Horcones biomass power plant expansion project
#225of 352 in Biomass#24of 31 in Chile#1342of 1459 in CDM (UNFCCC)#36of 81 in ACM0006
Audit Analysis
The Horcones biomass power plant expansion project (CDM-4052) presents significant data reliability concerns, including a seven-fold discrepancy in claimed emissions reductions between the validation and monitoring reports, four corrective action requests related to baseline and grid emission factor errors, and an additionality barrier test that was not confirmed by the VVB. While the project uses a standard CDM methodology (ACM0006 v14.0) and a recognized VVB (ERM), the combination of unresolved material findings, missing monitoring data, and a 0% leakage deduction with only a generic 'quantified' justification limits confidence in the credit claims.
Red Flags
- Seven-fold discrepancy in total ERR between the validation report (51,956 tCO2e) and the monitoring report (363,692 tCO2e) — a critical data reliability issue
- Additionality barrier test was not verified by the VVB, undermining the core additionality claim
- Four corrective action requests (CARs) covering grid emission factor calculation errors, missing NCV measurement methods, and PDD inconsistencies remain in the record
- 0% leakage deduction with only a generic 'quantified' justification and no supporting quantification visible in the extracted record
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2015 | 87,244 | 0 | 87,244 | |
| 2016 | 37,093 | 0 | 37,093 | |
| 2017 | 57,088 | 0 | 57,088 | |
| 2020 | 76,538 | 0 | 76,538 | |
| Total | 257,963 | 0 | 257,963 |
Risk Indicators
Barrier test present but not VVB-confirmed
Avoidance project; no reversals repor
0% deduction with generic 'quantified' justification; no sup
Project-specific baseline; grid EF errors flagged in CARs; r
Safeguards mentioned but no FPIC, grievance, or benefit-shar
CCP and CORSIA status not stated in available documents
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