The Yokuslu- Kalkandere Hydroelectric Power Plant
#233of 1935 in Renewable energy#4of 26 in Türkiye#104of 1339 in Verra (VCS)#171of 1287 in ACM0002
Audit Analysis
The Yokuslu-Kalkandere run-of-river hydro project (43.47 MW, Turkey) is a well-structured VCS avoidance project with a VVB-confirmed investment additionality test, a jurisdictional grid-emission-factor baseline under ACM0002, and conservative under-delivery relative to ex-ante estimates. Key gaps include the absence of a stated buffer pool, unaddressed reversal risk, and several eligibility and monitoring parameters not specified in the available documents. Multiple historical CARs and a medium extraction confidence temper the otherwise solid documentation record.
Red Flags
- Reversal events are explicitly noted as 'not addressed' in the verification report, and no non-permanence risk rating was determined by the project proponent.
- The ex-ante lifetime ERR estimate increased from 567,080 tCO2e (2021 verification report) to 833,090 tCO2e (2023 monitoring report), a 47% upward revision that warrants scrutiny.
- CORSIA eligibility and CCP status are both not stated in any available document, leaving dual-channel risk unassessed.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2011 | 77,328 | 72,330 | 4,998 | |
| 2012 | 76,422 | 76,422 | 0 | |
| 2013 | 81,614 | 81,614 | 0 | |
| 2014 | 79,648 | 79,648 | 0 | |
| 2015 | 86,742 | 86,742 | 0 | |
| 2016 | 94,625 | 0 | 94,625 | |
| 2017 | 90,881 | 0 | 90,881 | |
| 2018 | 88,771 | 0 | 88,771 | |
| 2019 | 73,834 | 0 | 73,834 | |
| 2020 | 80,373 | 0 | 80,373 | |
| 2021 | 58,363 | 0 | 58,363 | |
| 2022 | 69,659 | 0 | 69,659 | |
| 2023 | 44,915 | 0 | 44,915 | |
| Total | 1,003,175 | 396,756 | 606,419 |
Risk Indicators
VVB-confirmed investment test
reversal unaddressed
0% deemed negligible, reasonable for hydro
Jurisdictional grid EF, reassessed 2022
Grievance & benefit sharing present; FPIC not stated
CORSIA and CCP status not stated
Where to buy
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