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Report: VEEC Snapshot (October 2015)

06 Nov 2015

The VEEC Snapshot is available as part of Green Energy Markets' Energy Efficiency subscription.  For more information or to susbcribe please contact Emily on 03 9805 0729 or email us.

Highlights:

  • The spot price opened October at $35.50 and increased rapidly to reach a high of $39.20 before dropping sharply to a low of $22.00 on 22 October. The price recovered to close the month at $26.00. This price volatility is very unusual and never before seen in the history of this scheme.
  • 530k VEECs were submitted for registration in October, 15 per cent higher than the 461k submitted in September.
  • Accredited Power Savers Co was the largest creator of certificates for the third month in a row, creating almost 77k VEECS (14.5 per cent), with the majority created for 21C activities. They have been the top creator for four of the last five months.
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