VEU Certificate Creation Report

Creation between 18/08/2024 and 25/08/2024

Results

• 76,637 VEECs were created for the period between 18/08/2024 and 25/08/2024.
• 1,589 down from the previous week.
• The VEEC Spot price is $108.00 – on 19/08.
• Water Heating Activities (1D, 3C, 3D) contributed 6,344 (7.53%) VEECs compared to 5,364 (6.86%) VEECs in the previous week.
• Space Heating and Cooling Activities contributed 43,395 (51.51%) VEECs compared to 34,481 (44.08%) VEECs in the previous week.

Target Tracking

The 2024 target is 7.1M with currently 7,138,129 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