Kusakli Hydro Electric Power Plant

Audit Analysis

The Kusakli Hydro Electric Power Plant is a small run-of-river hydro project in Turkey that displaces grid electricity, with additionality confirmed by the VVB via an investment test and a reasonable 0% leakage deduction. However, a contradiction between the verification report (project-specific baseline) and the PDD (jurisdictional baseline), the absence of a buffer pool, and 24 corrective actions raised during verification introduce moderate concerns about baseline robustness and documentation quality. The project delivered approximately 85% of its pro-rata annual expectation for the 2024 monitoring period, indicating no obvious over-crediting.

Project Description

Red Flags

• ⚠Baseline method contradiction: the verification report (2024) states a project-specific baseline while the PDD (2023) references a jurisdictional baseline — the basis for calculating reductions is ambiguous
• ⚠24 corrective actions were required during verification, indicating significant documentation and methodological gaps in the PDD and monitoring procedures
• ⚠No buffer pool is in place to cover potential reversals, although reversal risk is low for an avoidance-type hydro project
• ⚠Total verified ERR is not stated in the extracted record, leaving the independently confirmed reduction figure unclear

Credit Vintages