Umut-II Hydropower Plant, Turkey

Audit Analysis

The Umut-II Hydropower Plant is a VCS-registered renewable energy project with confirmed additionality and a jurisdictional baseline reassessed in 2024, but it delivered only 58% of its pro-rata expected reductions for the monitoring period due to seasonal water-flow variability. The verification process surfaced over 60 material findings and 12 corrective actions, and several contradictions between the PDD, validation report, and verification report undermine confidence in the data record.

Project Description

Red Flags

• ⚠Verified reductions (115,715 tCO2e) are 49% below the ex-ante estimate for the same monitoring period (227,254 tCO2e), indicating the original projections were significantly overstated
• ⚠Over 60 material findings and 12 corrective actions were raised during verification, including discrepancies in electricity generation values between meter records and EPIAS records, and shared meters across Umut-I, II, and III requiring proportional allocation
• ⚠FPIC status is contradictory: the monitoring report states it was not conducted, while the PDD (2025) states it was conducted
• ⚠Grid emission factor differs between the PDD (0.4568 tCO2/MWh) and the verification report (0.551 tCO2/MWh), affecting the magnitude of claimed reductions
• ⚠CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed

Credit Vintages

No issuances recorded on the registry.