Ege Wind Farm Project
GS-140 ↗ · current registry ID: GS1230
#51of 770 in Renewable energy#12of 121 in Turkey#17of 426 in Gold Standard (GS)#16of 417 in AMS-I.D
Audit Analysis
The Ege Wind Farm is a well-structured Gold Standard wind project with strong VVB-confirmed additionality (IRR 6% vs 15% benchmark) and inherently low permanence and leakage risk. However, a baseline-method inconsistency across verification reports (project-specific vs jurisdictional), a significant grid emission factor shift (0.4929 to 0.6488), and low extraction confidence in the source documents temper confidence in the overall data quality. All corrective actions were closed before verification, and the 9.4% over-delivery sits within the 10% sensitivity band.
Red Flags
- Baseline method is described as 'project-specific' in the 2025 verification report but 'jurisdictional' in the 2020 verification report — the more recent document is privileged, but the inconsistency undermines baseline confidence
- Grid emission factor changed from 0.4929 (2021 document) to 0.6488 (2020 reference year used in 2025 monitoring), a 32% increase that materially affects the magnitude of claimed reductions
- Minimum extraction confidence is rated 'low', indicating at least one key document was poorly readable, reducing reliability of the extracted data
- Five Corrective Action Requests during verification included an incorrect electricity generation calculation (months after June 2019 omitted) and insufficient EPIAS data precision
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2015 | 3,740 | 3,740 | 0 | |
| 2016 | 18,313 | 14,967 | 3,346 | |
| 2017 | 16,292 | 11,696 | 4,596 | |
| 2018 | 15,205 | 15,205 | 0 | |
| 2019 | 16,405 | 12,101 | 4,304 | |
| 2020 | 15,493 | 309 | 15,184 | |
| 2021 | 16,558 | 0 | 16,558 | |
| 2022 | 12,708 | 0 | 12,708 | |
| Total | 114,714 | 58,018 | 56,696 |
Risk Indicators
VVB-confirmed investment test, IRR 6% vs 15% benchmark
Wind avoidance project, no reversal risk identified
0% deduction, justified as negligible for grid-displacing wi
Method inconsistent across reports (project vs jurisdictiona
FPIC conducted, grievance mechanism in place, safeguards doc
CORSIA not stated, CCP not mentioned — dual-channel risk unc
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