6.86%%) VEECs compared to 5,804 (6.34%) VEECs in the previous week.
• Space Heating and Cooling Activities contributed 34,481 (44.08%) VEECs compared to 40,081 (43.77%) VEECs in the previous week.

Target Tracking

The 2024 target is 7.1M with currently 7,061,793 VEECs already Registered/ Pending Registration/ Pending Payment.

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

 Forecast

Analysis

% of VEECs Created

Total Weekly Creation Pie Chart