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ICRAvoidance / ReductionALACM0002

Peshqeshit HEPP 3

ICR-263 ↗

#156of 1935 in Renewable energy#3of 154 in Intl. Carbon Registry (ICR)#114of 1287 in ACM0002

6.5/ 10
Integrity
6.8
Transparency
6.0
Claim Safety
6.2
Documentation
7.2

Audit Analysis

Peshqeshit HEPP 3 is a run-of-river hydropower project in Albania with a solid additionality assessment (combined test, VVB-verified) and no reported reversal events. However, a significant discrepancy in verified emission reduction figures between the validation report (271,735) and the issuance document (369,410) raises data-reliability concerns, and several MRV parameters (FNRB, usage monitoring, CORSIA status) are not stated in the available documents.

Red Flags

  • Verified ERR figure differs by ~36% between the validation report (271,735, 2025-10-24) and the issuance document (369,410, 2025-10-31), creating uncertainty about the true credit volume
  • Baseline method is described as 'project-specific' in the verification report but 'jurisdictional' in the validation report, indicating inconsistent characterisation of the baseline approach

Credit Vintages

IssuedRetiredAvailable
2015
25,201025,201
2016
36,941036,941
2017
36,941036,941
2018
36,941036,941
2019
36,941036,941
2020
36,941036,941
2021
36,941036,941
2022
36,941036,941
2023
36,941036,941
2024
36,941036,941
2025
11,740011,740
Total369,4100369,410

Risk Indicators

Additionality

Combined test, VVB-verified

Permanence

mixed evidence / unresolved risk

Leakage

0% deemed negligible, reasonable for grid-fed HEPP

Baseline

Project-specific, reassessment timing not stated

Safeguards

FPIC, grievance mechanism, benefit sharing documented

Double-claim

CORSIA and CCP status not stated

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Analysis ProvenanceScored2026-09-08CDM ACM0002

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