Babadere Geothermal Power Plant (GEPP)

Audit Analysis

The Babadere Geothermal Power Plant is a well-structured Gold Standard renewable energy project with a VVB-confirmed investment additionality test and an appropriate jurisdictional grid-emission-factor baseline. However, the project experienced significant technical disruptions (a 20-month generation outage) resulting in roughly 31% under-delivery versus the period estimate, and nine cross-document contradictions—particularly around FPIC status, baseline method, and the ex-ante versus verified ERR figures—introduce data-reliability concerns. CORSIA eligibility without a stated CCP position adds a moderate double-claiming risk.

Project Description

Red Flags

• ⚠Nine cross-document contradictions identified, including FPIC status (PDD says not conducted; 2025 validation report says conducted), baseline method (jurisdictional vs project-specific), and a 2.8× gap between the PDD ex-ante ERR (133,266 tCO2e) and the verified monitoring-period ERR (47,920 tCO2e).
• ⚠CORSIA eligibility is confirmed while CCP status is not stated in any available document, leaving the double-claiming pathway partially unassessed.
• ⚠The project could not generate electricity between July 2016 and March 2018 due to technical problems, and the verified ERR for the 2020–2023 monitoring period was approximately 31% below the period estimate (47,920 vs 69,456 tCO2e), indicating operational fragility.
• ⚠One corrective action remains open: the next verification team must review meter test reports.

Credit Vintages

No issuances recorded on the registry.