Uzundere I 63.0 MW Hydroelectric Power Plant Project, Turkey
#1334of 1935 in Renewable energy#248of 295 in Turkey#931of 1339 in Verra (VCS)#1035of 1287 in ACM0002
Audit Analysis
The Uzundere I 63 MW run-of-river hydro project demonstrates solid additionality (IRR well below benchmark) and an appropriate jurisdictional grid baseline, but is undermined by eight cross-document contradictions—including a 2.3× discrepancy in verified emission reductions, conflicting grid emission factors, and inconsistent baseline method descriptions. The volume of corrective action requests (25 CARs, 3 CLs) and low extraction confidence across 23 documents raise material data-reliability concerns that temper an otherwise straightforward renewable-energy credit.
Red Flags
- Verified ERR figures differ by 2.3× between the verification report (177,485 tCO2e) and the validation report (76,997 tCO2e), creating material uncertainty about the true credit volume
- Grid emission factor is reported as 0.559 tCO2/MWh in the verification report but 0.4929 tCO2/MWh in the validation report, directly affecting the magnitude of all reduction claims
- 25 Corrective Action Requests and 3 Clarification Requests were raised across validation and verification, including incorrect electricity values, missing monitoring procedures, and methodology version inconsistencies
- FPIC status is contradictory: the monitoring report states it was not conducted while the validation report states it was conducted
- Min extraction confidence is rated 'low', indicating at least one key document was poorly readable, reducing reliability of all extracted figures
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2010 | 85,126 | 85,126 | 0 | |
| 2011 | 4,946 | 4,946 | 0 | |
| 2012 | 65,959 | 65,959 | 0 | |
| 2013 | 68,856 | 67,213 | 1,643 | |
| 2014 | 70,823 | 69,401 | 1,422 | |
| 2015 | 71,657 | 48,132 | 23,525 | |
| 2016 | 97,304 | 81,697 | 15,607 | |
| 2017 | 74,669 | 74,669 | 0 | |
| Total | 539,340 | 497,143 | 42,197 |
Risk Indicators
VVB-confirmed investment test; IRR well below benchmark
Hydro project; no reversal risk (non-AFOLU)
0% deduction; negligible for run-of-river grid-connected hyd
Jurisdictional grid EF but EF value and method contradicted
Grievance mechanism present; FPIC status contradictory betwe
CORSIA and CCP status both not stated; dual-channel risk une
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