Ciclo Combinado Termoflores IV
#1000of 1329 in Industrial#103of 124 in Colombia#78of 99 in CerCarbono (CC)#6of 8 in ACM0007
Audit Analysis
Ciclo Combinado Termoflores IV is a combined-cycle power plant project under Colombia's CerCarbono standard with VVB-confirmed additionality, but the verification report identifies nine material findings related to meter calibration gaps, missing documentation, and a transformer deviation. The project delivered roughly 58% of its pro-rata ex-ante expectation for the 2021–2023 monitoring period, and several key MRV parameters (FNRB, usage rates, leakage percentage) remain unquantified in the available record.
Red Flags
- Nine material findings in the verification report, including expired meter calibration (Aug–Dec 2023), missing calibration certificates, and a transformer deviation (TF-05) not reflected in the PDD
- Contradiction in ERR figures within the verification report: 1,264,688 (2025-07-28) vs 249,435 (2025-07-09), with no clear explanation of the discrepancy
- Leakage is described as 'quantified' but no deduction percentage is stated in any available document
- No FPIC (Free, Prior and Informed Consent) process documented despite the project's industrial footprint in Colombia
- Low extraction confidence across the document set, indicating at least one key document was poorly readable or incomplete
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2017 | 79,440 | 79,440 | 0 | |
| 2018 | 22,655 | 22,655 | 0 | |
| 2019 | 91,039 | 91,039 | 0 | |
| 2020 | 225,520 | 225,520 | 0 | |
| 2021 | 79,151 | 0 | 79,151 | |
| 2022 | 76,500 | 0 | 76,500 | |
| 2023 | 93,784 | 0 | 93,784 | |
| Total | 668,089 | 418,654 | 249,435 |
Risk Indicators
VVB-confirmed but test type not stated
Energy-efficiency project, no reversal risk
Quantified but percentage not stated
Project-specific, reassessment timing not stated
Grievance & benefit sharing present, no FPIC
CORSIA and CCP status not stated
⚑ Dispute this rating
Are you the project owner?
Metadata correction (free)
Name, country, marketplace or links incorrect? Let us know.
Does not modify the score.
[email protected] →Pipeline re-run with new documents
Have updated documentation not yet included? You can request a new run of the pipeline with the new inputs.
Submit Documents →Share this rating
