News

WEEKLY VEEC ANALYSIS WE 10th FEBRUARY

Headline

  • VEEC Activity Creation Trends
    • Building based lighting continues to dominate the bulk of VEEC creation each week.
    • As can be seen from this graph below, building based lighting upgrades account for between 84% and 54% of total VEECs created each week.
    • Recently, 21B has been the next highest contributor (<20%) followed by 21A (<10%) ignoring very low creation weeks around the Christmas break.

Results

In the week ending 10th February 2019, VEEC creation was as follows:

  • 68,244 up 94% compared to the previous week’s creation of 35,127
  • The average for the last 3 weeks is 58,609
  • Commercial Lighting contributed 52,971 (78%) compared to 18,887 (54%) the previous week
  • The VEEC spot price was $18.00 COB Friday, up $1.75 from the previous Friday on the back of market speculation last week.

Analysis

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

GemmaWEEKLY VEEC ANALYSIS WE 10th FEBRUARY