Bulam 7MW HEPP

Audit Analysis

The Bulam 7 MW hydro project in Turkey is a small-scale avoidance project with a jurisdictional baseline and a combined additionality test, but the verification report surfaced 17 material findings including missing baseline calculations, data mismatches, and undefined crediting parameters. The grid emission factor dates from 2007, no buffer pool is documented, and reversal risk is explicitly unaddressed, leaving meaningful gaps in permanence and baseline robustness. The project is functional but carries moderate data-quality and methodological concerns that limit confidence in the credited reductions.

Project Description

Red Flags

• ⚠17 material findings (9 CARs, 3 CLs, 1 FAR) in the verification report, including missing baseline emission calculations for 2010, 2011, and 2013 and a February 2011 generation data mismatch
• ⚠Grid emission factor of 0.562 tCO₂/MWh is from 2007 — nearly a decade old at the time of verification — raising questions about baseline currency
• ⚠Reversal risk is explicitly 'not addressed' and no buffer pool percentage is stated in any available document
• ⚠ERR contradiction: the monitoring report (June 2016) reports 110,095 tCO₂e while the verification report (July 2016) confirms only 76,466 tCO₂e — a 44% discrepancy

Credit Vintages