Boyabat Hydroelectric Power Plant
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB using an investment test, and the baseline was reassessed in 2020 under ACM0002.
missing The verification report raised multiple concerns about business-as-usual status, project history, and title/licensing clarity, with many corrective actions required.
Transparency
verified The monitoring period and verified emissions reductions are stated, and the claimed and verified totals match at 1,681,349 tCO2e.
missing The monitoring method for usage was not found, and the low extraction confidence means some key source material may have been difficult to read.
Claim Safety
verified The project is not CORSIA-eligible, which lowers dual-market claim risk.
missing Leakage is only described as negligible with no quantified deduction, and the record shows unresolved questions around baseline credibility and additionality.
Documentation
verified The file set is relatively broad, with 24 documents used and a recent document date in 2023.
missing Extraction confidence was low, and the record includes many corrective actions plus contradictions across documents on safeguards and the crediting period.
Detailed Analysis
Integrity
The project has some positive integrity signals: the VVB confirmed additionality through an investment test, the baseline method is project-based under ACM0002, and the baseline was last reassessed in 2020. However, the verification findings explicitly asked the proponent to justify why the project was not business as usual, explain why it was not developed earlier, and clarify licensing and ownership history, which are material integrity concerns. Leakage is only described as negligible, and reversal risk is not addressed in the extracted record.
Transparency
The monitoring period is stated as 2020-05-01 to 2022-11-28, and the claimed and verified emission reductions are identical at 1,681,349 tCO2e, which is a positive sign for registry consistency. On the other hand, the usage monitoring method is not found in the available documents, and the low extraction confidence suggests at least one key source was poorly readable. The record is therefore only moderately transparent rather than strong.
Claim Safety
Claim safety is weakened by the project-specific baseline and the absence of a quantified leakage deduction, even though leakage is described as negligible. The project is not CORSIA-eligible, which reduces one channel of claim risk, but the record does not provide enough evidence to rule out over-crediting concerns given the verification questions about additionality and project history. The matching claimed and verified totals help, but they do not offset the broader uncertainty.
Documentation
Documentation breadth is decent, with 24 documents used and a recent 2023 document date, and the project also has a named VVB. But the extraction confidence is low, which lowers trust in the record, and the verification process required many corrective actions. Several important items are either not found or not stated, including usage monitoring details and buffer pool information.
Overall
I privileged the more recent and more specific 2023 statements for safeguards, FPIC, grievance handling, leakage, and the crediting period over older 2014 statements, because the contradictions show the project documentation evolved over time. Even so, the contradictions themselves are a reliability problem and I scored downward accordingly, especially because the verification report raised substantive questions about business-as-usual status and ownership/licensing history. The project is registered and has some positive MRV features, but the overall evidence quality is only moderate.
Audit Analysis
This is a registered VCS hydropower project with VVB-verified additionality and a recent baseline reassessment, but the record shows substantial reliability concerns. Multiple corrective actions and unresolved questions about business-as-usual status, licensing history, and ownership weaken confidence in the crediting claims.
Project Description
The Boyabat Hydroelectric Power Plant is a renewable energy project designed to supply 513 MW of electricity to the Turkish power grid. The project is located on the Kızılırmak river and is expected to produce 1,370,000 MWh of electricity annually, while reducing CO2 emissions by 580,882 tonnes. By replacing grid-connected power plants, the Boyabat HPP is an important step towards a cleaner energy future in Turkey.
Red Flags
- A large set of corrective actions was required, and the verification findings questioned whether the project was truly non-business-as-usual.
- The record contains contradictions on safeguards, grievance handling, FPIC, leakage treatment, and the crediting period, which reduces trust in the documentation.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2013 | 657,707 | 649,347 | 8,360 | |
| 2014 | 216,089 | 0 | 216,089 | |
| 2015 | 389,352 | 0 | 389,352 | |
| 2016 | 347,851 | 0 | 347,851 | |
| 2017 | 245,899 | 0 | 245,899 | |
| 2018 | 196,537 | 0 | 196,537 | |
| 2019 | 273,972 | 0 | 273,972 | |
| 2020 | 11,649 | 9,700 | 1,949 | |
| Total | 2,339,056 | 659,047 | 1,680,009 |
Cosa migliorerebbe questo punteggio
- Provide a clear, fully traceable explanation of additionality, business-as-usual status, and project licensing/ownership history in a single reconciled document.
- Publish complete monitoring and safeguards documentation, including usage monitoring details, leakage treatment, and a resolution of all corrective actions and contradictions.
Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.
Risk Indicators
VVB-confirmed but challenged
No buffer pool stated
Negligible but unquantified
Project baseline, reassessed in 2020
FPIC and grievance mechanism documented
Not CORSIA-eligible
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Registry Documents
issuance
monitoring
Other
validation
- VCS-Verification-Representation-v4.1.pdf
- VCS-Validation-Representation-v4.1.pdf
- Final_Ver Report_741 Boyabat hydro_Anil Soyler_v01.4_19-04-2022.pdf
- Signed_VCS Ver Rep_741 Boyabat hydro_Christian Johannes_14-01-2022.pdf
- 21226301_Verification Representation_BoyabatHPP.pdf
- FVR_Boyabat RCP+VER_VCS 1345_A+1023 04-04-2023 02_45_47_559.pdf
- +1 more
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