Advanced Refrigeration - ARS2024006

Audit Analysis

A multi-state US refrigerant-replacement project under ACR with VVB-confirmed additionality and internally consistent ERR figures, but weakened by three material findings requiring corrective action, a project-specific (non-jurisdictional) baseline, and several monitoring parameters (usage method, FNRB) not stated in the available documents. The full lifetime ERR was verified in a single two-week monitoring window, which is consistent with the one-time nature of refrigerant replacement but limits the depth of operational monitoring evidence.

Project Description

Red Flags

• ⚠Three material findings in the monitoring report (incorrect location reference, stray retrofit-project text, wrong project start date) each require corrective action, indicating quality-control gaps in the project documentation
• ⚠The validation report does not address leakage or reversal events, while the monitoring report states leakage is 'deemed negligible' — the inconsistency between the two documents weakens the evidentiary chain
• ⚠Usage monitoring method and FNRB methodology are not stated in any available document, leaving the operational-verification basis for the 10-year crediting period undocumented

Credit Vintages