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VEU Certificate Creation Report

 

 

 

Creation between 13/10/2024 and 20/10/2024

 

 

 

Results

 

  • 86,302 VEECs were created for the period between 13/10/2024 and 20/10/2024.
  • 3,307 up from the previous week.
  • The VEEC Spot price is $103.20 – down $0.80 on 21/10.
  • Water Heating Activities (1D, 3C, 3D) contributed 6,657 (7.71%) VEECs compared to 6,128 (7.40%) VEECs in the previous week.
  • Space Heating and Cooling Activities contributed 44,415 (51.46%) VEECs compared to 35,204 (42.42%) VEECs in the previous week.

 

 

 

 

Target Tracking

 

The 2024 target is 7.1M with currently 7,820,223 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 26,969
Pending Registration Validation 389,727
Pending Transfer 1,083
Registered 7,402,444
Total 7,820,223

 

 

 

 

 

 

 

Analysis

 

 

 

 

 

 

 

% of VEECs Created

 

 

 

 

 

 

Total Weekly Creation Pie Chart

 

 

 

 

 

Blake\'s CompanyWEEKLY VEU ANALYSIS WE 20TH OCT 2024