Basak Hydropower Plant, Turkey

Audit Analysis

The Basak Hydropower Plant is a VCS-registered renewable energy avoidance project with a confirmed investment additionality test and a jurisdictional grid-emission-factor baseline. The project delivered roughly 50% of its pro-rata expected reductions for the monitored period, which is conservative but raises questions about the accuracy of the ex-ante estimate. Multiple contradictions across documents and a low extraction confidence level temper confidence in the overall data picture.

Project Description

Red Flags

• ⚠Verified ERR of 21,164 tCO2 (Sept 2024 verification report) is only ~50% of the pro-rata expectation of ~42,476 tCO2 for the 4-year monitoring period, and a separate verification report (July 2024) reports 38,021 tCO2 — an unexplained discrepancy of ~17,000 tCO2 between two reports issued weeks apart.
• ⚠Ten contradictions were identified across the document set, including conflicting additionality test types (investment vs. regulatory), conflicting baseline methods (jurisdictional vs. project-specific), and conflicting FPIC and grievance-mechanism statuses between the PDD and the verification report.
• ⚠Minimum extraction confidence is rated low, indicating at least one key document was poorly readable, which undermines confidence in the completeness of the extracted record.

Credit Vintages

No issuances recorded on the registry.