Fundão-Santa Clara Energetic Complex Project (FSCECP)
Score Breakdown
Integrity
verified The validation/verification record indicates additionality was confirmed by the VVB using an investment test.
missing Leakage is reported as a 0% deduction while the justification is inconsistent across monitoring reports, and baseline reassessment timing is not evidenced in the extracted record.
Transparency
verified A named VVB (TÜV NORD CERT GmbH) and a clearly stated monitoring period (2011-09-01 to 2013-12-31) support auditability.
missing Claimed versus verified ERs are inconsistent across documents, and key MRV elements (e.g., usage monitoring method) are not found in the extracted record.
Claim Safety
verified The project is explicitly not CORSIA-eligible, reducing certain downstream claim risks.
missing Over-crediting risk is elevated by contradictory ER figures and unclear leakage justification alongside a 0% leakage deduction.
Documentation
verified Multiple core document types are present (PDD, validation report, monitoring report, issuance) with high extraction confidence and 9 documents used.
missing Contradictions between documents (including crediting period and safeguards statements) reduce confidence in the completeness/consistency of the record.
Detailed Analysis
Integrity
Additionality appears relatively robust because the VVB is reported to have confirmed an investment test (as reflected in the extracted record from the validation/verification documentation). However, the monitoring report (2014) indicates leakage was not addressed while still applying a leakage deduction of 0%, and an earlier monitoring report (2012) reportedly treated leakage as quantified—this inconsistency weakens confidence in the leakage assessment. The baseline is described as project-specific, and the timing of any baseline reassessment is not stated in the available extracted record, which increases baseline and over-crediting uncertainty.
Transparency
The extracted record provides a named VVB (TÜV NORD CERT GmbH) and a defined monitoring period (2011-09-01 to 2013-12-31) from the monitoring report (2014), which supports traceability. At the same time, the claimed and verified ER totals vary substantially across monitoring reports (2011, 2012, 2014), indicating inconsistent reporting and reducing transparency of the MRV trail. Several operational monitoring details (e.g., usage monitoring method) are not found in the extracted record, limiting independent interpretability.
Claim Safety
The project is explicitly marked as not CORSIA-eligible in the extracted record, which lowers certain double-claim/eligibility-related marketing risks. Nonetheless, claim safety is weakened by the combination of a 0% leakage deduction and conflicting leakage treatment statements between monitoring reports (2012 vs 2014). The large spread in ER figures across documents also increases the risk that public claims could be based on inconsistent or overstated numbers.
Documentation
Documentation coverage is relatively strong: the evidence set includes a PDD, validation report, monitoring report, and issuance records, with 9 documents used and high extraction confidence. No material findings or corrective actions are reported in the extracted record, which is supportive. However, multiple cross-document contradictions (safeguards, ER totals, crediting period, leakage treatment) indicate internal inconsistency that reduces documentation reliability even if the document set is broad.
Overall
Overall quality is mid-range: additionality is a clear strength (investment test confirmed by the VVB), but integrity and claim safety are pulled down by inconsistent leakage treatment and inconsistent ER totals across monitoring reports. For contradictions, the more recent monitoring report (2014-04-07) was privileged for current-period values (e.g., monitoring period context and the latest stated ER totals), but the presence of earlier conflicting monitoring reports (2011-03-03; 2012-01-18) signals reliability issues that warrant score penalties. The crediting period conflict was handled by treating the PDD (2011-07-07) as the governing design document for the intended crediting window, while noting the later monitoring report’s differing dates as a documentation inconsistency that increases uncertainty.
Audit Analysis
The project shows a reasonably strong additionality case (investment test confirmed by the VVB) and no reported material findings, but key integrity elements are weakened by inconsistent reporting across monitoring documents. Leakage treatment is especially unclear, and baseline recency is not evidenced in the extracted record, increasing over-crediting risk.
Project Description
The objective of the project is the generation of zero carbon emission electricity from a renewable source - hydropower.
Red Flags
- Conflicting leakage treatment across monitoring reports (one indicates leakage was quantified, a later one indicates it was not addressed) despite a stated 0% leakage deduction.
- Large inconsistencies in claimed and verified emission reductions across monitoring reports, raising data reliability and over-crediting concerns.
- Crediting period dates conflict between the PDD and a later monitoring report, creating uncertainty about the applicable crediting window.
Credit Vintages
Nessuna emissione registrata sul registro.
Il marketplace dichiara i vintage: 2008, 2012, 2013 (non verificato).
Cosa migliorerebbe questo punteggio
- Provide a consistent, explicit leakage assessment (and justification for 0% if applicable) aligned across monitoring reports, including any quantified leakage calculations if previously applied.
- Publish a reconciliation table across monitoring/verification periods showing claimed vs verified ERs and explaining changes in totals, plus clarify the authoritative crediting period with registry-aligned dates.
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
Investment test confirmed by VVB
Avoidance project; no reversal events reported
0% deduction with inconsistent justification
Project-specific baseline; reassessment timing unclear
FPIC not conducted; safeguards/grievance not evidenced
Not CORSIA-eligible; CCP status not stated
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