Hebei Yingxin Glass Group Co. Ltd. Glass Furnace Flue Gas Waste Heat To Energy Project (300502)
GS-1175 ↗ · current registry ID: GS750
#121of 1329 in Industrial#215of 1084 in China#238of 1801 in Gold Standard (GS)#5of 28 in ACM0012
Audit Analysis
A Gold Standard energy-efficiency project recovering waste heat from a glass furnace, with a VVB-confirmed investment additionality test and a methodology (ACM0012 v3.2) that explicitly exempts leakage. The main integrity gaps are the absence of a buffer pool, a project-specific (non-jurisdictional) baseline, and unaddressed reversal risk for an energy-saving installation. Reporting is conservative — verified reductions ran 12.5% below the PDD estimate — but several MRV data points (verified ERR, usage monitoring method) are missing from the extracted record.
Red Flags
- Calibration of monitoring equipment was not conducted appropriately per the monitoring plan (flagged in the 2020 verification report)
- Reversal risk is explicitly 'not addressed' in the extracted record, with no buffer pool or credit retirement mechanism documented
- Project-specific baseline with no stated reassessment date; the 2012 verification report did not address leakage at all, only the 2020 report cites the methodology exemption
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2010 | 65,398 | 62,157 | 3,241 | |
| 2011 | 41,185 | 41,185 | 0 | |
| 2012 | 45,078 | 44,897 | 181 | |
| 2013 | 69,260 | 69,260 | 0 | |
| 2014 | 60,807 | 60,807 | 0 | |
| 2015 | 61,156 | 61,056 | 100 | |
| 2016 | 60,303 | 60,303 | 0 | |
| 2017 | 59,296 | 57,399 | 1,897 | |
| 2018 | 58,921 | 57,655 | 1,266 | |
| 2019 | 63,986 | 50,586 | 13,400 | |
| Total | 585,390 | 565,305 | 20,085 |
Risk Indicators
VVB-confirmed investment test
reversal risk unaddressed
Methodology exempts leakage (ACM0012 v3.2)
Project-specific; no reassessment date stated
FPIC, grievance mechanism, benefit sharing documented
CORSIA and CCP status not stated
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