VEU Certificate Creation Report

Creation between 2/06/2024 and 9/06/2024

Results

• 122,163 VEECs were created for the period between 2/06/2024 and 9/06/2024.
• 17,062 up from the previous week.
• The VEEC Spot price is $114.50 – down $0.50 on 11/06.
• Water Heating Activities (1D, 3C, 3D) contributed 5,796 (4.74%) VEECs compared to 8,315 (7.91%) VEECs in the previous week.

Target Tracking

The 2024 target is 7.1M with currently 4,103,023 VEECs already Registered.

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

Analysis

Total Weekly Creation Pie Chart