News

WEEKLY NSW ESS ANALYSIS WE 14th APRIL

Headlines

 

In the week ending 14th April 2019, ESC creation was as follows:

  • Weekly creation was 106,033 ESCs down to a third of the previous week’s creation of 309,737 ESCs
  • This represents a return to normality while noting that HEER creation was still very strong at 27k.
  • The average for the last 3 weeks is nominally 157,757 ESCs
  • Commercial Lighting contributed 38,291 ESCs (36%) compared to 206,985 ESCs (69%) the previous week
  • HEER contributed 26,667 ESCs (30%) up from 18,336 ESCs (6%) the previous week.
  • The ESC spot price was $20.80 COB Friday, up $0.70 from the previous Friday

 

Analysis

The graph below shows the overall trend of total ESCs registered each week. 

 

 

GemmaWEEKLY NSW ESS ANALYSIS WE 14th APRIL
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WEEKLY VEEC ANALYSIS WE 14th APRIL

Headline – ESC request for submissions for Activity 21A Abulb upgrades.

  • The ESC have asked for submissions on a consultation paper to extend the transition period to allow non omni-directional lamps to be installed until 31 July 2019 under activity 21A of the Victorian Energy Upgrades program.
  • Submissions are due at 5.00pm Wednesday 24 April 2019, to be sent to veu@esc.vic.gov.au.

 

Results

In the week ending 14th April 2019, VEEC creation was as follows:

  • 91,703 up 20% compared to the previous week’s creation of 76,223.
  • This is the highest weekly creation this year and continues an upward trend since the start of 2019.
  • The average for the last 3 weeks is now 81,900
  • This increase is due to increased creation activities in both 21A and Commercial lighting.
  • Commercial Lighting contributed 51,853 (57%) compared to 38,726 (50%) the previous week
  • Updated 21A had another record week with 28,369 VEECs (31%) created compared to 23,467 VEECs (30.5%)the week before.
  • This continues the trend of increasing 21A creation to four consecutive weeks.

The VEEC spot price was $20.50 COB Friday, unchanged from the previous Friday.

Analysis

The graph below shows the overall trend of total VEECs created each week.

The graph below shows creation against targets.  The right hand axis is for the cumulative creation and cumulative target, and the left hand axis the weekly creation.  Please note, this is creation – not all VEECs created are registered.

 

To give you a visual breakdown of Activities for the week, please see below.

GemmaWEEKLY VEEC ANALYSIS WE 14th APRIL
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WEEKLY NSW ESS ANALYSIS WE 7th APRIL

Headlines

 

In the week ending 7th April 2019, ESC creation was as follows:

  • Weekly creation was 309,737 ESCs up a massive 439% compared to the previous week’s creation of 57,500 ESCs
  • The average for the last 3 weeks is nominally 163,690 ESCs
  • Commercial Lighting contributed 206,985 ESCs (69%) compared to 54,432 ESCs (95%) the previous week
  • The ESC spot price was $20.10 COB Friday, down $0.90 from the previous Friday

Analysis

The graph below shows the overall trend of total ESCs registered each week. 

 

 

GemmaWEEKLY NSW ESS ANALYSIS WE 7th APRIL
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WEEKLY VEEC ANALYSIS WE 7th APRIL

Headline – Updated Compliance for Activity 34 & 21 (including Abulbs)

  • Additional evidence requirements for 7000hr Carpark spaces.

 Results

In the week ending 7th April 2019, VEEC creation was as follows:

  • 76,223 down 2% compared to the previous week’s creation of 77,773
  • The average for the last 3 weeks is 70,567
  • Commercial Lighting contributed 38,726 (50%) compared to 45,145 (58%) the previous week
  • The VEEC spot price was $20.50 COB Friday, down $0.50 from the previous Friday.

 

Analysis

The graph below shows the overall trend of total VEECs created each week.

The graph below shows creation against targets.  The right hand axis is for the cumulative creation and cumulative target, and the left hand axis the weekly creation.  Please note, this is creation – not all VEECs created are registered.

 

To give you a visual breakdown of Activities for the week, please see below.

GemmaWEEKLY VEEC ANALYSIS WE 7th APRIL
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