VEU Certificate Creation Report

Creation between 19/05/2024 and 26/05/2024

Results

• 75,387 VEECs were created for the period between 19/05/2024 and 26/05/2024.
• 36,799 down from the previous week.
• The VEEC Spot price is $112.25 – up $1.00 on 27/05.
• Water Heating Activities (1D, 3C, 3D) contributed 6,727 (8.92%) VEECs compared to 6,817 (6.08%) VEECs in the previous week.

Target Tracking

The 2024 target is 7.1M with currently 3,875,759 VEECs already Registered.

Based on current creation trends, we estimate the VEEC surplus will be exhausted by December 2024/ Q1 2025.

Analysis

Total Weekly Creation Pie Chart