Baishuiquan Hydropower Project, Guizhou Province, China

Audit Analysis

The Baishuiquan small hydropower project (CDM-2104) is a straightforward grid-displacement project with a jurisdictional baseline and a combined additionality test, but the extracted record shows gaps in VVB-confirmed additionality, missing verified ERR figures, and contradictory characterisations of the baseline method and leakage treatment across documents. The project appears to be delivering well above its pro-rata ex-ante expectation, reducing over-crediting risk, yet the absence of CORSIA/CCP status and incomplete monitoring parameters temper confidence.

Project Description

Red Flags

• ⚠Additionality test type is recorded as 'combined' but VVB confirmation of the additionality assessment is not found in the extracted record, leaving the robustness of the additionality claim unverified.
• ⚠The monitoring report (2017) characterises the baseline as 'project' while the validation report (2016) states 'jurisdictional'; this contradiction undermines confidence in the baseline methodology as applied during monitoring.
• ⚠Leakage justification is inconsistent: the validation report (2016) deems leakage negligible, but the monitoring report (2017) records it as 'not addressed', creating an ambiguity in the project's leakage treatment.
• ⚠Corrective actions were required to add monitoring parameters (EGPJ, falicity, CapPJ) to the PDD, indicating the original documentation was incomplete at validation.

Credit Vintages