Feke II 69.58 MW Hydroelecrtic Power Plant
#169of 295 in Turkey#524of 1339 in Verra (VCS)#654of 1287 in ACM0002
Audit Analysis
The Feke II hydroelectric project in Turkey is a methodologically sound renewable energy project under ACM 0002 with VVB-verified additionality and a jurisdictional baseline reassessed in 2023. However, the project's documentation record is marred by 53 clarification requests, 27 corrective actions, and eight data contradictions across verification and monitoring reports, and the verified emissions reductions delivered only about 60% of the pro-rata expectation for the elapsed monitoring period due to lower water inflow and maintenance.
Red Flags
- 53 clarification requests and 27 corrective actions were raised and closed during validation, indicating substantial initial documentation deficiencies
- Verified ERRs (201,923 tCO2e) represent only ~60% of the pro-rata expectation (~335,000 tCO2e) for the 3.25-year monitoring period out of the 10-year crediting period, attributed to lower water inflow and maintenance
- Eight contradictions identified across documents, including conflicting ERR values (201,923 vs 259,725 tCO2e), baseline method (jurisdictional vs project-specific), and additionality test type (regulatory surplus vs investment)
- Minimum extraction confidence rated as low, indicating at least one key document was poorly readable or incomplete
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2011 | 160,335 | 109,342 | 50,993 | |
| 2012 | 500 | 187 | 313 | |
| 2014 | 4,710 | 4,710 | 0 | |
| 2016 | 2,385 | 2,385 | 0 | |
| 2018 | 5,000 | 600 | 4,400 | |
| 2019 | 44,952 | 44,952 | 0 | |
| 2020 | 84,711 | 84,711 | 0 | |
| 2021 | 24,408 | 15,316 | 9,092 | |
| Total | 327,001 | 262,203 | 64,798 |
Risk Indicators
VVB-confirmed regulatory surplus test
Hydro project, no reversal risk, no events reported
0% deduction, deemed negligible for run-of-river hydro
Jurisdictional baseline, reassessed 2023
FPIC conducted, grievance mechanism, benefit sharing documented
CORSIA and CCP status not stated in available documents
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