Kalecik Hydroelectric Power Plant

Audit Analysis

The Kalecik Hydroelectric Power Plant is a grid-connected renewable energy project under the ICR standard with a VVB-verified combined additionality test and a reasonable 0% leakage deduction for its hydroelectric context. However, the project lacks a buffer pool, does not address reversal risk, and carries a project-specific baseline without documented reassessment timing. Multiple contradictions across documents—including a direct conflict on whether FPIC was conducted and inconsistent ERR figures—combined with low extraction confidence, limit confidence in the overall data quality.

Project Description

Red Flags

• ⚠Reversal risk is explicitly not addressed in the validation report (Section 3.8.4 discusses economic risks but ICR notes it does not cover GHG reversal), and no buffer pool is in place
• ⚠FPIC status is directly contradicted: the PDD (Nov 2024) states FPIC was conducted, while the validation report (Jan 2025) records it as not conducted
• ⚠Baseline method is inconsistent within the validation report itself: 'project' in the Jan 2025 version versus 'jurisdictional' in the Dec 2024 version
• ⚠39 Corrective Action Requests were issued during validation, indicating significant initial documentation quality issues
• ⚠Minimum extraction confidence is rated 'low', meaning at least one key document was poorly readable

Credit Vintages