VEU Certificate Creation Report

Creation between 21/04/2024 and 28/04/2024

Results

• 82,365 VEECs were created for the period between 21/04/2024 and 28/04/2024
• 14,480 down from the previous week.
• The VEEC Spot price was at $97.00 – up $2.00 on 29/04
• Water Heating Activities (1D, 3C, 3D) contributed 5,365 (6.51%) VEECs compared to 8,035 (8.30%)  VEECs in the previous week.

Target Tracking

The 2024 target is 7.1M with currently 3,491,938 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