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VEEC & ESC Snapshot - November 2014
There are now sufficient registered VEECs available to meet the 2014 target. Assuming the 2015 target will remain at 5.4 million and 400,000 certificates are required for liquidity float, 5.2 million certificates are required to meet the 2015 target. This means an average of 85,759 VEECs need to be created every week to end January 2016.
The latest analysis on the LGC market
The level of generation from baseline hydro continues to fall however still tracking to create more than 2 million LGCs for 2014.