Hangzhou Huadian Xiasha Natural Gas-fired Cogeneration Project

Audit Analysis

A CDM energy-efficiency project replacing a coal-fired cogeneration plant with natural gas, with VVB-confirmed additionality and a quantified negative leakage figure. However, the project-specific baseline (contradicting a 'jurisdictional' label in the monitoring report), the absence of a buffer pool, and numerous missing transparency fields (no monitoring period, no verified ERR, no FNRB) limit confidence in the credit's robustness and verifiability.

Project Description

Red Flags

• ⚠Baseline method contradiction: validation report specifies a project-specific baseline (newly built coal-fired cogeneration plant) while the monitoring report labels it 'jurisdictional' — the project-specific interpretation is privileged as it aligns with the material findings description.
• ⚠No buffer pool percentage stated and no reversal events data available, leaving permanence risk unquantified for a 7-year crediting period.
• ⚠Grid emission factor discrepancy between documents (0.6286 in validation report vs 0.75665 in monitoring report) introduces uncertainty in the baseline emission calculation.
• ⚠No monitoring period, verified ERR, or usage monitoring method found in the extracted record, limiting ability to assess actual delivery against claims.

Credit Vintages

No issuances recorded on the registry.